Developing Your Vision and Goals Module Four
Welcome to SET Module 4 Introductions: Your name The organization you represent A lesson you have learned about writing Goals
Reviewing Our Journey Who have you talked with about SET and what was the result of your conversation? Do you have any questions or comments about the handouts from last session? What was your take-home message from the Carson City Workshop?
PARKING LOT GROUP GUIDING PRINCIPLES
Something to Think About Vision without action is a daydream. Action without vision is a nightmare. Japanese Proverb
Outline of Module Four What s This Thing Called Vision? Features of a Strong Regional Vision Statement Developing a Vision Statement for Your Region Building a shared vision: A step-by-step process Elements of Good Regional Goals
What s This Thing Called Vision? Vision is the art of seeing the invisible Jonathan Swift Describes the future situation you want to achieve Responds to these key questions: What do you want your region to be? What are your dreams for the region?
The Words of a Famous Coach All the great leaders have been people of great vision, men and women able to provide insight into what is possible. Vision is your view of the group s future, the place you want to be after the transformation is complete. For the people you are leading, vision is their belief in the overall game plan, their belief that this plan is in their best interest. Without this, all your dreams, all our ideas, can easily be derailed. Rick Pitino (2000). Lead to Succeed: 10 Traits of Great Leadership in Business and Life
Features of a Strong Vision Statement Focuses on the future Relevant for many years Vision Statement of a Regional Team Gives shape and direction to the future Inspires people, groups, communities Highlights its purpose and values Source: Killam, D. (2003)
Building a Shared Vision: A Step-by-Step Approach Determine the Focus of Your Vision Statement Your Regional Team? Economic Development? Quality of Life? Seek Input on Hopes/Aspirations for the Region Your Team Key Leaders and Groups Diversity of Residents Determine Common Themes then Prioritize Determine which themes to keep Remove less relevant ideas Draft a Vision Statement from the Key Themes Share draft with others and seek input Finalize Your Vision Statement Source: Mind Tools, LTD (2011)
Let s Try It! VISION STATEMENT: WEEDC will be the business-driven, business-led organization focused on creating prosperity and recognized for generating economic value and a high quality of life throughout the Windsor-Essex Region. Key elements What s the focus or main theme? Your comments What are the hopes and aspirations? Does it focus on the future? Does it express purpose and values? Does it inspire? Is it relevant for many years?
Group Activity: Developing a Vision Statement
Steps in Building a Vision Statement 1. Each Person Reflect on the Following (5 minutes): What does this region look like in 20-30 years? How and where do people live? What do they do for work? What are your hopes/aspirations for the region? 2. In Small Groups Share Your Ideas (10 minutes) Discuss ideas; determine common themes; agree on key ideas/themes most important for your region or for your group s work 3. Report Your Small Group s Key Themes with the Whole Group (8 minutes) Identify common themes and opportunities; select most important themes and opportunities 4. Develop an initial draft of a vision statement (10 minutes) or assign to a Vision Statement Committee Source: Adapted from The Power of Appreciative Inquiry 2 nd Edition. Diana Whitney and Amanda Trosten-Bloom (2010)
Lunch Sponsored by
Valley Vision Mission: To shape regional solutions through civic engagement Civic leadership at a regional scale Action Tank a vast network of people and organizations working to secure the social, environmental and economic health of the Sacramento region Serves as regional convener and connector
Valley Vision The Bridge does collaborative planning, objective problem solving, impartial research and information for sound decision-making Helps people and groups create proactive solutions Is inclusive Measures progress
Valley Vision Project Portfolio: Next Economy: Capital Regional Prosperity Plan Regional Food Access Project: Food System Collaborative Capital Region Broadband Consortium Green Capital Alliance Cleaner Air Partnership Sustainable Communities: with COG 2013 Community Health Needs Assessment
Next Economy: Economic and Political Drivers 145,000 jobs lost since the peak in 2007 12.8% unemployment rate currently Sacramento has the 6 th highest level of foreclosures Since September, 4,000 net job loss Sacramento MSA rates 32 our of 366 metropolitan regions in Gross Metropolitan product at $92.87B. In terms of growth, Sacramento ranks number 345
Economic Forecast: Economic forecasts indicate a regional recovery is years away Waiting for political leaders in Washington, D.C., or the State Capitol to take effective action is expected to be a long wait Discord at the Capitol on who will spearhead efforts to drive job creation and business growth is forcing statewide groups and regional leaders to lead from the bottom s-up
Who is at the table: Leaders from Valley Vision, the Metro Chamber, SACTO, and SARTA sparked Next Economy SACTO Marketing and business recruitment Metro Chamber Business retention & expansion SARTA High tech business support Valley Vision Economic strategy, project manager Key Partners: Higher Education*; utilities; WIBs; business and their leaders; local governments, labor, and many others
Next Economy deliverables: 1. Increased jobs and new investment 2. Completion of a set of regionally-activated job growth and investment strategies 3. Creation of new partnerships or joint ventures that will execute our Next Economy strategies and actions 4. Strategies and actions will be deeply integrated within partnering agencies and organizations work plans and championed by their leadership 5. Completion of the Region s first-ever region-wide CEDS 6. Creation of better linkages between our region and the State of California Bill Mueller Valley Vision
Sponsors: Next Economy is sponsored by:
The structure: Working Groups Leadership Group Steering Committee Strategy Committee Industry, Higher Education; Utilities; WIBs; business associations; local governments, labor, and many others
2012 Cluster Focus Areas: Initial Focus: Agriculture & Food Advanced Manufacturing Information & Communications Tech Life Sciences & Health Services Clean Energy Technology Bill Mueller Valley Vision
2012 Cluster Focus Economic Foundation Clusters: Education & Knowledge Creation Knowledge-Intensive Business & Financial Services Innovations Areas: Bill Mueller Valley Vision
Work Group Structure: F&A #1 AM #2 ICT #3 LS&HS #4 Innovations Global Markets WG WG WG WG Regional Identity Small Business
Work Group Objectives: Data Review: Determine what business or industry types make up and define the cluster Inventory Assets: Identify existing assets so that we capitalize on key strengths Needs Assessment: Determine what s missing and what barriers to be overcome that would bring additional investment or new job creation. Key Strategies: Surface short-, med- and longterm catalytic strategies that will grow the cluster, then prioritize in terms of ROI contribution.
