ECONOMIC DEVELOPMENT BLUEPRINT

STRATEGIC FRAMEWORK FOR THE GREENVILLE AREA DEVELOPMENT CORPORATIONs ROLE IN THE ECONOMIC DEVELOPMENT PROCESS

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SECTION 1 FOREWORD
A Blueprint for GADCs Role in the Economic Development Process
The Greenville Area Development Corporation (GADC) Board of Directors recognizes that economic development in Greenville County is a multi-faceted and multi-layered process involving multiple organizations whose role in each component of the economic development process varies. The board also recognizes that its annual goals and initiatives for the organization should be consistent with the role of GADC in each component part of the economic development process. Therefore, GADCs board will develop a blueprint which clearly delineates GADCs role in each component of the economic development process. The process for developing this blueprint will include identifying the components of the economic development process and determining the appropriate role of GADC in each component based upon the existing structural relationships of all organizations directly involved in economic development or any organization that can impact a particular component. GADCs role will be clearly delineated as either directly managing, supporting, or coordinating: Directly managing to bring about, orchestrate, oversee, take charge of or influence directly Supporting to advocate, act with and assist in performance of, maintaining but not dominating Coordinating to effect action with others of equal rank and importance

Upon completion, the blueprint should provide both a written and visual presentation of GADCs role in the economic development process. This blueprint can then guide future boards in developing initiatives in each area of economic development along with the corresponding goals for GADC staff. Additionally, the blueprint and its accompanying initiatives/goals will allow the board to develop metrics for measuring annual and multi-year success. PURPOSE To promote and enhance the economic growth and development of Greenville County for the benefit and welfare of the citizens of the County. MISSION To improve the quality of life of every Greenville County citizen by facilitating investment and job growth from new and existing companies and serving as a liaison for client companies with local and state government and the Greenville business community. Our Mission will be furthered by coordinating the resources of the GADC with other community based groups dedicated to promoting economic development.

Section 1

FOREWORD

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GADC MANDATES Generate new business, jobs, investment

- identify, contact, manage, negotiate, close deals

Retain and grow businesses, jobs, investment Promote infrastructure development as needed Market Greenville County to key target audiences in accordance with GADCs mission Develop systems, processes, data, research and tools to ensure sustainable success Facilitate private sector investment to support efforts of the organization Ultimately, the GADC will achieve its core mission by committing and focusing its efforts and initiatives in furthering a multi-dimensional economic development strategy for Greenville County. These seven strategic dimensions of a comprehensive economic development strategy have been identified as: 1. Investment and job creation initiatives 2. Incentives 3. Educated and skilled workforce 4. Transportation infrastructure 5. Product & Other infrastructure 6. Strategic Alignment 7. Quality of life Each is outlined in more detail in the subsequent sections. Pursuing the Mission of improving the quality of life for every Greenville County citizen by facilitating investment and job growth from new and existing companies is a daunting task under any circumstances; however, without a clear blueprint and strong leadership to accomplish the goal, it is beyond reach. That is the primary purpose of this Economic Development Blueprint to serve as a strategic tool and starting-point for the challenging and inspiring journey ahead.

Section 1

FOREWORD

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This document is dynamic and will change over time, outlining where the GADC stands at a given point in time, and identifying important initiatives that will help guide our community to a brighter future: To influence the future, rather than be influenced by it, through the power of a plan To embrace innovative thinking, collaboration and continuous improvement in every aspect of GADCs daily operations To advance in a way that will ensure the successful future of our community, our citizens, and our organization The commitment is evident and tangible. The leadership of the Board of Directors and the GADC team has never been more necessary.

The challenge awaits us.

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FOREWORD

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SECTION 2 STRATEGIC DIMENSIONS

Addressing the seven strategic dimensions noted in the Foreword demands absolute clarity in goal and strategy setting. The Board of the Greenville Area Development Corporation has outlined each of the dimensions and incorporated the following into its analysis: The organizational mandates of County Council which each addresses The proposed role that the GADC should play Vital strategies and key participants to be called upon in implementing those strategies Primary initiatives impacting each strategy o Existing initiatives are reflected where appropriate o As new initiatives are undertaken, these will be added A list of metrics for determining status and evaluating progress At this time, this is a working document intended to provide a framework for development of a blueprint for the GADCs role in an integrated, holistic economic development plan. It is not yet comprehensive or complete, and we welcome your own thoughts and contributions as we move forward with this undertaking.

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Strategic Dimensions

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