business services partnership - 062310
TRANSCRIPT
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Business Services
Partnership
Clark CountyBusiness Growth & Jobs
Bonnie Moore 06/23/10
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Todays Agen
da
Time Topic
8:30 8:40 1-1 Networking
8:40 9:00 Intr oductions
Partnership Presentation
9:00 9:45 Business Challenge
9:45 9:55 Partner Pitches: CREDC & SWWDC
9:55 10:00 News & Event Updates
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Why shouldEconomic& Workforce
DevelopmentSupportBusiness Growth?
BUSINESS
GROWTH
CAPITAL
INVESTMENT
Expanded
Tax Base
Regional
Growth
Skilled
Workforce
Qualityof
Life
JOB
CREATION
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LAYOFFSCOST
The Gap
Business Challenges Cost Control & Cost Reduction
Declining Markets & Changes inCustomer Demand (decrease incustomer loyalty)
Operational ProcessImprovements
Increased Global Competition
Increased Regulatory &Compliance Requirements
Labor Challenges Poor Leadership
Employee Turnover Developing Existing
Employees
Shortage ofEmerging SkilledLabor Force
Lackof
Successio
nPlanning/Apprenticeship(retiring workforce)
Generation Gap
14.6%
Clark CountyUnemployment
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Business Retention & Expansi
on
Up to 80% of almost any areas
job growth is generated byexisting companies.
Dr. David Birch, MIT & Cognetics, Inc.
14,000 businesses
36 stakeholderorganizations
28 staffmembers
20 public officials
Why does business retention & expansion matter?
Well, arent we all dedicating limited
resources to helping out local business?
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Develo
pm
ent Roles
1. Policy Legislative Advocacy
2. Infrastructure Land & Transportation Access
3. Regulation Per
mits & Licenses
4. Capital Access Grants, Funds, Incentives
5. Marketing Website, Newsletters, Direct Outreach
6. Networking Social & Business Events
7. Customer Service Delivery ofSolutions
8. Education Training & Workforce Develop. Programs
9. Innovation Improving Competitiveness
10. Intelligence Data Collection
EXERCISE
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Current Mod
el
CityCouncils
PortAuthorities
Resources/
Service
Providers
EducationProviders
BusinessAssociations
CountyComm.
Business
#1
Business
#2
Business
#5
Business
#4
Business
#3
What dobusinesses need?
How canwe
provide asolution?
What dotraining dobusinesses
need?
What dobusinesses need?
How canwe
provide asolution?
How canwe
provide asolution?
Who am Isupposed to talk to
again?
Why are so many peoplecontacting me?
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Partnership Model
City
Councils
Port
Authorities
Resource/
Service
Providers
Education
Providers
Business
Associations
County
Comm.
OUTREACH
TEAM
ACTION
TEAM
RESOURCE TEAM
Business Community
SmallBusiness
Cluster
Manufacturing
Cluster
High-Tech
Cluster
Renewable
EnergyCluster
What dobusinesses
need?
How can weprovide asolution?
INNOVATION BUSINESS CLUSTERS
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Business Services PartnershipWhat Were About:
Branded Partnership ofnon-profit business
resources & serviceproviders (low/no cost)
Business InnovationPlatformfor growth & jobs
Business Outreach,
Stakeholder Education &Problem-Solving
Proactive, Efficient, &Effective
We Get Business!
What Were Not About:
Reinventing the wheel Another reason for another
committee ormeeting All talk, no action Competing for a limited
piece of the pie
Re
dT
ape
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Business Services Toolbox
Emerging
Growing
Maturing
Declining
Closure
Emerging Growing Maturing Declining Closure
Capital Acquisition
Workforce Development & Retention
Operational Competitiveness
Business Planning & Support
Community Involvement
Delivering
Services
basedon
Business Life
Cycle Needs
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Strategic
RoadmapBusiness
Networks
Business
Advocacy
Business
Outreach
Stakeholder
Education- Public Partners
- Investors/Board
- Public Officials
- Businesses
- Media/Press
- General Public
Branded
PartnershipNon-Profit
Business
Resources
& Services
SmallBusiness
Renewable
Energy
HighTech
Manufac-
turing
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1. Branded Partnership
Name & Logo:
Easy to Remember
Easy for People to Understandits Purpose
Easy to Scale (ifneeded)
One point ofcontact
Marketing: Partnership Brochure
Partner Website w/ logo
Business Resource Portal
Name Ideas: Business Expansion
Partnership
SmartBusinessPartnership
BusinessEdgePartnership
BizInnovatePartnership
BizLeveragePartnership
BusinessFirstPartnership
BizAdvantagePartnership
BizAccelerato
rPartnership
How do we get businesses to callus if they need our help?
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2. Stakeholder Education
Partners Value Proposition Elevator Pitch
Partner Pitches
101/201 Workshops
Business-Clients Website/Portal
Consultations
Board/Investors & Public Officials Mini-Presentations Road Show
Business Cluster Town Hall Meetings
Press & General Public
Business Success Stories
How do we make sure people understand ourvalue?
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3. Targeted Business Outreach
SectorNon-Traded Sector
(Local & Regional)
Traded Sector
(National & International)
Industry
Retail
Trade
Wholesale
Trade
Professional
Services
Professional
Services
Diversified
Manufacturing
Retail Shops Agriculture Construction Engineering High-Tech
Restaurants Transport. Healthcare Finance Materials
eCommerce Mining Utilities Info Services Food
Business
Size
Start-up
(1-5)
Small
(6-20)
Medium
(21-500)
Large
(501-1000)
Multinational
(1000+)
Business
StageEmerging Gr owing Maturing Declining Closing
Proactive
Servicing
Reactive
Servicing
With limited resources, where should we focus our energy toget the biggest bang for our buck?
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4. Business NetworksHow do we foster innovation through business clusters?
Industry
Partner
CUSTOMER
Industry
Competitor
SUPPLIER
BUSINESS
Vertical Integration
MarketResearch
Horizontal Integration
ReferralNetwork
ECONOMIC
GARDENING
BUY LOCAL,
SELL GLOBAL!
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Accounta
bility Check
Define Roles & Responsibilities
Online Document Sharing
Target Business List Business Services Toolbox
Project Documents
Reference Documents
Monthly Meetings (Action Teams) Bi-annual Business Impact Report
(Board/Investors and Public Officials)