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Becoming a Team Member Team NEO Emerging Leaders Advisory Council Meeting Kickoff Meeting September 17, 2008
Is Cleveland “Dying”? ,[object Object]
Cleveland Plus is  ALIVE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
NEO Per Capita Income in Top Third  of All Metro Areas NEO Atlanta Portland Charlotte Raleigh
Northeast Ohio  Gross Regional Product (GRP) Increasing
Higher Skilled Employment Growing
Growth Industries
Team NEO:  Mission, Metrics, Work
NEO Regional Economic Development System Funding and  Leadership: Greater Cleveland Partnership,FFEF *(Other Metro Chambers in part) One Regional Brand: (Created by GCP, Positively Cleve CVB, Team NEO) Retain/Grow Largest Industry (Manufacturing): Grow Existing  Businesses: Chambers of  Commerce, Local Govt.  Attract New Businesses : Attract Venture  Capital for Emerging BioMed Industry: Launch  Entrepreneurship: Incubate future technologies: Goal: Accelerate NEO  Economic Growth
Regional Business Attraction Agent:   -  Northeast Ohio’s Sales Force ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Small Organization Serving Large Region
Partners/Funders: The Greater Team
Team NEO Metrics and Goals: 3 Year Plan Increase Business Investment Opportunities and Annual Payroll for Continuous Regional Benefit *5% will be Minority-Owned Businesses $46M 37 95 2007  Actual  $70M $50M $25 M New Payroll Added 9 36 2007 Goal 100 100* New Qualified Leads 20 13 Leads to Short List 2009 Goal 2008 Goal Objectives
Cleveland Plus Business: Our Work
What is Cleveland Plus? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Case for Regional Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Marketing Campaign Tactics Increase Awareness and Advance Perception of Region
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Cleveland+ Support: $2.5 Million/yr. Budget  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Cleveland Plus Business? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Attraction Process Lead Management Process Prospecting Lead Generation Lead Execution ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Metrics ,[object Object],[object Object],[object Object]
Generate  Impressions Sales: NEO Region Economic Development System Close Deal   # qualified leads # short list $Payroll Metrics Qualify  Leads Qualify  NEO Negotiate  Deal Increasing Local Role
Direct Attraction  Increases Leads in Growth Areas: Improves Close Potential  Support Regional Effort Cleveland+ Business Tiered Marketing Strategy Increases Qualified Leads, Opportunity  Highly  Targeted Industry Attraction -Collateral, Web, PR -Site Visits, Events -Research, Creative Core Marketing Needs Site Consultant Targeted Marketing Full Year: -6 Mkt Visits -2 Big FAM, 6 Mini -Core SS Industry Events Key Industry/Market Infusion -Key Industry Collateral -Partner Event Support
Core Attraction Marketing: Support ED System Direct Marketing Collateral for Regional Use Trade Show Booth, Event Presence “ Do the Math” Video Tells Story Clevelandplusbusiness.com Designed for Site Selection
Core Marketing Needs: Engaging Community ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Site Selectors Offer Low Hanging Fruit ,[object Object],[object Object],[object Object],Set Of Companies That Could Potentially Be A Fit For NEO Company Interested in sites for expansion or relocation Company with no interest in expansion or relocation Site selector clients ?  Interest level in sites is unknown to Team NEO ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
Site Selector Conducts On-Going Research Site Selector begins working with company Company Operates at Current Site Company Researches  Potential Sites Through Site Selector Company Researches  Potential Sites Internally Company Creates a Short List Company Selects a Site Site Selection Process Marketing To Site Selectors Can Influence Current As Well As Future Searches Example: Site Selection for ONE Company Company Operates at Current Site Company Researches  Potential Sites Through Site Selector Company Researches  Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches  Potential Sites Through Site Selector Company Researches  Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches  Potential Sites Through Site Selector Company Researches  Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches  Potential Sites Through Site Selector Company Researches  Potential Sites Internally Company Creates a Short List Company Selects a Site ?
