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Vermont is not always the first place people think of when they are asked to consider call out tech hubs, but our state has been noticed on a national level as a burgeoning place of technological innovation. Dimitri Garder of Global Z shares his perspectives on why his company is in Vermont, and why he stays.
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Global-Z International:The Modern Family Farm
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…in this Problem Domain
Organization: Mandarin OrientalBuilding #: 5
5號Street Name: Connaught Road Central
干諾道中Subdivision: Chung Wan
中環Area: Central
中西區District: HK
香港島Country: Hong KongLatitude: 22°16'54.3"NLongitude: 114°09'33.5"E
Mandarin Oriental
5 Connaught Road, Hong
Kong
Address1 City Province PostcodeTHERESIENSTR. 29 MUNICH 80333THERESIENSTR. 29 MUNICH 80333THERESIENSTRASSE 29 MNCHEN 80333THERESIENSTR 29 MNCHEN 80333THERESIENSTRASSE 29 MUENCHEN 80333
Address District City PostcodeTheresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333
• Marketing Communication• Customer Identity Management• MDM• CRM• Big Data
14 Astell StreetLondonSW3 3RUUNITED KINGDOM
- Dimitri Garder- Dimitri Garder- Dimitri Garder
19Employees, and counting
25Years in Business
8.8%CAGR 1998-2012
(14 years)
13Average Employee Tenure in
Years
5.7Average Customer Tenure in
Years
8.0Average Tenure of Top 10
Customers
13.5Average Tenure of Top 3
Customers
Why we Started
How we Started
Where we Started
Why Vermont?
Community
Family
3-6Months to Fill a Job Opening
6-12Months to Train a New Recruit
1%Average Employee Turnover
Rate
Challenges
Labor Market
3.5%Vermont’s Unemployment Rate
14%Bennington’s Poverty Rate
Bennington’s Poverty Rate
Source: governor.vermont.gov
Rank Town Per-capita Income
Population
1 Old Bennington $40,884 139
2 Manchester Village $40,851 749
9 Dorset $32,956 2,031
13 Manchester $30,499 4,391
…
48 Arlington $23,277 2,317
66 Sandgate $22,096 405
69 Shaftsbury $22,035 3,590
127 Sunderland $19,453 956
171 Woodford $17,752 424
178 Pownal $17,669 3,527
188 Bennington $17,290 15,764
205 North Bennington $16,832 1,643
237 Glastenbury $15,436 8
…
282 Ferdinand $9,138
Source: http://en.wikipedia.org/wiki/Vermont_locations_by_per_capita_income
Income Disparity
-581Vermont’s 2012 Population
Decline
#2Vermont’s Nationwide Rank in
Median Age
16.4%Vermont’s Population 65 and
Over
25%Projected 65+ in 2030
Outstanding Employee Benefits
401(K) with Match
Profit Sharing
100% Sponsored Family Health Plan
Lots of Holidays
Flexible Work Environment
Lots of Birthday Cake
Vermont’s Brand
Create a Local Brand
Build a Local Brand
Community Support
• Regional Development Corp.• Bennington Chamber of Commerce• Workforce Investment Board• Bennington Economic Development
Partners• Better Bennington Corporation• VT Business Roundtable• Bennington Idea Fund
Vermont Expats
Envisioning Vermont’s Future
Market Key Performance IndicatorsS
tren
gth
s +
Str
ate
gic
Com
peti
tive A
dvan
tag
es
Grass Roots
Thank You!