Impact of future workforce highlights 6th annual INNO Conference at STC
There is an urgent need to ensure that students are ready for the jobs of the future. Now more than ever, college graduates with real world experience are needed for even the most entry-level of jobs, according to economists with the Federal Reserve who spoke at STC's 6th Annual Binational Innovation Conference (INNO) Sept. 28.
The event welcomed the brightest minds in industry, education, and economic development, who each brought pertinent information focused on innovation and the impact of students on the future workforce.
“STC ensures that its educational programs replicate what happens in the real world and that there is direct crossover,” said Dr. Kevin Peek, economics faculty with STC and emcee for INNO. “We strive to ensure that while students are learning, they also have an opportunity to be out in the real world acquiring experience.”
INNO is the name of the bi-national collaborative effort between STC and El Instituto Internacional de Estudios Superiores (IIES) in Reynosa, Mexico that provides entrepreneurs and the business community with information about new cross-border economic opportunities.
“We need to make sure that we have our citizens and our students ready for the jobs of the future,” said Ricardo Olivares, Program Chair for Business Administration at STC. “We are having this event to make sure we collaborate with the community, and with our partners in Mexico to make sure that STC remains a strong force for our citizens here in the Rio Grande Valley.”
“We need to make sure that we have our citizens and our students ready for the jobs of the future. We are having this event to collaborate with the community and with our partners in Mexico, and to make sure that STC remains a strong force for our citizens here in the Rio Grande Valley.”
Notable speakers at the event included Blake Hastings, an economist with the Federal Reserve Bank of Dallas, who gave an economic overview of the South Texas region including the Rio Grande Valley.
Julian Alvarez, Commissioner Representing Labor for Texas Workforce Commission (TWC) spoke on developing a future workforce using soft skills and technology. PSJA ISD Superintendent Dr. Daniel King spoke on education and workforce development vital to the Texas economy.
An afternoon panel discussion with economic experts included Marie McDermott, Executive Director of Weslaco EDC; Victor Perez, Executive Director with Pharr EDC; Joey Treviño, Executive Director of Edinburg EDC; Sergio Contreras, President and CEO of the RGV Partnership; Ramiro Garza, President of RG Economic Advisors; and STC Trustee and President of Starr Industrial Foundation, Rose Benavidez.
“I want to personally applaud what you and the business community are doing here in McAllen as it relates to not only solving the workforce issue for your community, but for being exemplary throughout the rest of the state and perhaps the rest of the country,” Hastings said. “It works best when the model is simple and direct between employers and those producing the future workforce, and the model created here at STC is truly exemplary.”
Over the years, thousands of students have studied at STC and entered or re-entered the workforce with newly acquired skills. The accumulated contribution of former students currently employed in the state workforce amounted to $325.4 million in added income, according to an economic study produced by the college.
As the skill sets of employees rise, there is an increase in salary that follows. By developing their skill sets, not only do students receive the opportunity to earn more money, they become a more valued member of their respective companies.
“Moving forward, every single program that we have, has that component of real-world experience,” said Mario Reyna, Dean of Business, Technology and Public Safety at STC. “Employers are looking for people who have skills, and not necessarily from a four-year college degree. They want people to demonstrate that they have a skill. They want to know they can do something. So that’s where the conversation is right now at the national level.”