bsp2: business innovation stratregies 08/11/10

8/8/2019 BSP2: Business Innovation Stratregies 08/11/10

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Outreach & Innovation

Clark CountyBusiness Services Partnership

Bonnie Moore 08/11/10


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Todays Agenda

Time Topic

8:30 8:40 1-1 Networking

8:40 9:00 Partner Pitches: CREDC & SWWDC

Leveraging Clark County Strengths:

Business Innovation Strategies

9:00 9:15 XSUNX Presentation:Centers of Excellence

9:15 9:45 Outreach Case Study

9:55 10:00 News & Event Updates


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Business Services PartnershipPositioning Businesses for Growth & Jobs

Collaborative

Business Outreach

Stakeholder

Education

Creative Problem

Resolution


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Boiled Frog Syndrome


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Partner Pitch: Workforce Policy

Development

Workforce TalentDevelopment

Job Creation &

Retention


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Partner Pitch Economic Policy Development

Capital Investment

Job Creation


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What keeps a company fromgrowing & expanding?

A. Restricted access to capitalB. Strong competition

C. Cost and availability of talent

D. Excess regulationsE. Other

QUESTION


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Greatest

Growth Constraints


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Required Capabilities forG

rowth


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innovation

Process by which an idea or invention is

translated into a good or service for which

people will pay.

PRODUCT

PEOPLEPROCESS

PERFORMANCE


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Industry EvolutionTechnology-driven Innovation:

Music Media Industry

MP3sRECORDSCASETTE

TAPESCDs

BUILT

FOR SALE

Product Design - R&D Investment


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Industry EvolutionApplications-driven Innovation:

Escalator Industry

ESCALATORS MOVINGWALKS

BUILT

TO LAST

Product Diversification Market Research


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Industry EvolutionCost-driven Innovation:

Automotive Industry

BUILT

FOR GROWTH

ECONOMICAL

PASSENGER CARSCOMMERCIAL

VEHICLES

Manufacturing Process Improvement


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Location Quotient: 2006-2009

A

B

C

D

A = Clark County Competitive Advantage


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Clark County: StrategiesC: Larger + Contracting A: Larger + GrowingIndustries: Paper, Telecom,

Construction, Machinery

Industries: Computer/Electronics,

Wood Products, Healthcare

Strategy: Diversify Strategy: Expand

Tools: Product Diversification (i.e.

Renewable Energy), Govt Sales

Tools: Training, Site Selection, Capital

Investment Incentives

D: Smaller + Contracting B: Smaller + Growing

Industries: MiscellaneousManufacturing

Industries: Fabricated Metals, Rubber& Plastics, Professional Services

Strategy: Disregard Strategy: Differentiate

Tools: N/A Tools: Market Research, Marketing,

New Markets (Exports), Training


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Business Services Toolbox

Emerging

Growing

Maturing

Declining

Closure

Emerging Growing Maturing Declining Closure

Capital Acquisition

Workforce Development

Operational Competitiveness

Business Planning & Support

Community Involvement

Delivering

Services

based on

Business Life

Cycle Needs


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HR

Operations

Sales

Marketing

R&D

Engineering

Finance Investors

Internal/External InnovationIndustry

Peers

Industry

Competitor

Supplier

Customer

Industry

Analysts

Business

Partners


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3 Pillars of Outreach

RELATIONSHIP COMMUNICATIONS

BENEFIT

How can Ifulfill thecustomers

need?

How do I builda good

connectionwith the

customer?

How does thecustomer prefer

to


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News & Events 09/15 PubTalk Entrepreneurs Event

09/30 CleanTech Energy Forecast

10/20 Exporting 101 Event

bsp2: business innovation stratregies 08/11/10

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