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Public53%
Private47%
Chart Title
Moving the 7 Rivers Region Economy Forward 2011 ANNUAL MEETING HIGHLIGHTS
INNOVATIVE SOLUTIONS TO KEY ENERGY ISSUES BASED ON ADVANCED ANALYTICS AND STRATEGIC THINKING.
What Happened COMPACT SIGNING
Signers of our Regional Principles of Collaboration Compact united to celebrate the signing of the document that commits them in thinking regionally, collaborating, cooperating, being good stewards of our region’s assets, thinking win-win, focusing our resources, seeking innovation, and measuring and celebrating our successes. Additional signers continue to be sought and celebrated.
PYRAMID AWARD WINNERS: KWIK TRIP & ORGANIC VALLEY
Kwik Trip and Organic Valley received the Pyramid Award for their collaborative and cooperative actions.
CELEBRATING 2010
Highlights can be found at http://www.7riversalliance.com/docs/AnnualReport2010.pdf
LOOKING FORWARD: THE 7 RIVERS NOW AND BEYOND PRESENTATION
The 7 Rivers Region presented the short-term and long-term goals for the region:
WHO ATTENDED
CONNECTING BUSINESS • INSPIRING INNOVATION • STRENGTHENING THE REGION
Vicki Markussen Executive Director
608.787.8777 [email protected]
La Crosse 39%
Winona 38%
Mankato 5%
La Crescent 4%
Caledonia 2%
La Farge 1%
Lewiston 2%
Camp Douglas 1%
Chatfield 1%
Madison 1%
Onalaska 1%
Rushford 1%
Trempealeau 1%
West Salem 1%
Westby 1%
Short Term Plans
Help companies enter new markets by holding a conference that provides resources and connecting businesses already exporting to particular markets
Promote using local vendors by creating a supply chain/company directory, promoting its use, and training companies on maximizing supply chains
Continue to market the region by showcasing our unique beauty and telling our success stories
Pursue innovation through attractions and retention of our creative class
Work on government collaboration by continuing our meetings of economic development professionals, pursuing a regional council of government, and communicating to multi-state governments areas to work together
Long Term Vision
To make our region more prosperous, we must ensure we have strong companies that bring fresh money into the region (i.e. exporting companies). These jobs pay higher wages, are more innovative, and have higher wage growth.
Recognizing that there are tremendous markets to be seized outside our state and national borders. Exporting companies that are competing with companies worldwide. The sooner we unite and leverage our shared assets, the more prosperous our region will be.
Making sure our region addresses the top factors in company’s competitiveness:
Talent-driven innovation
Cost of labor and materials
Energy costs
Taxes
We have the assets. We must think, act, and plan regionally to maximize them. MORE
The Path to Prosperity
FROM THE 7 RIVERS ALLIANCE ANNUAL MEETING April 8, 2011
The long-term goal is to become a region that recognizes our regional, shared assets, and together we
work to protect and grow them, making the businesses and therefore the people of our region more
competitive and prosperous. The steps to get there:
CHANGE MINDSETS
Get the public and private sector recognizing that the municipality next door is not the competition, but rather an ally in making our workers and our companies more competitive. Blur borders Form partnerships that are win-win Recognize that sometimes working with your competition makes both of you stronger — create an atmosphere of “cooptition”) Build Trust Break down silos of thinking (ex. industry specific) and form collaborations to overcome challenges and pursue new opportunities.
LINK OUR ASSETS
To generate a robust, localized ecosystem that can turbocharge our economy, we must make companies more competitive by linking our assets
People Institutions Capital Infrastructure
This means focusing on our opportunities as a region, pulling in companies, financing agencies, public entities and education to pursue these opportunities.
USE TOOLS FOR STRATEGIES
Link like-businesses that we have clusters in (healthcare, metal manufacturing, food processing, composites) for process, technology and labor innovation Look at the education our workforce has and how the skills are adaptable to emerging markets
Measure our ability to turn ideas into products and new businesses
Focus our resources, collectively, on our regional efforts
BUILD A PLATFORM FOR INNOVATION
With our assets identified, networking, and the right culture we will output innovation, high productivity and be prosperous. These foster even more assets that can be used for growth. We become more prosperous. We expand our recognition in the marketplace, generating interest in our region and retaining our businesses.
400 SEVENTH AVENUE NORTH, LA CROSSE, WI 54601 — 608.787.8777 t — 608.789.6290 f
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What Attendees
Said Afterwards
I was impressed with the level of interest and involvement from area businesses. Everyone I talked to gave me the impression of being passionate about the Alliance and what it does for the region. Stay the course, associations such as yours help to pave the way toward a stronger state and a stronger nation. I applaud your efforts. On the benefit of attending: Knowledge of focus and markets in your region that may or may not be available to us. Met some people who may or may not open some lines of introductions in networking. Afforded me the opportunity to consider different angles with to apply our regional focus initiatives.” Continue to encourage regional collaboration.”