Pinnacle Group to Participate at the 2016 Global STEM Talent Summit

Pinnacle Group to Participate at the 2016 Global STEM Talent Summit to Address the Growing STEM Talent Gap in the US

Pinnacle Group News

The nation’s top employers will join industry thought leaders at the Global STEM Talent Summit on April 28th, 2016, in Washington DC to address action for filling millions of skilled jobs. Led by STEMconnector®, the leading organization working closely with industry, higher education, NGOs and the public sector to provide resources that support corporate development and smart STEM (Science, Technology, Engineering and Mathematics) investments. The Summit is the first step in this private sector initiative to tackle the STEM talent gap.

“The Global STEM Talent Summit is an important piece in the global puzzle of identifying talent gaps and addressing them strategically” said Nina Vaca, Pinnacle Group Chairman and CEO. “We who are in the sectors that most depend on STEM talent have an accountability to be proactive in developing tomorrow’s innovators and leaders.”

The day-long event serves as a platform for discussion, sharing best practices in STEM talent development strategies, networking and taking collective action to drive scale and speed in helping to solve for the STEM shortfall. Together with its 25 strategic partners, STEMconnector® will outline a three-year strategic roadmap that aims to drive sustainable impact and deliver tangible solutions to diminish the STEM talent gap in the US.

“Business leaders have set the tone by ramping up investments and engagement in STEM education in order to prepare the next generation of skilled talent necessary to drive innovation and economic growth,” said Edie Fraser, Chief Executive Officer of STEMconnector®. “Now we need to shift our focus of turning investments in education into a sustainable, long-term talent pool.”

Over the past decade, growth in STEM jobs was three times greater than that of non-STEM jobs, according to Texas State University. Developing and retaining high-skilled STEM workers is crucial for employers. At the 2016 Global STEM Talent Summit, employers will share professional short and long- term STEM talent development models and best practices for training their employees and retaining high-skilled STEM talent.

Multiple industries, each with their own unique challenges, will be represented at the event. According to The World Health Organization the world is short by more than seven million doctors, nurses, and others who administer care, and this will grow to 12.9 million healthcare workers by 2035. Symantec noted that six million cybersecurity jobs will be created by 2019, and 1.5 million of those jobs will go unfilled by 2024.

The 2016 STEMconnector® strategic partners include Apollo Education Group, APCO Worldwide, AT&T, BAE Systems, BP, Burning Glass, Carnival Corporation, Cengage Learning, Centene Corporation, Cigna, Dassault Systems, Deloitte, FedEx, Gallup, Honeywell, Hope Street Group, Johnson & Johnson, Microsoft, Monsanto, Monster, PepsiCo, Smiths Group, Sodexo, Tata Consultancy Services, and Walmart.

Announcing the 100 CEO Leaders in STEM

At the Global STEM Talent Summit STEMconnector® will release 100 CEO Leaders in STEM, a publication that highlights the exceptional leaders contributing to the advancement of STEM careers around the world. The publication showcases the commitment, initiatives and values of 100 CEOs actively working towards a strong talent pipeline, and their companies. Excerpts include:

  • “The formula for innovation and growth in today’s digital economy begins and ends with a workforce that has the right skills….businesses that fail to invest the time and resources to train, attract and retain the best talent will be left behind.” Randall L Stephenson, Chairman and CEO, AT&T
  • “The technological reality is a call to companies to think boldly and pragmatically to solve complex problems…. It’s doubling our investment in innovation in the next three years so we can help companies shape next-generation capabilities and solutions.” Cathy Engelbert, CEO, Deloitte LLP
  • “Careers in STEM industries offer better compensation and more career advancement opportunities….Everyone benefits when our girls and young women can make full use of their abilities and supporting STEM Mentoring is a clear win-win.” Lorna Donatone, CEO of Sodexo School Worldwide and President of Sodexo North America

Join us at the Global STEM Talent Summit

The Global STEM Talent Summit will be held on April 28, 2016 at the Gallup World Headquarters in Washington, DC. For more information visit http://globalsummit.stemconnector.org

For individuals unable to join in-person, a live steam of the event will be available for remote viewing. Conversations can be tracked on social media by using the hashtag #GSTS2016.