Jim Damicis taught the IEDC Strategic Planning Course in Atlanta, April 2018.

1. Jim Damicis
Senior Vice President
Camoin Associates
April 19-20, 2010
Atlanta GA
1
Economic Development
Strategic Planning

2. Organizational Strategic Planning
2
Organizational Responsibilities
for Making it Happen
Agenda:
Role of the Economic Development Organization
Assessing Institutional Capacity
Leading & Supporting the Effort
2

3. The Role of the Economic Development Organization
3
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 complexity

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

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

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.
6

7. Lead Responsibility
 May be agency, organization, or group
 Key implementer & primary coordinator
 May call for expansion of current operations
7
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
8

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
9

10. Adoption & Endorsement
process
• Inform
organizations
1
• Gather
feedback
2 • Request formal
adoption &
formally
endorsement
3
10

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
11

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
12

13. Duties of the Monitoring Body
• 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
13

14. Review of Findings:
National Regional EDO Research
Board Seats
-
Investment
Funding
Matched
Funding
Per Capita
Governance
Fairness
Negotiate &
Compromise
Public-
Private
Partnership
But Private
Sector
Driven

15. Efficient
with
Funding
Strong
Alliances
&
Networks
Creative
Risk Takers
Measure
Results &
Adjust
Strategic
Plan
Driven by
Customer
Trust &
Respect
Respond &
Adapt
Leadership
& Capacity
Communicate
High Performing EDOs

16. 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
16