Title: 1
1CONNECT SI
Southeastern COI Milestone 4B
Connecting Global Economic and Market Trends to
the Southern Illinois Economy Tuesday, July
17, 2007 830am-1100am First Bank/SBDC Offoce,
Harrisburg, IL
ViTAL Economy Alliance Partners Jim Haguewood -
jim_at_onegroupconsulting.com Stan Halle -
change1_at_mindspring.com Connect SI Staff Kathy
Lively (Executive Director) kathylively_at_mantraco
n.org Darren Ellison ( GA Assistant)
ellisond_at_siu.edu
2Agenda Southeastern Milestone 4B Meeting
830 Welcome Connect SI Updates Kathy
Lively 845 Update COI Milestone Schedule 850
New Information Investment Attraction
eCommerce 900 Discussion of Milestone 4
Objective Work Plan QA 920 Breakout Work
Session Groups 1030 Breakout Session
Reporting Action Team Assignments 1050
Wrap-up, next meeting dates
3Cross-COI Collaboration
- News! Broadband Services to Omaha, Ridgeway, Mt.
Carmel Cairo - On-Line Nursing Frontier College, HC-Skill
Shortage Team - Critical Access Hospitals S5 GW
- Healthcare Integrated Database all Hospitals in
SI - Integrated Critical Skills Training Resources
across all SI - Multi-Provider Broadband Pilot Project GW NP
- Broadband Demand-Pull Gateway all COIs
- Energy Cluster Team SI-wide Symposia
- Clean Coal Gasification S5 cross-town,
cross-county, cross-agency - Input into the Economic Healthcare Models all
- Input into GIS Mapping NP, Shawnee Natl
Forest, etc. - WIRED Proposal all COIs, Man-Tra-Con, SIU
4Status of SE Short Term Win Opportunities
- Short term win opportunities
- Bicycle rental in Southeastern region????
- Ohio River Scenic Byway Tourism Center, Equality
- We are open, running
- Movie location in SE spring 2007?
- Broadband in Omaha Ridgeway (WIN)
5Community Economic Development COI
Southeastern
- 1 - VE Vision Workshop, Goal Setting Jul
- Sept 2006 - Issues of Challenge and Opportunity
- Goal Setting Tutorial Conference Call
August 15 - 1b- Progress Assessment Meeting
September 19 -
- 2 - Develop and Implement Regional Oct - Dec
2006 - Asset Mapping Process
-
- 3 - Connected Economy Opportunity Analysis
Jan - Feb 2007 - Leverage Regions Unique Assets
- January Readiness Assessment Interviews
Agriculture, Unions, Regional/Local Economic
Development - 3b- Progress Assessment Meeting
March 22 - March Readiness Assessment Interviews
Transportation/Warehousing, Entrepreneurs, Pubic
Safety/Crime, Non-profits, Recreational assets,
Conservation Districts - 4 Connecting Global and Economic and Market
Trends May July 2007 - to the Southern Illinois Economy
- Readiness Assessment Interviews Church leaders,
Government Officials, Innovation, Export
Activity, Forestry - 4B Milestone 4 Action Team Work session
-
- 5- Benchmark Current Economy, Understand Sept
2007 Future Economy, Establish Regl
Economic Priorities
6Southeastern Milestone 4B
- Investment Attraction Strategy
- eCommerce Trends and Potential
7Your Economy as a Swimming Pool!
8SMEs Go Globally With eCommerce
Export power with ecommerce
- Strong U.S. growth in SMEs (small/medium
enterprises) because they are flexible and
dynamic. Much of this is based on the broadband
connectivity and eCommerce tools. - SMEs dominate development of new eCommerce
sites - 90 of new commercial sites in 2007,
- 80 in 2006 and 75 in 2003
- SMEs focus on eCommerce because it provides
access to national and global markets in a
cost-effective manner - Developing a strong and professional web presence
is key
Source SMEs rule the world, Peter Cochrane,
July 2006.
