kansas, inc. “to strategically build a strong, diversified economy that promotes new and existing...

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Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

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Page 1: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Kansas, Inc.

“To strategically build a strong, diversified economy

that promotes new and existing industries”

Page 2: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Kansas, Inc. Overview• Independent, Objective, Non-partisan

• Three Primary Areas of Focus– Strategic Planning– Research & Analysis– Evaluation & Benchmarking

• Our Fundamental Goal– Strategic Planning – Suggesting policies and

recommendations to ensure the State’s ongoing strategic competitiveness for economic growth

2007 Strategic Planning

Page 3: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Leveraging our Foundations & Designing the Future:

A Kansas Economic Renaissance

Ren·ais·sance • a renewal of life, vigor,

interest; rebirth; revival

2007 Strategic Planning

2007 Strategic Planning

Page 4: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Research & Analysis• Developing & implementing a proactive & aggressive

research agenda (18+ months of research leading into Strategic Plan)

• Recent topics include: Aerospace

Consumer Sentiment

Energy Agriculture

Industry ConcentrationEconomic

Trends Productivity

Indicators of the Kansas Economy

Taxation Workforce Development

Image

Funding

2007 Strategic Planning

Page 5: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

1st MeetingSteering

Committee

Strategic Plan

Kickoff

2nd MeetingSteering/Cell/Policy

Committee

Strategic Planning: The Process

2006 2007 2008

Presentation to Governor

& Legislature

Kansas, Inc. Board

Approval

Final MeetingSteering/Cell/Policy

Committee

Statewide Cell Meetings

Statewide Cell Meetings

Academic & Policy Resource Team – Provide insight throughout process

2007 Strategic Planning

Strategic Tactical

Page 6: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Strategic Planning: The People

• Steering Committee– Business and industry leaders, legislative

members, other policy makers– Other stakeholders, including individuals from

various statewide organizations• Statewide Cells

– 17 groups consisting of 5 to 7 members each throughout the state

– Grassroots effort• Academic & Policy Resource Team

– Representatives from various educational institutions and economic policy organizations

2007 Strategic Planning

Page 7: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Strategic Planning: The Places

2007 Strategic Planning

Page 8: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

• Pay attention to existing businesses

• Hold the cities and counties harmless

• Business-friendly, capital friendly

• Every business matters

• Limited resources

• Focus on the high valuetargets

Guiding Principles Articulated Throughout the State

2007 Strategic Planning

Page 9: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Economy of Our Past

2007 Strategic Planning

Agriculture

Manufacturing

Oil & Gas Industry

Three Core IndustriesDairy

Feedlots

Corn

WheatSoybeans

Aerospace & Aviation

Industrial

Agricultural

Plastics

Gas Fields

Oil Wells

Refineries

Private Oil Companies

Page 10: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Present Economy

Kansas’ economy has evolved from three core industries into a

handful of strengths in which we can strategically position to enhance our diversified

economy

2007 Strategic Planning

Page 11: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Kansas’ Inherent and Emerging Strengths

Five Pillars of Core Competencies:– Manufacturing – Aerospace & General– Energy & Natural Resources– Rural Development & Agriculture– Professional, Scientific & Technical Services – Bioscience

2007 Strategic Planning

Page 12: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Diversified and Integrated Economy

Kansas must:

• Focus our inherent and emerging strengths• Leverage our resources and achieve complete integration

2007 Strategic Planning

Page 13: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Economy of Our Present

Rural Development & Agriculture

Manufacturing

Energy & Natural Resources

Professional, Scientific & Technical Services

2007 Strategic Planning

Page 14: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Economy of Our Present

Rural Development & Agriculture

Manufacturing

Energy & Natural Resources

Professional, Scientific & Technical Services

Bioscience

2007 Strategic Planning

Page 15: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Bioscience

Energy & Natural Resources

Manufacturing

Rural Development & Agriculture

Transition EconomyProfessional,

Scientific & Technical Services

Entrepreneurship & Innovation

2007 Strategic Planning

Page 16: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Bioscience

Energy & Natural Resources

Manufacturing

Rural Development & Agriculture

Transition EconomyProfessional,

Scientific & Technical Services

Entrepreneurship & Innovation

2007 Strategic Planning

Page 17: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Bioscience

Energy & Natural Resources

Manufacturing

Rural Development & Agriculture

Strategically Aligned Core StrengthsProfessional,

Scientific & Technical Services

2007 Strategic Planning

Page 18: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Midwest Energy

Sprint

Cerner

GM

INVISTABioscience

Professional, Scientific & Technical Services

Energy & Natural Resources

Manufacturing

Rural Development & Agriculture

Black & VeatchBayerGarmin

Hospira

Great Plains Manufacturing

Hugoton FieldTownsend Farms

Kansas Communities, LLC

Midway Wholesale

CyDex, Inc.

Nex-Tech

Rubbermaid

Winfield Iron & Metal

MGP Ingredients

Sunflower Electric JACAM, Chemicals

Cargill

Hill’s Pet Nutrition

Vasogenix Pharmaceuticals, Inc.

