Economic Gardening Using Information
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http://scribd.com/doc/239851214
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From The Windy City to The Ready City, a Socioeconomic Pivot for ChicagoJohn R Dallas Jr
Although narration, animation and audience interaction bring to life this appropriately disruptive message regarding cultural facts and theories associated with Chicago's decades of lagging behind so many other cities, there is enough meat on these bones for a healthy nibble or two.
Please reach out for more information. This presentation is available at a special fee for up to two hours working with a high-performing audience, and for certain colleges and universities, classes are offered without the normal speaking fee.
Please contact:
jrdallasjr@hillviewpartners.com
312.643.8000 Main
312.415.2222 Mobile
BLS & Co. helps some of the world’s largest corporations identify the best locations, negotiate incentives, secure development approvals and optimize energy strategies.
BLS & Co. Managing Director, Andy Shapiro heads the firm's location advisory practice from its San Francisco Bay Area office, helping clients translate their business objectives and strategic vision into rational, balanced location decisions.
Check out this presentation that Andy Shapiro recently gave to CoreNet Global on location decision trends.
What does a data scientist actually do? Here at Good Rebels we wanted to outline a profile of this new profession, with the help of various industry leaders from academia, business and institutions. In short, we concluded that the main tasks of a data scientist are to identify data, transform it when incomplete, categorize it, prepare it for analysis, perform the analysis, visualize the results and communicate them.
From The Windy City to The Ready City, a Socioeconomic Pivot for ChicagoJohn R Dallas Jr
Although narration, animation and audience interaction bring to life this appropriately disruptive message regarding cultural facts and theories associated with Chicago's decades of lagging behind so many other cities, there is enough meat on these bones for a healthy nibble or two.
Please reach out for more information. This presentation is available at a special fee for up to two hours working with a high-performing audience, and for certain colleges and universities, classes are offered without the normal speaking fee.
Please contact:
jrdallasjr@hillviewpartners.com
312.643.8000 Main
312.415.2222 Mobile
BLS & Co. helps some of the world’s largest corporations identify the best locations, negotiate incentives, secure development approvals and optimize energy strategies.
BLS & Co. Managing Director, Andy Shapiro heads the firm's location advisory practice from its San Francisco Bay Area office, helping clients translate their business objectives and strategic vision into rational, balanced location decisions.
Check out this presentation that Andy Shapiro recently gave to CoreNet Global on location decision trends.
What does a data scientist actually do? Here at Good Rebels we wanted to outline a profile of this new profession, with the help of various industry leaders from academia, business and institutions. In short, we concluded that the main tasks of a data scientist are to identify data, transform it when incomplete, categorize it, prepare it for analysis, perform the analysis, visualize the results and communicate them.
For this paper, we interviewed some of the leading voices in the connected car industry to uncover some of the trends influencing the market, and what it might mean for the future of any business seeking to capitalize on this radical change in how we live and move. We examine how these changes are fundamentally altering the talent landscape in the industry, heralding the arrival of a new breed of executives to fill an evolving talent gap in the mobility sector; created by the convergence of the traditional automotive sector and a myriad of outside influences.
The Work Ahead: The Future of Business and Jobs in Asia Pacific's Digital Eco...Cognizant
Asia Pacific businesses are investing more in digital than their counterparts around the world -- and realizing far greater rewards, according to our recent study. There's more work to do, however, to seize the full gamut of digital opportunities.
The Center for An Urban Future has released a new report titled, "Small Business Success." The report is a blueprint for turning more of New York City's small businesses into medium-sized and large businesses. The centerpiece of the report is a series of 21 profiles of New York City-based small businesses that have managed to grow in recent years.
Tech M&A Monthly: China - What's Really Happening?Corum Group
The tumultuous Chinese public markets have been in the news for all the wrong reasons over the last month. But even as the volatility captures the headlines, the increased cash, better access to Western markets and strategic imperatives have not gone away, and deals are still getting done. What's really happening, and what could it mean for your company? We'll turn to Corum's Chinese Advisory Board for their perspectives, and we'll also look at a deal we just closed with a Chinese buyer, selling gaming firm Digital Extremes to China's Leyou Technologies. Join us August 13 for all this, plus a look at the key deals, trends and valuations from the last month.
Gridley's Guide to Digital NY -- January 2012Linda Gridley
Gridley’s Guide to Digital New York is a unique and comprehensive report for investors, buyers and entrepreneurs looking for one place to quickly get up to speed on New York’s exciting, explosive digital ecosystem. In addition to this report, we have designed an “easy to use” website that lays out the information in this report (and more) in a fun, creative way. You can access this website from our firm’s home page, www.gridleyco.com, or at www.gridleydigitalny.com.
