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THE LATEST IN CORPORATE LOCATION STRATEGY

THE LATEST IN CORPORATE LOCATION STRATEGY. Missouri Governor’s Economic Development Conference Presented by: Dennis J. Donovan WDG Consulting, LLC Wadley-Donovan-Gutshaw September 27, 2006. CONTENT. Location Trends Locational Assets Locational Liabilities On-Balance

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THE LATEST IN CORPORATE LOCATION STRATEGY

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  1. THE LATEST IN CORPORATE LOCATION STRATEGY Missouri Governor’s Economic Development Conference Presented by: Dennis J. Donovan WDG Consulting, LLC Wadley-Donovan-Gutshaw September 27, 2006

  2. CONTENT • Location Trends • Locational Assets • Locational Liabilities • On-Balance • Competitive Improvement Measures

  3. TRENDS • Activity • Levels • Industries • Regions • Global Strategies • Predominant Influences • Small Towns/Rural Areas • Off-Shore • High-Tech

  4. Logistics Human Resources Physical Infrastructure Disaster Risk Higher Education Labor/Management Relations Taxation Labor Costs Occupancy Costs Decent Incentives Quality-of-Life/Cost-of-Living Business Climate Reforms Selected High-Tech Critical Mass LOCATIONAL ASSETS

  5. Emerging Labor Shortages Modern Available Buildings Selected Challenged Public Education Certain Tax Policies Incentives Gaps No Right-to-Work Workers’ Comp Legal/Liability Int’l Air Service Four-lane Roads to Some Areas Nat’l Recruiting (People) in Some Areas Disaster Risk in Some Areas LOCATIONAL LIABILITIES

  6. ON-BALANCE • Highly Competitive • Correctable Deficiencies • Target Industries

  7. Transform WIBS HR Extension More HR Pro-Active PR For Technical Careers H.S. Basic Skills Certification (Bus. Designed) Workforce Advisory Board by Sector Tax Reform New Incentives Shell Buildings Certified Sites High-Tech Centers of Excellence Four-lane Highways Int’l Air Service Expand Legal/Liability Reform Environmental Regulation Changes Simplify Target MO II Greater Image Promotion Increase DED’s Marketing Budget to $3 Million Per Annum COMPETITIVE IMPROVEMENT

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