New ‘Program Justification Report’ for colleges

May 21st, 2008

EMSI has recently made available a new standard report for community and technical college clients. The “Program Justification Report” offers focused supply/demand information to help colleges decide if there is sufficient workforce demand to create a new career-oriented program or expand an existing one. Starting with a client-selected list of up to 15 occupations and any custom region of one or more counties, the report summarizes the regional, state, and national labor market outlooks for those occupations, then totals how many students in the area recently completed a award or degree in related postsecondary programs (at the client college and at all regional colleges). A significant shortage of completions compared to estimated annual job openings is an important indicator that the college should expand its program offerings in those fields.

To see a sample report and place an order, visit our Regional Reports page, or call us at 1-866-999-3674.

Strategic Advantage locates talent for the energy industry

May 14th, 2008

Approaches to worker recruitment in the 21st century are changing, but with the right information, an effective strategy, and expert execution, the opportunities for success are abundant. This is even true in the energy sector, which is expected to experience a wave of retirements and pressing worker shortages in coming years. By using detailed national and local data, one talent management consulting firm increased its client’s pool of qualified applicants by 400% in two weeks.

Read the full case study to find out how Brian Kelsey of Civic Analytics delivered a data-driven solution to a national talent management firm.

Strategic Advantage locates talent for the energy industry (PDF)

EMSI data central to New York college’s “gap analysis”

May 1st, 2008

Timely data and analysis from EMSI were critical for a recent gap analysis report performed for Kingsborough Community College in New York. The final report was created by EMSI’s partner Workforce Strategy Center, a New York based nonprofit, in the summer of 2007 and was recently released on their web site.

The report focused on tourism and hospitality, non-nursing health care, retail, and maritime industry sectors. In particular, the report helped inform the college’s newly-launched Project Welcome, an initiative designed to train students for careers in New York’s fast-growing tourism and hospitality industries. In a recent local news article, representatives from the college and Workforce Strategy Center lauded the project’s success.

Indeed, a year after the launch of the program, Project Welcome, Kingsborough Community College (KCC) is reporting success above and beyond what was initially predicted, opening the door to potential success for those just beginning their work careers as well as those making mid-life career changes.

Stuart Schulman, the director of KCC’s Center for Economic and Workforce Development, said that Project Welcome – which had been established thanks to a $1.7 million grant from the United States Department of Labor – had exceeded the federal requirements as far as the number of people trained is concerned. In addition, Schulman said that the program — which centers on a 280-hour, 10 week course — had also exceeded its goals in terms of placement.

The framework used by Workforce Strategy Center, known as “Career Pathways,” is designed to help workers get training for jobs in high-demand fields with clear opportunities for future career advancement. It has been successfully paired with EMSI’s wealth of regional labor market data in several workforce development projects around the country.

EMSI announces partnership with Wiley Pathways to serve colleges

April 7th, 2008

Economic Modeling Specialists Inc. (EMSI) is pleased to announce a new partnership with global publishing company John Wiley & Sons to support Wiley Pathways, a new line of texts from the Wiley Higher Education division. The partnership will allow both companies to better serve community, technical, and career colleges and their students with high-quality, flexible curricula aligned to high-demand jobs.

“This is a great example of how EMSI’s integrated data can help both public- and private-sector organizations make informed, strategic decisions,” says EMSI CEO Andrew Crapuchettes. “We’re very pleased to be working with the Wiley Pathways team, and we believe our partnership will bring great value to their customers and ours.”

Under the agreement, EMSI will produce co-branded regional reports focusing on the labor market demand for occupations linked to Wiley Pathways curricula, which cover four major fields: Business, Emergency Management, Health Care Management, and Information Technology. The reports will inform colleges about opportunities for developing, expanding, or supporting related programs. Students will benefit by getting a detailed picture of the local, state, and national job market for the knowledge and skills they can acquire in those programs.

Customer Snapshots II: Real-World Solutions with EMSI’s Strategic Advantage

March 31st, 2008

For previously posted customer snapshots, click here.

People who are new to EMSI’s Strategic Advantage web-based analysis suite can sometimes get lost in its bewildering array of data sets, features, and terminology–and lose sight of its time-saving, productivity-boosting capabilities. That’s why we’ve collected real-world examples of how our clients use Strategic Advantage to become more efficient and more informed while saving their organizations money and leveraging additional resources. [Note: The following names and case studies are used by permission for informational purposes. They do not necessarily constitute an explicit or implicit endorsement of EMSI by the people or organizations listed.]

