If there is one good thing that came out of the Great Recession, it is that people began to wake up to the idea that manufacturing was important to U.S. survival, and more companies began bringing manufacturing jobs back to the states. The problem is, now we have to fill those jobs.
With jobs being difficult to find during those years, citizens in need of work began to look at manufacturing as an opportunity, rather than a temporary backup plan.
In fact, in an annual survey of Americans by Deloitte Consulting LLP and the Manufacturing Institute, conducted from 2009-2014, U.S. citizens selected manufacturing first every year when asked to rank industries in which they would most prefer to create a thousand new jobs.
“Reshoring, declining energy costs and the fact that baby boomers are retiring, U.S. manufacturing is rebounding. And that will drive nearly 3.5 million new jobs over the next decade.”
In additional research conducted with the World Economic Forum, and separately with the U.S. Council on Competitiveness, Deloitte found that a company’s ability to foster talent-driven innovation contributed most to manufacturing competitiveness.
Thanks to reshoring, declining energy costs and the fact that baby boomers are retiring, U.S. manufacturing is rebounding. And that will drive nearly 3.5 million new jobs over the next decade.
Here are some tips on how to fill that gap:
- Look for hyper-skilled workers with creativity, problem-solving skills, and critical thinking skills.
- Work with K12 schools and colleges in your market to get students up to speed in math at an early age.
- Invest in continuous training of both your new and existing employees to handle advanced technologies, and learn to function in a collaborative team environment.
- Have a long-term career strategy for all employees and brand your company as a place at which to build a successful career.
- Ensure that your pay is highly competitive.
- Locate new facilities, or move your facilities to markets that have or are close to educational communities.
The skills gap is going to get much worse before it gets better, but that doesn’t have to affect your firm. Following these steps, you can leapfrog your competition and close your talent gap.