Planning your direction LOOKING AHEAD is essential

1
(No Transcript)
2
Planning your direction(LOOKING AHEAD is
essential!)
3
Focus(Know the obstacles and where they are!)
4
Application of Knowledge(shortcuts or
one-way/one group vision )
5
Thoughts of Wisdom!

• If you Fail to Plan you better Plan to Fail!
• Obstacles are those frightful things you see
  when you take your eyes off your goal. Henry
  Ford (1863-1947)
• To get to where you are going you must first
  know WHERE you are going second, PLAN you course
  and then DO IT.

6
What is Collaboration? .

• Webster defines as
• the act of working jointly especially in a
  joint intellectual effort
• Some synonyms
• Alliance -- Aid -- Coalition Fusion
• Cooperation Harmony Society
• Combined Effort Helping Unity
• Partnership Reciprocity Synergy
• Teamwork Participation Playing Ball

7
Collaboration (from Local to Micro - Regional
Level)

• Breaking Down Walls
• (Local)
• Age Groups (Youth vs. Elderly)
• Groups (non-organized)
• Organizations
• School districts
• Hospitals
• Businesses (seeing competition between
  themselves)
• City governments/officials
• County offices/officials
• Federal offices serving local

8
Collaboration (from Local to Micro - Regional
Level)

• Breaking Down Walls
• (Micro - Regional)
• Economic Development
• Chambers
• School districts
• Hospitals
• Businesses (seeing competition between
  themselves)
• Towns
• Counties

9
Challenges to Collaboration

• Rural Local levels (there are
  always some exceptions!)
• Understanding
• Impact
• Communication
• Trust
• Competitive Walls
• Continual Awareness and Input
• Apathy
• Busy ness of leaders
• Reluctance to release control by leaders
• Micro-Regional level
• (thinking about the big picture!)
• Same as above
• Emphasis put on
• Trust
• Understanding
• Communication

• Reasons for challenges
• (What local groups/individuals are
  thinking)
• Let me know or have input on the plan!
• How will this help me?
• Explain and update me!
• We dont know you, the plan, and (whats in it
  for you, organization, or city)
• We just never have and never will! .. Or they are
  our school rival (town chimes in)
• We want to be kept informed and feel know we
  are part of the TEAM!

10
Must Haves!...(for collaboration to work at a
local level)

• Trust
• This applies to all levels but especially to
  leaders of county, cities, organizations,
  businesses.
• Local Key Person
• Represents an organization / group of which puts
  all the pieces and people together for the common
  vision and growth of county
• Director/Manager of E.D. group or chamber
• Person must be full time, educated in field
  paid their worth
• Must be a positive, up-to-date on most info and a
  good communicator
• Equal participation
• This should be an understood principle. Invite
  your friends into the vision, ask for input.
• Education
• Constant Repetitive
• Back to the Basics (especially on economic
  development and the long-term vision)
• Communication
• Willingness by leaders and residents to
• Work for the vision
• Open to needed changes (even if they are tough
  resulting in controversy)
• Risk being different
• Deal with false info, rumors, or negatives
  immediately, fairly, kindly

11
Big Picture!!

• Its not about ME
• Its about US TEAM!
• Reciprocal What affects us affects you, and
  what affects you affects us.
• webster felt on both sides
• Team a group on the same side looking after the
  whole
• webster a group organized to work together

• What are the four main areas of economic
  development?
• Recruitment
• Expansion
• Creation
• Develop Community
• (why? So employees / owners of businesses
  WANT to move to, live in, stay, and encourage
  others for you to live here!)
• Networking
• Communication Education

12
Where is Phillips County?
13
Phillips County

• Statistics
• 6001 people 2496 households
• 10 towns
• Median Household Income -- 35,013
• 31 of businesses owned by females
• Over the last 20 years the equivalent of a
  family of 5 each month has left our county
• One of two counties in the N.C. part of Kansas
  migrating employees into county to work

