Tooling U-SME Blog

Tooling U-SME's blog focuses on best practices, tools and tips for workforce training and development.

This blog is the second of two related to issues raised in the 2019 Tooling U-SME report, “The True Cost of Turnover: Hidden Costs Go Beyond Financial to Impact Productivity and Culture.”
Today’s blog is the first of two related issues raised in the 2019 Tooling U-SME report, “The True Cost of Turnover: Hidden Costs Go Beyond Financial to Impact Productivity and Culture.”
According to the American Welding Society (AWS), the welding industry will face a shortage of 450,000 operators by 2020, and that figure could increase if the industries impacted by this sector don’t act now and address the lack of skilled professionals in this field. Luckily, manufacturing stakeholders across the country have been working together to help stop this occurrence. We hear more and more about industry collaborating with academia, government, and associations to train the workforce properly.
Today we welcome Craig McAtee, Executive Director of the National Coalition of Advanced Technology Centers (NCATC), to provide insights on how business and industry leadership teams (BILT’s) can play a crucial role in filling the manufacturing skills gap
Manufacturers are focused on the digital transformation that has already begun in the industry. In fact, nearly half (47%) plan to invest in digital technology solutions in the next 24 months, according to SME’s Manufacturing in the New Industry 4.0 Era Survey.

Data is at the core of the new technology, which includes assisted devices for automation, robotics, 3D printing, cobots, augmented reality, and more.
The question we will discuss today is: Are you doing competency modeling right? But maybe the first question should be: Are you doing competency modeling at all? You should be if you want to align your business needs with your workforce, eliminate skill gaps and drive talent development.