MANAGING THROUGH THE TALENT CRUNCH. This was the theme of Greater MSP’s Investor Meeting held at the Hilton Minneapolis. Richard David, CEO of U.S. Bank kicked off the event by talking about the need to be bolder in order to compete. He also introduced Greater MSP’s version 2.0 initiatives to create a remarkable future for the region.
Key initiatives focused on developing strategies to both attract and retain talent and included key partnerships with the following organizations: Greater Metropolitan Workforce Council, Minnesota Food & Agriculture Leadership Initiative and Forge North. Performance measurements included building the network, supporting employers, generating leads and raising visibility.
People were identified as a critical key asset. Awareness of the talent and Minnesota advantages was noted as a concern. Attraction and retention were highlighted as key goals. The panel included key HR leaders from U.S. Bank, Medtronic and Salo. They emphasized the need to grow existing talent by reinvesting in them and developing access to opportunities.
A couple of areas I’d like to see expounded on in future meetings include regional strategies related to global competition, cluster development and strengthening middle market opportunities.
More photos of the event are in the Gallery.