We decided to put together this report when we were out visiting companies and investors in May/June of 2011 and people starting asking us about all of the “digital momentum” in NY. There was a feeling that lots was going on, but people didn’t really understand just what “it” was and how extensive “it” was. Well, now we can tell you a few things about “it”:
Since 2006,
• There has been $8.4 billion of capital invested in Digital NY companies.
• While the total number of Digital NY private companies probably is well over 600, we have identified 374 to be included in this report. Companies in our report either have raised at least $5 million of outside capital or are prominent enough in the Digital NY scene to merit inclusion. The digital sectors we focused on are: Content, eCommerce, Marketing, Mobile, and Social.
• There are approximately 212 investors with a focused interest in Digital NY. This includes all stages – Seed, Early Stage, Growth, and Buyout – and includes local firms as well as firms with little or no physical presence in NY.
• There have been fifteen private companies that have raised over $100MM of capital (Fab.com, Fotolia, ZocDoc, Gilt Groupe, MongoDB, Appnexus, GrubHub Seamless, Foursquare, OnDeck Capital, Everyday Health, ideeli, Thing Daemon, Warby Parker, 1stdibs, Quirky) and 24 that have raised between $50MM and $100MM.
• There have been seventeen $100MM+ sale transactions of private Digital NY companies since January 2008 (Tumblr, Buddy Media, Mediamind, iCrossing, Admeld, Huffington Post, Webloyalty, About.com, Interclick, Hotjobs, Innovation Interactive, OMGPOP, Ziff Davis Media, Zagat, Behance Network, Register.com, and Answers.com).
Create the engagement your customer wants and the outcomes your business needs. We had this published behind an email wall, but now making it public for everyone.
DeFazio Communications IABC Heritage Presentation--PR on Steroids: How Contri...Tony DeFazio
The #IABC19 Conference just wrapped up in Detroit, and I had a great time leading a breakout session on the potential for Contributorships as a developing trend in the PR industry.
Contributorships are an important part of our client communications strategies at DeFazio Communications. Rather than pitching stories to the media and fighting for coverage, we establish our clients as regular contributors at major media outlets that their prospects read. This allows them to control the editorial agenda, the content, and the timing.
Compass, the self-styled tech-enabled brokerage, recently went public with a valuation of $6.5 billion. If you're in real estate, it's a business worth paying attention to. I'm pleased to offer all of my thoughts, observations, and insights on the recent IPO into a new (free) report!
For this paper, we interviewed some of the leading voices in the connected car industry to uncover some of the trends influencing the market, and what it might mean for the future of any business seeking to capitalize on this radical change in how we live and move. We examine how these changes are fundamentally altering the talent landscape in the industry, heralding the arrival of a new breed of executives to fill an evolving talent gap in the mobility sector; created by the convergence of the traditional automotive sector and a myriad of outside influences.
The Work Ahead: The Future of Business and Jobs in Asia Pacific's Digital Eco...Cognizant
Asia Pacific businesses are investing more in digital than their counterparts around the world -- and realizing far greater rewards, according to our recent study. There's more work to do, however, to seize the full gamut of digital opportunities.
The Center for An Urban Future has released a new report titled, "Small Business Success." The report is a blueprint for turning more of New York City's small businesses into medium-sized and large businesses. The centerpiece of the report is a series of 21 profiles of New York City-based small businesses that have managed to grow in recent years.
Tech M&A Monthly: China - What's Really Happening?Corum Group
The tumultuous Chinese public markets have been in the news for all the wrong reasons over the last month. But even as the volatility captures the headlines, the increased cash, better access to Western markets and strategic imperatives have not gone away, and deals are still getting done. What's really happening, and what could it mean for your company? We'll turn to Corum's Chinese Advisory Board for their perspectives, and we'll also look at a deal we just closed with a Chinese buyer, selling gaming firm Digital Extremes to China's Leyou Technologies. Join us August 13 for all this, plus a look at the key deals, trends and valuations from the last month.
Gridley's Guide to Digital NY -- January 2012Linda Gridley
Gridley’s Guide to Digital New York is a unique and comprehensive report for investors, buyers and entrepreneurs looking for one place to quickly get up to speed on New York’s exciting, explosive digital ecosystem. In addition to this report, we have designed an “easy to use” website that lays out the information in this report (and more) in a fun, creative way. You can access this website from our firm’s home page, www.gridleyco.com, or at www.gridleydigitalny.com.
