Economic Development News focused on Talent, Innovation, & Place
"Generations in the workplace" is a topic that's had considerable media play this summer. Savvy economic development professionals know that this issue is already affecting how communities and employers recruit and retain talent.
It should come as no surprise that several of the nation's fastest growing and most populous states stand out as destinations for talent for the three primarily working age generations. Sun Belt states are among the greatest beneficiaries of growth among Generations X, Y, and Boomers. Of greater interest, however, are the states that lost the greatest numbers of persons among the various generations during the first half of this decade. To learn what states are the top importers and top exporters of generations, click here.
Our team is well aware of the implications of a changing workforce and the effects it has on economic development. We tackle these issues in the strategies we develop for our clients and are eager to see how communities create successful campaigns for appealing to generations across the board. Have a challenge facing these issues? Have a success story to share? Drop us a line, we're listening and we've got news to share, too.
Sincerely,
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Tom Stellman
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| Planning Our Future
Pete Johnson is the federal co-chairman of the Delta Regional Authority. He was appointed by President Bush and confirmed by the U.S. Senate in 2001.
Jon Roberts, managing partner at TIP, has worked extensively with the DRA and his opinions are featured in the following editorial.
As the economy has grown more dynamic and global, it has become increasingly difficult for Delta communities to attract private investment. We can no longer rely on the promise of  low wages and low operating costs. In the 1950s and 1960s, that promise of lower costs helped us attract industries needing unskilled employees with a strong work ethic. Since then, the majority of these manufacturing operations have migrated from the rural South to Mexico, Central America and China. Like me, you probably grew up hearing the old expression "a strong back and a weak mind." Well, now we need strong minds. Read more... |
Project Round-Up
TIP Strategies works across the country to help communities, regions, and states build on their assets, challenge old ways of thinking, and encourage options for sustainable economic success. Look what we're working on...
The Midland Development Corporation hired TIP to create a new economic development strategic plan. We'll conduct a target industry analysis to update business recruitment  programs and assist in determining development options for sites throughout the city. TIP will provide additional recommendations for enhancing Midland's talent attraction and retention.
Wichita Falls, Texas is a regional economic center that serves a population of 146,790. The area's largest employer, Sheppard Air Force Base, employs 13,000 military and civilian personnel. In 2005, the Base Realignment and Closure (BRAC) Commission recommended the relocation of  some its military missions, resulting in a net employment loss for the community. In response, the city successfully applied for a grant from the Department of Defense's Office of Economic Adjustment. The grant is funding a regional plan developed by TIP that will offer strategies for economic diversification, guide future development, and address community image.
TIP Strategies is working with Lake County, Florida to craft  an economic development strategic plan. Our team will work with stakeholders in Lake County and the Orlando region to assist in the development of a plan that embraces entrepreneurship, addresses quality of place, and ultimately leads to a more diversified economic base. |
| What We're Reading @ TIP
The staff at TIP Strategies often has spur of the moment conversations about what we're reading. Here are a few of our latest recommended reads:
live first, work second Rebecca Ryan - Anecdotes,  personal experience, and the wealth of information garnered from over 25,000 interviews with young professionals, make Ryan's new book a must read for leaders wanting to keep up with generations in the workplace. Her insight into what it takes to make a company a great place to work will have employers and employees at the drawing board to figure out new tactics to implement in their offices. Find out more by clicking the image to the right.
Any recommendations for us? Send your favorite articles, books, podcasts, blogs, or videos to TIP Strategies. |
| Speaking Engagements
Our team members regularly present on issues surrounding economic development. Contact us if you would like to have TIP Strategies as part of your next event.
TIP Strategies is a Gold Sponsor of the 2007 International Economic Development Council's Annual Conference - New Leadership, New Models, in Phoenix, AZ, September 16-19. Jon Roberts is moderating The Talent Question: Can the U.S. Compete?, on Monday from 10 to 11:30 a.m.
The Austin-San Antonio Growth Summit, hosted by the Austin Business Journal, will take place at Texas State University on September 21; from 11 a.m. to 2 p.m. TIP is a table sponsor for the event.
TIP is a sponsor for the Texas Economic Development Council's annual meeting in Dallas, September 26-28.
Karen Beard and Tom Stellman will teach sessions for the Basic Economic Development Course in Dallas, September 25-28. | |
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TIP STRATEGIES, INC.
Who We Are: TIP Strategies works with communities throughout the country to develop innovative, publicly supported economic development strategies.
What We Do: TIP provides clients with the tools they need to better understand their economy and the alternatives available to them. We offer a host of services:
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Economic Development Strategic Planning
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Economic & Fiscal Impact Analysis
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Workforce Analysis
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Marketing Services
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Retail Development & Analysis
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Entrepreneurship Strategies
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Corporate Strategies
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Downtown & Infill Redevelopment
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Attainable Housing Analysis & Planning
Our Approach: At TIP Strategies, we believe that talent, innovation, and place provide essential building blocks for economic vitality. We realize that economic development cannot take place in a vacuum. While traditional tools and conventional approaches continue to have their place, we believe that successful strategies require a broader, more inclusive viewpoint.
Our clients attest that our commitment extends beyond any assignment we undertake. Over the past 10 years, TIP has steadily built a reputation for progressive thinking, client relations, and personal attention to the details of implementation.
We'd like to hear how TIP can be of assistance to you.
TIP STRATEGIES, INC.
7000 N. MoPac, Suite 305
Austin, TX 78731
512.343.9113
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