Strategic Economic Development Plan
Please find below the final implementation strategy document and technical appendix supporting the plan as tendered by RKG Associates in conclusion to the recommendations stage of Danville-Boyle County's Strategic Economic Development Plan.
Strategic Planning Initiative
What is our community’s shared vision for economic development over the next ten years? How do we move forward together to fulfill that vision? These are the critical questions an economic development strategic plan should answer.
There is broad consensus among the EDP and Partner boards and their executives to envision our community’s future development objectives and to map strategic paths toward them. As we near the EDP’s tenth anniversary (2016), it is an opportune moment to recalibrate our focus to enable continued business recruitment, retention, and growth for the next ten years in an increasingly competitive global arena. That focus should not be upon the EDP as an organization alone, but upon our entire community’s expectations, attitudes, policies, and processes impacting the local environment for economic development.
This page provides links to key documents and reports in a chronology of the EDP's strategic planning process.
- EDP Planning Workgroup: The EDP Board of Directors requested volunteers from its members, Partner board/government body members, and executive staff to serve on an EDP Planning Workgroup that launched its work on July 1, 2015. Members of the Planning Workgroup are: Richard Trollinger, EDP Chairman; Ben Nelson, EDP Secretary/Treasurer; Jody Lassiter, EDP-BCIF President/CEO; Kasey Hill, EDP Communications Director; John Albright, BCIF Chairman; Paula Fowler, Chamber of Commerce Executive Director; Michael Strysick, CVB Treasurer; Jennifer Kirchner, CVB Executive Director; Tom Poland, Heart of Danville President; Harold McKinney, Boyle County Judge-Executive; Mike Perros, Mayor of Danville; and Centre College student intern Chris Kinnard. Ben Nelson is the facilitator for the workgroup.
- What's Next? Choice Not Chance. (June 1995): This economic development plan led to the creation in 1996 of the Danville-Boyle County Community Development Council, Inc., which was then reorganized in 2006 as the Danville-Boyle County Economic Development Partnership, Inc. The EDP Planning Workgroup chose as a preliminary step to review this plan to better understand the history of our community's past planning effort as well as the results of that 1995 plan. The workgroup reviewed each of the plan's 47 recommendations to determine whether they had been completed, whether they had been adopted as ongoing practices, whether they were still in process but not yet completed, or whether they had become irrelevant over time.
- Review of Plan Recommendations Status & Results
- Presentation by Mark Waterhouse, President, Garnet Consulting, Inc. (August 19, 2015): Mr. Waterhouse was one of the consultants who developed and authored the 1995. He reviewed the local conditions and issues in the community leading to the plan at a joint meeting of all EDP Partner board members on August 19, 2015.
- Key Result Areas (April 22, 2015): At two workshops between the EDP Board of Directors and the Danville City Commission and their respective staff members on March 16, 2015, and April 22, 2015, these five (5) key result areas were determined to be the shared objectives for a future economic development planning process. These key result areas were confirmed at the May 27, 2015, and June 17, 2015, meetings of the EDP Board of Directors.
- Key Result Area 1 Status Report/Key Result Area 2 Review (July 15, 2015): EDP Secretary/Treasurer Ben Nelson reported on the status of tactical items under Key Result Area 1 and reviewed Key Result Area 2 at the EDP Board of Directors regular meeting on July 15, 2015.
- Benchmarking Recommendations & Questionnaire (September 1, 2015): These benchmarking recommendations and proposed interview questionnaire were made to the EDP Planning Workgroup at its September 1, 2015 meeting by BCIF Chairman John Albright and EDP-BCIF President/CEO Jody Lassiter after incorporating input from other workgroup members. The benchmarking recommendations are divided into two parts: (1) economic development organizations (EDOs) with identified best practices and (2) Micropolitan Area communities that have consistently ranked in SITE Selection magazine's top ten micros for new/expanding business development, 2006 - 2014.
- Newspaper Column: EDP's Goal is Continuous Improvement (September 8, 2015): EDP President/CEO Jody Lassiter's monthly column in the Danville Advocate-Messenger in September 2015 was dedicated to the objectives of the EDP's strategic planning initiative.
- Key Result Areas 1-2 Status Report/Key Result Area 3 Review (September 16, 2015): EDP Secretary/Treasurer Ben Nelson reported on the status of tactical items under Key Result Areas 1-2 and reviewed Key Result Area 3 at the EDP Board of Directors regular meeting on September 16, 2015.
- Revised Benchmarking Recommendations & Questionnaire (September 29, 2015): At its meeting on September 29, 2015, the Planning Workgroup revised the Benchmarking Recommendations to include Paducah, Kentucky, for potential review for comparison and best practices in community/economic development. The workgroup also began discussion on models and templates for developing a Request for Proposal (RFP) to advertise for consulting services to further facilitate the strategic planning process.
