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Focusing on Inclusion in STEM Leadership Roles

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Speaker: Nereida (Neddy) Perez Vice President and Chief Diversity Officer Ingersoll Rand Moderator: Ladan Nikravan Senior Editor Diversity Executive magazine

Focusing on Inclusion in STEM Leadership Roles

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Ladan Nikravan Senior Editor Diversity Executive magazine

Focusing on Inclusion in STEM Leadership Roles

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Nereida (Neddy) Perez Vice President and Chief Diversity Officer Ingersoll Rand

Focusing on Inclusion in STEM Leadership Roles

Leveraging Diversity Strategies to Address STEM Talent Gap

Nereida (Neddy) Perez, Chief Diversity Officer Talent & Organizational Capabilities

Ingersoll Rand Neddy.perez@irco.com

Agenda • STEM Gap : Separating Fact from Fiction • Template for Creating an Action Plan • Examples of Best Practices • Information Resources

STEM Gap: Fact or Fiction A Reality Check

Facts About STEM

• U.S. Bureau of Labor Statistics estimates that at least 8.7 million STEM jobs will exist in 2018

• STEM = Science, Technology, Engineering, Math

• P= Production

Facts About STEM • Scientists, Engineers and other technical

fields accounts for 4% of the workforce but generates 96% of the jobs

• Only 42% of employers believe new graduates in the workforce are adequately prepared by their colleges for jobs

• 60% of fourth graders and eighth graders are not proficient in Math; 18 % for fourth grader and 28% of eighth graders failed basic math competency on school achievement tests

Source: edudemic.com and STEMConnector.org

Facts on STEM • High School dropout rates • Capabilities of college students • U.S. STEM graduates

increasing but engineering graduates still low

• Countries like China and India graduating more engineers

Template for Creating an Action Plan

Creating a Plan • Need to look at your business

strategy – Geographic Location – Which Business Divisions/

Product Lines • Look at Talent Needs &

Patterns – Job Types (ME, EE, IT) – Spread of Roles (early entry,

midcareer) – Look at sources used to recruit – Review historical data for

minimum 3 years; assess patterns

Creating a Plan Ea

rly T

alen

t Apprenticeship Don’t go to top tier Schools- look local Offer Co-Op programs Offer Scholarships Partner with local school Offer Rotational opportunities

Mid

-Car

eer Professional

Associations Open House Opportunities Leverage Employee Resource Groups Offer Recertification

Expe

rienc

ed

Offer career rotations Leverage to mentor early talent Seek out Military Candidates

Creating a Strategy

• Create a holistic plan; ensure there is cross collaboration within company – Recruiting/Talent – Community Relations – Diversity Function – Foundation – Largest Business

Creating a Strategy • Engage business unit leaders • Frontline employees • Millennials, Gen Z • Community Leaders • Educational Leaders • Students

Measure Impact • Establish Metrics based on what your business

needs are: • Business Impact:

– # of Hires – # of Interns – Impact of new ideas generated from

investment – $ generated or saved as a result of investment

• Future Work Force: – Number of students impacted by program (i.e

Scholarships) – Number of students enrolled in apprenticeships – Number of students enrolled in college – Number of people touched by community project

• Community & Media: – # of participants at events – # of people reached or impacted in the

community – Media impressions

Best Practices On Closing the Talent & Education Gap

Ingersoll Rand Initiatives • Diversity and Talent

Acquisition/Recruiting partnership: – Identified greatest needs:

engineering, finance, supply chain, sales

– Aligned Employee Resource Groups, Recruiters and Professional Associations

• Leverage Employee Resource Groups • Need for Retention resulted in Women’s

Leadership Program – Now partnering with Manufacturing Institute

• Center for Energy Efficiency Services • Ingersoll Rand Foundation

Shell Digital Divide Initiative • Address Future Workforce Needs :

– $250K Project designed to close the gap on accessibility to technology

– Donations made to one school district (K-12)

– Provided internships to grades 11 -12+ college Co-op

– Positive impact on community – Expanded donations globally to

60+ countries – Aligned to sustainability efforts

• Partnered with Center for Houston’s Future

• Partnered with Houston Technology Center to support creation of new Tech Businesses

Impact on : Environment Community

Business

Identify School s

10K computers

ADM Multinational producer of food ingredients, animal feeds and feed ingredients, biofuels and other products that manufacturers around the world use to provide wholesome food and a better life to millions of people around the globe.

• ADM Agricultural Innovation Center (Purdue University)

• ADM Center for Agricultural Development at the College of Agriculture, Food and Natural Resources

• Commodity Trading Room • Grain Science Department at

Kansas State University

Ernst & Young • Ernst & Young is a global leader in

assurance, tax, transaction, advisory services and strategic growth markets. It aims to have a positive impact on businesses and markets, as well as on society as a whole.

• Types of Programs: – K-12 – After-school programs – Internships – Funding/in-kind resources – Scholarships – STEM Jobs/Career (Planning) – General - Math

Resources/Sources

Resources/Sources Thousands of resources and experts

• Conferences & Events • US News & World Reports STEM Conference • Great Minds in STEM • National Science Teacher Association

• Metrics & Special Reports • State Technology Reports • Innovate+Educate (I+E)

• Professional Associations • National Society of Black Engineers • Society of Hispanic Professional Engineers • Women in Technology Information • Society of Women Engineers • Million Women Mentors

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