“The worker shortage is a real serious one right now,” says Cheryl Oldham, vice president of education policy with the U.S. Chamber of Commerce.
She notes a historic number of more than 10 million job openings—a million and a half more than there are workers to fill them. Oldham says, “We’ve got to be thinking about how do we get everybody off the bench? What are barriers to employment? How do we address those?”
Among those who have dropped out of the workforce in large numbers are women. Oldham says childcare is a workforce issue that needs to be addressed and employers have a role in the solution.
The Chamber is studying, Oldham says, “What is the economic impact, both on a state economy and to the employer community, when childcare breaks down? I mean, it’s billions of dollars annually.”
“[Employers are] very interested in what can we do from a benefits perspective? It’s a retention issue. It’s a hiring issue. They want to figure out their role and how do they support their working parents.
She continues, “And for many, they want to engage in the policy discussions. Is it tax credits? Is it more subsidies? Is it government programs? Is it private sector programs? They play a major role because it is impacting their ability to grow, to take on new business. It’s a bottom line issue for them.”
The U.S. Chamber of Commerce describes itself as the “world’s largest business organization representing companies of all sizes across every sector of the economy.”
Click here to learn more about the U.S. Chamber of Commerce.
WorkingNation—a collaborating partner of the ASU+GSV Summit—sat down with Oldham in San Diego as part of our #WorkingNationOverheard social media series.
Hear from more innovators in education and tech in the public, private, and nonprofit spheres attending the ASU+GSV Summit 2021 here.
Follow the conversation on social media: #asugsvsummit #workingnationoverheard
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Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.
Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.
Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.
Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.
Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.
Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.