We decided to put together this report when we were out visiting companies and investors in May/June of 2011 and people starting asking us about all of the “digital momentum” in NY. There was a feeling that lots was going on, but people didn’t really understand just what “it” was and how extensive “it” was. Well, now we can tell you a few things about “it”:
Since 2006,
• There has been $8.4 billion of capital invested in Digital NY companies.
• While the total number of Digital NY private companies probably is well over 600, we have identified 374 to be included in this report. Companies in our report either have raised at least $5 million of outside capital or are prominent enough in the Digital NY scene to merit inclusion. The digital sectors we focused on are: Content, eCommerce, Marketing, Mobile, and Social.
• There are approximately 212 investors with a focused interest in Digital NY. This includes all stages – Seed, Early Stage, Growth, and Buyout – and includes local firms as well as firms with little or no physical presence in NY.
• There have been fifteen private companies that have raised over $100MM of capital (Fab.com, Fotolia, ZocDoc, Gilt Groupe, MongoDB, Appnexus, GrubHub Seamless, Foursquare, OnDeck Capital, Everyday Health, ideeli, Thing Daemon, Warby Parker, 1stdibs, Quirky) and 24 that have raised between $50MM and $100MM.
• There have been seventeen $100MM+ sale transactions of private Digital NY companies since January 2008 (Tumblr, Buddy Media, Mediamind, iCrossing, Admeld, Huffington Post, Webloyalty, About.com, Interclick, Hotjobs, Innovation Interactive, OMGPOP, Ziff Davis Media, Zagat, Behance Network, Register.com, and Answers.com).
Create the engagement your customer wants and the outcomes your business needs. We had this published behind an email wall, but now making it public for everyone.
DeFazio Communications IABC Heritage Presentation--PR on Steroids: How Contri...Tony DeFazio
The #IABC19 Conference just wrapped up in Detroit, and I had a great time leading a breakout session on the potential for Contributorships as a developing trend in the PR industry.
Contributorships are an important part of our client communications strategies at DeFazio Communications. Rather than pitching stories to the media and fighting for coverage, we establish our clients as regular contributors at major media outlets that their prospects read. This allows them to control the editorial agenda, the content, and the timing.
Compass, the self-styled tech-enabled brokerage, recently went public with a valuation of $6.5 billion. If you're in real estate, it's a business worth paying attention to. I'm pleased to offer all of my thoughts, observations, and insights on the recent IPO into a new (free) report!
Soporte correspondiente al taller de "Empleo e internet" que tuvo lugar en el Centro Municipal de Empleo y Formación de Caravaca, organizado por la Concejalía de Empleo e impartido por tenredo.
Week 4 Learning ResourcesThis page contains the Learning Resou.docxcockekeshia
Week 4 Learning Resources
This page contains the Learning Resources for this week. Be sure to scroll down the page to see all of this week's assigned Learning Resources.
Required Resources
Readings
· Haag, S., & Cummings, M. (2013). Management information systems for the information age (9th ed.). New York, NY: McGraw-Hill Irwin.
. Chapter 5, “Electronic Commerce: Strategies for the New Economy” (pp. 126–156)
Enter your MyWalden user name: ([email protected]) and password (3#icldyoB1) at the prompt.
· Document:Week 4 Assignment Template (Word document)
· Document:Week 4 Discussion Template (Word document)
Management Information Systems for The Information Age
Haag, S., & Cummings, M. (2013). Management information systems for the information age.
New York: McGraw-Hill.
MANAGEMENT INFORMATION
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Define and describe the nine major· e-commerce business models .
. Identify the differences and similarities among customers and their perceived value of products
and services in the 828 and B2C e-commerce business models.
Compare and contrast the development of a marketing mix for customers in the 828 and B2C
e-commerce business models.
Summarize the various ways of moving money in the world of e-commerce and related issues.
Discuss some major trends that are impacting both the e-commerce business world and society in
general.
Global Perspective
Can You Name The Top 20 Web Sites?
