MMT Chats: The Why & How of Developing a Talent Strategy

Chief Workforce Development Officer of the Society of Manufacturing Engineers and owner of Human Asset Management talk about workforce readiness, the state of the manufacturing workforce and steps for building a talent strategy.

Christina Fuges

Editorial Director, MoldMaking Technology

^{This episode is brought to you by ISCAR with New Ideas for Machining Intelligently.}

“It's a lack of readiness that is holding manufacturing back,” says Marion Wells, Founder of Human Asset Management and MMT EAB member. Here she joins Jeannine Kunz, Chief Workforce Development Officer of Society of Manufacturing Engineers and Christina Fuges of MoldMaking Technology to discuss how to develop a talent strategy.

The North American manufacturing industry is poised to have a decrease in the number of qualified applicants for future jobs because of a lack of readiness. The problem is driven by the concurrent impact of an aging workforce, the rapid pace of new technology adoption, the results of a post-COVID learning environment where students aren't meeting national standards and a new employee social contract (what an employee wants/needs is a moving target). We are at a turning point where organizations must now plan to address their talent needs.

Marion and Jeannine share the state of the manufacturing workforce and actionable steps to develop a talent/workforce strategy.

For the full quick chat, watch above, and for more MMT Chats, click here.