Are We Ready for the Future!? ACC Office of Institutional Effectiveness & Accountability Strategic Planning Retreat October 23, 2015 Spread the Blueprint Message! Twitter.com/E3Alliance Facebook.com/E3Alliance © 2015 E3 Alliance Melissa Hurst Terri Sabella, RN, JD Fred Schmidt Director of Communications & Strategy Rifeline Chief Operating Officer & Chief Nursing Officer CommunityCare Partner Capital Factory @mghurst @CommUnityCareTX Julie Shannan Deputy Director Girlstart @JulieShannan @Girlstart @WildBorys Khotan ShahbaziHarmon Director of Communications & Community Accountability E3 Alliance @E3Alliance 2 © 2015 E3 Alliance Overview 1. What are the current trends in yours sector? 2. Which ones should ACC keep an eye on? 3. What do these trends mean for the future of our region? 4. What are the needs in your sector? 5. How can ACC prepare students to meet the challenges and needs you identify in our panel? 3 © 2015 E3 Alliance Median Income Increases Dramatically with Higher Levels of Education Median Income by Educational Attainment Adults Age 25+, Central Texas, 2011 $70,000 $64,715 Median Income $60,000 $50,000 $50,361 $40,000 $34,953 $30,000 * $20,000 $19,657 $27,676 $10,000 $0 Less Than High School High School Some College Graduate or Associate's Degree Sources: American Community Survey, 2011, 5-Year Estimates U.S. Department of Health and Human Services * 2014 Federal Poverty Line for a family of 4 ($23,850) Bachelor's Degree Graduate or Professional Degree © E3 Alliance, 2014 4 Income and Employment Factors Increase Dramatically With College Experience Income below poverty level Median Income Workers age 30+ Age 25+ where poverty status determined Age 25+ with earnings Less than a High School Graduate 75% 30% High school Graduate 60% Some College or Associate's degree Bachelor's degree or higher Educational Attainment Earn $19/hr or less Not in Unemployed labor force Age 25-64 Age 25-64 $19,408 8% 30% 13% $27,177 6% 22% 48% 8% $34,994 6% 17% 29% 4% $50,744* 4% 13% * Median for individuals with Bachelor’s; median for individuals with graduate or professional degree is $64,501. Note: All values relative to Austin/Round Rock Metropolitan Statistical Area (MSA). Source: US Census Bureau, American Community Survey, 2012, On The Map (http://onthemap.ces.census.gov/) 5 © 2015 E3 Alliance Gaps in Higher Education Outcome Rates by Highest Math Outcomes of Students in HS for 4 Years, Texas 2004 First Time 9th Grade Cohort % of Students in High School for 4 Years 99% 100% 99% 80% 89% 79% 74% 77% 63% 66% 60% 56% Highest Math in High School 20% 37% 47% 40% Advanced Placement PreCalculus Algebra II 39% 21% 22% 8% 0% High School Graduation Higher Ed Enrollment 2nd Year Higher 6 Yr Higher Ed STEM/IT Degree Ed Persistence Completion Completion © 2015 E3 Alliance 6 STEM/ © 2015 E3 Alliance 7 Entrepreneurship/Tech © 2015 E3 Alliance 13 Key ATX Tech Startup Sectors • • • • • • • • • • Big Data Data storage Digital Media Social eCommerce Enterprise software Clean energy Telecom Biotech/Pharma Health IT Source: Austin Technology Council • • • • • • • • • • UX / Design service Diagnostics Gaming / creative Hardware Medical devices Mobile apps IT services Semiconductors Edtech / training Wireless Current Trends – Tech Startups • ATX very SaaS based… scales well, lower dev $ – Other regions more diversified: IoT, 3D, VR, AI, etc • SaaS = lean clean tech that is instantly global – Fastest adoption & traction may not be here • International is BIG forward opportunity – ATX #11 U.S. city; on global map now • Lots of startups continue to relocate here • 26% ATX jobs are tech; 9,000 new by 2017 • Also: food & bev, fashion, maker, robotics How Trends Will Affect ATX Future + + + + - Austin will grow even faster than big TX growth Plenty of jobs - across many sectors; service too The new Innovation Zone: is ACC ready for it? Likely improved multiculturalism of region An increasing digital divide Continued pressures on housing, COL, infrastructure, transportation, quality of life - Combating negative Texas perceptions globally Be careful what we wish for! Tech Startup Needs • #1 by far: workforce development…ACC is key! – More & better trained workers with right skills • Degrees less necessary than what you can really do • Tip: continually analyze Indeed job descriptions! – Continued relevance = passion for lifelong learning • More capital, especially growth stage • More creative & affordable work spaces – Especially closest to City core; Eastside spread • Survival & success of our creative sector How ACC Can Give Us The Employees We Need • Jobs – Clicks: celebrate STEAM; coders, UX designers, artists – Bricks: the support industries of a vibrant community • Training – ACCelerator is a model facility: keep it innovating! – Highland Campus: massive opportunity as a nimble Center of Innovation Learning – Critical thinking, independent working, curiosity – Apprenticeships, internships, international exposure • Gaps – Apply market needs to training in months, not years – Your best source of G2: recruitment ads Your Competition Looks Like This Health Care © 2015 E3 Alliance 20 Growth Potential • Transformation of Care Delivery Models - Opportunity for team members to function at a higher level than ever before • Triple Aim – Focus on Value Based Care • Population Management – High touch care less reliant upon physicians © 2015 E3 Alliance 21 Workforce Needs Medical Patient Service Representative Medical Admitting Clerk Medical Assistant Nurse Case Manager Social Workers Dental Dental Assistant Dental Hygienist Behavioral Behavioral Health Counselors © 2015 E3 Alliance 22 Workforce Needs Support Services Community Health Workers Pharmacy Dieticians Laboratory / Phlebotomy Radiology / Technicians Project/Program Manager Billing/Coding © 2015 E3 Alliance 23 What Values are Needed Education Compassion Diversity Creativity © 2015 E3 Alliance 24 Transportation © 2015 E3 Alliance 25 Current Trends in Transportation • Making the most of limited dollars and right of way Innovation and technology Multi-Modalism (bus transit, rail, bike/ped) Multi agency partnerships and collaboration • Connecting land use to transportation • Identifying new revenue sources 26 © 2015 E3 Alliance Jobs, Training, Current Gaps • Engineers, Planners, Environmental Scientists, Inspectors, Communications, Financial, Legal, Information Technology - we need them all Well rounded and up to date on the latest innovations from a national perspective Familiar with different types of financing contracting and project management 27 © 2015 E3 Alliance Key Takeaways: Are We Ready for the Future! © 2015 E3 Alliance 28 Thank you! www.e3alliance.org © 2015 E3 Alliance