When Does It Need to Happen?
We are in a new economy that competes on talent, yet the talent financing and development systems we rely on were built for a different era and economy. The global pandemic has introduced new urgency and risks that require bold thinking and transformational change. In this dynamic economy, skills and job opportunities are constantly changing and new skills and opportunities are emerging. Amid this change, employers, workers, and government face growing risks in achieving a return on investment in skill development and managing short- and long-term risks associated with employment and income. We need a talent finance approach fit for our time, and it is nothing less than an imperative if the United States is to meet the moment and grow its economy, maintain its global competitiveness, and close the opportunity and equity gaps.
We now need to change the incentives for employers and government to work together as part of a new public-private approach to talent development that can scale promising employer, private sector, government, and service provider innovations.
This initiative seeks to do more than simply advance a new framework for organizing the talent finance ecosystem, it also seeks to forge a new consensus and to build a movement. Similar to other Chamber Foundation-led initiatives, this effort will build a broad-based network of public and private partners and stakeholders to explore the paper’s recommendations and, more importantly, take action.
We implore you to be part of the change we need, so that together we can promote economic advancement for workers, learners, and employers, while also closing the opportunity gap. If you or members of your network are interested in joining the movement, contact Jason A. Tyszko, Vice President, U.S. Chamber of Commerce Foundation, at firstname.lastname@example.org
Talent Finance Phase 2 Objectives
Become part of the core team to build a movement! Watch and share our Forum series to continue the conversation about talent finance and innovation.
There is more to come! Be on the lookout for opportunities to participate in interactive events.
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