Workforce Investment & Development

David Blumenthal, Workforce Associate for Research and Development
Center of Workforce Innovations, Inc., Indiana

The need for accessible and accurate data is one constant in the ever-changing landscape of workforce development. To meet the Center of Workforce Innovations’ needs for occupation, industry, and demographic data, David Blumenthal uses Strategic Advantage. Its broad scope helps him perform multi-county research like the “State of the Workforce” report for Northwest Indiana, while the ability to drill down to ZIP code data helps him with detailed reports for individual companies. David says he likes to use Strategic Advantage because “its user-friendly layout provides me the capability to shift between occupations and industries, with the ability to sort, filter, or trim any report I choose.” For David and many more workforce developers like him, Strategic Advantage has become an integral part in the strategic planning process.

Higher Education

Tom Prendergast, Director of Institutional Research
North Central State College, Ohio

Tom Prendergast uses Strategic Advantage (SA) for successful grant writing. Recently, he and North Central State College used SA to support the application and subsequent gain of a Regional Innovation Grant (RIG) for his region. Armed with data on the aging workforce, dislocated workers, and the increasing demand for health care services, North Central State College and the other regional partners were able to prove their case for funding with conclusive data-driven findings on their region. Tom also used SA data to support his applications for two other recent grant successes, which brought 1 million dollars to the region for bioscience research and workforce training. Currently, Tom is focusing on the implementation phase of the RIG, and he is working closely with an EMSI consulting team to formulate a plan for transitioning laid-off workers into two focus industry sectors.

Nancy Benziger Brown, Dean of Workforce Development
Walter State Community College Center for Workforce Development, Morristown TN

Nancy Brown used EMSI data to help win a $1.95 Million Community-Based Job Training Grant. In order to do this, she used Strategic Advantage to provide data on: local emerging industries, demographics, and growth rates for several different occupations. This data helped establish need, as the per capita income was below poverty level compared to the state and nation. By identifying need and focusing on Advanced Manufacturing, especially Automotive Parts Manufacturing, Nancy and her team received the CBJTG to develop training, purchase state-of-the-art equipment and begin a career center on campus.

Nancy Ness, Tech Prep Coordinator, Selland College of Applied Technology
Boise State University, Idaho

Nancy is currently using Strategic Advantage to support a data-driven framework for program planning and program justification. With a new Southwest Idaho community college set to open in 2009, Nancy and the college program managers have been using occupation data from SA to guide program offerings. As the infrastructure for this community college is created, occupation data from SA will be used to evaluate the demand for the occupations that these programs train for. In the past, Nancy has used SA to help Southwest Idaho high schools meet Perkins IV accountability requirements and for grant writing for Boise State University Selland College of Applied Technology.

Terry Newman, Director, Contract and Community Education
Gavilian College, California

Terry Newman understands the power of detailed regional data. Gavilian College is a recent recipient of a Rural Opportunities Studies Grant, and the focus of the grant is on a rural county where detailed and up-to-date data is hard to come by. Terry is using Strategic Advantage ZIP code data to better understand this underserved region. In looking at workforce projections for this county, she has unearthed several growing occupations that went unnoticed previous to the detailed analysis. With this knowledge, Gavilian College can proactively address the competencies workers will need in order to remain in the region. This analysis will become the basis for new programs in the future. Terry’s example of data-driven regional analysis proves the importance for utilizing detailed data to address the workforce and education needs of rural communities.

EMSI contributes to report on impact of Mexican-Americans in Minnesota

March 5th, 2008

EMSI’s data, modeling, and consulting services played a key role in a report released today by Bruce Corrie, professor of economics and director of the Strategic Business Design Institute at Concordia University in St. Paul, Minnesota.

The report, titled “Ethnic Capital and Minnesota’s Future: Mexican Americans in Minnesota,”  examines the consumer spending power, entrepreneurial capital, productive capital, cultural capital, and other ways that Mexican-Americans benefit the Minnesota economy. The report finds that Mexican-Americans have consumer power of $1 billion, pay $283 million in personal taxes, and have large impacts on the state’s industries and labor market.

Informing Career Pathways: EMSI Reports Aid Arkansas Initiative

February 25th, 2008

This case study describes how EMSI (then CCbenefits) helped inform the Arkansas Career Pathways Initiative with regional labor market reports.

