greene county business connections 2010
TRANSCRIPT
Greene County
E-Synchronist2010 Leading Employer Report
“Business Connections”
September 2010For Greene County Development Corporation
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What is “Business Connections”
A Business Contact Program ExplainedThrough Four (E’s)
–Engaging – build relationships face-to-face
–Educational – community leadership informed
–Effective – get beyond “surface” issues
–Electronic - analyze and measure 2
Why Do We Do This?
• Business Retention & Expansion (BR&E) – SAVING jobs helps CREATE jobs
• Business Recruitment – Complementary Industries– Testimonials – emphasize our strengths– Positioning – overcome our shortcomings
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Who is Involved?
• Staff– Ken Paxton, GCDC Exec. Director– Jason White, Midwest Partnership Exec. Dir.– Michael Cooley, Midwest Partnership Econ.
Development Coordinator– Jessica Trecker and Sarah Gomez –
coordinated on arranging schedules and setting meetings
• GCDC & Midwest Partnership Board– 13 individuals attended visits, took notes,
asked follow-up questions4
Timeline
• July– Letters Sent to Employers Explaining Process– Story of Project Reported by Local Media to
Inform Public
• August-September– Employer Visits– Data Entry
• September (and beyond)– Present Findings– Perform Follow-up and Set Action Steps 5
Makeup of Employers• 23 Employers, Mostly Primary Sector,
Determined to Provide a “Significant” Economic Impact to Area
• Total employees: Approx. 1,277 FTE equiv.
• Company with fewest employees: 1 (3 in 2010)
• Company with most employees: 216 (220 in 2007)
• 8 employers visited who were not visited in 2007 6
Makeup of Employers (cont.)
• Jefferson companies = 15
• Non-Jefferson based companies = 8
• Business Sector Mix– Advanced Manufacturing– Agriculture/Forestry/Minerals– Building & Construction– Consumer Goods Producer– Energy & Energy Utilities– Durable Goods Producer– Government– Health Care
– Industrial Goods– Retail Related Operation– Technology/Information– Telecommunications
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Expansion Plans (next 3 years)2004
• 63% of CEO/Mgrs interviewed indicated expansion plans
2007
• 62% of CEO/Mgrs interviewed indicated expansion plans
2010
• 69.5% of CEO/Mgrs interviewed indicated expansion plans
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Planned Expansions
2007
• Est. dollar investment: $15.9 million
• Est. new jobs: 182 (14% increase)
• Est. new square footage: 83,750
2010
• Est. dollar investment: $24.6 million
• Est. new jobs: 204 (16% increase)
• Est. new square footage: 85,0009
Status of Key Product/Service (18 answers)
Where is the company’s primary product/service in its life cycle?
• Declining = 0%
• Maturing = 39%
• Growing = 56%
• Emerging = 5%10
Greatest Achievement (examples)
• Remained profitable in a down economy• Increased technology• Large overseas customer order of product• International accreditation• Changed focus to meet the changing market
demand of current economic times• Completed multi-million dollar expansion• Employment growth• Diversified into other products by acquiring
another company
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Workforce Challenges
2004• Recruiting: 81% of companies reported having
recruiting problems • Responsibility: 31% say it is a community problem,
37% industry issue, and 32% DNA or said both
2007• 66% of companies reported having recruiting
problems• 33% say it is a community problem, 43% say industry,
19% both, 1 DNA12
Workforce Challenges (cont.)
2010
• Recruiting: 52% of companies reported having recruiting problems (-14% from ‘07, -29% from ‘04)
• Responsibility: 39% say it is a community problem, 39% industry issue, and 22% DNA or said both (consistent with past)
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Workforce Evaluation
2007
• Productivity (5.58)• Stability (4.7)• Quality (3.86)• Availability (3.6)
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2010
• Productivity (5.56)• Stability (5.5) • Quality (4.9)• Availability (4.76)
Assistance Follow-Ups:
• Have already identified 67 follow-up issues
– Specific issues
• Need a building for expansion• Need training assistance• Need to find workers
– General issues
• Four-Lane Highway 30• Create more child care options
• Need to categorize, prioritize, and assign 15
Future Information (examples)
Legislation
Community strengths, weaknesses, and barriers
Exporting
Research & Development
Follow-up16
Thank You!2010 Leading Employer Report
“Business Connections”
September 2010For Greene County Development Corporation
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