Prosperity at Risk Dr. Bill Anderson Executive Director of MeckEd Former CMS Teacher and Principal Mark Pringle VP of Charlotte Energy Hub for Siemens Energy, Inc. Why is America’s prosperity at risk? In-depth survey on U.S. competitiveness October 2011 10,000 HBS alumni How was competitiveness defined in the survey? "The extent to which firms operating in the U.S. are able to compete successfully in the global economy while supporting high and rising living standards for Americans." Over 1,700 respondents were personally involved in decisions about whether to place business activities and jobs in the U.S. or elsewhere. United States fared poorly, losing 2/3 of the decisions that were resolved. Who are we competing against? Facilities involving large numbers of jobs moved out of the U.S. much faster than they moved in. 42% of all decisions involved research, development, and engineering activities. What is threatening our competitiveness? Biggest threats • Tax code • Politics • K-12 education system What are we going to do? “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” Charles Darwin Harvard Graduate School of Education February 2011 Does everyone need a college degree? College for All The Forgotten Half Only 30% complete Bachelor’s degree By their mid-20s Post-High School CollegeCredential for All What is the Rest of the World Doing? Scandinavia Finland Germany “…tonight I ask every American to commit to at least one year or more of higher education or career training. This can be community college, a four-year school, vocational training, or an apprenticeship. But whatever the training may be, every American will need to get more than a high school diploma.” President Barak Obama 2010 State of the Union Address What can Charlotte do? What Can Charlotte Do? Include employers in the learning process through: • Internships • Workplace learning opportunities • Paid apprenticeship program • Business Advisory Council partnering with high schools • Career Academies within our high schools Is anyone already doing this? Manufacturing is a Key Economic Pillar • More economic activity /$ spent than any other sector. • Manufacturing is the largest job creation sector. • Manufacturing “Ecosystem” creates a multiplier effect (1.6) that is higher than any other sector. • Trade balance for the country is lead by manufacturing. Global Manufacturing Competitiveness • It IS possible to be competitive at US wage level. • Modern manufacturing focuses on automation and elimination of waste. • It is more important to be in the market than where the people are paid the least. • The key is using the right amount of people doing the right level of tasks. • People must be trained for higher level technical skills than traditional manufacturing impressions. People Development Is Key Public / private partnerships are the way to go! Siemens Two-Pronged Approach Professionals Technicians EPIC Center Key Points • Manufacturing is key to future competitiveness • We have already proven we can compete • Availability of people with the right skills will pace growth How might we impact MORE students and businesses? MeckTech Advisor Program Goals of the program are to: • Increase awareness of post-secondary educational opportunities. available at CPCC and increase their enrollment. • Increase high school and post-secondary graduation rates. • Increase business partnerships that will support Vance High School and Martin Middle School students. • Provide more workplace-learning opportunities. • Increase internships. • Increase paid and unpaid apprenticeships.