The Arkansas CPI is a groundbreaking program that helps high-risk, low-income adults gain entry into careers with opportunity for upward mobility. Graduates are filling in-demand jobs in regional growth industries while gaining independence from public assistance.

Read the case study (PDF): Informing Career Pathways in Arkansas (Case Study)

Economic Impact Analysis: Common Pitfalls

February 22nd, 2008

With the advent of EMSI’s affordable, easy-to-use economic modeling tools, many more people are able to conduct economic impact analyses without an extensive background in economics. This document describes some of the basic pitfalls that more inexperienced researchers should avoid when conducting an economic impact study. The three primary pitfalls are:

  1.  Expressing impacts in terms of sales rather than income
  2. Ignoring the “with and without” principle (also known as the “Broken Window Principle”)
  3. Failing to account for general equilibrium effects

Click here to view/download the full document (PDF): Economic Impact Analysis: Common Pitfalls

Labor market data & analysis for site selection

February 6th, 2008

In this whitepaper, EMSI explains the importance of  labor market analysis for businesses, site selectors, and economic development professionals. The paper covers types of key information needed and the challenges of local labor market research using public sources, and some basic features of EMSI’s Strategic Advantage web-based system that make it the top labor market analysis solution for many policy professionals, researchers, and consultants. An appendix reviews the most commonly used public data sources.

Read the full whitepaper (PDF):  Labor Market Analysis for Site Selection

Update: This whitepaper has been expanded — read the latest version.

EMSI recognized as one of America’s fastest-growing private companies

January 14th, 2008

After last year’s placement on the Inc. 5000 list, Economic Modeling Specialists Inc. has been recognized as one of America’s fastest-growing private companies.

EMSI’s achievement was recently publicized in Forbes magazine on the “Awards Report” page produced by Dallas-based Chorley Publishing.

“We’d like to thank all of our customers for their loyalty, feedback, and support, which has made our company what it is today,” said EMSI CEO Andrew Crapuchettes. “Our customers have actively informed the rapid development of our products and services, helping us make the maze of socioeconomic data easily accessible to the decision makers who need it most.”

Noted regional economist M. Henry Robison founded the company in 1987 as Robison & Associates, which then became EMSI in 1995. EMSI initially specialized in building custom regional economic models, and began producing its own integrated data set to support them. In 2001, Robison and his colleague Kjell Christophersen formed CCbenefits Inc., an economic consulting firm specializing in providing impact studies and regional planning data for community and technical colleges. In 2007, the two companies officially merged under the EMSI name and now provide a diverse portfolio of economic data, software, and consulting solutions to state and local agencies, colleges and universities, workforce development boards, economic development councils, consultants, and private sector clients.

EMSI’s data-driven socioeconomic impact studies for colleges have been recognized in peer reviews as comprehensive, conservative, and accurate. EMSI has performed the studies for over 800 colleges in the U.S. and Canada, and has most recently entered the U.K. market with some 40 contracts already signed.

EMSI is also recognized as a leader in providing integrated economic data gathered from dozens of government sources and packaged in a powerful, user-friendly web-based analysis suite, Strategic Advantage. The tool’s user base has skyrocketed to over 2,500 since 2003, mostly from the state and local public and public-private sector, but also larger agencies such as the U.S. Treasury Department and corporations such as Fortune 500 staffing giant Manpower Inc.

Some highlights of EMSI’s work in the past year include:

  • Official merger with CCbenefits Inc.;
  • Release of major software and data upgrades to Strategic Advantage in February and October 2007;
  • Integration of CCbenefits’ Community College Strategic Planner into EMSI’s Strategic Advantage to form a single modular analysis suite;
  • Overseas expansion with completion of a U.K. pilot study measuring colleges’ economic impact, followed by dozens of contracts with other U.K. colleges;
  • Partnership with Maher & Maher to serve WIRED regions, with subsequent ongoing consulting project in Newton, Iowa, where a major Whirlpool closure has threatened the region’s economy;
  • Partnership with Purdue University in a major rural competitiveness research project funded by the U.S. Economic Development Administration.

Even after seven years of rapid growth and new product development, EMSI remains focused on supporting and improving its current solutions and current client base.

“Last year, return business became the most important part of our revenue,” said Crapuchettes. “We have a very high renewal rate, which shows outstanding customer satisfaction. This remains a major focus area for us even as we consider entering new markets and developing new solutions.”