Lab's Work for Omaha Workforce Collaborative Recognized
January 29, 2010 - The Omaha Workforce Collaborative, led by the Greater Omaha Chamber of Commerce, was recently awarded First Place in the Workforce Development category during the 2009 Mid-America Competitiveness Conference in Chicago. The Mid-America Economic Development Council sponsors the annual awards to recognize and stimulate the creative use of quality marketing by economic development organizations.
Bellevue University's Human Capital Lab,SM and its strategic ally, Capital Analytics, Inc., are retained by the Omaha Workforce Collaborative to measure the economic impact of its workforce development learning programs. The Lab assisted the Chamber in collecting evidence and data to build a more effective workforce development system that benefits low skilled, unemployed workers, and employers with workforce needs.
To-date, the program has assisted both applicants and employees who were identified as low skilled and/or unemployed:
About Bellevue University's Human Capital LabSM
Bellevue University's Human Capital Lab is a think tank comprised of academic and business leaders devoted to measuring the impact of learning and development investments. The mission of the Human Capital Lab is to develop innovative and valuable approaches to unlocking the long-term potential of human capital investments. The Lab currently works with Fortune 500® companies to evaluate the productivity of learning interventions.
The Human Capital Lab is an entity developed and supported by Bellevue University, a regionally accredited university. A leader in adult learning nationwide, Bellevue University offers learning opportunities for human capital and learning professionals who are intent on leading this industry into the next century, including a Master of Business Administration with a concentration in Human Capital Management and a Ph.D. In Human Capital Management. For more information, visit www.HumanCapitalLab.org or call 877-234-8720.
About Capital Analytics, Inc.
Capital Analytics, Inc. is a leading consultancy that enables organizations to measure and optimize the impact of their human capital investments. By applying business expertise and advanced analytics to previously "unmeasurable" initiatives - including training, leadership development, social networking, workforce planning, and employee engagement - Capital Analytics enables companies to predict outcomes and make decisions with confidence. Capital Analytics is an affiliate of Bellevue University's Human Capital Lab, providing important research and learning for Lab partners, University graduate students, and measurement support for Bellevue University's corporate learning partners. Learn more at www.capanalytics.com.
About The Greater Omaha Chamber of Commerce
The mission of the Greater Omaha Chamber is to increase business, investment, and employment in the Greater Omaha area. For more information, visit www.OmahaChamber.org.
About The National Fund for Workforce Solutions
The National Fund for Workforce Solutions seeks to improve employment, training, and labor market outcomes for low-income individuals. The Fund's support will improve both the quality of jobs and the capacity of workers by promoting change at three levels - individual, institution, and system. The result will be better jobs, better workers, and a better workforce development system. For more information, visit www.nfwsolutions.org.
Bellevue University's Human Capital Lab,SM and its strategic ally, Capital Analytics, Inc., are retained by the Omaha Workforce Collaborative to measure the economic impact of its workforce development learning programs. The Lab assisted the Chamber in collecting evidence and data to build a more effective workforce development system that benefits low skilled, unemployed workers, and employers with workforce needs.
To-date, the program has assisted both applicants and employees who were identified as low skilled and/or unemployed:
- 65% of applicants are women
- The Welding program has attracted 93% men and 7% women
- 70% of applicants are non-white
- Applicant age ranges from younger than 20 to older than 70 years of age; the majority are 20 to 40 years old
- 46% of the employees hired were receiving public assistance when they entered the program
- The retention of employees who are no longer receiving public assistance since entering the program is 1.6 times greater than those who did not receive public assistance at the time of their hire
- Employees in the program are earning an average of 210% more than they were in their previous jobs
About Bellevue University's Human Capital LabSM
Bellevue University's Human Capital Lab is a think tank comprised of academic and business leaders devoted to measuring the impact of learning and development investments. The mission of the Human Capital Lab is to develop innovative and valuable approaches to unlocking the long-term potential of human capital investments. The Lab currently works with Fortune 500® companies to evaluate the productivity of learning interventions.
The Human Capital Lab is an entity developed and supported by Bellevue University, a regionally accredited university. A leader in adult learning nationwide, Bellevue University offers learning opportunities for human capital and learning professionals who are intent on leading this industry into the next century, including a Master of Business Administration with a concentration in Human Capital Management and a Ph.D. In Human Capital Management. For more information, visit www.HumanCapitalLab.org or call 877-234-8720.
About Capital Analytics, Inc.
Capital Analytics, Inc. is a leading consultancy that enables organizations to measure and optimize the impact of their human capital investments. By applying business expertise and advanced analytics to previously "unmeasurable" initiatives - including training, leadership development, social networking, workforce planning, and employee engagement - Capital Analytics enables companies to predict outcomes and make decisions with confidence. Capital Analytics is an affiliate of Bellevue University's Human Capital Lab, providing important research and learning for Lab partners, University graduate students, and measurement support for Bellevue University's corporate learning partners. Learn more at www.capanalytics.com.
About The Greater Omaha Chamber of Commerce
The mission of the Greater Omaha Chamber is to increase business, investment, and employment in the Greater Omaha area. For more information, visit www.OmahaChamber.org.
About The National Fund for Workforce Solutions
The National Fund for Workforce Solutions seeks to improve employment, training, and labor market outcomes for low-income individuals. The Fund's support will improve both the quality of jobs and the capacity of workers by promoting change at three levels - individual, institution, and system. The result will be better jobs, better workers, and a better workforce development system. For more information, visit www.nfwsolutions.org.