WEBVTT

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>> IT'S TIME NOW TO GO INSIDE

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INNOVATION.

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WE ALL KNOW OF THE GREAT

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STRUGGLE EMPLOYERS ARE

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EXPERIENCING IN THIS TIGHT LABOR

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MARKET. TECHPOINT, INDIANA'S

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TECH ECOSYSTEM GROWTH

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INITIATIVE, SAYS IT MAY HAVE A

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SOLUTION.

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HERE TO EXPLAIN SKILLS BASED

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HIRING IS TECHPOINT'S SENIOR

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MANAGER OF CAREER PATHWAYS

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NATALIE WENZLER. WELCOME TO THE

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SHOW, NATALIE.

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>> THANK YOU SO MUCH, GERRY.

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>> THERE'S A STATISTIC HERE,

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TECHPOINT, SAYS IS VERY

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INTERESTING.

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WHO IS,.

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>> YES, THAT STATISTIC IS VERY

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DRAMATIC.

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HERE IS HOW WE GET TO THE 95%.

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NEARLY 80% OF JOB POSTINGS

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REQUIRE A DEGREE ON THAT JOB

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POSTING.

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THE REALITY IS ONLY 23% OF

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NATIVE HOOSIERS HAVE A

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BACHELOR'S DEGREE.

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WE'RE ELIMINATING TALENT BEFORE

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WEAVE WE'RE EVEN SEEING THEM.

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WE KNOW THAT HOOSIERS HAVE THE

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SKILLS.

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WHEN WE THINK OF THE OTHER

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ELEMENTS THAT TAKE PEOPLE OUT OF

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CONSIDERATION, SAYING YOU NEED A

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CERTAIN NUMBER OF YEARS OF

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EXPERIENCE OR BIASED LANGUAGE ON

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JOB POSTINGS, IT'S DECREASING

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THE TALENT POOL WE KNOW SKILLED

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WORKERS HAVE HERE IN INDIANA.

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>> WHEN YOU'RE TALKING ABOUT

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SKILLS-BASED HIRING, GIVE US THE

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DEFINITION, IF YOU WILL, OF WHAT

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THAT'S ALL ABOUT.

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>> YES.

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WE WANT TO REMOVE CREDENTIAL

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REQUIREMENTS WHENEVER POSSIBLE.

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THAT DOESN'T MEAN THAT WE'RE

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DIMINISHING THE VALUE OF A

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COLLEGE EDUCATION.

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WE KNOW IN INDIANA IN ORDER FOR

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US TO REMAIN COMPETITIVE, WE

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NEED TO INCREASE THE COLLEGE

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GRADUATION RATE.

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WE WANT TO BE MINDFUL OF THE

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MAJORITY OF JOBS JUST DO NOT

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REQUIRE A BACHELOR'S DEGREE.

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THEN WE ALSO WANT TO MAKE SURE

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THAT WE'RE BEING VERY SPECIFIC

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OF WHAT SKILLS SOMEONE NEEDS IN

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THAT ROLE.

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AND INHERENTLY, WE'RE REDUCING

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THESE BIASES IN THESE PROCESS

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BECAUSE WE'RE FOCUSED ON TRULY

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THE SUCCESS FACTORS THAT SOMEONE

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NEEDS TO BE IN THAT ROLE.

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>> YEAH, AND SKILLS-BASED HIRING

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HAS BEEN AROUND FOR A LONG TIME.

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THIS IS A NEW CONCEPT.

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OTHER STATES HAVE DONE IT.

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COLORADO IS A STATE THAT IS

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DOING IT.

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WHAT MAKES INDIANA'S APPROACH

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FAN UNIQUE?

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>> YES.

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IT'S BEEN FANTASTIC.

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FOCUSING ON SKILLS-BASED

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PRACTICES AND THEY'VE REMOVED

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CREDENTIALING IN JOB POSTINGS AS

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A COLLABORATION WITH THE INDIANA

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STATE DEPARTMENT.

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>> YOU'VE GOT A PLAYBOOK.

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>> YES.

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>> TECHPOINT HAS A PLAYBOOK WHEN

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IT COMES TO SKILLS-BASED HIRING.

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WHAT ARE SOME OF THE THINGS

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EMPLOYERS CAN LOOK AT AND KIND

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OF TAKE AWAY FROM THIS PLAYBOOK.

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>> YES, OUR PLAYBOOK HELPS TO

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SHOW WHAT ARE THE BENEFITS OF

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TAKING A SKILLS-BASED APPROACH

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AND WHAT ARE SOME EXAMPLES, AS

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WELL.

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IT SHOWS A TRADITIONAL JOB

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POSTING, AS WELL AS A

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SKILLS-BASED JOB POSTING.

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SO, TECH COMPANIES CAN SEE, WELL

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WHAT SKILLS SHOULD I BE

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CONSIDERING AND THEN HOW CAN I

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IMPROVE MY JOB POSTINGS THAT I'M

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PUTTING OUT ON THE MARKET.

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>> YEAH.

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SO, TECHPOINT OBVIOUSLY, YOU'RE

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REALLY FOCUSED ON THE TECH

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INDUSTRY.

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THIS IS PART OF A BIGGER, I

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THINK, APPROACH THAT YOU FEEL

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CAN REALLY ADD TO THE TECH

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WORKFORCE.

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YOU THINK THIS SKILLS-BASED

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HIRING CONCEPT, IF IT'S ADOPTED

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BY MORE AND MORE PEOPLE CAN

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REALLY HELP FUEL THE PIPELINE.

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>> YES, WE MUST INCLUSIVELY GROW

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OUR TECH WORKFORCE ECOSYSTEM.

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BY MAKING SURE WE'RE TAKING THE

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SKILLS-BASEED APPROACH, WE'RE

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OPENING OPPORTUNITIES FOR

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UNDERREPRESENTED GROUPS, PEOPLE

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OF COLOR AND WOMEN, SO THEY ARE

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ABLE TO BE CONSIDERED MORE IN

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THE TECH ROLES WE HAVE AVAILABLE

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HERE IN INDIANA.

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>> I KNOW LILLY, ONE AMERICA ARE

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COMPANIES THAT HAVE ALREADY

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IMPLEMENTED THIS.

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THEY CAN SERVE AS ROLE MODELS.

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>> YES.

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THEY ARE FANTASTIC EXAMPLES OF

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WHAT TAKING A SKILLS-BASED

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APPROACH CAN LOOK LIKE TO

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IMPROVE DIVERSITY, TO REDUCE

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TIME TO HIRE, AND TO MAKE SURE

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WE'RE TRULY GIVING OPPORTUNITIES

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TO ALL.

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>> YEAH, TALENTED WORKFORCE,

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CERTAINLY TOP-LEVEL CHALLENGES