Stay Connected:: Sign up for news and updates at www.nexteconomycapitalregion.org
THINKING OF OUR DESTINATION: BEING SMART!
GENERATING IDEAS OF POSSIBLE REGIONAL GOALS
Let s Brainstorm Some Ideas Rules for Brainstorming: No ideas are bad. Don t get bogged down in detail. Consensus is not necessary at this point.
Goals: The Result of Careful Study Past History Workforce Skills Barriers Regional Assets Economic Strengths Population Features Regional Goals
A Goal is a... Dream with a Deadline It is an observable and measurable end result having one or more objectives to be achieved within a certain timeframe. Source: BusinessDirect.com
Developing a SMART Goal Vague Goals = Vague Results Prepare a goal that s crystal clear, concise: SMART!
SMART Goals Specific State clearly WHAT your team wants to achieve. Indicate WHY this goal is important. Specify WHERE you intend to focus your efforts. Measurable HOW do you plan to measure progress toward the goal? Define both the end result and milestones you want to achieve along the way. Be concrete. Attainable Determine if your team has the resources (people, financial, political, time, skills, motivation, etc.) needed to achieve the goal. Realistic The team must truly believe the goal can be accomplished. Be honest about what the team is able to pursue. Time Framed WHEN do you want to achieve your goal? Decide a target date for accomplishing your team s goal. Source: Heathfield, S.M. (2011)
Example of a SMART Goal Goal 1: Increase the survival rate of new business start-ups (less than 5-years-old) from 50% to 75% in the Big Coast Region by Dec. 2014 Goal 2: Establish a public/private funded business incubator center in the Big Coast Region by Dec. 2013; House 15 business incubator firms in this center by Dec. 2015
Is this Goal SMART? GOAL: Develop a business environment that encourages entrepreneurs and supports emerging entrepreneurs through training and shared marketing efforts Specific Measurable Attainable Realistic Time Framed REVISION OF THIS GOAL? Write Your Comments Below
PRACTICE! Makes perfect Helps us structure our thoughts about the foundations of regional success (economic foundation clusters, to speak Valley Vision!) Directions: Each table - Select one of the Key Features of a Successful Region and draft a SMART goal for it
Key Features of Successful Regions Competitive Advantage Infrastructure Investments Worker Skills Cross Jurisdictional Collaboration Global View Assessment of Current Strengths/Limitations Flexibility/Adaptability Comprehensive Approaches
Table Report Outs Note we will keep your work in case the Regional Team decides to incorporate one or more of these goals into the final Regional Plan
WHAT S YOUR GOAL AS A REGIONAL ORGANIZATION?
How about: Complete SET with a plan that does not collect dust! What kind of plan will have buy in from the other implementers back home and within the region? What actions need to happen now for such a plan to result?
Final Reflections What did you find most helpful and valuable in this module? Are there any items that need to be clarified?
Homework Ideas Ask 2-3 locals for reactions to the vision statement See if your goal as an organization needs to be fine-tuned Other items?
What s Ahead Module Five: Tuesday, May 8 1:00-5:00 PM Minden Examine a variety of regional data: Population Education Workforce Social More
What s Ahead Module Six: Wednesday, May 9 8:00-Noon Minden Basic concepts of competitive advantage Approaches to analyzing regional connections Tools and data for detecting regional competitive advantage Strategies for building stronger regional economies
Broadband Basics: The 101s of Technology, Access & Adoption WHEN: April 25th - 9:00 a.m. to 12 Noon WHERE: Dayton Valley Golf Club 101 Palmer Dr. Dayton, NV. 89403
Next Meetings: Wednesday, April 25 9:00 Broadband Workshop Dayton Valley Golf Club Tuesday, May 8, 2012 1:00 PM Module 5 Wednesday, May 9, 2012 8:00 AM Module 6 Carson Valley Inn, Minden