• Economic Facts
• 11 new mid to smaller entrepreneur businesses
  established last year
• Regional SRS 22 retained
• PHAE ethanol a 57 M entrepreneurial business
  to employ 36 to 40
• Multiple local businesses expanding with
  employment opportunities across the board
• Nex-tech (30)
• Brooke Corporation (40 50)

14
Phillips County Economic Development, Inc. (PCED)

• Not-for-profit
• Created in 1971
• 10 member volunteer board
• 2 bankers
• 1 farmer/rancher
• 2 large Corp. Reps
• 1 foundation Rep
• 4 entrepreneurs
• Full-time Director
• Since Nov 2002
• Diverse/Pro-active
• Private Funding
• Grants
• Business support

15
Collaboration Projects - PCED

• Started Brooke Corp. in our incubator space
  began with 17 employees and now has over 100 and
  still hiring
• Sold stock to regional businesses to help get
  business expanded
• Over 65 of businesss employees come from
  outside our county

16
(Entrepreneurial Center) Our solution .. For
Rural Entrepreneurs

• Aspects of Center
• Video Conferencing
• Base Curriculum
• Mentoring
• Incubator Building
• Venture or Optional Funding
• Facilitator (EC Director
• Networking (ED Director)

17
Solomon Valley Regional Entrepreneurial Center(a
collaborative effort and project)

• How did it start?
• Started as a PCED vision
• Project started in 2002 and developed over first
  year in 2003
• Collaboration of vision with WSU
• Initially all support came from
• Local foundations
• Local business
• Some Support now coming from WSU through Center
  of Entrepreneurship funds
• Some Marketing Networking now assisted by RCD
  (Solomon Valley)

18
Entrepreneurial Center(continued)

• Center now utilized for!
• Entrepreneurial Classes (WSU)
• Business Planning Classes 27 hrs
• Business Growth Classes 27 hrs
• Computer Classes (Mortensen)
• Quicken
• Digital Camera
• Web Design
• Other classes need by business (catered)
• Foundation Establishment (Dr. Udell)
• Grant Writing Training (Dr. Udell)
• Research Center for Grants
• Software library utilized by 8 surrounding area
  counties and Nebraska
• Youth Preparation and Information
• Training HS Seniors for Interviews
• Updating and Informing Seniors on E.D. and
  Entrepreneurship through examples and mentors

• Some of the Results!
• 7 new local (county) businesses created with 26
  part or full time employees
• 5 new regional (out of county) businesses created
  
• 2004 fall business planning class (full)
• 20 people (representing 35 out of county)
• 2005 spring business growth class (full)
• 26 people (representing 45 out of county)
• One quicken class taught, with 2 scheduled and
  full
• One Digital class taught, with 1 more scheduled
• 36 individuals signed up for web design class
• First to be held in May or June
• Grant for web software (waiting on)
• 4 new foundations created
• 2 county wide foundations
• 2 regional (multi-county) foundations
• A newly sparked interest in entrepreneurship
• More groups and businesses becoming creative and
  looking at alternative ways to grow, expand, or
  improve their community and its residents
• An atmosphere of entrepreneur growth and
  excitement
• An atmosphere of teamwork developing again!

19
Prairie Horizon Agri-Energy, LLC(Ethanol Project)

• This is a 57 million dollar entrepreneurial
  business project. Started by the vision of PCED
  to create a primary business for our county, and
  is becoming a benefit to the entire region.
• Approximately 55 of equity came from outside our
  county.
• When construction begins construction workers
  will come from entire region.
• Permanent employees will be from the region.
• Supplies of grain for the project will be from
  the region and an assist farmers and ranchers
  outside our county.
• Although located in Phillips County this
  business will have reciprocal effects that will
  benefit the region!

