Post on 15-Apr-2017
transcript
Jim DamicisSenior Vice PresidentCamoin Associates
March 23-24, 2017Denver, CO
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Economic Development Strategic Planning
Organizational Strategic Planning
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Organizational Responsibilities for Making it Happen
Agenda:Role of the Economic Development Organization
Assessing Institutional Capacity
Leading & Supporting the Effort
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The Role of the Economic Development Organization
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Economic developer as point guard – able to distribute work and responsibilities to those best able to act
Able to function regionally
Reliance on information, knowledge, and intelligence
Higher demand for transparency, nontraditional civic engagement/involvement – crowdsourcing, and social media
Demand for metrics
Adaptability – comfort with chaos and complexity
Potential Implementation Resources
Competencies To Take On Additional
Tasks
Strengths &
Weaknesses
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Assessing Institutional Capacity
Factors to Assess
Leadership support Staffing Volunteer
network
Existing programs &
services
Organizational policies &
plansFinancial resources
Real estate & equipment
resources
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Keep in Mind:
Many major economic development initiatives are implemented by
partnering entities.
Implementers can be described as having lead or secondary responsibility. Identifying & seeking endorsement of the lead responsible entity is critical.
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Lead Responsibility
May be agency, organization, or group Key implementer & primary coordinator May call for expansion of current operations
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Business retention & expansion goal
Local chamber of commerce (similar entity)
IMPLEMENTATION LED BY
Taking the Lead
Action plans Assume responsibility for appropriate action steps Oversee & advise on progress Submit progress reports Carry out other necessary responsibilities
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Secondary/Active Support Responsibility
Design necessary action steps alongside lead agencies
Assume responsibility for appropriate action steps
Report to lead agency/organization Progress, challenges, key findings
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Adoption & Endorsement process
• Inform organizations
1• Gather
feedback
2 • Request formal adoption & formally endorsement
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Meeting/Presentation Should Include:
Review of strategic planning process Public input, draft plan development
Lead & secondary organization roles Specific responsibilities Action plans Monitoring implementation Next steps
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Next Steps/Going Forward Timetable
Integration of input from various organizations Development of action plans Development of plan brochure/document Public unveiling of plan Ongoing monitoring of plan implementation
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Duties of the Monitoring Body
• Obtain annual updates • Assist in action plan development, if needed
Obtain initial implementation action plans
• Quarterly or semiannual basis
Obtain formal status reports
• Leadership team, implementing organizations, & community
Provide periodic (typically annual) updates
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More on the Monitoring Body
Work may also be done by (sub)committee
Ensure frequent communication Status reports & action plans to the team
Report significant changes or obstacles during implementation
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Contact Informationo jim@camoinassociates.como www.camoinassociates.como Twitter: @jdamiciso Linkedin: www.linkedin.com/in/jdamiciso Economic Development Navigator:
www.camoinassociates.com/navigator
Economic Development
Contact Information
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