Organizational Strategic Planning for IEDC Training Course

1. Jim Damicis
Senior Vice President
Camoin Associates
March 23-24, 2017
Denver, CO
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Economic Development
Strategic Planning

2. 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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3. 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

4. Potential
Implementation
Resources
Competencies
To Take On
Additional Tasks
Strengths &
Weaknesses
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Assessing Institutional Capacity

5. Factors to Assess
Leadership
support
Staffing
Volunteer
network
Existing
programs &
services
Organizational
policies &
plans
Financial
resources
Real estate &
equipment
resources
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6. 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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7. 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

8. 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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9. 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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10. Adoption & Endorsement
process
• Inform
organizations
1
• Gather
feedback
2 • Request formal
adoption &
formally
endorsement
3
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11. 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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12. 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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13. 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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14. 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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15. Contact Information
o jim@camoinassociates.com
o www.camoinassociates.com
o Twitter: @jdamicis
o Linkedin: www.linkedin.com/in/jdamicis
o Economic Development Navigator: www.camoinassociates.com/navigator
Economic Development
Contact Information
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