• Exploring Google Earth
Industry Perspective • Learning about investing
The World of Facebook Now Includes a • Gathering competitive intelligence
Full Economy
• Researching storefront software
Industry Perspective • Finding hosting services
Google Ups the Ante in the Mobile • Gold, silver, interest rates, and money
Payments Market
• Free and rentable storage space
Industry Perspective • Small Business Administration
Crowds Create "Value" through • Global statistics and resources
Funding
XLM/B The World Wide Web and the Internet
Extended Learning Module B is a fast-paced tour of the Web and the Internet. The first focus is
on learning just enough about the Web to be an effective surfer. Then, explore the technology
infrastructure behind the Web that makes it all possible. Finally, conclude with an overview of
the options for connecting to the Web and the emerging life of Web 2.0.
XLM/E Network Basics
Extended Learning Module E provides an introduction to the vast, exciting, and dynamic field
of information technology networks. The module includes discussions of what is needed to set
up a small network at home, the components used to build large business networks, Internet
connection possibilities, types of communications media, and network security.
ectronic Commerce
ategies for the New Economy
TRAGEOUS INDUSTRY
NSFORMATION: ADVERTISING
OLLARS GO WH.
The Value of Signal (and the Cost of Noise): The New Economics of Meaning-MakingCognizant
It’s a new era in business, in which growth will be driven by finding meaning and insights in data. Recent research demonstrates what separates winners from losers and how to rise to the top as a "meaning maker."
Chris Gabriel, VP of Solutions Management at Logicalis Group, explores the world of ‘Big Data’, to look at the impact of ‘internet time’ on decision-making and the increasingly central role of business analytics in driving long term competitiveness.
Who we are - Social Business Technologies Consulting LtdSteven Tuitt
Overview of the Business Transformation services on offer from Social Business Technologies Consulting Ltd (Certified Management Consultants).
How can we help you today !
Explore Fall 2013 issue of IN Motion, a quarterly magazine offering articles on best business practices in the areas of finance, HR, technology and more.
DIGITAL LEADERSHIP: An interview with Saul Klein Partner with Index VenturesCapgemini
Saul Klein, Partner with Index Ventures
Saul Klein is a Partner with Index Ventures, one of the largest venture capital firms specializing in technology investments. Saul has 20 years of experience in building tech companies in both the US and Europe. He is the co-founder of Kano and Seedcamp; he also co-founded and was the original CEO of Lovefilm International, which was acquired by Amazon; and part of the original executive team at Skype, which was acquired by eBay. Capgemini Consulting spoke to Saul Klein to examine the disruptive impacts of startups and their implications for traditional incumbents.
Big Data; Big Potential: How to find the talent who can harness its powerLucas Group
Big Data is in its infancy but it holds great promise. The key to success is finding and keeping the talent with the skills necessary to obtain and analyze the data, ask the right questions, and present findings in a compelling fashion that makes sense for your organization.
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Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
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Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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1. Economic Gardening:
Using Information to Help Your Entrepreneurs Grow
Entrepreneurs create jobs and wealth, not economic
developers. From this realization, an entrepreneurial
approach to economic development called “economic
S P R I N G 2 0 0 7 Economic Development America 11 ★★★
By Christian Gibbons
Director of Business/Industry Affairs
City of Littleton, Colorado
How did we do it? A look at the context in which the pro-gram
originated would be a good place to start.
Born in a crisis
In 1987, Littleton was in a recession due to the oil bust.
Martin Marietta Aerospace, the community’s major employ-er,
also laid off several thousand employees that year. Nearly
a million square feet of commercial space was vacant, and
the downtown vacancy rate was approaching 30 percent.
The Littleton city council, concerned about the lack of
local power over the community’s future, directed city staff
“to work with local businesses to develop good jobs.” From
that simple charge, we set out on a journey to discover how
to build an entrepreneurial economy, thereon focusing all
our efforts on helping local companies grow.
Early on, the city made several significant policy changes:
1. We quit recruiting, cold turkey. In retrospect, it was the
most productive change we made. During the 1970s and
early to mid-1980s, we focused on recruitment and 4,000
jobs were created. In the following 18 years, 15,000 jobs
were created – nearly four times the previous rate, and
during a time period that included two recessions.
2. We were no longer concerned about being a low-cost
place to do business.We were not interested in businesses
that would move out as soon as the standard of living
started to rise or the incentives ran out.We were a
community with a highly paid workforce, scarce and
valuable land and a moderate (but not low) tax rate. Our
focus shifted to innovative knowledge companies that
would create new wealth.
3. After much discussion, we concluded that the only
real choice a community had was to grow its own
entrepreneurs, or try to get other communities’
entrepreneurs to come in and save them.We chose
the former as a smarter, more sustainable approach.
