Strengthening the SWOT: Identifying & Understanding Regional Strengths, Weaknesses, Opportunities, & Threats

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Strengthening the SWOT: Identifying & Understanding Regional Strengths, Weaknesses, Opportunities, & Threats Monday, September 14 ~ 2-3 p.m. ET A NADO Research Foundation Webinar Supported by the Economic Development Administration (EDA)

NADO Research Foundation Founded in 1988, the NADO Research Foundation is the nonprofit research affiliate of the National Association of Development Organizations (NADO). Shares best practices from small metropolitan areas and rural America through training, peer exchange, research, and other capacity-building activities. Focus Areas: Economic Development Organizational Support Rural Transportation Sustainable Communities Regional Resilience

NADO s Resilience Program Association of Central Oklahoma Governments The NADO Research Foundation, with support from the Economic Development Administration (EDA), provides capacity-building services to RDOs and local governments to foster regional resilience to natural disasters and other economic shocks and disruptions. Multiple trainings and resources available on the updated CEDS content guidelines. We make our resources and lessons learned available to the public visit www.nado.org or contact sjames@nado.org. Eastern Carolina Council of Governments

Our Mission Today s Webinar Dave Ives, Sustainability/Planning Coordinator, U.S. Economic Development Administration (Washington, DC) Brian Kelsey, Economic Development Consultant, NADO, & Principal/Founder, Civic Analytics (Austin, TX) Jennifer Pellechio, Deputy Director, Southwest Florida Regional Planning Council (Fort Myers, FL)

Our Mission Webinar Logistics Please type any questions you have for the speakers in the question box on the side panel throughout the presentation. The webinar is being recorded and will be posted along with the PowerPoint slides on the NADO website at www.nado.org. We have applied for 1 AICP CM credit for this webinar. Please contact Sara James at sjames@nado.org if you have any questions after the presentation.

Dave Ives, AICP Sustainability/Planning Coordinator Economic Development Administration U.S. Department of Commerce dives@eda.gov

CEDS CONTENT GUIDELINES Good planning is critical for resiliency. Comprehensive Economic Development Strategies (CEDS) serves as an important mechanism to help regions identify vulnerabilities and withstand or recover from disruptions. In January 2015, EDA published new CEDS Content Guidelines that encourage communities to incorporate resilience into their long-term economic development plans. Guidelines on EDA s website: www.eda.gov/ceds To enhance regional resilience, EDA suggests regions implement steady-state initiatives and responsive initiatives. Integrating resilience into the CEDS can take multiple forms. David R. Ives, AICP, Sustainability/Planning Coordinator Economic Development Administration, US Department of Commerce dives@eda.gov 7

SWOT AND THE CEDS Key CEDS content recommendation: link the sections. SWOT component is critical...and should address a wide-variety of applicable regional attributes and dynamics. Identification of assets and vulnerabilities within the SWOT is foundational to establishing resilience. Check out the Regional Innovation Accelerator Network (RIAN) at http://www.regionalinnovation.org/assets.cfm for suggestions on identifying and measuring asset categories. David R. Ives, AICP, Sustainability/Planning Coordinator Economic Development Administration, US Department of Commerce dives@eda.gov 8

Brian Kelsey Economic Development Consultant, NADO Principal/Founder, Civic Analytics (Austin, TX) brian@civicanalytics.com

10 Strengthening the SWOT Identifying, Understanding, & Communicating Regional Strengths, Weaknesses, Opportunities, & Threats There is no one right way just make sure it s inclusive process Should balance EDD research findings & stakeholder input Integrate in CEDS no orphan SWOTs

CEDS CONTENT GUIDELINES How are the CEDS Content Guidelines structured? 1. Overview 2. Content Summary Background SWOT Analysis Strategic Direction/Action Plan Evaluation Framework Economic Resilience 3. Format 4. Preparation 5. Equivalent/Alternative Plans 11

SWOT is critical for positioning EDD for successful CEDS implementation 12 Greater Portland-Lakes Region Economic Development Action Plan 2014-2018 Vision statement Call(s) to action Trend analysis SMART goals Strategies Collaboration & alignment Shared regional accountability Planning Framework Stakeholder Engagement

