Problem :
Problem Peabody and other mining companies are experiencing critical shortage of mining professionals while the demand is growing
Peabody Statistics :
Peabody Statistics Responsible for fueling 10% of US generation
2% of worldwide electricity
World’s largest private sector coal company
Cause Analysis/Root Cause :
Cause Analysis/Root Cause U.S. must triple the number of mining engineering graduates over the next 10 years
Approximately 13 institutions nationwide offer mining engineering degrees
1980 approximately 700 mining graduates vs. 100 graduates in 2005
Drivers of Mining Shortage :
Drivers of Mining Shortage Society of Mining Engineers estimates that 58% of its members are over the age of 50
Delayed education in Math and Science, resulting in shortage of engineers
Recruiting of minorities and women into the field is another detriment to our national growth
25% of STEM jobs are held by women, less than 10% are engineering
Solutions/Recommendations :
Solutions/Recommendations Education
Scholarships
Internships
Mentoring
Advertising and Awareness
STEM initiative
Conclusion :
Conclusion Problem Restatement:
Peabody and other mining companies are experiencing critical shortage of mining professionals
Recommendations:
Aggressive approach in attracting talent
Safety awareness
Scholarships
Wages
Go Miners! :
Go Miners! http://youtu.be/Q501Gvi8Dw0
http://youtu.be/8ACq4w5pcAI