9SMEs Stand to Benefit Most From eCommerce
- Implications for SMEs of the low transaction
costs of reaching consumers across vast distances
via eCommerce - Impact good website can communicate a strong
organizational identity, which helps to establish
the company, and provides ability to compete with
bigger enterprises levels the playing field - Partnerships allows for technologically-savvy
companies to form partnerships with others for
projects and product developments - Open corridors of trade nearly costless to
pursue national and global markets - Growth some SMEs becoming large corporations
power in number of people replaced by power of
technology
10eCommerce Usage Patterns
- As of March 2007, 71 of American adults use the
internet and engaged in the following activities
Source PEW Internet American Life Project
11Last 3-Years US Online Retail Sales Have More
Than Doubled
US Online Retail Sales
12Last 3-Years US Online Market Has Grown by 22
or 37.7M Potential Customers
US Online Market
13Southeastern Milestone 4B
14Reach - Southeastern COI Strategy Goals
SE COI 2007-2012 Goals 2,158 New Jobs
_at_43,500 4,380 Existing Jobs Raised by
5,000/Year 1,438 jobs at the new average wage
40,276 34 Private Payer Healthcare 500M
EAV Tax Base Broadband Penetration Rate
50 44,420,252 Tourism
Expenditures 180,000 Regional Room Tax
Revenues
Supported by Education Training Cluster, ViTAL
Economy Capital, and Connectivity Plan
15 Action and Opportunity Filter
16Milestone 4B Objectives
17Milestone 4 Work Plan
- Fully complete the industry and indigenous
resource asset mapping. - What will be the priority industry clusters for
the SE region? - What is the specific area of KBE focus for the
region? - Identify the top five economic or community
development opportunities for Southeastern from
the MS3 4 breakout sessions. - What are the key global trends and market
opportunities that the region can capture? - What are the key indigenous assets that can be
leveraged to capture the opportunities? - Who are the other key industry leaders regionally
that need to be involved and could benefit from
these opportunities? - What are the key innovation or incubation
resources that exist or need to be in place in
the SE region to support the opportunity? - Prepare a specific action plan for each
opportunity that can be undertaken to reach the
regions goals (see Action Plan Template)
18MS4 - Opportunity Action Plan Template
- Title of opportunity
- Brief description of opportunity
- Action team leaders and members
- What is the global trends and markets that
support this opportunity? - What are the regions indigenous resources that
can be connected or leveraged? - Natural or geographic
- Companies or organizations
- Individuals
- How does this opportunity diversify the regional
economy? - What is the potential economic value/impact to
the region? - How does the action help to achieve the Connect
SI goals? - What are the barriers and resolution strategy
19Milestone 4 Work Plan and Action Plan Template Q
A
- Need to consider other potential clusters that
leverage - Our products or potential products
- Resources in the ground
- Pipelines going through SI
- Where are the demographics for this region
heading? - Future jobs growth tied to immigration
- Key producing a quality workforce
20 21Action Teams
- Tourism Action Team Lori Cox John ODell
- Increase expenditures by 10m/yr
- Increase lodging taxes by 85k/yr
- Increase daily spending by 19 (60 to 76)
- Increase occupied room-nights in the region by
8,000 per year - Focus on three areas (take 19 areas through the
filter) - Fee-hunting
- Historical Tours
- ???
22Action Teams
- eCommerce Team Mike Phalin Bruce Baldwin
- ACTION Schedule 4 seminars in next year what
niches? - Hunting, Agriculture, Mining Tourism
- ACTION Do an inventory of all the home-based and
other hunting hunting products - Cluster Recreational Products Services
- eCommerce/KBE virtual incubator partnership idea
- What kind of businesses?
- Link to seminars
- Focus on female-owned businesses
- Put these on the Web
- Business Network/Professional Associations need
to access this better - Will explore more networking opportunities
- Womans business conference/eCommerce conference
- NFIB
23Action Teams
- Mine Safety Fire Rescue Action Team Ray
Cummiskey - Focused and quantify where this opportunity could
go in the future - Run this through the Economic Model to help
quantify the impact - Re local companies
- Colleges
- Financial impact
- Workforce training has potential ripple effects
- Issue Where do they stay? need to talk to
hotel builders/investors - Issue Linkage to food, other activities
- Related industries (e.g., Precision Mining)
getting involved - Broader impact
- Homeland Security, Bio-Hazard, Bio-Terrorism
- Expanding the vision training in disaster
preparedness recovery, safety, earthquakes - More info needed West VA and PA International
aspect - A great export idea
24Breakout Session Reporting from MS4
25Breakout Session Reporting from MS4
26SE COI Next steps and meeting dates
- Completion of Milestone 4 work planCritical
Steps - Action team to develop opportunitiesmeetings??
- Tourism Action Team Lori Cox John ODell
- Mine Safety Fire Rescue Action Team Ray
Cummiskey - eCommerce Team Mike Phalin Bruce Baldwin
- Next meeting, date, time location.
- Milestone 5, September 20, Thursday AM ????
- Objective Finalization of key strategies for the
region to reach the goals. These strategies will
be integrated into the overall Connect SI 20
county regional strategy.
27CONNECT SI
Southeastern COI Milestone 4B BACKUP SLIDES
Connecting Global Economic and Market Trends to
the Southern Illinois Economy Tuesday, July
17, 2007 830am-110am Southeastern College ,
Harrisburg, IL
ViTAL Economy Alliance Partners Jim Haguewood -
jim_at_onegroupconsulting.com Stan Halle -
change1_at_mindspring.com Connect SI Staff Kathy
Lively (Executive Director) kathylively_at_mantraco
n.org Darren Ellison ( GA Assistant)
ellisond_at_siu.edu
28Southeastern Economic Diversification - 2006
Source VE Economic Model, 2007
29Milestone 3 What Ifs
30Milestone 3 What Ifs
31Milestone 3 What Ifs
32Southeastern COI Goals
Determination of specific measurable, wage and
employment goals from change in regional wages
vs. 2012 trend NEW JOBS 3,746
WAGE 43,500 163.0m NEW JOBS AT
AVERAGE WAGE 2,498 WAGE
40,276 100.6m IMPROVEMENT OF EXISTING JOBS
4,381 WAGE 5,000 21.9m CLIMATE
OF ECONOMIC OPPORTUNITY 56.0m