business services partnership - 062310

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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)