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.