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Regional Council of Mayors May 3, 2019
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Page 1: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Regional Council of Mayors

May 3, 2019

Page 2: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

FROM ORGANIZATION TO PARTNERSHIP

organization

2011

2019

a regional partnership

GREATER MSP is fulfilling the original

vision of a true regional economic

development partnership

2000 leaders

200organizations20 staff

expectbigger results

bolder ambition

shared

ownership

Page 3: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

129 Private Investors =

76%

Civic Partners

Foundation Investors

Public Sector InvestorsPrivate Sector Investors

28 Public Investors = 19%

4 Foundation Investors = 5%

Page 4: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Regional

VISION

The Greater MSP region leads the world in inclusive economic growth by welcoming all, empowering talent & igniting innovation.

The GREATER MSP Partnership accelerates regional competitiveness and inclusive economic

growth through job creation, capital

investment & execution of strategic initiatives.

Accountability

Alignment

Inclusion

Innovation

Transparency

Partnership

MISSION

Partnership

VALUES

Page 5: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Regional Economic Development Strategy

Attract & Retain professional talent

Include All Races in Opportunity

Develop our Residents’ Skills

Tech, professionals of color, newcomers, interns

Adult worker training and retraining; higher-education

Better economic outcomes for diverse populations

Strengthen Key Sectors

TELL

OUR

STORY

PRIORITIZ

E TALENT

BUILD

GLOBAL

SECTORS

Make MSP a Global Brand

Rally Regional Storytellers

Inspire Action from Data

Innovate to Drive Growth

Invest in livability

Start-ups, corporate R&D, and more

Strategic Pillars Regional Strategy Objectives

Business retention / expansion / attraction , exports, FDI

Affordability, mobility, environmental sustainability

Identifying leaders and organizations to take on pressing issues

Marketing the MSP region around the U.S. and world

Leaders acting as ambassadors for the region’s story

What the region needs to do to become more competitive

Page 6: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Portfolio of Strategic InitiativesGREATER MSP Partnership

STRATEGIC INITIATIVE

Execution Hub

Led by Staff of

TALENTTALENT RETETION &

ATTRACTION

MAKE IT. MSP.

WORKFORCEDEVELOPMENT

GREATER

METROPOLITAN

WORKFORCE COUNCILPotential initiative by fall 2019

MBOLD

FOOD & AG SECTOR

GROWTH

FOOD &

AG

REGIONAL AIR SERVICES

PARTNERSHIPMORE FLIGHTS AT MSP AIRPORT

AIR

SERVICE

URBAN

GROWTH

CENTER CITIES

URBAN ECONOMIC DEVELOPMENT

DIVERSE

PIPELINECONNEXT MSP

TALENT INCLUSION

FORGE

NORTH

START-UPS & INNOVATION

Page 7: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Retaining & Attracting Talent

Connecting professionals of color and building more inclusive workplaces

Welcoming newcomers that brings together hundreds of new and long-time residents

Attracting software developers and other technology talent

Working together to make the Minneapolis-Saint Paul region top 10 in USA for professional

net migration

Converting summer interns and supporting on campus recruiting

MSP CAMPUS

Page 8: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Make It. MSP. New Products

MSP TECH

MSP Hello

Key fact 2

Key fact 1

Page 9: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

MSP Tech New Content, New Campaign

Page 10: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where
Page 11: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Impact: Success Building our Economy

Global Connectivity Talent Attraction & Retention Business Investment Win

REGIONAL AIR SERVICES

PARTNERSHIP

300% increaseNet millennial migration

4 new int’l routesSeoul, Dublin, Mexico City, Shanghai

MAKE IT. MSP. GOOGLE DATA CENTER

$600m investmentccc

DAILY PAY

100 new jobsFast-growth fintech firm

Business Investment Win

Page 12: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

2019 is our 5th year of tracking the

economic performance of our region

and benchmarking against peers

Page 13: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

June 24 Event Preview

2019 MSP Regional

Indicators Dashboard

5-year trend analysis

Where are we improving most?

Where are we falling behind?

Where do we need goals to

focus resources & motivate

progress?M

SP v

s. M

SPM

SP v

s. P

ee

rs

Page 14: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Strategy

Regional Competitiveness Pyramid

Performance

Execution

GOALSFall 2019

Page 15: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Invitation – Be a part of your regional economic development partnership

Performance

& Competition

Start ups

& Innovation

Deals, Job Creation

& Investment

Talent Attraction

& Retention June

24

May

Sep

12-18

Aug

5

July24

SUMMER 2019

2019 Indicators

Dashboard

Release

Forge

North

Launch

MSP Business

Investment Summit

MSP Welcome Week

Page 16: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Questions?

Ideas?

Let’s talk

Page 17: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where
Page 18: Regional Council of Mayors May 3, 2019 · 19.05.2019  · and benchmarking against peers . June 24 Event Preview 2019 MSP Regional Indicators Dashboard 5-year trend analysis Where

Amazon HQ2

Regions = geography of competition

So, what is the real story?

Compete, win as a team

Need to be ready

Learn from the big “winner” (VA)


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