AGCO

Financial Services

Spirit Aerosystems

Koch Industries

2007 Strategic Planning

Page 19: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

We must create the atmosphere to encourage

Entrepreneurship and Innovation to support all of our

core strengths

2007 Strategic Planning

Page 20: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Current EnvironmentLacks framework to efficiently

coordinate our resources

Workforce

Development

InfrastructureImage

Business & Tax Climate

Technology & InnovationEntrepreneurship

InitiativeEducation

2007 Strategic Planning

Page 21: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

We need to provide a framework that focuses

these supporting fields into a well planned

environment that will foster growth

2007 Strategic Planning

Page 22: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Image

Workforce Development

Business & Tax Climate

Infrastructure

Entrepreneurship Initiative

Education

Technology & Innovation

Environment for Opportunity

2007 Strategic Planning

Page 23: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Image

Workforce Development

Business & Tax Climate

Infrastructure

Entrepreneurship Initiative

Education

Technology & Innovation

Manufacturing

Energy & Natural Resources

Professional, Scientific, &

Technical Services

Rural Development & Agriculture

Bioscience

Strength Through Aligned Resources

Strength Through Aligned Resources

2007 Strategic Planning

Page 24: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Kansans will notably increase personal and business wealth and

improve our quality of life by focusing on our inherent and emerging

strengths.

Vision StatementVision Statement

2007 Strategic Planning

Page 25: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Components of the Strategic Plan

Inherent and Emerging Strengths

• Manufacturing – Aerospace and General

• Rural Development and Agriculture

• Professional, Scientific, and Technical Services

• Energy and Natural Resources

• Bioscience

Environment for Opportunity

• Business and Tax Climate• Workforce Development• Technology and Innovation• State Image/Branding• Economic Development

Funding and Benchmarking• Transportation Infrastructure

Provides 43 Strategies accomplished through 98 Recommendations

2007 Strategic Planning

Page 26: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Rural Development

Mission - Enhance the prosperity of rural Kansas by

developing innovative solutions recognizing local and regional strengths to

ensure the quality of life in rural areas.

2007 Strategic Planning

Page 27: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Strategy 6

• Create a rural development model that provides a holistic, integrated approach based on four key pillars:– Capital– Access– Leadership– Benchmarking

• The model should use incentives as the engine that drives integration.

2007 Strategic Planning

Page 28: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Strategy 6 – Enhancing the Structure of Rural Development in Kansas

6-1 Office of Rural Opportunity should be positioned at the highest possible level to become the centerpiece of a new integrated rural development structure.

6-2 Create a Division of Leadership within the Kansas Department of Agriculture.

6-3 Develop a coordinated incentive structure to reward communities, businesses and individuals for using the new integrated structure.

6-4 Benchmark our efforts and progress in rural Kansas. 6-5 Enhance funding to $1.0 million per year for the agricultural

loan portfolio within the Department of Commerce. 6-6 Utilize and support the potential of Rural Opportunity Zones

2007 Strategic Planning

Page 29: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Business Development

Workforce Development

Trade Development

Travel and Tourism

Secretary of Commerce

Deputy Secretary

Deputy Secretary

Communications & Marketing Services

Senior Director

Current Organizational Chart Department of Commerce

2007 Strategic Planning

Page 30: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Agriculture Marketing Development

Community Development

Division of Rural Development

Deputy Secretary

Regional Offices of Rural Opportunity

Advisory Board

Division of Leadership (Dept of Ag)

Network Kansas

KSBDC

K-State Research and Extension

USDA Rural Development

Certified Development Companies

Community and Regional Foundations

KDWP

KTEC

Kansas Bioscience Authority

Proposed Division of Rural Development

Secretary of Commerce

KDHE KDOT2007 Strategic Planning ETC.

Page 31: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Agriculture Marketing Development

Community Development

Division of Rural Development

Deputy Secretary

Regional Offices of Rural Opportunity

Advisory Board

Division of Leadership (Dept of Ag)

Network Kansas

KSBDC

K-State Research and

Extension

USDA Rural Development

Certified Development Companies

Community and Regional Foundations

KDWP

KTEC

Kansas Bioscience Authority

Proposed new structure of Department of Commerce

Secretary of Commerce

KDHE KDOT

Business Development

Workforce Development

Trade Development

Travel and

Tourism

Deputy Secretary

Deputy Secretary

Communications & Marketing

Services

Senior Director

2007 Strategic Planning ETC.

Page 32: Kansas, Inc. “To strategically build a strong, diversified economy that promotes new and existing industries”

Image

Workforce Development

Business & Tax Climate

Infrastructure

Entrepreneurship Initiative

Education

Technology & Innovation

Manufacturing

Energy & Natural Resources

Professional, Scientific, &

Technical Services

Rural Development & Agriculture

Bioscience

Strength Through Aligned Resources

Kansas’ Kansas’ STARSTAR Advantage Advantage

2007 Strategic Planning