st. tammany parish steering committee

of 28/28
St. Tammany Parish Steering Committee Strengths & Weaknesses Assessment January 29, 2003

Post on 05-Jan-2016

37 views

Category:

Documents

0 download

Embed Size (px)

DESCRIPTION

St. Tammany Parish Steering Committee. Strengths & Weaknesses Assessment January 29, 2003. Agenda. Results of Leadership Survey Interview Findings & Preliminary Strengths & Weaknesses Report (Opportunities & Threats will come later) Update on Leadership Workshop. Leadership Survey. - PowerPoint PPT Presentation

TRANSCRIPT

  • St. Tammany Parish Steering CommitteeStrengths & Weaknesses AssessmentJanuary 29, 2003

  • AgendaResults of Leadership SurveyInterview Findings & Preliminary Strengths & Weaknesses Report(Opportunities & Threats will come later)Update on Leadership Workshop

  • Leadership Survey110 questions on Quality of LifeEducationGovernmentLeadershipLaborTransportationUtilitiesReal EstateCapitalMarketsSeventy responses out of 300 mailed (~25% response rate)

  • Strengths

  • Weaknesses(In Reverse Rank Order)

  • Interviews 30+ confidential interviews in total13 with major employers3000+ jobsSample of manufacturing, headquarters, technology, office & warehouse employers

  • Overall FindingsMany large locally controlled companieshalf launched by regional entrepreneursOverall business climate in this region is rated as good by employersQuality of Life rated as excellent with few problems with national relocationsSoftness with scientists and advanced tech sector because of Louisiana image

  • Labor Findings Labor market is excellent for offices and good for manufacturing No complaints about basic skills of applicantsProductivity is rated as very good with little problems from turnover or absenteeism Some softness in IT because of small talent pool

  • Labor Force EntrantsThe local labor market produces more applicants than commonly thoughtJob growth can exceed 2.5 percent without changing unemployment rates

  • ANALYSIS OF COST & OPERATING DATA

  • OPERATING COSTS Gulf Coast CompetitorsMobileBiloxi-Gulfport & Hancock County, MSHoumaJacksonLafayetteBaton RougeNew Orleans

  • National Market AccessRegion not located to serve distribution sensitive companies

  • Regional Market AccessEastern St. Tammany within 20% of Atlanta

  • Gulf Coast Market AccessGulf Coast position is good

  • Office PositionsModerate cost with excellent talent pool

  • Technology PositionsHigher wages suggest a smaller talent pool

  • Manufacturing PositionsModerate costs for manufacturing

  • Power CostsModerate costs except for the largest loads

  • Occupancy CostsModerate cost but limited inventory for office or plant

  • Business Park PricesHigher prices than Dallas, Houston or Raleigh

  • Water & WastewaterCapacity is limited for business parks & prices are high

  • Construction & TaxesHigher than MS in costs and double in property tax

  • Overall Strengths & WeaknessesCompiled From All Sources

  • StrengthsI=Interviews, C=costs, L=Leadership Survey, E=employers

  • NeutralsI=Interviews, C=costs, L=Leadership Survey, E=employers

  • WeaknessesI=Interviews, C= costs, L=Leadership Survey, E=Employers

  • STRATEGIC PLANNING PROCESSTargeting (Threat & Opportunities)Land Use evaluationLeadership workshopEconomic development 101Socio-economic trends & St. Tammany ParishVision for the future a small-group consensus envisioning processEconomic development priorities a small group processPath forward

  • STRATEGIC PLANNING PROCESSFINAL STRATEGYDevelopment of strategic actions to address key economic development issuesReview of vision, goals, and action plan by steering committeeInitial draft for public reviewPublic presentations for feedbackFinal plan