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Annual Meeting January 21, 2011. What Does it Take to “Renew Rural Iowa”? Rand Fisher, President Iowa Area Development Group. 800-888-4743. www.iadg.com.
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Annual Meeting January 21, 2011 What Does it Take to “Renew Rural Iowa”? Rand Fisher, President Iowa Area Development Group 800-888-4743 www.iadg.com
The economic development leader for Iowa Rural Electric Cooperatives, associated Municipal Utilities, and Independent Telecommunications Companies IADG MEMBERSHIP 60 consumer owned electric utilities & 150 Telcos
IADG Mission Advance business and community development projects and priorities on behalf of our utility sponsors, members, and economic development partners.
Economic and Community Development • Demonstrates Commitment to Community and Service Territory • Long Term Strategy • Investing in the Future of the Region • Creating Wealth and Opportunity • Utility Sustainability and Growth
Economic and Community Development Learning from History
Economic and Community Development Boom or Bust?
“Ten Keys for Community Vitality” • Lessons from IADG’s 25 years of business and community development work • An opportunity for organization assessment and analysis
Ten Keys for Community Vitality #1 Leadership The most important key!
“Community Minded” Leadership • Team oriented • Inclusive and diverse • Shared vision and values • Proactive and future oriented • Embrace change and assume risk
Six Principles of Leadership: • Purpose • Passion • Preparation • Perspective • Performance • Perseverance "" P
Leadership Expectations: V alues ision ictories
Ten Keys for Community Vitality #2 Research & Assessment “Know Thyself”
“Everyone is entitled to their own opinion, but they aren’t entitled to their own facts.”
S.W.O.T. WorkSix Sector Analysis: • Government • Economics • Demographics • Infrastructure • Environment • Leadership " " 6
Ten Keys for Community Vitality #3 Planning “If you don’t know where you’re going, you’re likely to end up somewhere else.” Yogi Berra
“Plans are dispensable. Planning is indispensable.” General Eisenhower
Community Planning is Essential • Begins with Values • Embraces Research & Analysis • Encourages Goal Setting & Prioritization • Allows for Measurement, Reporting & Celebration
Establishing Community Values • Harmony & Respect • Diversity • Economic Strength & Vitality • Education • Preservation of Small Town Life • Cultural Richness, Arts & Recreation • Natural Environment • Beautification • Identity & Reputation • Civic Integrity • Opportunity • Children • Seniors • Working Families
Ten Keys for Community Vitality #4 Comprehensive Strategy “Don’t put all your eggs in one basket!
Multiple Strategies for Economic DevelopmentCommunity Development & Business Development Go Hand in HandMake your community a great place to: • Live • Work • Shop • Play • Invest • Visit
Community Development Strategies: • Leadership Development • Social Infrastructure • Physical Infrastructure • Workforce Development • Entrepreneurial Development
Business Development Strategies: • Existing Business Retention/Expansion • Entrepreneurial Business Development • Non-Traditional Business Development • Business & Industry Recruitment
Ten Keys for Community Vitality #5 Assist and Support Existing Business & Industry Gardening vs. Hunting
Competition is Fierce! • 15,000 Organizations • 1,500 Projects • 150 Real Projects Do the math . . .
70%of new jobs and investment come from existing business and industry!
Ten Keys for Community Vitality #6 Embrace "Non-traditional" Business Development Ideas
Embrace “Non-traditional” Business Development Ideas • Tourism/Recreation • Retirement Development • Historic Preservation • Downtown Development • Film Industry • Natural Resource • High Technology • Entrepreneurship • Value-Added Agriculture
Genuine! Distinct! Authentic! BE “Different places, different paths.”
Ten Keys for Community Vitality #7 Attention to Physical Environment “You only get one chance to make a first impression”
Stimulate community beautification and pride • Plan and build thoughtfully • Encourage stewardship of the natural environment
These goals and values are manifested in: • Sign ordinances • Clean up days • Design standards • Capital improvement planning • Gateway enhancement • Nuisance control • Public Art
Ten Keys for Community Vitality #8 Community Investment “Yes, it takes some money, So build public/private partnerships!”
Maximize your Resources: • Grow your Tax Base • Develop Your Community Foundation • Explore Private/Public Partnerships • Leverage State and Federal Programs
Ten Keys for Community Vitality #9 Marketing & Promotion Let people know you’re special
Promote Your Community! • Branding • Community Website • Public Relations • Point of Presence • Citizen Ambassadors/Networking • Advertising & Promotion • Talking Points
Ten Keys for Community Vitality #10 Think & Work Regionally
C ommunication ooperation ollaboration • Research • Planning • Promotion • Workforce • Public Relations • Marketing • Recruitment • Technical Assistance
One Final Thought! Measurement, Evaluation & Continuous Improvement
Play to win! “Run your civic and community organizations like a business.”
Celebrate Success
“Never doubt that a small group of thoughtful, committed individuals can change the world; indeed, it is the only thing that ever has.” • Margaret Meade, • Anthropologist
www.iadg.com 800-888-4743