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Economic Development 411
The Importance of Economic
Development Collaboration
Kristi Tanner, Sr. Managing Director, JobsOhio
12/2/2016
Why was JobsOhio Created?
• Customer service was severely lacking
• Slow and cumbersome approval process
• Proactive sales efforts were nearly non-existent
• Participation from C-level execs was limited
• Coordination with regions needed improving
“Incremental improvements in a government structure
are not enough to get us where we need to be.”
• 47th in economic growth
• 2nd highest in job losses
• 42nd in economic outlook
Creation of JobsOhio; the Path to Reform
1. Create a privatized organization, JobsOhio
Creating a industry based growth strategy with a targeted,
proactive sales process to attract more investment & jobs
2. Provide it with sustainable funding
Reliable, ongoing revenue stream for economic development
3. Equip it with the best talent, tools & processes
Top talent and an economic development toolbox that’s more
competitive and wins more deals
4
THE NETWORK
Confidential |
One Firm, One State
 Site selection services
 Business development incentives
 Workforce recruitment and training
support
 Streamline permitting process
 Introduction to service providers
 Long-term partnership for business
success
JobsOhio Today
11
JobsOhio ProvidesFiscal Responsibility
A dedicated funding stream
through a 25-year franchise of the
statewide spirituous liquor business
allows for long-term strategic
planning.
This provides Ohio a competitive
advantage without being subject to
fluctuating budgets.
Mission: JobsOhio is a private, non-profit corporation designed to drive
job creation and new capital investment in Ohio through business
attraction, retention, and expansion efforts.
Vision for Ohio: Consistently lead the nation in private sector job gains and
economic growth.
Vision for JobsOhio: Become the recognized leader in economic development in
the U.S. with the best people, best processes, best programs and best results.
Board Governance & Industry Directors
Board of Directors
James Boland
Chairman
Ret. Vice Chair,
Ernst & Young
Tom Williams
President & CEO,
North American
Properties (NAP)
John Minor
President & CIO,
JobsOhio
John Bishop
Chairman, Motorists
Insurance
Stephen Perry
Ret. President, Pro
Football Hall of
Fame
Lawrence Kidd
Principal & CEO,
Reliable Staffing
Services
Gary Heminger
President & CEO,
Marathon Petroleum
Barbara Snyder
President, Case
Western Reserve
University
Stephen Markovich
Senior VP, Ohio Health
Brigadier General, Ohio
Air National Guard
Industry Expertise
David Mustine
Senior Advisor
Previously Secretary ODNR, Senior VP – AEP
Aaron Pitts
Senior Managing Director (BioHealth & Food Processing)
Previously Strategy Executive, Cardinal Health
Glenn Richardson
Managing Director (Adv. Manufacturing & Aviation)
Previously VP, Rolls-Royce and Dana Holding
Ted Griffith
Managing Director (Information Technology & Logistics)
Previously Hewlett-Packard Executive
Dana Saucier
Managing Director (Shale Energy & Petrochemicals)
Previously Founded Accent Energy
Kristi Tanner
Senior Managing Director (Automotive, Steel & White Goods)
Previously COO – Ohio Dept. of Development
Valentina Isakina
Director (Financial Services & Select HQ)
Previously Senior Advisor for Office of Tony Blair
Confidential |
So how is Ohio
performing in
2016?
JobsOhio Metrics
Projects where JobsOhio and the JobsOhio Network were involved
2011 2012 2013 2014 2015
New Jobs 21,000 21,000 18,000 21,000 24,000
New Capex ($MM) $3.2 $5.8 $3.6 $6.1 $6.7
Number of Projects 245 289 264 286 330
JobsOhio key metrics:
• New jobs
• New capital investment
6
2010 2016
43rd 10th
38th 11th
42nd 18th
Ohio’s business climate and economic
outlook have improved more than
ANY OTHER STATE.
The World’s Spotlight is on Ohio
The World’s Spotlight is on Ohio
13Confidential |
Ohio is a top ten state for its
business climate, economic
outlook, regulatory environment,
small business tax climate and
workforce quality.
#5 in state business climate (Site Selection Magazine)
#5 in regulatory environment (Forbes Magazine)
#8 in small business tax climate (Small Business and Entrepreneurship
Council)
#7 in workforce quality (Chief Executive Magazine)
10Confidential |
The World’s Spotlight is on Ohio
9Confidential |
Ohio’s small business tax
climate now ranks among
the best in the country.
