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Greater Wilkes-Barre Chamber: Driving The Value Proposition

  1. Welcome Donna Sedor, CCE, ABC, IOM Vice President Greater Wilkes-Barre Chamber of Commerce
  2. Invocation Rev. John Ryan, CSC, Ph.D. President, King’s College
  3. Remarks Mike Bean Mohegan Sun at Pocono Downs Phil Johnson M&T Bank
  4. The Social Media Investing in Technology Accelerators
  5. Chamber, Click… Connect! Wico Van Genderen President & CEO Greater Wilkes-Barre Chamber of Business & Industry
  6. The Past State - The Red Ocean • We Have Confronted the Liabilities and Disengaged from the Old Business Model • MAKE the LEAP – Re-Think, Re- Brand, Re-Model and BELIEVE
  7. 9 Driving the BUS - The CHAMBER is back ONLINE • A COALITION the right people on the bus, the right people in the right seats • WHERE TO DRIVE IT the Vision and Action Plan – Definable, measureable, actionable and sustainable • UNDERSTAND & ALIGN – WHO (Business/Academia/Community) – WHY (Current/End State) /How (KPIs) – WHAT (Scope)
  8. 10 Driving the BUS - The CHAMBER is back ONLINE • THE VALUE PROPOSITIONS Create a Business Model that is Unique and Sustainable. – Allows first mover opportunities – Has a strong ROI – Provides an enterprise vision – Has high switching costs / Competition Irrelevant • USE Technology as an Accelerator/Enabler • EXECUTE with a CULTURE of DISCIPLINE • BELIEVE and BE PROUD
  9. Driving the Value Propositions • Adjacent Energy Play can attract business and job creation • Convergence of Interstates allows effective/efficient supply chain model
  10. Driving the Value Propositions • Diverse base of Commerce in EDs/MEDs, Defense, Manufacturing, Distribution • Tourism destination point with Natural Recreation/World Class Entertainment
  11. Driving the Value Propositions • Solid eCommerce & Technology infrastructure in place on Main Street • Strong Academic Capital w/ 17k students in the County and 8k in W-B City • Downtown Residency Growth can spur downtown small business resurgence
  12. Driving the Value Propositions Any one of these can be capitalized for a positive return to our Community
  13. Driving the Plan • The Context and Play is a “NEPA JOURNEY” • Map & Link the VALUE PROPOSITIONS • Example: ACADEMIC CAPITAL – COLLEGE VALLEY / COLLEGE TOWN – INNOVATION / ENTREPRENEURIAL – BLOCK BY BLOCK / ZONE BY ZONE – BEGINNING WITH CONVERGENCE • PUBLIC SQUARE & MAIN STREET • FRANKLIN ST. & THE RIVER COMMON – EDUCATION CURRICULUM/SKILLS to WORKFORCE MAPPING – BUILD THE COALITION AND EXECUTE
  14. Driving the Plan Showcase Success Stories.
  15. Execute on the Blocking & Tackling • Business Development (small to large) • Entrepreneurial Development • Grant , Zoning , Credit Coordination • Coalition of Business, Academia and the Public Sector • Find the Diamond / Drive the Infrastructure • Technology Accelerators
  16. Poverty - Confront what lurks beneath • CHILDHOOD POVERTY – Under the age of 5, one in three (33%) live in poverty – Rising stats from 14.7% (2000) to 29.6% today – 11,535 kids are being raised in poverty – 7.4% (9.3%) unemployment (5.7% /7.7%) state /(6.1%/7.5%) national //$24kvs27k per capita inc • POVERTY to POSSIBILITY – Targeted Scope / Targeted Program – Grass root family and community ownership – Partnerships – Schools/public/private sectors – Align to the Education Capital – Training for young families and extended families – Mentoring / Walking the Beat /Visibility – CALL TO ACTION – Support / Donate / Sponsor – INDIVIDUAL OWNERSHIP • UNITED WAY – Poverty to Possibility • CEO, Salvation Army, Toys for Tots, Junior Achievement, Big Brothers/Big Sisters
  17. BELIEVE and EXECUTE • WAKE UP THE BEAR – Get Involved / ENGAGE / This is your COMMUNITY • DRIVE THE COALITION of the PASSIONATE – TRUST / COMMIT/ TAKE ACTION • LEVERAGE the VALUE PROPOSITIONS • USE TECHNOLOGY as an ACCELERATOR & EXECUTE • BELIEVE AND BE PROUD of WHERE YOU ARE FROM
  18. Economic Engine World Class Potential Passion Create the Blue Ocean Find the Diamond
  19. Invest in Technology Accelerators On YouTube.com/WBChamber
  20. Small Business of the Year Award Sponsored by PNC Bank
  21. Distinguished Citizen Award John C. Metz & Family Sponsored by Luzerne Bank