WMEP & NGM Manufacturing is Vital to Wisconsin ►10,000 Manufacturing firms ►477,200 jobs (direct)* ►WI highest NFP Manufacturing Employment of any.
Dec 28, 2015
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WMEP & NGM
Manufacturing is Vital to Wisconsin► 10,000 Manufacturing firms
► 477,200 jobs (direct)*
► WI highest NFP Manufacturing Employment of any state
► 16.7% of Total Non-Farm Employment*
► $47 billion GSP (21% of state GSP)
► WI is the 2nd most manufacturing-dependent economy in the US
► 30,000 Manufacturing Jobs lost since June 2008*
*Bureau of Labor Statistics, US Dept. of Labor, November 2008
NGM Survey
Purpose:• Better define the strategies & actions
required for world-class manufacturing• More than 2500 manufacturers
responded• Coordinated the ASMC, MPI
& MEPs• Most comprehensive survey every
undertaken
States participating in survey
IT
Please retitle NGM National Survey SPring 2009
WHY NGM?
NGM Performance Gap Assessment
Methodology & Rationale
To assess performance gap in the 6 NGM Attributes against:
* Input is controlled by CEO and influenced by policy -output is not
IT
We need the slide with reverse order for #3 and 4
6 NGM Success Attributes
NGM Key Performance Indicators
Advanced Talent ManagementAdvanced Talent Management
Advanced Talent Management
Most manufacturers recognize the importance of ATM.
Advanced Talent Management
But very few are measuring their performance in ATM
IT
SHould say, "do not have"
Two thirds of manufacturers rank their progress furthest from world-class in this Success Attribute.
Advanced Talent Management
Two thirds of manufacturers devote less than 20 hours per year to employee training.
Advanced Talent Management
Two thirds of manufacturers have turnover rates that are furthest from world-class
Advanced Talent Management
Three quarters of manufacturers’ value-add per employee rates are furthest from world-class.
Advanced Talent Management
Few companies have employees dedicated to assessing and upgrading the talent pool.
Advanced Talent Management
Few companies have employees who regularly participate in empowered work teams (make decisions without supervisor
approval).
Advanced Talent Management
Engaged People/Human Capital Acquisition, Development and Retention (EHC)
NGM Awareness
Wisconsin manufacturers understand the need for world-class performance.
2015Desired
State
NGM Progress
Wisconsin manufacturers have made uneven progress in achieving world class performance
in the 6 NGM Success Attributes
2015Desired State
NGM Self-Assessment
What gets measured gets done.
2015Desired State
2015Desired State
NGM Going Forward
Wisconsin must support its manufacturers.
2015Desired State
2015Desired State
Advanced Talent Management
Gains competitive advantage through best practices in talent recruitment, development and retention.
Rate the importance of human capital acquisition, development and retention to your organization’s success over the next five years:
Advanced Talent Management
Rate your organization’s progress toward world-class human capital acquisition, development and retention:
Advanced Talent Management
How many formal training hours are devoted annually to each employee?
Advanced Talent Management
What is your value-added per employee?
Advanced Talent Management
What is your organization’s annual labor turnover rate (number of voluntary and involuntary separations/typical staffing level)?
Advanced Talent ManagementWhat best describes your measurement system for reviewing return from human-capital acquisition, development and retention?
Leadership in Transition
Leadership Demographics Suggest
Large Future Risk or Opportunity
Average Age of Chief Executive
(All Companies Surveyed)
Planned or Possible Leadership Succession in Next 5 Years
(All Companies Surveyed)
Advanced Talent Management
Advanced Talent Management
Who is at NGM Benchmark Now?
Going Forward
To what extent does your geographic region in Wisconsin have the support services, peer groups, training opportunities and resources available to support the following?
What Does It Mean for Wisconsin?
Preliminary Recommendations
1. Adoption of a Wisconsin NGM Scorecard► High-profile promotion by Governor
► Widespread use by multiple partners
► Establish ongoing NGM measurement and benchmarking capability
2. NGM policy package focused on inputs► People
► Resources
► 6 Success Attributes & Best Practices in Next Generation Manufacturing
Preliminary Recommendations
3. Leadership Initiatives► Attract and Support NGM Leadership Talent
► Target NGM Companies for Recruitment
4. Closer manufacturer-engagement by public service providers
► Customer-focused metrics
► Extended enterprise approach
Sector Strategy Benefits
1. Cross-cutting goals for multi-agency alignment
2. Framework relevant to private sector and public agencies
3. Targets high-quality jobs
4. Innovative approach
5. Likelihood of sustainability
What Will WMEP Do?
What Can WMEP Do?
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