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• Strategically aligns $40 million of NEW investment in higher education with emerging economic growth sectors

• Distributed competitively via defined performance measures:• 20% - Federal research expenditures• 80% - Degree production in 4- and 5-STAR jobs as indicated by the LA Workforce Commission

• Requires 20% industry match to spur private investment in colleges and universities

WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE)

PLAN

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• Examples of 4- and 5-STAR jobs:• Computer Science• Construction Crafts• Education• Engineering• Finance and Accounting• Healthcare• Industrial Production

• This DOES NOT diminish the importance of liberal arts and other degrees.

WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE)

PLAN

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• Proposed bill language:• Establishes a NEW FUND in the state treasury

• Directs state treasurer to deposit funds at beginning of each fiscal year

• Funds are IN ADDITION TO all other funds allocated to higher ed

• LA Board of Regents and management boards shall distribute the funds

• Funds will be monitored by Board of Regents, Higher Ed Systems, LED, and LWC

WORKFORCE AND INNOVATION FOR A STRONGER ECONOMY (WISE)

PLAN

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• Expand student access including online/hybrid learning and community college transfers and reverse transfers

• Improve student success through increasing retention rates, graduation rates, and completions

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• Expand private partnerships and program alignments with business and industry.

• Facilitate student and employer connections prior to graduation

• Grow university research and commercialization and technology transfer

• Maximize faculty expertise/excellence, uniqueness, and collaborations

MACRO STRATEGIC FRAMEWORK

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ANALYTICS DASHBOARD

http://youtu.be/qq_5ElX6i4M http://youtu.be/vNQpYmAlch0

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http://vimeo.com/50843758 http://vimeo.com/65347981

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ACADEMIC PRODUCTS

Personal Ed Plan

Q&A Stream

Course Data

Schedule Planning

Applications to help students improve success in college

10

PROFILE & SKILLS PLATFORM

Student Profile

Skills & Credentials

Jobs match for students

Public profile for students to consume data and tell their story

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INSTITUTION & EMPLOYER PRODUCTS

Self-serve job posting

Talent Search

Talent Scout

Institution & employer solutions to improve student job outcomes

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SYSTEM MARKETPLACES

216,000 students / 325,000 alumni 35,000 nursing students90,000 students / 175,000 alumni

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• Publication of scholarship work• Citations to published journal

articles• Research funding by federal

agencies• Honorific awards bestowed upon

faculty members

COMPARATIVE DATABASE

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K-12

Higher Education

Workforce

Economic Developme

nt

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K-12

• LOSFA’S LOUISIANA CONNECT

• Academic/Career Path Insight for H.S. Students

• H.S. Students Engaged Earlier in College/Career

Higher Ed

• COLLEGES & UNIVERSITIES

• Academic Planning Tools

• Internship & Job Placement Connections to Employers

• Program Alignment• Faculty & Research

Expertise

Workforce

• LA WORKFORCE COMMISSION STAR JOBS

• LA Employer Needs• Workforce Pipeline &

Forecasting

Economic Developme

nt

• LOUISIANA ECONOMIC DEVELOPMENT

• Employer Field Insight• Business Recruitment

Data Hub

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