13 Call to Action http://seveds.com/wp-content/uploads/2012/08/finalcedsreport.2013.pdf

CEDS CONTENT GUIDELINES 1. Linking the sections to improve the CEDS focus and measurable impact Elements of the CEDS content should build upon and/or shape each other to result in a coherent, targeted document -- SWOT section is key The demographic data in the summary background section should be limited to those items and key findings that are relevant to the SWOT The strategic direction and associated action plan should logically flow from the critical internal and external factors that speak to the region s assets and limitations (as identified in the SWOT) and its role in capacity building The evaluation framework, with its associated measures and timelines, should cascade from the strategic direction (and its measurable objectives) and action plan which in turn flow from the initial SWOT analysis 14

EDA Guidelines Plan Outline 15 Vision Statement Call to Action SMART Goals Strategies Actions Why What How Summary background & SWOT analysis Evaluation framework Strategic direction & action plan

Call to Action SMART Goals 16 http://seveds.com/wp-content/uploads/2012/08/finalcedsreport.2013.pdf

17 SMART Goals http://seveds.com/wp-content/uploads/2012/08/finalcedsreport.2013.pdf

18 Performance Metrics Matter http://www.nado.org/performance-metrics-matter/

19

20 Source: Southwest Alaska Municipal Conference

21 Creating Resiliency SMART Goals: SWFRPC Example

Jennifer Pellechio, MBA Deputy Director/Economic Development/Grants Manager Southwest Florida Regional Planning Council (Fort Myers, FL) jpellechio@swfprc.org

SOUTHWEST FLORIDA REGIONAL PLANNING COUNCIL 9/14/2015 facilitated by Jennifer Pellechio, MBA Southwest Florida Regional Planning Council

Economic Development District Since 1992 Big Issues.Real Solutions Building Prosperity, High Paying Jobs, Vibrant Communities and Global Competitiveness

Timeline 2014 Spring Awarded Technical Assistance by NADO April CEDS meeting with NADO presenting Technical Assistance Resiliency Section of CEDS June Extensive Research data collection July 25, 2014 SWOT CEDS committee meeting August Staff worked on Outline September Annual Update DUE for the CEDS 2015 January CEDS Committee Reviewed Outline Spring Goals/Objectives/Action Items (Projects) Summer Draft CEDS Chapter on Resiliency September 30th Submit to EDA CEDS Committee meets quarterly January, April, July, October

AGENDA FORMAT

DATA ANALYSIS BRIEFING

SWOT ASSESSMENT Key points addressed by CEDS Committee: Disaster Economic Base Diversity Business Resiliency For Tourism Industry Post Disaster Communication/Marketing Distributing growth to benefit all areas Short Term versus Long Term Local Economies Building economies for each jurisdiction Transportation Diversification Big recent gains in information industry Need workforce training Research for gaps analysis

Implementation GOALS: Enhance the quality and quantity of Southwest Florida workforce. Diversify the Southwest Florida Economy IMPORTANT PROJECTS: Workforce housing implementation plan Conduct a Medical Manufacturing supply chain and capital access study with Tampa Bay. Explore partnering with South FL and Tampa Bay, creating a medical manufacturing corridor.

CONTACT Jennifer Pellechio Deputy Director/Economic Development/Grants Manager 239.338.2550 ext. 218 jpellechio@swfprc.org For more information please contact us at: socialmedia@swfrpc.org Youtube.com /SWFRPC twitter.com/ SWFRPC facebook.com /SWFRPC linkedin.com /in/swfrpc www. swfrpc.org

Questions? Please type your questions in the question box on the side panel of your screen. Speakers: Dave Ives, Sustainability/Planning Coordinator, U.S. Economic Development Administration (Washington, DC) Brian Kelsey, Economic Development Consultant, NADO, & Principal/Founder, Civic Analytics (Austin, TX) Jennifer Pellechio, Deputy Director, Southwest Florida Regional Planning Council (Fort Myers, FL)

Questions? The recording of this webinar, along with the PowerPoint slides, will be made available on our website www.nado.org. The page also includes the recording and slides from our first installment on aligning regional planning efforts. NEXT UP: Wednesday, September 30: Measuring Your Progress: The Importance of Performance Metrics Thank you for joining us!