4. We then set out to identify the role of the public sector.
Over the years, we have identified at least three legitimate
roles: information, infrastructure and connections. From
these roles, the economic gardening program was born,
which is run by the city of Littleton’s Business/Industry
Affairs Department.
Providing competitive information to
high-growth companies
This article focuses primarily on the information component
of economic gardening – which also constitutes the majority
of the program – but the infrastructure and connections
pieces deserve brief mention. Building infrastructure is a
typical part of the public sector’s responsibility, and as a city,
we construct streets, water lines and sewer lines. However, we
also provide quality-of-life infrastructure (including parks,
trails in every major drainage channel, downtown beautifica-tion,
river preservation) and intellectual infrastructure
gardening” was created in Littleton,
Colorado, over 20 years ago. Since
that time, the city of Littleton has
not spent a penny on incentives,
while the number of jobs has dou-bled
(from 15,000 to 30,000); sales
tax revenues have tripled (from $6
million to $20 million); and the
city’s population grew 23 percent.
In addition to its economic gardening program, the city of Littleton,
Colorado, considers quality-of-life infrastructure — such as parks,
trails, and festivals like that shown above — to be integral to the
city’s economic development strategy.
2. CITY OF LITTLETON
Business/Industry Affairs
Geographic Information Systems
LEGEND
In addition to database capabilities, the city of Littleton has GIS expertise that enables it to plot
the locations of a business’s existing customers and map a color-shaded density pattern.
(working with colleges and universities to create courses and
training programs), which we consider to be key to economic
development as well.
Connections are not simply after-hours networking meet-ings.
For us, it is more structured activities such as
“Peerspectives,” a CEO-to-CEO roundtable for growth com-panies.
Research has shown that CEOs of high-growth com-panies
prefer to learn from other CEOs who are experiencing
growth issues.We also connect industry with academia in
organizations like the Colorado Center for Information
Technologies.
But it is the information component of the program
where we have developed high levels of competence that have
intrigued much of the country. In the late 1980s, we discov-ered
database services and the powerful world they unlocked.
Long before the arrival of the Internet, we were developing
database-searching skills to find new markets for high-growth
Littleton companies, to conduct competitor intelli-gence
on their behalf and to produce insightful industry
trend reports.
While the Internet continues to explode in its uses, it is
still inferior to database searching when looking for business
information.Whereas a typical search term on the Internet
might produce millions of hits, that flood of undifferentiated
information is of little use to someone looking for a specific
answer to a specific question. Database searching, while
expensive, drills deep in a specific area and provides a high
level of actionable information.
★★★ 12 Economic Development America S P R I N G 2 0 0 7
We subscribe to a number of servic-es
that provide wide ranges of business
information, including general business
portals such as Lexis-Nexis, Dialog and
Dun & Bradstreet, as well as lesser
known companies such as Plunkett (for
industry stats), SkyMinder (for infor-mation
on companies in nearly every
country in the world) and SRDS Direct
Marketing (which provides direct mar-keting
lists for everything from people
with psoriasis to people who shop at
Neiman Marcus). Each service has a
number of databases and each database
has a number of publications and even
more articles.We are able to sort
through literally hundreds of thousands
of highly related articles to find well-documented
answers for our customers.
Most businesses want targeted mail-ing
lists, which we are able to provide
quickly. Need a B-to-B (business-to-business)
list of all medical instrument
companies west of the Mississippi with
20 or more employees, sales of at least
$20 million and a growth rate exceed-ing
10 percent? We can provide that
within the hour, often with the CEO
name, address and phone number.Want
a B-to-C (business-to-consumer) list of
everyone who makes over $100,000, belongs to a PTA, drives
an SUV and reads Martha Stewart Living? You’d be talking
about the lifestyle known as “Turbo Boomers,” and we know
they are found only in select neighborhoods in nine major
American cities.
For a company that sells church furniture and supplies
nationwide, we developed a competitor intelligence report
that identified 15 major competitors, noted their sales levels,
number of employees, business strategy, financial stress rat-ing
and their D&B Paydex rating (how late they paid bills).
We analyzed competitor Web presence, their page rank on
Google and how long they had been in business.We identi-fied
key opportunities and threats for each competitor, such
as companies that were struggling due to big box competi-tion,
mission statements that focus on social values, slow-loading
Web sites and whether they were associated with a
major church denomination.
Another example of information assistance is the industry
trend report we prepared for a biometrics company. (The
biometrics industry identifies fingerprints, iris scans, walking
gaits, facial features and other biological markers that make
positive identification for security purposes.) Since the ter-rorist
attacks of September 11, 2001, this industry has
exploded – but as we found out, it was also fairly disorgan-ized.
