WEBVTT
1
00:00:12.276 --> 00:00:14.970
The 21st Century Techforce initiative launched
2
00:00:14.970 --> 00:00:16.590
by the Puerto Rico government,
3
00:00:16.590 --> 00:00:18.960
especially the Department of Economic Development,
4
00:00:18.960 --> 00:00:22.380
that looks to train 50,000 additional people
5
00:00:22.380 --> 00:00:27.297
in tech roles and 21st century roles for the next 10 years.
6
00:00:33.720 --> 00:00:36.013
The modern economy is driven by talent,
7
00:00:36.013 --> 00:00:38.310
and we understood we have some gaps.
8
00:00:38.310 --> 00:00:40.410
We understood that we needed to make investments
9
00:00:40.410 --> 00:00:42.720
in digital talent and tech talent.
10
00:00:42.720 --> 00:00:46.170
What we're investing initially is in three main buckets.
11
00:00:46.170 --> 00:00:49.620
One of them is K to 12, so thinking about high schools,
12
00:00:49.620 --> 00:00:52.950
I think that's where the pipeline starts.
13
00:00:52.950 --> 00:00:54.810
The second is short-form credentials.
14
00:00:54.810 --> 00:00:57.120
We want to revolutionize how higher-ed
15
00:00:57.120 --> 00:01:00.150
and universities think about their programs,
16
00:01:00.150 --> 00:01:02.070
where students can go in
17
00:01:02.070 --> 00:01:05.493
and start taking classes that are relevant for the market.
18
00:01:06.630 --> 00:01:08.970
We're thinking about stackable credentials where
19
00:01:08.970 --> 00:01:12.330
they can start getting certifications and associates
20
00:01:12.330 --> 00:01:15.750
but they can also go and reach their bachelor's.
21
00:01:15.750 --> 00:01:18.780
And the third one is we want to enable the ecosystem
22
00:01:18.780 --> 00:01:22.500
and the training provider landscape to scale.
23
00:01:22.500 --> 00:01:25.260
You know, our goal is to really disrupt the ecosystem
24
00:01:25.260 --> 00:01:28.830
for training providers, from the high school system
25
00:01:28.830 --> 00:01:32.497
all the way to alternate training providers.
26
00:01:37.980 --> 00:01:39.630
CEOs are no longer looking
27
00:01:39.630 --> 00:01:41.430
for the best incentive packages.
28
00:01:41.430 --> 00:01:45.180
It's no longer cash that drives site-selection decisions;
29
00:01:45.180 --> 00:01:46.200
it's talent.
30
00:01:46.200 --> 00:01:48.660
And so when we had the chance to partner with Puerto Rico,
31
00:01:48.660 --> 00:01:51.990
who's been a longtime partner of BCG, to develop the pools
32
00:01:51.990 --> 00:01:55.440
of talent that would support business growth in Puerto Rico,
33
00:01:55.440 --> 00:01:57.570
it was an incredible opportunity for us to make
34
00:01:57.570 --> 00:01:59.790
a really big difference to Puerto Rico,
35
00:01:59.790 --> 00:02:02.040
drawing on the experience and the relationships
36
00:02:02.040 --> 00:02:05.400
that were built in economic development over many decades.
37
00:02:05.400 --> 00:02:07.650
One of the things that really galvanized support
38
00:02:07.650 --> 00:02:10.350
around 21st Century Techforce was our ability
39
00:02:10.350 --> 00:02:12.900
to quantify the number of people that were needed
40
00:02:12.900 --> 00:02:15.780
in tech roles to enable Puerto Rico to hit
41
00:02:15.780 --> 00:02:17.520
its economic development vision;
42
00:02:17.520 --> 00:02:20.790
that we need 50,000 people over the next 10 years
43
00:02:20.790 --> 00:02:23.490
who have tech skills, who have engineering skills,
44
00:02:23.490 --> 00:02:26.880
business skills, to drive economic growth in Puerto Rico.
45
00:02:26.880 --> 00:02:29.640
That became a North Star of the initiative that's guided
46
00:02:29.640 --> 00:02:31.990
what everybody in the ecosystem has done since.
47
00:02:34.950 --> 00:02:39.840
The speed at which we have been able to assess, design,
48
00:02:39.840 --> 00:02:42.930
and start implementing, in my opinion, is impressive.
49
00:02:42.930 --> 00:02:45.450
And I think having a partner that pushes you
50
00:02:45.450 --> 00:02:48.540
to move fast with always having quality in mind, right?
51
00:02:48.540 --> 00:02:51.000
I think that's really, really important to know
52
00:02:51.000 --> 00:02:53.100
you can move fast, but the quality is really important,
53
00:02:53.100 --> 00:02:55.800
and I think BCG has brought those to our agency,
54
00:02:55.800 --> 00:02:57.660
and, you know, the difference is seen.
55
00:02:57.660 --> 00:02:59.520
I think everyone's super excited.
56
00:02:59.520 --> 00:03:01.620
You cannot just go into a new place and think
57
00:03:01.620 --> 00:03:03.930
you know everything and implement things
58
00:03:03.930 --> 00:03:06.420
that are not sensible to the people there,
59
00:03:06.420 --> 00:03:10.170
and I think BCG has done a great job at that.
60
00:03:14.010 --> 00:03:16.650
My goal, and I want to say my dream, is for
61
00:03:16.650 --> 00:03:19.170
every Puerto Rican to understand that the world,
62
00:03:19.170 --> 00:03:21.540
the economy, is moving toward tech.
63
00:03:21.540 --> 00:03:23.957
Tech is going to be the norm.