MN's Talent Forecasts and RealTime Talent's Role in Accelerating Strategic Business Solutions
Date and Time
Tuesday Dec 18, 2018
8:00 AM - 9:30 AM CST
Tuesday, December 18, 2018
8:00 am Registration and Breakfast
8:30 - 9:30 am Program
Location
Golden Valley C.C. 7001 Golden Valley Rd, Minneapolis, MN 55427
Fees/Admission
$40 Members
$80 Non-members
Description
Minnesota’s workforce could be as many as 278,000 workers short by the year 2022. For the greater metropolitan region, we anticipate a potential shortage of over 62,000 workers by 2020. Employers of all sizes and in all industries have identified talent shortages or skill misalignments as their number one business issue. While human resource leaders have been developing strategies to attract, retain, and develop talent for many years, the current and anticipated shortage is challenging us to be much more innovative to meet our talent needs.
Without qualified talent, our companies cannot thrive or grow. We are seeing turnover at unprecedented levels, as employees find the market is ripe for securing higher wages by moving from employer to employer. We face greater inequities and racial disparities across our state than most other states across the country. Fully engaging all workers, to their maximum potential, is a complex challenge with a diverse set of stakeholders. Ensuring all stakeholders work from the same set of data to focus solutions on high demand, competitive wage occupations is the role that RealTime Talent assumed when first formed in 2015 as a product of the Itasca Project research on Minnesota’s workforce readiness.
Join Scott Peterson, CHRO of Schwan’s Food and Chair of RealTime Talent’s advisory board, for a discussion about the employer opportunities ahead and the work that is in progress to develop a strategic approach to filling our talent pipelines. RealTime Talent has accelerated the effort to identify industry solutions that provide access to untapped talent pools and engage employers in defining solutions that improve worker readiness to fill the jobs employers are working to fill. Retirements, fluctuations in the flow of immigrants, and lack of access for underserved communities all create a landscape that will make our efforts to attract and retain talent even more challenging. Those who train and develop talent – the supply side of this equation – are acutely aware of the need for employer insights on the programs and curriculums used for secondary, post-secondary, and community-based training. Learn more about how your organization can engage and support the effort to improve talent sources for your industry.
BIO: Scott joined Schwan's Company in December 2008 as executive vice president and chief human resources officer and leads the privately held food company's human resources, corporate communications, and public relations functions. Prior to Schwan, he held human resources leadership roles with some of the leading consumer brands companies in the United States, including Pillsbury and Sleep Number.
An active member of the Minnesota business and non-profit communities, Scott serves on the board of directors for the Greater Twin Cities YMCA, Minnesota Wild Foundation, and the USA Advisory Board for Enactus (formerly Students in Free Enterprise). He earned his bachelor's degree in liberal arts from Marquette University of Milwaukee, Wisconsin, and a master's degree in industrial relations from the University of Minnesota.