Common standards don’t exist, and office buildings
were having so much trouble with fingerprint readers they
had to abandon the system. Still, the U.S. government
intends to collect biometric data for every visitor who enters
the country, and this alone will create a huge industry.
3. S P R I N G 2 0 0 7 Economic Development America 13 ★★★
In addition to database searching, we have GIS expertise
that enables us to plot the locations of existing customers and
turn that map into a color-shaded density pattern. At the
retail level, we can plot competitor locations and draw trade
area circles to see where overlaps and gaps exist. For many
local businesses, we can create expenditure patterns for sever-al
hundred consumer products, ranging from computers to
clothes to cars.We can tell you how much ketchup is bought
in the neighborhood next to you, should you want to know.
More recently, we have developed expertise in search
engine marketing, which increases the visibility of a Web site
in the results pages of search engines such as Google and
Yahoo.We have tools to determine the number of people
using a specific search term and the number of sites that
have that term.We can analyze Web sites to determine if they
are optimized for search engines. If you have “frames” or
“flash” on your home page, for example, you are invisible to
the search engines – no matter how much you paid for the
site’s development.
Not just another name for business retention
There are numerous business assistance programs, run by
organizations from the SBA’s Small Business Development
Centers to local chambers to city economic development
offices. But we believe that several characteristics distinguish
economic gardening from traditional business assistance
programs:
• Growth, not movement: Both recruiting and business
retention programs focus on movement – moving a busi-ness
in or keeping a business from moving out. Economic
gardening, on the other hand, is about tools and concepts
that support entrepreneurial growth, not movement.
• Cutting-edge tools: Economic gardening uses high-level
corporate tools that small businesses don’t typically use,
or may not even know exist. It should be noted, however,
that economic gardening is not the tools themselves; it is
an approach to economic development through the sup-port
of entrepreneurial activity. The tools we use in our
program today are not those that we started with 20 years
ago and they will probably be different still in another 20
years.
• Cutting-edge theories: The business world is flooded
with “flavor of the month” business concepts and new
books with the latest examples of winning business strate-gies.
Our focus, however, is fundamental theories that
affect businesses, people and economies in all times and
situations, not just this month. Visit our Web site, men-tioned
at the end of this article, for more information on
how we incorporate leading thinking in areas such as
complexity science, network theory, technology adoption
curves and more into our work.
• Open source: Many people contribute to the conversation
about an entrepreneurial economy. “Econ-dev” is an
Internet mail list run by the City of Littleton for discus-sion
about economic gardening. Over 600 participants
use the list to debate ideas and theories, to uncover new
research and to post requests for help from other profes-sionals.
Like the computer operating system Linux, the
value of an “open source” idea is distributed intelligence.
Many people are working on the problems and issues of
an entrepreneurial economy and are constantly contribut-ing
better tools and theories.
• Best practices: How do we make sure we are using the
best cutting-edge tools without opening up the entire
program for every ephemeral idea that comes along?
Under the best practices concept, there is a certain
amount of seasoning that must occur before newer ideas
enter the arena. At the same time, best practices allow
necessary adaptation to changing markets, ideas and
tools, and keeps economic gardening from ossifying.
• Entrepreneurial organization: In economic gardening,
the support organization must reflect the entrepreneurial
companies with which they work. Both are fast and inno-vative,
quality conscious and customer-service driven. In
picking staff for an economic gardening operation, pas-sion
for entrepreneurship is the overriding factor.
When it comes to growing jobs, economic gardening may
not be the right approach for every community. But in 20
years of developing the concept and putting it into practice,
economic gardening has grown an impressive track record of
success in Littleton, and we see more and more communities
using the approach to foster the development of high-growth
companies. By no means have we solved the economic devel-opment
riddle, but we are confident that two things –
increasing connections and the flow of information to grow-ing
entrepreneurial companies – are key. ★ ★ ★
More information about economic gardening is available on the
City of Littleton Web site at
http://www.littletongov.org/bia/economicgardening/default.asp.
Note the list of databases and GIS datasets, and the “Free and
Low-Cost Resources” PDF document. Questions can be directed
to Chris Gibbons at cgibbons@littletongov.org.
In economic gardening,
the support organization must
reflect the entrepreneurial
companies with which they work.
Both are fast and innovative,
quality conscious and
customer-service driven.