Talent Pipeline Management
Increasing the availability and preparedness of the Nashville regional workforce includes employers playing a critical leadership role as the “customers” of our education and training systems.
The Nashville Area Chamber of Commerce facilitates the U.S. Chamber of Commerce Foundation’s Talent Pipeline Management (TPM) model, a demand-driven, employer-led approach to aligning talent supply chains with business needs, through Talent Solutions Councils by industry. Each Council is comprised of human resource decision-makers from regional employers.
The TPM model is comprised of six strategies that, when implemented in sequence, create an effective talent supply chain. Each strategy is designed to build on the next and support employers in developing a more data- and performance-driven approach to improving education and workforce partnerships.
Learn more about the Nashville Area Chamber’s industry Talent Solutions Council.
Strategy 1: Organize Employer Collaboratives
Create a collaborative that organizes employers to identify the most promising opportunities for engagement around similar workforce needs.
Strategy 2: Engage In Demand Planning
Develop projections for job openings to determine with accuracy the type of talent and how much of it employers need.
Strategy 3: Communicate Competency & Credential Requirements
Create a shared language to better communicate competency, credentialing, and other hiring requirements of critical jobs in ways that allow employers to signal similarities and differences with education and job training providers.
Strategy 4: Analyze Talent Flows
Identify where employers historically source their most qualified talent and analyze the capacity of those sources—as well as untapped talent sources—to meet projected demand.
Strategy 5: Build Talent Supply Chains
Build and manage the performance of talent supply chains to create a positive return on investment for all partners.
Strategy 6: Continuous Improvement
Use data from your talent supply chain to identify the most promising improvement opportunities to generate a better return on investment in the future.