3 takeaways from outlook 2016 state & local market forecast

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3 takeaways from Outlook 2016 State & Local Market Forecast

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Page 1: 3 takeaways from Outlook 2016 State & Local Market Forecast

3 takeaways fromOutlook 2016 State & LocalMarket Forecast

Page 2: 3 takeaways from Outlook 2016 State & Local Market Forecast

Every year, the preeminent market forecast event for state and local government is Outlook.

If you're searching for ways to improve your annual planning process, look no further.

Page 3: 3 takeaways from Outlook 2016 State & Local Market Forecast

? ? ?

This year's conversations focusedon a common thread:

Page 4: 3 takeaways from Outlook 2016 State & Local Market Forecast

This year's conversations focusedon a common thread:

TECHNOLOGY

Page 5: 3 takeaways from Outlook 2016 State & Local Market Forecast

Take the time to create and nurture lasting private-public

partnerships—you'll both benefit from the relationship.

KEY TAKEAWAY 1

What's in it for you?

Private sector organizations are experts in

their specialized fields and can provide

efficient feedback and support for your own

similar process challenges.

Page 6: 3 takeaways from Outlook 2016 State & Local Market Forecast

What else is in it for you?

You'll stay up to speed on the latest productivity

technology and IT advancements.

Private firms invest millions of dollars in IT and

technology. You'll be able gain a sense of

short-term and long-term impacts the

technology has on productivity and budget. This

includes potential training opportunities around

technology implementations.

Take the time to create and nurture lasting private-public

partnerships—you'll both benefit from the relationship.

KEY TAKEAWAY 1

Page 7: 3 takeaways from Outlook 2016 State & Local Market Forecast

Keep up with the current economic state—you'll navigate

and adjust operations faster and with more purpose.

KEY TAKEAWAY 2

How can you find the time?

It's essential that government teams monitor the

ever-changing economic landscape in order to

provide more analysis to its entity. In order to

find the time for this, start by cutting time spent

on manual steps in your current processes.

Page 8: 3 takeaways from Outlook 2016 State & Local Market Forecast

Keep up with the current economic state—you'll navigate

and adjust operations faster and with more purpose.

KEY TAKEAWAY 2

What's in it for you?

The state of growth for local governments has

fallen off in recent years, which means local

agencies have to reallocate resources to get

the same work done.

Page 9: 3 takeaways from Outlook 2016 State & Local Market Forecast

Keep up with the current economic state—you'll navigate

and adjust operations faster and with more purpose.

KEY TAKEAWAY 2

What else is in it for you?

Finding ways to automate the data aggregation

process frees up the limited time of financial

professionals to more carefully analyze the

financial data and take on emerging challenges

such as new pension liability standards.

Page 10: 3 takeaways from Outlook 2016 State & Local Market Forecast

Break down barriers—your hard work will pay off, and you

and your team will see dramatic increases in efficiency.

KEY TAKEAWAY 3

The situation

An antiquated set of non-complimentary

processes and data systems makes it difficult

to work across levels of government to secure

funding. It's especially painful in election years

when predicting available funds is much more

difficult in an uncertain environment.

1 A

2 B

3 C

Page 11: 3 takeaways from Outlook 2016 State & Local Market Forecast

Break down barriers—your hard work will pay off, and you

and your team will see dramatic increases in efficiency.

KEY TAKEAWAY 3

What's in it for you?

Overcoming these processes and systems is

necessary to be more effective in overall

operations costs and efficiency. Investing in

platforms that allow different agencies to easily

share data is a viable first step in the process of

connecting agencies and sharing information.

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2 B

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A

C

Page 12: 3 takeaways from Outlook 2016 State & Local Market Forecast

Outlook 2016 State & LocalMarket Forecast SummaryAll of these subjects are complex and will require targeted efforts from all levels of government to address. With the support of emerging technologies, agencies will be able to address new challenges with efficiency.

See how Wdesk can help government agencies stay aheadof these and many other challenges.