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Silicon Valley:
A Small Business Perspective

Welcome

Fred Slone
San Mateo County
Workforce Investment Board

A Small Business Perspective

Project Introduction

Larry SanguinettiNOVA

A Small Business Perspective

Project Introduction

Background
• • •

History of labor market reporting Focus on stakeholders Study methodology

A Small Business Perspective Project Introduction

Stakeholders
• • •

Business Workforce Development Economic Development

A Small Business Perspective

Project Introduction

Methodology
• • •

“Exploratory” Directinterviews Study parameters:
• • •

Size Geography Industry

A Small Business Perspective

Project Introduction

Parameter: Size

A Small Business Perspective

Project IntroductionParameter: Geography

A Small Business Perspective

Project Introduction

Parameter: Industry

A Small Business Perspective

Silicon Valley Context

Rhonda Pryor
NOVA

A Small BusinessPerspective

Silicon Valley Context

Advantages

A Small Business Perspective

Silicon Valley Context

Challenges

A Small Business Perspective

Silicon Valley Context

“How do weretain a spirit of innovation when it’s hard to attract new talent given the high cost of living?”

A Small Business Perspective

Silicon Valley Context

Silicon Valley Flight
• •

98% plan tostay through 2011 69% currently have or anticipate a presence outside Silicon Valley

A Small Business Perspective

Silicon Valley Context

Facilities outside Silicon Valley

A Small BusinessPerspective

Silicon Valley Context

Offshoring


Small business dichotomy mirrors public debate Silicon Valley is “Technology Central” The world really is flat

• •

A Small BusinessPerspective

Workforce Concerns

Sarah Randle
NOVA

A Small Business Perspective

Workforce Concerns

Projected Growth

A Small Business Perspective

Workforce Concerns

Recruiting...
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