Yesterday, Obama signed the “Workforce Innovation and Opportunity Act” which spotlights job-training, and especially on-the-job training programs, to boost economic opportunities for middle-class Americans. While it could be looked at as a way to win votes, this is the one act where we all win. In the coming years, one-third (and perhaps close to one-half) of all jobs will require more than a high school, but less than a four-year college degree – and most will involve some sort of technical or practical training. Last year BOMA (Building Owners and Managers Association) International led a veteran’s initiative highlighting that their technical training translates perfectly to the workplace, especially in property management. Joe Markling, managing director of Strategic Accounts at CBRE, pointed out, “Military experience translates well into commercial real estate careers, as our veterans bring to the table leadership and teamwork experience, technical skills and the ability to work well under pressure—all attributes valuable in our industry.” A rising middle class is essential for our industry’s success. Practical training makes practical sense.
July 23, 2014