accelerating innovation: the power of the crowd. rationale 2005: austin chamber assesses talent...

Accelerating Innovation: The Power of the Crowd

http://www.austinchamber.com/creativeoverview

Rationale Rationale

• 2005: Austin Chamber assesses talent requirements for projected Central Texas jobs and finds projected shortage of home-grown, college completers.

• 2006: Chamber organizes: Matriculation Task Force to draw leadership attention. Lobby effort to hire campus-based college enrollment

mgrs.Progress Report Task Force to encourage supts to set

out-year direct college enrollment, college/career readiness, high school grad rates targets

State of Education to draw attention to high performers.

• 2007: Chamber initiates CREST Team to: Create data management tools Professionally network/support leaders “in the

trenches”www.austinchamber.com

Service Region 15 School Service Region 15 School Districts & 5 CountiesDistricts & 5 Counties

• 93% of Austin MSA Students

• 16,000 High School Seniors

• 12 districts in Student Futures Project

• 11 districts in Education Progress Report

• 15 districts in Financial Aid Saturdays

• 100+Business Partners

www.austinchamber.com


Nonfarm payroll jobs

Oct. 2013

Dec. 2003-Oct. 2013

RankDifference Percent Change

Austin MSA 858,700 199,600 30.3% 1Houston MSA 2,812,500 525,000 23.0 2Fort Worth MDiv 938,600 148,200 18.8 3San Antonio MSA 894,400 137,000 18.1 4Salt Lake City MSA 663,000 95,200 16.8 5Dallas MDiv 2,209,800 314,500 16.6 6Nashville MSA 822,100 111,900 15.8 7Charlotte MSA 892,900 121,400 15.7 8Orlando MSA 1,079,400 135,800 14.4 9Oklahoma City MSA 615,600 69,900 12.8 10

Source: Bureau of Labor Statistics.

Fastest Growing Job MarketsFastest Growing Job MarketsAmong Top 50 Metro AreasAmong Top 50 Metro Areas

2004-20132004-2013——Opportunity Austin EraOpportunity Austin Era


-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Quarters Since National Peak

Austin, TX

United States

Resilient housing market provides foundation for sustained recovery.– United States: median sales price declined 17.6 percent during the recession period

and has since fallen an additional 2.1 percent.– Austin: During the recession the median sales price increased by .8 percent and

since the end of the recession, the median price has increased 1.3 percent. – Implications: affordability issues in the City of Austin; increasing rents; pressure to

develop in low density patterns

CHANGE IN MEDIAN HOUSING PRICES SINCE NATIONAL PEAK PRIOR TO RECESSION, Q1 2007 – Q3 2011

Source: National Association of Realtors via Moody’s

Diversify Economy to Survive Downturns

Central Texas FlatCentral Texas FlatTX, US Direct College Enrollment Rate TX, US Direct College Enrollment Rate DownDown


Source: University of Texas at Austin, Ray Marshall Center, Student Futures Survey and Enrollment Results 2006-2012. Accessible at: http://centexstudentfutures.org/.

17 Campuses Exceed Regional 84% 17 Campuses Exceed Regional 84% ApTx Filing Rate ApTx Filing Rate


Source: Compiled by Austin Chamber from Texas Higher Education Coordinating Board, ApplyTexas Filings Report, May 2012.

Regional College/Career Ready Rate Regional College/Career Ready Rate Improves 36 percentImproves 36 percent


Source: Weighted regional average calculated from Texas Education Agency, Academic Excellence Indicator System & Texas Academic Performance Report, Campus/District Reports 2007-2013. Reports are accessible at: http://ritter.tea.state.tx.us/perfreport/aeis/2012/index.html

Q1 Central Texas College Financial Aid Q1 Central Texas College Financial Aid Filings Up 99% 2013Filings Up 99% 2013


Source: U.S. Department of Education, Central Texas First-time FAFSA filings by Zip Code, 2005-2013.

Financial Aid Filings by Financial Aid Filings by CampusCampus


Source: U.S. Department of Education, First-time FAFSA Applications by high school campus 2013-2014. March-May Reports, Accessible at Federal Student Aid Application Volume Reports Page: http://studentaid.ed.gov/about/data-center/student/application-volume..

37,000+ Unfilled Central Texas 37,000+ Unfilled Central Texas Jobs Jobs (10/14 – 11/13/2013) (10/14 – 11/13/2013)


Source: The Conference Board Help Wanted OnLine ®

Most High-Demand Job Openings Most High-Demand Job Openings Require Post-Secondary Completion Require Post-Secondary Completion



Higher Paying Occupations Harder to Higher Paying Occupations Harder to Hire Hire



Way Out is Increasing Post-Secondary Way Out is Increasing Post-Secondary Enrollment/CompletionEnrollment/Completion



40th in Real Per Cap Income

21st in Real Per Cap Income

growth

Plan to support 70% direct-to-college Plan to support 70% direct-to-college enrollment rate for Class of 2015enrollment rate for Class of 2015


• Chamber: Advocate continued/strengthened regional ISD staff infrastructure Advocate/report/celebrate superintendent/Trustee target-setting Provide counselor portal. Advocate timelier, more accurate data tools Provide senior & junior exit survey, graduate tracking, statistical analysis

Improves financial aid peer-to-peer marketing/competitive components Advocate Summer Melt scaling for Summer 2014

• Superintendents, Central Admin, Principals: Make improved direct college enrollment and college/career readiness a “top

three” leadership issue. Est key targets in performance evaluations. Default incoming 9th graders on Distinguished plan. Task campus leadership with implementation of top SFP interventions. Evaluate today’s juniors on college/career readiness. Improve execution of ApplyTexas, FAFSA, college/career ready intervention

accelerating innovation: the power of the crowd. rationale 2005: austin chamber assesses talent...

Documents

austin chamber

city of austin

crowd slide

opportunity austin era

texas education agency

university of texas

projected central texas

education progress report