Strategic Initiative for Economic Growth

Purpose:

To identify a clear path for growth in the Missouri economy, the 2010 Strategic Initiative for Economic Growth has been launched by Governor Nixon. The Initiative will engage representatives from business, labor, higher education, and economic development across the state to chart a path for transforming the Missouri economy into a long-term, sustainable, 21st century growth economy. The initiative will be coordinated by the Missouri Department of Economic Development and a professional facilitator experienced in economic development strategic planning. Upon completion of the 6-9 month process, the final Initiative plan will identify a vision and mission for transforming the Missouri economy within 5 years; data driven strategic and tactical plans required to accomplish the vision and mission; targeted high growth industries that will drive economic growth in the state; and other economic factors that support long-term economic growth including innovation, workforce, access to capital, quality of life, tax structure and incentives.

Leadership:

  • The Initiative management and oversight will be by Mike Downing, Director, Missouri Department of Economic Development.
  • The Executive Advisory Committee is Bill Downey of Kansas City Power & Light (Kansas City); Ann Marie Baker of UMB (Springfield); David Steward of World Wide Technologies (St. Louis); and Paul Combs of Baker Implement (Kennett). This committee will provide overall guidance and direction on the process.
  • The Strategic Initiative Steering Committee, comprised of business, education, economic development, and labor leaders from all parts of the state, will have the following tasks:
    • Review and analyze information and data regarding Missouri‚Äôs economy, current and potential initiatives and strategies, and other related material.
    • Provide input and recommendations on proposed strategies and tactical action plans.
    • Review and comment on the final plan content.
  • Regional Planning Councils, comprised of business, education, economic development, and labor leaders from six areas of the state will provide input and comment on key strategies and tactical plans for the state and their region.

Contact for further information:

Mike Downing, Director, Missouri Department of Economic Development, 573-751-5799 or mike.downing@ded.mo.gov


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