Creating a Shared Regional Identity and Vision September 2009
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Formalizing the Regional Identity and Vision
As early as September 2005, the Regional Economic Development Council was formed withrepresentatives of all seven counties. Led by the Mayor of Milwaukee, the Chairman of the Greater Milwaukee Committee (GMC), and the Chair of the Metropolitan Milwaukee Association of Commerce,the Council committed to raising $5.25 million to promote regional activities to strengthen the economicdevelopment program and to attract and retain diverse talent.The Regional Economic Development Council sponsored a CEO Call program, asking business leadersto list their priorities for economic development. Results of the calls indicated that finding the right skillsmix in the labor force was the CEOs chief concernmore than taxation or health care.The Regional Economic Development Council initiated a regional website to attract business and provideresources, and began efforts to expand the work of the Young Professionals programs, and theseinitiatives continue under the title FUEL Milwaukee.The Council goals included closing the gap in minority business development and creating a climate of innovation to transfer technology into jobs in advanced manufacturing, information technology, biotechnology, etc.The Regional Economic Development Councils funding goal was met within five months (March 2006)through public and private contributions. Ultimately, the campaign yielded $6.1 million: 80% fromcorporate gifts, and 20% from state and local municipalities. The strategic planning effort began in April2006 with the goal of identifying the best economic development strategies considering nine assetcategories:1.
Human capital,2.
Infrastructure,3.
Economic patterns,4.
Corporate assets,5.
Social capital,6.
Cultural capital,7.
Natural resources,8.
Education, and9.
Financing.Working with planning consultants, the Council devised anticipated outcomes and strategies to achievethem. Announced in May 2007, they included:1.
A region prepared to advance in the global economy,2.
Players and initiatives aligned toward a unified regional agenda,3.
Resources mobilized around key projects,4.
A compelling regional economic vision,5.
Regional opportunities based on unique assets,6.
An understanding of how individual counties contribute to the region, and7.
Tactical strategies, roles and responsibilities for implementation.The regional strategies were built from the base of manufacturing, the economic taproot of the region.They focused on the goal of developing specialized products requiring high technology and specializedskills. Seeing these industries as economic drivers, the region would attract and keep high payingmanufacturing jobs that would engender ancillary jobs in suppliers and service providers. The Councilestimated that every advanced manufacturing job would create another ancillary job.Planning for the regional branding process fell to the regional Marketing Council, constituted of localchambers of commerce and visitors and convention bureau staff. Implementing the marketing plan was
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