Designing a Public-Private Partnership Framework for 21st Century Workforce Development

Citi Ventures is the innovation and venture capital team of Citigroup, a multinational investment banking and financial services corporation. Citi Ventures employs a discovery mindset to bring forth new ideas by exploring the startup landscape and engaging in strategic investments and partnerships regardless of the lifecycle stage. Citi Ventures acknowledges that, as times change and the workforce moves towards technology-centered careers, automation will leave many individuals unemployed. Citi Ventures hopes to facilitate career change, promote workforce development, and equip affected individuals with the tools and resources to gain new skills. Citi Ventures enlisted a Capstone team to conduct a landscape analysis of public-private partnerships that support workforce development. The team delivered a final report and presentation, which include frameworks for partnerships, personas that will benefit from these partnerships, and recommended opportunities for Citigroup’s subsidiaries to encourage workforce development.