US Chamber of Commerce Launches ‘Talent Finance’ to Invest in Future Workforce

Frustrated that training, to the tune of $80 billion, isn’t doing the job for both employers and employees, the U.S. Chamber of Commerce Foundation is doing something about it.

On Sept. 21, the group announced a new program, Talent Finance, to figure out ways to invest in skills that will help employers fill open jobs.

“In the 21st-century economy, jobs—and the skills required to fill those jobs—change rapidly, but the preparation of students and workers is based on a different era and economy,” the group said. “We are launching this initiative to catalyze business-led solutions to close that skills gap.”

The group wants an up-to-date model to address the skills gap.

“Public and private sector financing innovations combined with access to better data and more robust employer leadership, set the stage for restructuring how we finance and manage the risks in talent development for all relevant stakeholders,” says Jason Tyszko,

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SAS accelerates development of analytics and data science talent with new academic program

CARY, N.C., Sept. 22, 2020 /PRNewswire/ — The demand for people with analytics and data science skills continues to outpace supply – and SAS® skills are among the most prized. Major companies in banking, insurance, pharmaceuticals, manufacturing and government agencies around the world use SAS to optimize operations with AI, machine learning, cloud and IoT. The new SAS Academic Specialization gives higher education institutions more options for generating the SAS talent employers are seeking.

Last year, nearly 220,000 job postings listed SAS as a desired skill, according to Emsi, an aggregator of labor market data. To help its students seize these opportunities, the University of South Florida (USF) worked with SAS to launch a Tier 3 SAS Academic Specialization in Healthcare Analytics. The COVID-19 pandemic has thrust the importance

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Cybersecurity skills gap: How this startup aims to solve the talent crisis

In 2008, just a year after large-scale, state-sponsored cyberattacks on Estonia, NATO set up its Cooperative Cyber Defence Centre of Excellence in Estonia’s capital, Tallinn, to strengthen its capabilities and improve cooperation and information-sharing among its members and partners.

Among the contractors who helped build a military-class cyber range for NATO’s cyber exercises, were IT-infrastructure and security specialists Jaanus Kink, Margus Ernits, and Taavi Must. A few years later, they decided to found a startup based on the experiences they had gained.

“We saw how useful cyber exercises are for defense teams. Once we realized that this kind of learning experience could help cyber teams around the world, we started to build RangeForce – a platform for hands-on training of cyber defenders and running cyber exercises at scale,” RangeForce CEO Must tells ZDNet.

SEE: Security Awareness and Training policy (TechRepublic Premium)

RangeForce provides cybersecurity training for companies of varying sizes,

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Optomi Significantly Reduces the Time and Expense of Hiring for Clients Seeking Technology Talent | News

ATLANTA, Sept. 9, 2020 /PRNewswire/ — Optomi, the technology talent brand of Optomi Professional Services, is known for significantly improving the interview-to-hire ratio for clients through a skill-set-focused approach to recruiting. Discovering culturally aligned candidates who possess the skills necessary to excel in their roles is a strength of Optomi’s.

A typical employer seeking to hire for a position will review 250 resumes and conduct 6-8 first interviews with 2-3 rounds afterward before making an offer to a single candidate. Optomi takes the burden from the hiring manager by vetting candidates so effectively that the firm averages an interview-to-hire ratio of 3:1 versus the industry norm of 6:1 (or worse).

“A time-consuming hiring process eats up hiring managers’ bandwidth and causes delays that can affect the entire organization. Our highly-effective skill-set approach to recruiting talent coupled with our proven processes streamline the hiring and greatly improve the chances that

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