09-Paris Economic Development Corporation's Quarterly Report

Home Browse Search

We wil] meet no more than four times over the course of the Phase 1 project plan (attached) and foi- no more than 90 minutes in length. Each meeting will have an agenda for the work to be done then and the feedback, decisions, and direction required from the Committee. Upon completion of the firsi, kick-off session, we will sub-divide into three working groups around key elements of the Initiative design - and ask that you take a role in one of those working groups. Materials; briefing papers, and any information requiring your attention will be provided at ]east one-week prior to each gathering. Criticat Work of the Advisory Committee In the capacity of `civic stewards/civic investors' - the critical work of the Advisory Committee can be found by: 1) Focusing on the implementation of the findings and recommendations created from Richard Seline's analysis and the input of the PEDC staff 2) Identification of priorities and spec-ific action steps; we tuiil identify 5-7 items on which to launch the Initiative, not 20 nor 30 as some previous plans have suggested or encouraged. Thus we wi11 be highly targeted 3) Performance metrics will be adopted for each part of the Initiative planning and execution - simply if we cannot measure it then i# will not be included. 4) Investment of time, energy, and then resources is the pathway to success - we need your ideas, thinking, networks outside of the region, and commitment towards transforming the Paris regional economy through the Initiative. Only then - based on the specifics - will resources be necessary to invest in the `business plan.' 5) The Initiative WILL have a business plan approach - how much market-share we are looking to attract in food and consumer good manufacturing, what is necessary infrastructure and transportation to seek federal and state grants, where do we take our `team' Lo recruit coznpanies and industry to Paris and what do we offer them to become partners in our strategy? These and other questions will be addressed in the plan. 6) An open mind to be innovative, creative, and entrepreneurial - this is not traditional economic development - and therefore if we are to compete for jobs, resources, investment, and companies - then we need to think like global competitors and learn the `language', the methods, and the tactics that others have adopted. Therefore this is as much a learning process as it is a implementation planning scenario. 7) Some members will be asked to attend meetings in Austin or other locations as we make progress towards the final draft of the initiative plan - and we look to your interest and schedule for such participation. Resources Available to the Advisorv Committee Each meeting and working group session will have specific materials related to the objectives of the Initiative planning process - and we ask that you take the time to review these before attending. In turn, we will make available a number of documents and suggested readings on the PEDC website for the Initiative. And finally, where and when applicable - we will an•ange conference or video-links to subject matter experts around 54