Industry
leaders from Tampa Bay businesses convened at Tampa Bay WorkForce Alliance’s
annual estimating conference, themed Innovation + Resource Management =
Business Advantage, to identify their workforce and training priorities in a
turbulent economy, gain information on the current and future economic
environment, and learn of resources available through Tampa Bay WorkForce
Alliance (TBWA) to help them maintain a competitive edge.
TBWA,
as a recipient of Recovery Act funds, is uniquely positioned to help Tampa area
businesses grow and be competitive.
Representatives from a variety of industries shared information that
will assist TBWA in planning the most effective ways to meet their workforce
needs.
It
is vital that Tampa area businesses are matched with the resources they need
while the economy takes the necessary
duration to recover. According to Dr.
Sean Snaith, a national expert in economic analysis and speaker at Thursday’s
event, the recession may be over, but it will be some time before the labor
market heals, particularly in Florida.
Dr. Snaith is the director of the Institute for Economic Competitiveness
at the University of Central Florida’s College of Business Administration. He provided event participants insight on
both Tampa Bay’s current economic position and its future. Echoing what other economists across the
state and nation have said, Dr. Snaith predicts employment will not return to
peak level until the end of 2013, and that the health care industry is most
recession-resistant, based on an aging population and other market demands for
its occupations.
Health
care, combined with life sciences and bioscience, was one of the industries
seated in focus groups at the event and asked to respond to a series of
questions concerning the state of its industry and business today, as well as
its outlook for the future.
Other
industries grouped included construction/manufacturing/realtors/utilities; information
technology/systems administrators; hospitality/retail /tourism; professional
services; emerging business/entrepreneurs/small businesses; and
education/training.
Most
industries indicated a business decline, though the Health Care sector claimed stable
growth. Asked to identify key drivers
for potential growth, all industries pointed toward a need for training,
especially in areas of customer service and other soft skills that are critical
to business, yet not included in formal training curricula. For example, among the qualities that most
participants reported to be valuable in job candidates were interpersonal skills, adaptability and
communication, and industry knowledge.
Many
participants indicated short term hiring plans - 47 percent within the next
three months. Forty percent said they
planned to be hiring within the next 12 months.
When
polled about the current skill levels of their employees, 35 percent of
businesses indicated a need for improvement.
Specifically, 40 percent identified skills upgrade as the type of
training from which their employees might benefit. Customized training was identified as a need
by 37 percent of the businesses, and 23 percent indicated industry-specific
training for their employees would be beneficial.
Additional
course offerings and online training options were among the ideas presented by
the education and training group to address increased training demand for
industries such as health care and information technology.
Education
providers were also asked to discuss their response to the emergence of “green”
economy jobs and the need for appropriate training curricula for suitable occupations. The group raised concern that identification
of green occupations and industries have yet to fully be understood and
development of curriculum will most likely follow as these definitions become
clearer.
Information
gathered from the discussions will be used to ensure TBWA training services are
relevant and applicable to workforce needs in the Tampa Bay area. Industry input is vital to TBWA as it continues
to foster optimal economic development in the region through strengthening the workforce
and helping businesses stay competitive in a challenging marketplace.
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