8th best tax climate and beat out every state Ohio borders
(Small Business and Entrepreneurship Council)
11Confidential |
The World’s Spotlight is on Ohio
10Confidential |
Ohio’s has cut $5 billion
in taxes in the last 5 years.
(Ohio Office of Budget and Management)
12Confidential |
The World’s Spotlight is on Ohio
11Confidential |
Ohio’s has added over 426,000 new
private sector jobs since 2011.
There are more than 4.7 million Ohioans with a private sector job; putting
Ohio nearly 100,000 jobs over the November 2007 pre-recession level.
(U.S. Bureau of Labor Statistics)
13Confidential |
The World’s Spotlight is on Ohio
12Confidential |
Ohio’s ranks 2nd national
in quality of life.
(Forbes Magazine)
14Confidential |
Best of What’s Different with JobsOhio’s
Structure?
1. Relationship based, not transaction based
2. Industry expertise and strategy; private sector approach
3. Stronger, more coordinate regional economic development
organizations, seamless process
4. Aggressive, global sales team that’s integrated with regional
network
5. Ability to react faster and better to market needs with new
programs and services
• $50mm Research & Development Grant Program
• Revitalization Pilot Program
• SiteOhio
• Talent Acquisition
Questions?
Thank You

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Economic Development 411 | 2016 | Collaboration

  • 1. Economic Development 411 The Importance of Economic Development Collaboration Kristi Tanner, Sr. Managing Director, JobsOhio 12/2/2016
  • 2. Why was JobsOhio Created? • Customer service was severely lacking • Slow and cumbersome approval process • Proactive sales efforts were nearly non-existent • Participation from C-level execs was limited • Coordination with regions needed improving “Incremental improvements in a government structure are not enough to get us where we need to be.” • 47th in economic growth • 2nd highest in job losses • 42nd in economic outlook
  • 3. Creation of JobsOhio; the Path to Reform 1. Create a privatized organization, JobsOhio Creating a industry based growth strategy with a targeted, proactive sales process to attract more investment & jobs 2. Provide it with sustainable funding Reliable, ongoing revenue stream for economic development 3. Equip it with the best talent, tools & processes Top talent and an economic development toolbox that’s more competitive and wins more deals
  • 5.  Site selection services  Business development incentives  Workforce recruitment and training support  Streamline permitting process  Introduction to service providers  Long-term partnership for business success JobsOhio Today 11 JobsOhio ProvidesFiscal Responsibility A dedicated funding stream through a 25-year franchise of the statewide spirituous liquor business allows for long-term strategic planning. This provides Ohio a competitive advantage without being subject to fluctuating budgets. Mission: JobsOhio is a private, non-profit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention, and expansion efforts. Vision for Ohio: Consistently lead the nation in private sector job gains and economic growth. Vision for JobsOhio: Become the recognized leader in economic development in the U.S. with the best people, best processes, best programs and best results.
  • 6. Board Governance & Industry Directors Board of Directors James Boland Chairman Ret. Vice Chair, Ernst & Young Tom Williams President & CEO, North American Properties (NAP) John Minor President & CIO, JobsOhio John Bishop Chairman, Motorists Insurance Stephen Perry Ret. President, Pro Football Hall of Fame Lawrence Kidd Principal & CEO, Reliable Staffing Services Gary Heminger President & CEO, Marathon Petroleum Barbara Snyder President, Case Western Reserve University Stephen Markovich Senior VP, Ohio Health Brigadier General, Ohio Air National Guard Industry Expertise David Mustine Senior Advisor Previously Secretary ODNR, Senior VP – AEP Aaron Pitts Senior Managing Director (BioHealth & Food Processing) Previously Strategy Executive, Cardinal Health Glenn Richardson Managing Director (Adv. Manufacturing & Aviation) Previously VP, Rolls-Royce and Dana Holding Ted Griffith Managing Director (Information Technology & Logistics) Previously Hewlett-Packard Executive Dana Saucier Managing Director (Shale Energy & Petrochemicals) Previously Founded Accent Energy Kristi Tanner Senior Managing Director (Automotive, Steel & White Goods) Previously COO – Ohio Dept. of Development Valentina Isakina Director (Financial Services & Select HQ) Previously Senior Advisor for Office of Tony Blair Confidential |
  • 7. So how is Ohio performing in 2016?
