- Creating jobs and businesses around critical regional skills shortages and middle skill jobs- Due to a regional shortage of middle-skill workers, there is a regional surplus of middle-skills jobs and employers are hiring people from outside the region or moving to other regions. Middle skills jobs are jobs that require more than a high school education and less than college. These jobs are in every industry and many job categories and include nurses, auto repair technicians, construction workers, chefs, etc. According to the Urban Institute, "Contrary to recent assertions that demand for middle-skill jobs will shrink dramatically (creating an "hourglass" or "dumbbell" labor market), we find that demand for such jobs will remain quite robust. The growth in supply of workers with these skills will also likely shrink as baby boomers retire and are replaced by immigrants. Thus, education and training programs that help less-educated workers gain these skills remain a worthwhile investment. (http://www.urban.org/url.cfm?ID=411633) These include 3,655 installation, maintenance and repair job openings in the Chicago region according to the Illinois Department of Employment Security. Recently, I worked with Ford Motor Company, Chrysler, the City of Chicago, City Colleges and a faith-based organization to train at-risk youth, exoffenders and working poor to address a regional shortage of 700 auto technicians. This 10 year-old program worked great until the recession dried up funding from the employers and government agencies. Employers stopped being willing to hire people with certified skills but who also had a criminal background. This has created a new entrepreneurial opportunity for people like me and groups like the faith-based organization, I consulted with. Rather than trying to get employers direct hire we could set up social enterprises to contract with employers and go after other business opportunities. One example is inner city residents, the area where the violence is centered, spend over $270 million annually for auto repairs. Residents take over $100 million outside these communities. If we captured 10% of the inner city auto repair market ($27 million) we could create 270-300 good jobs. Additional jobs would be created by subcontracting with other companies; and by placements with these companies as our workers gain experience and the employers become more comfortable with hiring exoffenders and inner city workers. There are similar entrepreneurial opportunities in our key regional industries health care, manufacturing, distribution, even finance. JP Morgan Chase set up a check clearing business in Milwaukee, that is located in the inner city.
- Create jobs around new opportunities and industries: I've talked to Stephen Wilkins and Charles Davis, in CPS' Sports Department about creating a Coaches University to take advantage of the push to reduce obesity which is driving demand for coaches, physical trainers, etc. They told me CPS can't find enough coaches. Another opportunity I am looking at is African-American and Latino youth's use of mobile devices and texting, more than any other demographic. Somebody has to sell, support and create advertising for this new digital media which is exploding. Oprah just announced she is expanding her work, in this area; Barack Obama, was named the 2008 Mobile Marketer of the Year because of how his campaign effectively used this medium; Groupon.com a local startup was recently valued at being worth over $1 billion. Inner city youth need to be exposed and encouraged to create positive opportunities like these.
- Working with the franchisers and others, interested in creating new markets and owners: I've worked with the CDOne Cleaners and Meineke Car Car franchises, the International Franchise Association, and a venture capital firm on this idea, until the recession diverted everyone's attention.
BAC Partners/AdvaText.com
312 985-7715
2704 N. Sawyer, Suite 313
Chicago, Illinois 60647-1220
email:brianlbanks@gmail.com
websites:advantext.com and http://brianlbanks.webs.com/
blog:http://businessandcommunitypartners.blogspot.com/
LinkedIn: http://www.linkedin.com/pub/brian-banks/1/131/8b3
http://twitter.com/blbanks
skype: big.daddybees
BAC Partners (BACP) is a consultancy that provides research-based strategy, grants writing and development, and technical assistance to community-based and faith-based organizations interested in education, economic development and jobs creation. BACP helps these organizations develop collaborative partnerships with universities, government, business and philanthropic organizations.
AdvaTEXT.com helps businesses and other clients generate more business and save money by using mobile marketing. Clients include Blockbuster, Pizza Hut and Jackson Hewitt; and our partners include iLoop Mobile who developed 2008 Obama Campaign's mobile website. We help customers achieve their goals by working with the smartest tools and smartest people.
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