20
Local Collaboration

• The FTK Project managed by the Phillips
  County Development and Community Foundation
• Approximate 300,000 dollar playground facility
• 150,000 raised in county for project
• Other half is in-kind donated labor
• Individuals, businesses, and other foundations
  all helped across the board even though project
  located in Phillipsburg.
• Start of construction April 14 finish date
  April 19
• Teamwork! working together
• (Picture on immediate left is sample of another
  project, not our project)

21
Review!

• Collaboration is
• Working together common vision
• Challenges
• Impact
• Communication
• Trust
• Competitive Walls Continual Awareness and Input
  (to those impacted)
• Apathy
• Busy ness of leaders
• Reluctance to release control by leaders
• Must haves
• Trust
• Key Person
• Key Organization
• Equal Participation
• Education
• Communication
• Willingness

22

• What is your perception of economic development
  in your area?
• What was the latest E.D. project in your county?
• If you could name one person to send a visitor to
  start a business who would it be?
• Collaboration is key to the future success your
  county .. Is it happening?

23
What is Excellence?

• The result of
• Caring more than others think is wise ..
• Risking more than others think is safe ..
• Dreaming more than others think is practical ..
• Expecting more than others think is possible..

24
Contact Information

• PCED
• C/O Jeff Hofaker - Director
• P.O. Box 508
• Phillipsburg, KS 67661
• 785-543-5809
• PCED_at_ruraltel.net

25
Additional Information

• This information can be used for training or
  utilized to inform and educate your leaders of
  your county about economic development.
• I feel repetitiveness and consistency is another
  key fact of education the more times you remind
  your leaders and residents the better chance
  they understand the vision, collaboration and
  economic efforts your are trying to achieve for
  everyone including them!

26
What is economic development?

• A local economy is a geographic area where people
  live and work, earn and spend.
• Local businesses can be measured for their
  consistency, growth in size and growth in
  quality. All of these are influenced by the
  quality and quantity of money flowing INTO the
  area by the activity of the primary or
  contributory industries in the area.
• Economic Development is broadly defined as
  projects or programs that help local economies be
  more consistent, and grow in size, strength and
  quality

27
Economics(in a nutshell)

• Bucket Example
• Water In Money In
• Water out the hole expenses
• Primary Industry sells product outside and
  brings money back in economy
• Secondary Industry stirs the economy they
  service people in the local economy ultimately
  releasing money out of economy
• There can be a mix of primary and secondary
  with technology - ties to the world

28
Understanding.Our role!(Economic Development
Offices)

• Recruitment of business
• Expansion of current businesses
• Start-up / Development of businesses
• Community Development
• Encouragement, assisting or the creation of
  projects which attract the needed employees and
  their families to area for businesses
• Networking (information and ideas)
• Communication Education (understanding
  economics and the roles of development)

29
Community Development

• Working with organization and projects
  emphasizing the community. Specifically for
  economic development, looking at improving the
  appearance, practical usage of property, internal
  procedures and networking, infrastructure and
  other issues which through improvement make
  development of businesses practical and effective
  in the area.

30
Need for full-time person in each countySomeone
knowing consistently gathering Area Resources
for Businesses (They put the pieces together)

• Human
• Skills, Education, Communication Lines
• Social
• Networks, Professional Services, Role Models,
  Mentors
• Physical
• Land, Buildings, Equipment, Products, Labor
  Sourcing
• Financial
• Bank Loans, Business Incentives, Social
  Incentives, Angels, Private Sector (Foundations),
  Individuals
• Organizational Infrastructure
• Distributors, Management teams, Accounting
  systems for different primary and secondary
  industry

31
Thoughts to Ponder!

• To get to where you are going you must first
  know WHERE you are going second, PLAN you course
  and then DO IT.
• Why do most people not pursue their goals or
  dreams
• F E A R
• F False
• E Evidence
• A Appearing
• R Real
• What you GET by reaching your goals is not nearly
  as important as what you BECOME by reaching your
  goals