  • 8. JobsOhio Metrics Projects where JobsOhio and the JobsOhio Network were involved 2011 2012 2013 2014 2015 New Jobs 21,000 21,000 18,000 21,000 24,000 New Capex ($MM) $3.2 $5.8 $3.6 $6.1 $6.7 Number of Projects 245 289 264 286 330 JobsOhio key metrics: • New jobs • New capital investment
  • 9. 6 2010 2016 43rd 10th 38th 11th 42nd 18th Ohio’s business climate and economic outlook have improved more than ANY OTHER STATE. The World’s Spotlight is on Ohio
  • 10. The World’s Spotlight is on Ohio 13Confidential | Ohio is a top ten state for its business climate, economic outlook, regulatory environment, small business tax climate and workforce quality. #5 in state business climate (Site Selection Magazine) #5 in regulatory environment (Forbes Magazine) #8 in small business tax climate (Small Business and Entrepreneurship Council) #7 in workforce quality (Chief Executive Magazine) 10Confidential |
  • 11. The World’s Spotlight is on Ohio 9Confidential | Ohio’s small business tax climate now ranks among the best in the country. 8th best tax climate and beat out every state Ohio borders (Small Business and Entrepreneurship Council) 11Confidential |
  • 12. The World’s Spotlight is on Ohio 10Confidential | Ohio’s has cut $5 billion in taxes in the last 5 years. (Ohio Office of Budget and Management) 12Confidential |
  • 13. The World’s Spotlight is on Ohio 11Confidential | Ohio’s has added over 426,000 new private sector jobs since 2011. There are more than 4.7 million Ohioans with a private sector job; putting Ohio nearly 100,000 jobs over the November 2007 pre-recession level. (U.S. Bureau of Labor Statistics) 13Confidential |
  • 14. The World’s Spotlight is on Ohio 12Confidential | Ohio’s ranks 2nd national in quality of life. (Forbes Magazine) 14Confidential |
  • 15. Best of What’s Different with JobsOhio’s Structure? 1. Relationship based, not transaction based 2. Industry expertise and strategy; private sector approach 3. Stronger, more coordinate regional economic development organizations, seamless process 4. Aggressive, global sales team that’s integrated with regional network 5. Ability to react faster and better to market needs with new programs and services • $50mm Research & Development Grant Program • Revitalization Pilot Program • SiteOhio • Talent Acquisition

Editor's Notes

  1. Put yourselves back in 2011. We had lost over 400,000 jobs – 2nd most of all the states. We were ranked 47th in economic growth, 42nd in economic outlook, and we’d lost $14B in payroll. And we were facing an $8 budget deficit. Kasich recognizing that the support of private sector job creation is one of the single most important responsibilities of Governor – and state Government was not doing its job Pretty clear that incremental improvement in government structure would not be enough to get us where we needed to be. Couple with this that customer service was horrible, slow, bureaucratic There were no proactive sales activities to try and attract business in, at least not at the state level We weren’t engaging the business community and And we weren't coordinating with regions.
  2. It was so important that it was designated as HB 1 and passed the legislature in February, 2011. Went through rationalization of the ODOD to determine what functions should be privatized and what should remain at state HB1 created framework for the private company, JobsOhio and provided the mechanism for sustainable funding that could be equipped with the best talent, tools and processes. First board was appointed by Governor, articles of incorp were filed and we held our first board meeting in July, 2011.
  3. One of the most important decisions we made when creating JO was how to build out our capability across the state.
  4. Here’s where we are today… our mission is to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. Unique, dedicated funding stream… And the outcome of the rationalzation process is on the right/grey box, the services we provide
  5. Our board is comprised of company representation from across Ohio And our promise to lead by industry --
  6. HOW do we measure our success?
  7. Most Improved Business Climate – Chief Executive & Forbes Most Improved Economic Outlook – ALEC – American Legislative Exchange Council
  8. Not only have we improved more than any other state, we’re now a top 10 state in the categories of business climate, economic outlook, regulatory environment, small biz tax climate and workforce quality
  9. Relationship based, not transactional Depth of understanding on projects with industry expertise