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Audubon County "Business Connections" 2011

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Audubon County Economic Development and Midwest Partnership EDC teamed up on a series of leading employer visits in 2010-2011. The groups utilized a program called "Synchronist".

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Audubon County E-Synchronist 2010 Leading Employer Report Business Connections Initiative November/December 2010 For Audubon County Economic Development
What is Business Connections A Business Contact Program Described Through Four (Es) E ngaging builds relationships face-to-face E ducational informs community leadership E ffective gets beyond surface issues E lectronic - analyzes and measures data
Why Do We Do This? Business Retention & Expansion (BR&E) SAVING jobs helps CREATE jobs Approx. 80% of all new jobs come from existing employers Business Recruitment Identify Complementary Industries and Companies Testimonials emphasize our strengths Positioning overcome our shortcomings
Who is Involved? Staff Michael Cooley, Midwest Partnership Economic Development Coordinator Margee Shaffer and Sarah Gomez coordinated on arranging schedules and setting meetings ACED Board Five individuals attended visits, took notes, asked follow-up questions
Timeline November 2010 Letters Sent to Employers Explaining Process Story of Project Reported by Local Media to Inform Public November-December 2010 Employer Visits Data Entry January 2011 (and beyond) Present Findings Perform Follow-up and Set Action Steps
Makeup of Employers 16 Employers, Mostly Primary Sector, Determined to Provide a Significant Economic Impact to Area Total employees: Approx. 483 FTE equiv. Company with fewest employees: 4 employees Company with most employees: 114 employees
Makeup of Employers (cont.) Audubon companies = 11 Non-Audubon based companies = 5 Business Sector Mix Advanced Manufacturing Agriculture/Forestry/Minerals Building & Construction Durable Goods Producer Government Health Care Retail Related Operation
Expansion Plans (next 3 years) 2010 52.9% of CEO/Mgrs interviewed indicated expansion plans
Planned Expansions 2010 Est. dollar investment: $31.6 million Est. new jobs: 56 (12% increase) Est. new square footage: 83,000
Status of Key Product/Service Where is the companys primary product/service in its life cycle? Declining = 19% Maturing = 31% Growing = 44% Emerging = 6%
Greatest Achievement (examples) Added new services Completed a new addition Recruited quality staff Investment in automation to increase competitiveness Constant increase in sales the past three years
Workforce Challenges 2010 69% of companies reported having recruiting problems 31% say it is a community problem, 69% say industry
Workforce Evaluation (Scale of 7) 2010 Productivity (5.25) Quality (4.69) Stability (4.38) Availability (3.56)
Quality of Life/Community Services: Highest Rated Fire Protection Ambulance/Paramedic Police Protection K-12 Schools Health Care Lowest Rated City/County Streets & Roads Traffic Control Childcare Services Property Tax Assessment Air Cargo
Quality of Life/Community Services: Observations Employers report low satisfaction with local telephone/internet service, as well as city/county streets and roads. High number of employers say their primary product/service is in the maturing or declining stage of its life cycle (50%). Viable aviation and public transit options are absent in Audubon County.
Assistance Follow-Ups: Have already identified 47 follow-up issues Specific issues (examples) Need financing for expansion Need faster and more reliable internet service Need help with exporting products General issues (examples) Road Repairs Create more child care options Need to categorize, prioritize, and assign
Future Information (examples) Legislation Community strengths, weaknesses, and barriers Exporting Research & Development Follow-up
Thank You! 2010 Leading Employer Report Business Connections Initiative November/December 2010 For Audubon County Economic Development

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Audubon County "Business Connections" 2011

  • 1. Audubon County E-Synchronist 2010 Leading Employer Report Business Connections Initiative November/December 2010 For Audubon County Economic Development
  • 2. What is Business Connections A Business Contact Program Described Through Four (Es) E ngaging builds relationships face-to-face E ducational informs community leadership E ffective gets beyond surface issues E lectronic - analyzes and measures data
  • 3. Why Do We Do This? Business Retention & Expansion (BR&E) SAVING jobs helps CREATE jobs Approx. 80% of all new jobs come from existing employers Business Recruitment Identify Complementary Industries and Companies Testimonials emphasize our strengths Positioning overcome our shortcomings
  • 4. Who is Involved? Staff Michael Cooley, Midwest Partnership Economic Development Coordinator Margee Shaffer and Sarah Gomez coordinated on arranging schedules and setting meetings ACED Board Five individuals attended visits, took notes, asked follow-up questions
  • 5. Timeline November 2010 Letters Sent to Employers Explaining Process Story of Project Reported by Local Media to Inform Public November-December 2010 Employer Visits Data Entry January 2011 (and beyond) Present Findings Perform Follow-up and Set Action Steps
  • 6. Makeup of Employers 16 Employers, Mostly Primary Sector, Determined to Provide a Significant Economic Impact to Area Total employees: Approx. 483 FTE equiv. Company with fewest employees: 4 employees Company with most employees: 114 employees
  • 7. Makeup of Employers (cont.) Audubon companies = 11 Non-Audubon based companies = 5 Business Sector Mix Advanced Manufacturing Agriculture/Forestry/Minerals Building & Construction Durable Goods Producer Government Health Care Retail Related Operation
  • 8. Expansion Plans (next 3 years) 2010 52.9% of CEO/Mgrs interviewed indicated expansion plans
  • 9. Planned Expansions 2010 Est. dollar investment: $31.6 million Est. new jobs: 56 (12% increase) Est. new square footage: 83,000
  • 10. Status of Key Product/Service Where is the companys primary product/service in its life cycle? Declining = 19% Maturing = 31% Growing = 44% Emerging = 6%
  • 11. Greatest Achievement (examples) Added new services Completed a new addition Recruited quality staff Investment in automation to increase competitiveness Constant increase in sales the past three years
  • 12. Workforce Challenges 2010 69% of companies reported having recruiting problems 31% say it is a community problem, 69% say industry
  • 13. Workforce Evaluation (Scale of 7) 2010 Productivity (5.25) Quality (4.69) Stability (4.38) Availability (3.56)
  • 14. Quality of Life/Community Services: Highest Rated Fire Protection Ambulance/Paramedic Police Protection K-12 Schools Health Care Lowest Rated City/County Streets & Roads Traffic Control Childcare Services Property Tax Assessment Air Cargo
  • 15. Quality of Life/Community Services: Observations Employers report low satisfaction with local telephone/internet service, as well as city/county streets and roads. High number of employers say their primary product/service is in the maturing or declining stage of its life cycle (50%). Viable aviation and public transit options are absent in Audubon County.
  • 16. Assistance Follow-Ups: Have already identified 47 follow-up issues Specific issues (examples) Need financing for expansion Need faster and more reliable internet service Need help with exporting products General issues (examples) Road Repairs Create more child care options Need to categorize, prioritize, and assign
  • 17. Future Information (examples) Legislation Community strengths, weaknesses, and barriers Exporting Research & Development Follow-up
  • 18. Thank You! 2010 Leading Employer Report Business Connections Initiative November/December 2010 For Audubon County Economic Development