Human Capital Plan Development – The Process
The Human Capital Plan was developed through a public engagement process that includes information gathering and data collection from a series of public meetings, small group sessions, and one-on-one meetings with stakeholders. An analysis of the quantitative and qualitative data gathered during the Human Capital planning process, coupled with surveying, research, and data assessment, led to the development of three primary core focus areas that were determined as the essential human capital development needs for the community:
- Job Skills Development and Training Opportunities for Adults
- Small Business Development, Entrepreneurship, and Economic Development
- Educational Opportunities for Children and Youth
USI works with Public Housing Authorities, city government officials, foundations and other stakeholders to conduct community engagement processes around neighborhood conditions and human service needs. This process includes resident surveys, service and amenity assessments, and focus groups with key stakeholders. Through the community engagement process, stakeholders’ priorities are identified, and USI ensures success by integrating a human capital plan with the identified physical revitalization plan. Because we are mindful of the existing and authentic strengths of a community, our human capital plans focus on collaboration, building on current community assets while avoiding duplication of services.
The Human Capital Plan is the component of a neighborhood’s master redevelopment plan that focuses exclusively on the design of services and supports to improve the quality of life for vulnerable residents in the community while enhancing its appeal to prospective residents who have the economic ability to make choices about where they live. The Human Capital Plan is tailored to build on the assets of the area and diminish the individual and structural challenges to social and economic development faced by residents as well as business, civic, and institutional stakeholders.
