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800-888-4743 What Does it Take to “Renew Rural Iowa”? Rand Fisher, President Iowa Area Development Group www.iadg.com Annual Meeting January 21, 2011
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IADG MEMBERSHIP 60 consumer owned electric utilities & 150 Telcos The economic development leader for Iowa Rural Electric Cooperatives, associated Municipal Utilities, and Independent Telecommunications Companies
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IADG Sponsorship
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IADG Mission Advance business and community development projects and priorities on behalf of our utility sponsors, members, and economic development partners.
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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
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Economic and Community Development Learning from History
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Economic and Community Development Boom or Bust?
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“Ten Keys for Community Vitality” Lessons from IADG’s 25 years of business and community development work An opportunity for organization assessment and analysis
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Ten Keys for Community Vitality The most important key!
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“Community Minded” Leadership Team oriented Inclusive and diverse Shared vision and values Proactive and future oriented Embrace change and assume risk
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Six Principles of Leadership: 1.Purpose 2.Passion 3.Preparation 4.Perspective 5.Performance 6.Perseverance
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Leadership Expectations: alues ision ictories
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Ten Keys for Community Vitality “Know Thyself”
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“Everyone is entitled to their own opinion, but they aren’t entitled to their own facts.”
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S.W.O.T. Work Six Sector Analysis: 1.Government 2.Economics 3.Demographics 4.Infrastructure 5.Environment 6.Leadership
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Ten Keys for Community Vitality “If you don’t know where you’re going, you’re likely to end up somewhere else.” Yogi Berra
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“Plans are dispensable. Planning is indispensable.” General Eisenhower
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Community Planning is Essential Begins with Values Embraces Research & Analysis Encourages Goal Setting & Prioritization Allows for Measurement, Reporting & Celebration
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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
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Ten Keys for Community Vitality “Don’t put all your eggs in one basket!
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Multiple Strategies for Economic Development Community Development & Business Development Go Hand in Hand Make your community a great place to: Live Work Shop Play Invest Visit
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Community Development Strategies: Leadership Development Social Infrastructure Physical Infrastructure Workforce Development Entrepreneurial Development
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Business Development Strategies: Existing Business Retention/Expansion Entrepreneurial Business Development Non-Traditional Business Development Business & Industry Recruitment
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Ten Keys for Community Vitality Gardening vs. Hunting
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Competition is Fierce! 15,000 Organizations 1,500 Projects 150 Real Projects Do the math...
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70% of new jobs and investment come from existing business and industry!
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Ten Keys for Community Vitality
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Embrace “Non-traditional” Business Development Ideas Tourism/Recreation Retirement Development Historic Preservation Downtown Development Film Industry Natural Resource High Technology Entrepreneurship Value-Added Agriculture
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“ Different places, different paths.” Genuine! Distinct! Authentic!
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Ten Keys for Community Vitality “You only get one chance to make a first impression”
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Stimulate community beautification and pride Plan and build thoughtfully Encourage stewardship of the natural environment
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These goals and values are manifested in: Sign ordinances Clean up days Design standards Capital improvement planning Gateway enhancement Nuisance control Public Art
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Ten Keys for Community Vitality “Yes, it takes some money, So build public/private partnerships!”
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Maximize your Resources: Grow your Tax Base Develop Your Community Foundation Explore Private/Public Partnerships Leverage State and Federal Programs
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Ten Keys for Community Vitality Let people know you’re special
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Promote Your Community! Branding Community Website Public Relations Point of Presence Citizen Ambassadors/Networking Advertising & Promotion Talking Points
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Ten Keys for Community Vitality
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Research Planning Promotion Workforce Public Relations Marketing Recruitment Technical Assistance ommunication ooperation ollaboration
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One Final Thought! Measurement, Evaluation & Continuous Improvement
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“Run your civic and community organizations like a business.” Play to win!
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“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
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800-888-4743 www.iadg.com
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