Join us for our November 2021 Sioux Empire SHRM chapter meeting and HR educational opportunity! We are again offering both in-person and simultaneous virtual attendance options (Zoom link will be sent to virtual attendees by separate email shortly before the event).
A New Approach to the Labor Shortage: Presented by Steve Schad, President of Optima Advisory, LLC, St Paul, MN.
Businesses are confronting unprecedented labor shortages that only dramatic shifts in either demographic trends or immigration policies will change. Because the current generation of business leaders has only operated in a context of a surplus labor market, they are ill equipped to deal with the new labor market and over rely on price-driven strategies on wages and benefits that will force small, shallow pocketed business to sell or fail. Surviving and thriving will require businesses to innovate internally to reduce the need for permanent headcount and externally to find new sources of labor that are not fully participating in the economy. Both of these are difficult for single businesses, but when businesses shift their paradigm from competition to cooperation through a community-wide effort to address the labor shortage, new success can be realized. Success that positively impacts businesses, workers and the health and vitality of the local community and economy.
Participants at this SESHRM event will learn:
Data that demonstrates why the labor shortage will be a permanent fixture in the US economy
Why traditional efforts by individual businesses to attract and retain workers will fail in the face of this dynamic and
How a community approach to addressing labor issues on both the supply and demand side of a local economy can provide a solution that benefits employers, workers, and community and economic health
- In Person Attendees: Lunch & networking from 11:30 to 12:00
- Virtual Attendees: Zoom sign-in at 11:45
- All Attendees:
- Announcements at 11:50
- Speaker intro and presentation at 12:00 - one hour presentation
Steve Schad has been helping businesses with talent strategies that grow results and profits for more than 25 years. His firm, Optima Advisory, LLC, partners with small and mid-sized businesses to attract, retain, grow, and engage the best people so their clients can compete and win. Over his career, he has worked across industries and sectors to develop and deploy proven organization and HR best practices, both internally as an HR executive in manufacturing, and externally as an advisor and outsourced HR provider. Today, Steve partners with businesses to help them develop and deploy comprehensive human capital strategies through his team of experienced HR executives who serve as “fractional” HR leaders on the leadership teams of companies generally between $5-100 million in revenue, as well as providing other HR project and advisory support for companies of all sizes.
Monthly chapter meetings and HR educational presentations are free for members and $20 for non-members.
This event is under review for 1 hour of continuing educational credits from SHRM and HRCI (General).
Events are currently planned for a combination of virtual and in-person presentation options; presentation format will be adjusted as local COVID-19 related conditions permit.