Key Market Infusion and Targeting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Results To Date: Perceptions Changing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Generate  Impressions NEO Region Economic Development System Close Deal  Qualify  Leads Qualify  NEO Negotiate  Deal $46M New Annual Payroll 1500 Jobs *Goal $25M Total Regional Benefit $100 M Per Year 95  New Qualified Leads *Goal - 30 2007 Metrics # qualified leads # short list $Payroll
Generate  Impressions NEO Region Economic Development System Close Deal  Qualify  Leads Qualify  NEO Negotiate  Deal $15.6M New Annual Payroll 249 Jobs: $63K/yr Avg. Salary 57  New Qualified Leads 2008 YTD Metrics # qualified leads # short list $Payroll
2008 Wins ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Attraction : Project Updates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Attraction : Project Updates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cleveland Plus Business: Next Steps OBJECTIVE: Increase high quality targeted lead flow and execute effectively to increase NEO investment
Best in Class Regional Business Attraction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Team NEO’s Strategic Plan Update Is  Focused On Achieving Long Term Sustainability The Objective The Challenge Update Team NEO’s current strategy to achieve long term sustainability Engagement Overview: Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Key Topics Talent Attraction, Scale of International Attraction, Creating Regional System, Increasing Regional Business Engagement
The Work Plan Allows for Collaboration  Within And Across Issue Teams Engagement Overview: Timeline Summary Define Strategic Intent Define Transition Needs Define Strategic Plan Define  Implementation Plan Finalize  2009 Budget Develop  Long-Term Budget Prepared for the  Teams ,[object Object],[object Object],[object Object],Compile Fact Base  Evaluate Options Issue  Team Activities  for Board Retreat Board Retreat I Agenda ,[object Object],[object Object],[object Object],Board Retreat II ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],enlight/Issue Teams  Work Based On Feedback enlight/Steering Committee  Compile To Present  At Board Retreat II ,[object Object],[object Object],[object Object],[object Object],Board Retreat II Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],Phase I Phase II Phase III Issue Team Activities Staff Retreat Refine 2009  Balanced Budget Evaluate Hypotheses Refine Strategy Develop Fact Base Form Strategic Hypotheses Balance Initial  2009 Budget Board Retreat I June July August September October November December January
Emerging Leaders Council Mission, Projects and Discussion
Team NEO Emerging Leaders Advisory Council Mission ,[object Object]
Project/Discussion Topics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Advisory Council Next Steps: ,[object Object],[object Object],[object Object]
Thank You

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2008 9.17 Team NEO Emerging Leaders Advisory Council

  • 1. Becoming a Team Member Team NEO Emerging Leaders Advisory Council Meeting Kickoff Meeting September 17, 2008
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  • 5. NEO Per Capita Income in Top Third of All Metro Areas NEO Atlanta Portland Charlotte Raleigh
  • 6. Northeast Ohio Gross Regional Product (GRP) Increasing
  • 9. Team NEO: Mission, Metrics, Work
  • 10. NEO Regional Economic Development System Funding and Leadership: Greater Cleveland Partnership,FFEF *(Other Metro Chambers in part) One Regional Brand: (Created by GCP, Positively Cleve CVB, Team NEO) Retain/Grow Largest Industry (Manufacturing): Grow Existing Businesses: Chambers of Commerce, Local Govt. Attract New Businesses : Attract Venture Capital for Emerging BioMed Industry: Launch Entrepreneurship: Incubate future technologies: Goal: Accelerate NEO Economic Growth
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  • 14. Team NEO Metrics and Goals: 3 Year Plan Increase Business Investment Opportunities and Annual Payroll for Continuous Regional Benefit *5% will be Minority-Owned Businesses $46M 37 95 2007 Actual $70M $50M $25 M New Payroll Added 9 36 2007 Goal 100 100* New Qualified Leads 20 13 Leads to Short List 2009 Goal 2008 Goal Objectives
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  • 22. Generate Impressions Sales: NEO Region Economic Development System Close Deal # qualified leads # short list $Payroll Metrics Qualify Leads Qualify NEO Negotiate Deal Increasing Local Role
  • 23. Direct Attraction Increases Leads in Growth Areas: Improves Close Potential Support Regional Effort Cleveland+ Business Tiered Marketing Strategy Increases Qualified Leads, Opportunity Highly Targeted Industry Attraction -Collateral, Web, PR -Site Visits, Events -Research, Creative Core Marketing Needs Site Consultant Targeted Marketing Full Year: -6 Mkt Visits -2 Big FAM, 6 Mini -Core SS Industry Events Key Industry/Market Infusion -Key Industry Collateral -Partner Event Support
  • 24. Core Attraction Marketing: Support ED System Direct Marketing Collateral for Regional Use Trade Show Booth, Event Presence “ Do the Math” Video Tells Story Clevelandplusbusiness.com Designed for Site Selection
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  • 27. Site Selector Conducts On-Going Research Site Selector begins working with company Company Operates at Current Site Company Researches Potential Sites Through Site Selector Company Researches Potential Sites Internally Company Creates a Short List Company Selects a Site Site Selection Process Marketing To Site Selectors Can Influence Current As Well As Future Searches Example: Site Selection for ONE Company Company Operates at Current Site Company Researches Potential Sites Through Site Selector Company Researches Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches Potential Sites Through Site Selector Company Researches Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches Potential Sites Through Site Selector Company Researches Potential Sites Internally Company Creates a Short List Company Selects a Site ? Company Operates at Current Site Company Researches Potential Sites Through Site Selector Company Researches Potential Sites Internally Company Creates a Short List Company Selects a Site ?
  • 28.
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  • 30. Generate Impressions NEO Region Economic Development System Close Deal Qualify Leads Qualify NEO Negotiate Deal $46M New Annual Payroll 1500 Jobs *Goal $25M Total Regional Benefit $100 M Per Year 95 New Qualified Leads *Goal - 30 2007 Metrics # qualified leads # short list $Payroll
  • 31. Generate Impressions NEO Region Economic Development System Close Deal Qualify Leads Qualify NEO Negotiate Deal $15.6M New Annual Payroll 249 Jobs: $63K/yr Avg. Salary 57 New Qualified Leads 2008 YTD Metrics # qualified leads # short list $Payroll
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  • 35. Cleveland Plus Business: Next Steps OBJECTIVE: Increase high quality targeted lead flow and execute effectively to increase NEO investment
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  • 39. Emerging Leaders Council Mission, Projects and Discussion
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