Five Keys To Full Economic Development Engagement

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Presentation given at NC Community College Economic Development Conference, December 2008

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  • Five Keys To Full Economic Development Engagement

    1. 1. Five Keys To Full Economic Development Engagement Mitchell Community College / Greater Statesville Development Corporation
    2. 2. Full Economic Development Engagement <ul><ul><li>Betty Scipione, Director, New & Expanding Industry, Mitchell Community College </li></ul></ul><ul><ul><li>John Marek, Business Retention & Expansion Coordinator, Greater Statesville Development Corporation </li></ul></ul><ul><ul><li>Been working together for the past year and a half on a unique joint venture program between Mitchell and the GSDC. </li></ul></ul>
    3. 3. 5 Keys To Full Economic Development Engagement <ul><li>Introduce </li></ul><ul><li>Cooperate </li></ul><ul><li>Coordinate </li></ul><ul><li>Collaborate </li></ul><ul><li>Sustain </li></ul>Steps
    4. 4. 5 Keys To Full Economic Development Engagement <ul><li>Introduce </li></ul><ul><ul><li>Get to know Director, Existing Industry Person, etc. </li></ul></ul><ul><ul><li>If you are responsible for economic development or business relations at your school you MUST be on a first name basis with them. </li></ul></ul><ul><ul><li>Make a call. Send an e-mail. Show up at their house with a six pack of beer. </li></ul></ul><ul><ul><li>Their job is to know what is going on in the business community. </li></ul></ul>
    5. 5. 5 Keys To Full Economic Development Engagement Community College Economic Development
    6. 6. 5 Keys To Full Economic Development Engagement <ul><li>Cooperate </li></ul><ul><ul><li>Discuss individual organizational goals and structure. </li></ul></ul><ul><ul><li>How do these goals and structures “overlap?” </li></ul></ul><ul><ul><li>Where are the points of common interest? </li></ul></ul><ul><ul><li>Where are the points of potential conflict? </li></ul></ul><ul><ul><li>How can we work together on points of common interest and avoid points of potential conflict? </li></ul></ul>
    7. 7. 5 Keys To Full Economic Development Engagement Community College Continuing Education Small Business Center Customized Corporate Training Curriculum Programs New Business Recruitment Economic Development Corporate Development Training Existing Industry Expansion Existing Industry Training
    8. 8. 5 Keys To Full Economic Development Engagement <ul><li>Coordinate </li></ul><ul><ul><li>Act on knowledge gained through cooperation. </li></ul></ul><ul><ul><li>Create an “alignment” of functions. </li></ul></ul><ul><ul><li>Create joint guidelines and expectations. </li></ul></ul><ul><ul><li>Eliminate points of potential conflict. </li></ul></ul><ul><ul><ul><li>Scheduling </li></ul></ul></ul><ul><ul><ul><li>Funding </li></ul></ul></ul><ul><ul><ul><li>Personnel Issues </li></ul></ul></ul>
    9. 9. 5 Keys To Full Economic Development Engagement Community College Continuing Education Small Business Center Curriculum Programs New Business Recruitment Economic Development Corporate Development Training Existing Industry Expansion Existing Industry Training Customized Corporate Training
    10. 10. 5 Keys To Full Economic Development Engagement <ul><li>Collaborate </li></ul><ul><ul><li>Develop joint strategies and tactics. </li></ul></ul><ul><ul><li>Reduce or eliminate functional redundancies. </li></ul></ul><ul><ul><li>Develop joint metrics for success. </li></ul></ul>
    11. 11. 5 Keys To Full Economic Development Engagement Skilled Workforce Available Jobs Biotechnology Strategy
    12. 12. 5 Keys To Full Economic Development Engagement Community College Continuing Education Small Business Center Curriculum Programs New Business Recruitment Economic Development Corporate Development Training Existing Industry Expansion Customized Corporate Training
    13. 13. 5 Keys To Full Economic Development Engagement <ul><li>Sustain </li></ul><ul><ul><li>Methodology in place. </li></ul></ul><ul><ul><li>Create proximity where possible. </li></ul></ul><ul><ul><li>Make engagement routine. </li></ul></ul>
    14. 14. 5 Keys To Full Economic Development Engagement <ul><li>If you have any questions about Full Economic Development Engagement of the specific program we have created between Mitchell Community College and the Greater Statesville Development Corporation please contact: </li></ul><ul><ul><ul><li>Betty Scipione [email_address] </li></ul></ul></ul><ul><ul><ul><li>John Marek [email_address] </li></ul></ul></ul><ul><ul><li>A copy of this PowerPoint presentation can be viewed at www.linkedin.com/in/jbmarek . </li></ul></ul><ul><ul><li>Thank You. </li></ul></ul>

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