SCAC/AIAG Supply Chain & Quality Conference

Mike Graney, CRDA

September 7, 2018

Aligning Talent Development with Industry Needs

Serves as a catalyst for long-term prosperity by attracting the world’s best companies, talent, and entrepreneurs

843.760.4526mgraney@crda.org

MICHAEL J. GRANEYVICE PRESIDENT, GLOBAL BUSINESS DEVELOPMENT

Regional Prosperity

Economic Output (GDP) Growth 2006-2016Charleston MSA

United States

56%

34%

Employment Growth 2007-2017Charleston MSA

United States

22%

5%

Real Wage Growth (Private Sector) 2007-2017Charleston MSA

United States

10.1%

5.5%

Growth is Not New

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50

100

150

200

250

300

350

400

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017

Thou

sand

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Real GRP (millions of chained 2009 dollars) Employment

Employm

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Navy Base

Closure Period

Announced Announced

Home to World Class Brands

Current Labor Force Snapshot

Employed364,000

378,000Total metro civilian

labor force

Labor force growing

than U.S

Source: U.S. Bureau of Labor Statistics

Source: U.S. Census Bureau ACS

Mid-Sized MetroFor Millennials

(25-34)

34.7%Have a Bachelor’s

Degree or Higher

(SC=26.8% US=30.6%)

29.7%Some College or an Associate’s

Degree (SC=30.1% US=28.9%)

Current Talent Snapshot

Ages 18-54 17 years old or younger

Growing Population & Talent Pool

Incoming labor pool within the ages of 18-44

Source: U.S. Bureau of Labor Statistics, American Community Survey, U.S. Census Bureau

Incoming Labor Force Snapshot

Net In Migration10,220

people per year or 28 people per day

of incoming labor pool have higher education

28%have some college or

Associate’s Degree

35%have a Bachelor’s Degree or higher

Aerospace Automotive Life Sciences Info. Tech Adv. Logistics

High Impact Clusters

Home to World Automotive Class Brands

IT workforce grew

3.5X faster than U.S.’s, since 2010

10,430Programmers, Developers,

Systems Administrators, Analysts, and other

IT Specialists

Source: US Bureau of Labor Statistics

Mid-size Metro For IT Job Growth

300+Tech companies in the Charleston metro

Info Tech Sector

Building & Aligning Future Pipeline

Career Academies in 22 High Schools• 14,000 students this year• 60 Academies

– STEM (30% of students)– Business & IT (20%)– Health professions (30%)– Culinary & Other Arts (20%)

• 150+ Business Partners

Trident Technical College:• Combination of classroom

education & paid on-the-job learning

• 958 apprentices at 110+ employers

(Industrial Mechanics, Machining, IT & Cybersecurity, Hospitality/Culinary, and healthcare)

Source: Charleston Metro Chamber of Commerce

Building & Aligning Future Pipeline

• Collaborative public-private effort • readySC provides customized recruiting & training services (trained 3,685 FY16-17)

• Invest to meet employers’ needs• 224,000 sq. ft. Aeronautical Training Center (advanced manufacturing curriculum)

• 30 New STEM degrees and certificates:– Graduate degrees in Mechanical, Electrical and Computer Engineering– Graduate certificates in Computer Engineering, Systems Engineering, Cybersecurity & more

Regional Job Training

• 61,316 sqft. former manufacturing site

• Converted into a training center for the region’s fast-growing automotive sector and other industriesadditional workers in the Charleston

region (as of July 2018) who now hold Lean Manufacturing Certificates.

Lean Manufacturing Certificate Program

61,316-square-foot building

Worker Training Center

Stay Engaged!Share Resources:

• CRDA.org• CharlestonCommunityGuide.com• CharlestonOpenSource.com• OneRegion.com

Charleston|South Carolina|USAwww.crda.org