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2024-789-E-Economic Dev-Creative Economic Development Consulting-Department Strategic Plan
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2024-789-E-Economic Dev-Creative Economic Development Consulting-Department Strategic Plan
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Contract
Date
12/17/2024
Contract Starting Date
12/17/2024
Contract Ending Date
12/17/2024
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<br />3 <br />Data Analysis <br />Our team will contribute to the SWOT Analysis with an economic and demographic analysis of Orange County. <br />We will analyze trends in population, labor force, employment, industries, wages, occupations, demographics, <br />income, affordability, and other data points that will show how the county is growing and changing. We will <br />benchmark Orange County to a few peer counties, the region, and state. Research will build upon the Orange <br />County Fact Book. <br /> <br />Additionally, we will analyze RTRP and EDPNC industry clusters and find those that align with industries <br />concentrated in Orange County. We will make recommendations on clusters to target for business attraction <br />and retention. We believe clusters need talent, infrastructure, supply chain, and centers of innovation to grow. <br />We will recommend strategies to strengthen existing clusters as well as attract companies in emerging <br />clusters. <br /> <br />To support Orange County’s focus on entrepreneurship and small business development, research will include <br />data points that illustrate how the ecosystem is trending. Similarly, the county supports the development of <br />agriculture related businesses. Data will be compiled on farm operations, acres, and output. <br /> <br />Workforce quantity and quality will continue to be the most important competitive differentiation between <br />locations. We will research and produce a Laborshed Assessment for Orange County to use for prospects and <br />for planning purposes. The assessment will include: <br />• Defining the Orange County laborshed <br />• Detailing the laborshed employment by zip code (final product will include data & interactive maps) <br />• Summarizing the potential business sources of labor <br />• Tabulating wage comparisons across the laborshed <br />• Aggregating regional industry and occupational growth patterns in recent years and projected forward <br />• Compiling and comparing educational attainment, local college graduates, and top program <br />completions. <br />Deliverable: Our team is expert at data visualization , incorporating tools such as Tableau. We will deliver the <br />data in easy to interpret charts and graphs and provide an overarching narrative that relates the data to the <br />Orange County economic development strategy. Information will be presented to the Project Management <br />Team in a milestone meeting. <br /> <br />Stakeholder Engagement <br />By engaging stakeholders, the consulting team will build consensus for a shared vision for the future of <br />economic development in Orange County. Stakeholder engagement ensures alignment with strategic partners <br />like municipalities, education, development allies, and business groups. <br /> <br />Our team will develop an engagement plan , list of stakeholders, and engagement <br />materials with input from the Project Management Team. We will include graphics <br />that can be shared on social media. The engagement plan will be designed to be <br />inclusive of the many voices in Orange County. <br /> <br />We provide a wide range of options for stakeholder engagement: virtual meetings, <br />one-on-one interviews, small group meetings, community input sessions, and <br />surveys. We ensure all voices are heard and are flexible in how we reach out and <br />meet with people. <br /> <br />Input from this wide range of stakeholders will be used, along with research and <br />consultant assessments, to inform the SWOT Analysis. <br /> <br />Example Engagement Promotion <br />Docusign Envelope ID: 122863EA-19E8-4E71-8604-98BA2A36EEF0
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