Title: 1
1CONNECT SI
Southeastern COI Milestone 3b
Finalize Supplemental Goals, Identify Asset
Mapping Discoveries and Employ the Value Linkage
Process March 22, 2007, Southeastern College,
Harrisburg, IL.
ViTAL Economy Alliance Partners Jim Haguewood.-
jim_at_onegroupconsulting.com Frank Knott -
Fknottmd_at_earthlink.net Stan Halle
change1_at_mindspring.com
Connect SI Staff Darren Ellison ( GA Assistant)
ellisond_at_siu.edu Rex Duncan (Executive Director)
rduncan_at_siu.edu
2Agenda Southeastern Milestone 3b Meeting
0.00 - Welcome Connect SI Organizational
Items 005 Review of Connect SI/SECOI Schedule
010 Where Does the SE Regions Income Come
From? 015 Review and Finalized Supplemental
Goals 030 Status of Asset Mapping and
Identify Discoveries 045 Prioritize Milestone
3 What Ifs and Short Term Actions 110
Breakout Exercise ViTAL Economy Issue/Action
Tool 150 Review and Organize Short Term Action
Plans 155 - Next Steps and Meeting Dates
3Community and Economic Development
COISoutheastern
- 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 - 4 - Economic Opportunity Industry Sector Mar
Apr 2007 - Prioritization Diversification Issues
- March Readiness Assessment Interviews
Transportation/Warehousing, Entrepreneurs, Pubic
Safety/Crime, Non-profits, Recreational assets,
Conservation Districts - 5- Benchmark Current Economy, Understand May
June 2007 - Future Economy, Establish Regl Economic
Priorities - May Readiness Assessment Interviews Church
leaders, Government Officials, Innovation, Export
Activity, Forestry
4The Transfer Payment Story in SI
- Implications
- Disproportionate of non-wage, non-wealth
income - Less risk-taking innovation climate
discourages entrepreneurs - Reduced economic multiplier effect on GRP (Gross
Regional Product)
5Where does the income come from in SE?
Southeastern Total Earnings by Workplace
622,906,000 (54.5 of Total Personal
Income) Government and Education Earnings in S5
region 171,567,000 (15.0 of Total Personal
Income) Remaining Earnings by Workplace
451,339,000 (39.5 of Total Personal Income)
Source Bureau of Economic Analysis/ Connect SI
Economic Model
6Your Economy as a Swimming Pool!
7Southeastern 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
8Supplemental Goal Setting Items
- Source Travel Industry of America,
http//www.tourism.uiuc.edu/itf/reports.asp
Per Capita Income should be tracked it is not a
viable goal, since it cannot be directly impacted
by COI strategy and action. (2012 - 33,293,
66.1 of State of Illinois)
9Southeastern 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 ___ Tourism Expenditures __ Regional Room
Tax Revenues
Supported by Education Training Cluster, ViTAL
Economy Capital, and Connectivity Plan
10Milestone 2 Asset Mapping
11Milestone 3 What Ifs
12Milestone 3 What Ifs
13Milestone 3 What Ifs
14Milestone 3 Issue/Action Tool
15- Issue/Action Breakout Session
16Status of Short Term Win Opportunities
Assignments
- Short term win opportunities
- Bicycle rental in Southeastern region
- Ohio River Scenic Byway Tourism Center, Equality
- Shooting movie in SE in spring
- Action Teams
- Coal Training Academy( Developed or expanded)
- Hospitality Lodging (Lori Cox, business plan,
best practice investigation of lodges, angel
investors) - Dixon Springs (Conduct a Summit, what is the
future?, funding?) - Hold preliminary meeting in one month
17Housing Research, Data and Mapping
- Julie Pateras recent experiences
- Status of housing data in the SE region
- There is limited and timely access to property
data ownership, EAV totals for counties, sales
history, property characteristics, etc. - What does this mean for potential investors and
the real estate industry? - Low efficiency in the real estate and property
transaction marketplace - Lack of available information online for
interested investors - Increased time and cost for property data and
information administration - Best practice online property database examples
- Clallam County online property data at
http//www.clallam.net/Maps/html/mapindex.htmm - Maryland property database at
http//sdatcert3.resiusa.org/rp_rewrite/
18SECOI Next steps and meeting dates
- Completion of Milestone 3 work planWho is
leading each team? - Completion of additional goal setting items
tourism indicators room tax revenues, Vicki
Cummiskey and team - Industry teams to complete mapping and develop
opportunities - Agriculture, Cindy Organ
- Mining/Energy, Eric Gregg
- Tourism, Vicky Cummiskey, Brandi Watson
- Transportation, Kim Watson
- KBE, Eric Gregg, Bruce Baldwin
- Next meeting, date, time location.
- Scheduled Leadership meetings Every other
Thursday at 1000am, Teleconference - Milestone 4, April 19 or May 24, 2007 (TBD)
19CONNECT SI
Southeastern COI Milestone 3 BACKUP SLIDES
Finalize Supplemental Goals, Identify Asset
Mapping Discoveries and Employ the Value Linkage
Process March 22, 2007, Southeastern College,
Harrisburg, IL.
Jim Haguewood.- jim_at_onegroupconsulting.com Frank
Knott - Fknottmd_at_earthlink.net Stan Halle
change1_at_mindspring.com
20 Business Cases are Built UsingThe Value Linkage
Process
21Southeastern Per Capita Income
Source Bureau of Economic Analysis
22Economics 101
PProducer CCustomer
Move Up the Value Chain, Capture Greater Share of
Value Chain Margins, Increase Economic Prosperity