Recent surveys of manufacturers consistently identify one of their top three priorities as workforce issues. Companies— regardless of size— recognize that a highly skilled, qualified workforce is critical to their success. Whether manufacturers are seeking to develop new products, enter new markets, or improve overall productivity, their workforce will be key to their ability to remain competitive and achieve their goals.
Companies that are successful in attracting and retaining talented people realize they must be pro-active and become part of their workforce solution.
Fewer young people are choosing manufacturing careers. They don’t know the opportunities or the educational requirements. Coupling that fact with smaller numbers of students in high school means a smaller pool of qualified candidates for employment.
To overcome that obstacle, smart manufacturers are actively engaging with educational institutions in their communities, informing students, teachers, guidance counselors and parents about the many stable and well-paying jobs they have available.
Starting with middle school age students, these manufacturers are sending young scientists, engineers, technicians and machine operators to visit local classrooms and talk with students about their work.
Students, teachers and parents are also invited to open houses to see the inside of plants and facilities they likely drive by on a daily basis, but have no idea of what is actually taking place inside. They tour the facility, are introduced to the young professionals in the company and see for themselves what takes place at that facility.
Many manufacturers are also sponsoring teams for the FIRST Robotics or Robobot competitions giving students valuable hands-on experience and also the opportunity to work as team members with engineers, technicians, and scientists to solve technical challenges.
Promising high school students can be provided shadowing opportunities that could lead to summer work-based learning experiences and possibly part-time employment during the school year. The students learn the company culture, its products, processes and customers and can contribute to the overall company goals. Many students who start out as part-time workers in high school often progress to achieve consistently higher company positions, becoming supervisors, managers, and executives.
October will once again be celebrated as Manufacturing Month in Ohio. This would be an ideal time for you to start your proactive campaign to build your workforce of the future by sponsoring an event in your local community. If you start planning now, you should be able to hold a successful community event at your facilities this October.
Article submitted by Bank of America For mid-market companies, business success and responsible growth aren’t mutually exclusive. In fact, prioritizing responsible growth is becoming increasingly important, and successful companies are making sustainability central to their growth strategies. Beyond good corporate citizenship, they are recognizing the intrinsic link between the strength of their business and that of the communities and economies in which they operate. Leading your growth with those goals in mind builds resilience and better solutions for the future. Consider the following: Responsible growth companies perform better. Companies that consider the impact of risks and opportunities on the environment, local communities and society may produce better financial results than those that don’t. Additionally, 90% of companies believe a sustainability plan is important for remaining competitive. Responsible growth companies attract investment. A 2016 study by MIT Sloan Management Review and Boston Consulting Group surveyed 3,000 executives and managers from more than 100 countries. Findings revealed that 75% of senior executives in investment firms agree that a company’s sustainability performance is materially important to their investment decisions, and nearly half would not invest in a company with a poor sustainability record. Ninety percent of executives see sustainability as important, but only
HEADLINE The survey definitively shows that product innovation leads to more growth, while “grow your own workforce” strategies will be needed to fill the major labor shortages hampering small manufacturer growth. Emerging technologies like the Internet of Things (IoT), 3D printing, and digital manufacturing are beginning to enhance innovation and productivity, but still have significant room for adoption amongst Ohio’s small manufacturing businesses. ABOUT THE SURVEY Under the direction of the Ohio Manufacturing Extension Partnership (Ohio MEP), MAGNET: The Manufacturing Advocacy and Growth Network conducted a thorough survey of Ohio’s manufacturing base. Contributing approximately 20% of Ohio’s jobs (and driving in some regions up to 50% of Ohio’s economy), and generating a disproportionate amount of export revenues and Gross Regional Product, manufacturing is critical to Ohio. Greater than 95% of Ohio’s manufacturers are small (under 500 employees), and these manufacturers need to remain competitive both nationally and internationally to ensure our economy’s health. Ohio’s Development Services Agency and the National Institute of Standards and Technology, which runs the MEP, recognizes the importance of this sector and fuels MAGNET and the Ohio MEP program to directly serve and support innovation, efficiency, and growth in small and medium manufacturers. What manufacturers need
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