- Economic Development Organization Benchmarking Session 1 - Nelson County Economic Development Agency (NCEDA) - Bardstown, KY (October 29, 2015): Members of the EDP Board of Directors and executive staff met with their NCEDA counterparts and their Partner organizations in Bardstown for the first economic development organization benchmarking session of EDP's strategic planning initiative. NCEDA was the model for EDP's creation in 2006. The NCEDA group's responses to the EDP's benchmarking questionnaire were recorded for a consistent review of all benchmarked organizations.
- Boyle County 2015 General Election Exit Poll - Centre College Professor Benjamin Knoll's Political Science Classes (November 3, 2015): The question "What do you consider to be our community's most important economic development priorities?" was included at the EDP's request in the 2015 general election exit poll conducted by Professor Knoll's Centre College classes as a class project.
- "Make It Your Business: A Community Conversation with the EDP" - Session 1 (November 4, 2015): At the first of several planned community forums hosted by the EDP at the Boyle County Public Library, 69 community leaders and citizens responded to an open invitation from the EDP to answer three questions in the format of five small groups. The questions broadly inquired about each small group's top community and economic development priorities, how best to achieve those priorities, and finally how to measure success in pursuing those priorities. The responses of each small group were collected and compiled to identify consistent trends and to compare with other future forum responses.
- "Make It Your Business: A Community Conversation with the EDP" - Session 2 (April 5, 2016): In a second community forum hosted by the EDP at the Boyle County Cooperative Extension Service, the format of Session 1 (above) was replicated at an early evening session to allow other community participants to engage in the conversation.
- VIDEO: RKG Associates' Presentation to Local Governments I (December 1, 2016): In the second community visit during their strategic planning data and information collection process, Kyle Talente and Lauren McKim Callaghan of RKG Associates presented findings of their preliminary research and analysis about Danville-Boyle County's demographics, economic base, and real estate market to county and city government officials. RKG's PowerPoint presentation may be viewed or downloaded here.
- VIDEO: RKG Associates' Presentation to Local Governments II (January 25, 2017): In the third community visit during their strategic planning data and information collection process, Kyle Talente of RKG Associates presented a proposed set of goals to guide the Economic Development Strategic Plan (EDSP) and preliminary findings about Danville-Boyle County's target industry/workforce analysis to county and city government officials. RKG's PowerPoint presentation may be viewed or downloaded here.
- VIDEO: RKG Associates' Presentation to Local Governments III (March 16, 2017): In the fourth community visit during the strategic planning process, Kyle Talente of RKG Associates reviewed the adopted goals for the Economic Development Strategic Plan (EDSP) and presented a suggested implementation framework to county and city government officials. RKG's PowerPoint presentation may be viewed or downloaded here.
- VIDEO: RKG Associates' Presentation to Local Governments IV (April 20, 2017): In the fifth community visit, Kyle Talente of RKG Associates presented suggested recommendations for organization and structure of the economic development organization. RKG's PowerPoint presentation may be viewed or downloaded here.
- VIDEO: RKG Associates' Community Conversation (June 6, 2017): In the final community visit, Kyle Talente of RKG Associates reviewed the strategic planning process and its objectives prior to the release of a final plan document, previewed future implementation approaches, and engaged in a question-and-answer session with members of the community.
- Current Partner Tactical Plans: Economic development is a fast-paced, ever-changing environment that requires flexibility and a nimble response to planning and its implementation. Each economic development organization (EDO) Partner, such as the Industrial Foundation, Chamber of Commerce, CVB, Heart of Danville, and Main Street Perryville, has traditionally adopted and continues to utilize short-term "tactical" plans or action agendas targeting the plan of work for a fiscal or calendar year or perhaps a longer time period. These plans are adopted by each individual Partner's board of directors in pursuit of their specific mission and priorities as part of the EDP.
- IEDC: The EDP is a proud member of the International Economic Development Council, a non-profit, non-partisan membership organization serving economic developers. With more than 4,500 members globally, IEDC is the largest professional organization of its kind. Through IEDC's considerable through its Economic Development Research Partners Program, the EDP has direct access to many valuable, substantive studies that can aid and guide our strategic planning initiative without "recreating the wheel" at additional expense. Given the five (5) Key Result Areas driving our strategic planning process, the following IEDC studies and reports are posted for the review and information of our Partners, their boards or governing bodies, and our community stakeholders.
- The Future of Economic Development
- Economic Development Organizations
- Economic Development Funding
- Performance Metrics
- Manufacturing Job Development
- Workforce Development
- Other Resources: Through the EDP's other professional and organizational networks, many informational resources about economic development best practices are available.
- Oxford Economics: Destination Promotion: An Engine of Economic Development