The evolution of “business-best-practices” is reflected in the places businesses operate. Change is constant. No organization that stands still prospers.

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Presentation transcript:

The evolution of “business-best-practices” is reflected in the places businesses operate. Change is constant. No organization that stands still prospers. With change comes new opportunities for development that have different needs. 1.2.

ONE Winner Short List Cities/Sites Favorable Region Long List Regions Location Selection is a Process of Elimination

The New Business Location Paradigm Favors Sustainable Communities

Buick City – Flint, MI

Buick City ceased operations in 1999 after 100 years Flint population today 92,000

“To be competitive in the era of sustainability, economic developers need to pursue highly collaborative, multi- disciplined, and multi-jurisdictional approaches to community readiness.” Business and Community Converge on the Triple-Bottom-Line

17

Effective Investment Attraction is a Team Sport D

Corporate DriverCommunity Screen Risk and Crisis Management  Local resources are purposely aligned to meet specific OI needs Real estate Transportation Permitting Utility Services Police and Fire Services Emergency Planning Regulation Sustainable Companies Selecting Sustainable Communities

Corporate Driver Community Screen  Community investment in OI supply chain increases the regionally sourced materials. Supply Chain  Companies succeed where the workforce is skilled, reliable, productive: Workers are loyal, adaptable to change Diversified & harmonious at all levels Modern, OI focused training resources Community is active in job retention Human Capital Sustainable Companies Selecting Sustainable Communities

Corporate DriverCommunity Screen  Community support for a broad array of corporate environmental policies: Waste stream management Water resource management Water use reduction Energy management best practices Recycling, reuse programs Operational Eco-Efficiency Sustainable Companies Selecting Sustainable Communities

Corporate DriverCommunity Screen  Sustainable companies are best served by communities with a live/work balace: Healthy downtown business districts Land planning that supports community health / attractiveness Reuse of brownfield properties Resources devoted to promoting healthy lifestyles Public transportation Talent Attraction and Retention Sustainable Companies Selecting Sustainable Communities