Indiana, and other states in the U.S., have an interesting dilemma: Jobs are opening up faster than workers can fill. According to a recent survey conducted by the Indiana Chamber of Commerce, nearly 50 percent of employers said they have had to leave jobs open because of the lack qualified employees. So how does this impact our state, and what does this mean for the future of jobs? Kevin Brinegar, President, and CEO of the Indiana Chamber of Commerce explains what it all means for our future.
Show Notes: 0:10 Shane Simmons and Luke Cooley open the twenty-fourth episode of The ROI Podcast presented by the Kelley School of Business on the IUPUI Campus. 1:18 Indiana and other U.S. companies are struggling with a labor shortage. 1:44 Indiana Chamber of Commerce President and CEO Kevin Brinegar says companies need to start building and expanding their talent pipelines now. 3:03 Tennessee has dedicated dollars from the lottery that they use for workforce training to prevent such talent shortages from intensifying. 3:58 The labor shortage issue is more serious in Indiana because it's such a manufacturing state. 4:44 We are beginning to see more machines and more automation which could totally replace all middle and lower-skilled jobs. 6:55 Workers must continually invest in themselves and improve so they can't be replaced by a machine. 7:49 Kevin says if you are not planning and preparing for the continued labor shortage you could be leaving customer and business opportunities on the table. 9:20 Shane and Luke close this episode of The ROI Podcast.
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Do you have a question? Looking to get help on a business decision? Know a great guest for our show? Email roipod@iupui.edu so we can help your organization make better business decisions.
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REWIND: How do you drive superior results by serving others? | Ep. 222
REWIND: Part 2 - How are brilliand careers made and unmade | Ep. 221
REWIND: Part 1 - How are brilliant careers made and unmade | Ep. 220
REWIND: How to successfully scale your business | Ep. 219
REWIND: Part 2 - How to break the habits holding you back from your next promotion | Ep. 218
REWIND: Part 1 - How to break the habits holding you back from your next promotion | Ep. 217
Part 3: Leading for and having personal joy | Ep. 216
Part 2: Dealing with the daily drama | Ep. 215
Part 1: Taking charge with care | Ep. 214
Building authentic relationships that lead to incredible opportunities | Ep. 213
Are we on the path to a recession? | Ep. 212
REWIND: So you finally started your company, now what? | Ep. 211
How this algorithm predicted the downfall of Enron | Ep. 210
REWIND: How to find an emotionally rewarding career | 209
How comfort will ruin your life | Ep. 208
How to fund your million dollar idea | Ep. 207
Why saying yes to opportunities matter | Ep. 206
How to successfully lead a diverse team | Ep. 205
How to prepare for working abroad | Ep. 204
Part Two: How to see humans more than just resources in an organization | Ep. 203
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