Let’s Break it Down
Example Priority: Workforce Recruitment
Workforce recruitment and retention is a hot button priority popping up in economic development strategic plans across the nation. An IMCP can help take the goal of “attracting a skilled workforce” from your strategic plan and generate specific and measurable strategies to help achieve that goal.
Step 1: Gather the Data. In this example, the process for developing an IMCP would begin with surveys and discussions with business owners to determine their perceived challenges in attracting employees, as well as the skills and qualities sought after for their work.
Step 2: Using the Right Tools. Tools such as ESRI Tapestry or MySidewalk can be used to generate demographic information and “personas” for the market segment that meets the desired skillset (i.e., what are the socioeconomic traits of the people who typically work in Industry ABC, what are they looking for in an employer and a community, etc.)
Step 3: Find Your Audience. Market research can then be conducted to determine “where” these employees are currently (Another market or industry? Attending school for a specialized trade?)
Finally: Reach Your Audience. All of that data will then be used to identify specific tactics and timelines to reach these individuals. This can include developing messaging, marketing materials, and determining which channels and areas to best reach your audience.
Case in Point. AE2SCommunications recently completed an IMCP (which included several priorities focused on workforce and business recruitment) for the City of Monticello, MN. The project consisted of engagement with more than 500 community stakeholders, compilation of more than 275 pages of data, and resulted in ready-to-use marketing templates and a clearly defined list of strategies and tactics to achieve both short-term and long-term success – all tying back to the City’s economic development strategic plan goals.