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WDC of Seattle-King County and enterpriseSeattle:. Washington Economic Development Association 2011 Spring/Summer Conference June 15, 2011. Collaborating for Industry Cluster Analysis and Development . Relationship - Background. Formal Partnership Board and executive committee seats
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WDC of Seattle-King County and enterpriseSeattle: Washington Economic Development Association 2011 Spring/Summer Conference June 15, 2011 Collaborating for Industry Cluster Analysis and Development
Relationship - Background • Formal Partnership • Board and executive committee seats • Grant execution and project partnerships • Service delivery to client companies • Informal Partnership • Information sharing • Board member/community leader sharing • Champion for each other’s mission and organization
Diving Deeper into Our Economy Opportunity and Challenge: Puget Sound Regional Economic Strategy-Prosperity Partnership
Prosperity Partnership & the Regional Economic Strategy A Two-Pronged Approach PROSPERITY PARTNERSHIP ACCOMPLISHMENTS NEW REGIONAL ECONOMIC STRATEGY FEEDBACK AND SUGGESTIONS
Diving Deeper: Our Economy • Understand Our Niche Expertise within Industry Clusters • Make Connections with the Companies within those Niche Clusters • Assist in the Success of these Companies Serving the mission of both organizations
Diving Deeper: Our Economy Interactive Media Analysis • Convened a sector panel, developed a career map and a plan to meet long-term cluster workforce needs. • Competitive market comparisons for interactive media • Serving the industry: Academy of Interactive Entertainment
Diving Deeper: Our Economy Fashion and Apparel Analysis Jointly funded analysis identified: • Industry cluster impacts and strengths • Workforce needs and occupations • Emerging trends in apparel technology • Industry cluster recommendations for growth
Diving Deeper: Our Economy Financial Services Analysis Jointly funded analysis identifying: • Size and impact of the cluster in our state • Subsectors that make up the cluster • Opportunities to influence industry’s growth • Workforce opportunities and challenges
Program Data Results • Interactive Media career map • Strategic market intelligence gathered—we know our value proposition • Understand gaps between jobseeker skills and employer needs • Specific recruitment successes (AIE)
How-to and Lessons Learned • Quantitative and qualitative • Analysis, not a study • Look for what makes your economy unique • Bring in other partners to help fund • Hold an event to announce the findings and generate media attention • Just the beginning
Data driven • Serving multiple purposes • Leveraging each organization’s strengths for the benefit of both The Value of this Collaborative Approach to Understanding our Economy
What Is Next • Prosperity Partnership Update • Industry cluster activity • Industry support • Cross-sector collaboration and skills evaluation
Contact us! Marléna Sessions, CEO msessions@seakingwdc.org www.seakingwdc.org Jeff Marcell, President/CEO jmarcell@enterpriseseattle.org www.enterpriseseattle.org