economic development presentation - city commission february 16, 2011
DESCRIPTION
Presentation by Angelou Economics to the City Commission on February 16, 2011.TRANSCRIPT
February 16, 2011
Commission
Meeting
Who We Are
AE’s leaders are economic development and site selection practitioners with more than 65 years of experience
AE builds economic development success through in-depth collaboration with stakeholders
AE knows the marketplace, the opportunities, and industry location requirements
AE creates innovative economic development and marketing strategies –with implementable action items
Strong project management teams with subject matter experts in corporate site selection and economic development
AE is not just a contractor, but a long-term partner with clients
Project Team
Angelos
Angelou
Principal Executive
Officer
Strategy
Development
Over 20 years experience in economic, workforce development and site
selection
Prior to forming AE, was VP of Economic Development for the Greater
Austin Chamber
Widely regarded as chief architect in establishment of Austin as high tech
center
Steve VierckPresident of
Economic
Development
Project
Executive
Over 26 years as an economic and workforce development practitioner
Director of both Arizona Department of Commerce and Greater Phoenix
business attraction/expansion services
Recognized as a leader in innovative marketing approaches
Carrie YeatsVice President of
Economic
Development
Project
Manager
Experience managing a range of ED projects with an emphasis on
economic development benchmarking and marketing
Six years of economic development experience in Alabama and Lubbock,
Texas
Michael Hennig Associate Project
Manager
Research
Analyst
Key researcher in areas of economic assessments and targeting
Previously, served as Director of Research & Strategic Development for
Orasi, an economic development consulting firm in Fort Worth, Texas,
where he was involved in the creation of multiple TIFs and crafted incentive
policies for numerous cities and EDCs
Project Process Overview
Economic and
SWOT Analysis
Target Industry
Analysis
Organizational
Assessment
1
2
3
4
Project Set Up
and Stakeholder
Engagement
Form steering committee, develop project website, collect stakeholder input
through interviews, focus groups, and business survey
Collect and analyze baseline economic, demographic, and workforce data,
map assets, identify strengths, weaknesses, opportunities, and threats
Identify target industry sectors to match between assets and site selection
requirements, conduct reverse site selection, identify needed workforce
skills, provide prospect lists
Review existing retention, recruitment, and marketing strategies, conduct
organizational analysis
Action/Marketing
Strategy and
Implementation
5 Develop actionable strategies, marketing strategy and calendar, create
implementation matrix, provide performance metrics
Project Timeline
MILESTONE SCHEDULE
2011
JAN FEB MAR APR MAY JUN JULY AUG
Phase 1
Project Set Up and
Stakeholder Engagement
Phase 2
Economic and SWOT Analysis
Phase 3
Target Industry Analysis
Phase 4
Organizational Assessment
Phase 5
Action/Marketing Strategy and
Final Recommendations
Trip 1
Trip 2
Trip 3
Trip 4
Trip 5
Immediate Next Steps: Stakeholder Input Process
Steering Committee Visioning Workshop
Focus Groups/Interviews
Young Professionals
Workforce Development and Education
Business Community
Survey and Website Kickoff
Objectives: Clarify vision, identify economic opportunities and challenges
Discussion: Beginning to Craft a Vision
What are the most important project needs? What will
constitute a successful project?
What are your short term goals for the city?
What do you think Winter Haven’s economy should
look like in 10 years?
Discussion: Opportunities and Challenges
What industry sectors (new/existing) should we focus
upon?
What local/regional opportunities exist?
What are the greatest barriers to economic
development?
“Champion” the project
Visit the project website:
www.winterhavenstrategicplan.com
Take the business survey
Next Steps: You Can Help
PROPOSAL: Economic Development Strategic Plan for the Tucson Region. 10
thank you
AngelouEconomics
8121 Bee Caves Road
Austin, Texas 78746
PH: 512-225-9322
FAX: 512-225-9283
ww
w.angeloueconom
ics.com