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The next generation of business retention and expansion

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Presentation on theme: "The next generation of business retention and expansion"— Presentation transcript:

1 The next generation of business retention and expansion

2 BRE & Business Services
REGIONAL ECONOMY Services that help employers expand, recruit, and stay in the region 70-80% of job growth comes from existing employers Exponential ability to effect regional change Business Engagement is any service that is employer driven to help them recruit, retain, and expand their business.  This can include but isn't limited to talent recruitment and upskilling, rapid response, layoff aversion strategies, and economic forecasting.

3 Typical Business Engagement Cycle
Strategic Plan Project Y/N Company Research Business Visitation

4 Challenges to Local Business Engagement
Engaging with the most critical companies Leveraging ALL the data to create meaningful engagement Understanding and monitoring real-time company needs Less wasted time on company data collection and more time developing solutions.

5 Successful Business Engagement Strategy
Relationships Data + = Successful Business Engagement Strategy

6 How do we measure growth across different types of businesses?
Information Businesses Logistics Businesses Manufacturing Businesses

7 How do we measure growth differently across different regions?
Georgia Washington Technology Businesses Technology Businesses Logistics Businesses Manufacturing Businesses Logistics Businesses Manufacturing Businesses

8


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