Sustainable and renewable regional growth is a primary objective for economic
developers at the state and regional level. However, a pathway to future
successes requires understanding past and present economic and workforce
Are industry clusters and the region’s current mix of industries and
occupations contributing positively to your region’s prospects for future
How have technological revolution, globalization, and deregulation affected
growth in your local region?
Does your region possess a mix of emerging high-tech clusters?
What regional characteristics lead to growth in high-tech industries?
How does the national climate affect high-tech industry growth?
Is entrepreneurial activity contributing to your current growth?
Are you targeting industries for relocation that support your regional and
local competitive advantages?
Chmura Economics & Analytics brings together the skill and experience to
analyze the underlying root causes for how, why and what behind your region’s
upward or downward growth. More importantly, we identify your region’s current
strengths within the context of the national economy to offer directed
strategic intent options.
Action planning - These 2-day sessions are packed with everything your
organization needs to breathe life into your strategic plan and business plans.
Actions plans are designed to take strategic intent to the operational level
across divisional and department divisions. Action plans address the who, what,
and how of your strategic and business plans.
Focus Groups - Managing the dynamics of multiple groups is critical
to a successful focus group session. Understanding how to apply data to set
goals and achieve consensus is vital to any mission. Our focus group sessions
help natural leaders emerge while teams work to bring the relevant issues to
the discussion table. Our sessions are built on performance management
processes, business process improvement practices, and Malcolm Baldridge
Industry Clusters – A cluster is a geographic concentration of
interrelated industries. Clusters are popular economic modeling tools used to
evaluate a region’s competitiveness. They offer advantages for sorting a
region’s industry mix for perceived, potential, and actual market advantages.
The firms and industries in clusters can be both competitor and customer with
overlapping maturities ranging from emerging and embryonic to stable and
declining. Long-range collaborative planning between workforce and economic
development officials is enhanced through the identification of clusters of
industries and corresponding occupations that provide the greatest potential
for creating value for workers and the region.
Read more about Chmura Impact Study services.
Labor Market Studies
Chmura offers Labor Market Studies customized to your individual needs.
Some organizations offer Labor Market Studies that are little more than a "data dump," with no indication of what is important.
While we have always provided accurate, timely data, it is our analysis that sets us apart from the competition.
Our customized labor market studies include the data you seek, while providing commentary and analysis to help the non-economist understand the story behind the data.
After all, without understanding, data is just a lot of numbers.
Site Selection Consulting
Site Selection Consulting - Economic growth in a state,
metropolitan area, county, or census tract can differ dramatically from that of
the nation. Consequently, expanding into a region with a particular industrial
or demographic base may enhance or dampen product sales. Moreover, firms need
to determine if the workforce skills are present in a region where relocation
is considered. Many businesses do not possess the necessary data or analytical
resources for accurate regional workforce and market analysis. As a result,
sales growth from expansions may not live up to expectations.
Chmura Economics & Analytics can help you determine if a particular region
will support your growth expectations.
Software Solutions - Our
MarketsEQ target marketing model and processes are in beta stage after
successful prospects and relocation prospects were identified using these
tools. View more information about how
your organization can partner in the beta of this product.
Strategic planning - Strategic planning is a sub-process of business
process improvement processes. It is dynamic and must be flexible enough to
meet the rapidly changing environment for fluid organizations poised toward
adaptation. Strategic plans are made or broken by the quality of key link
strategies. Chmura's strategic plans are designed to link organizations to key
initiatives by well designed key local strategic initiatives and response
strategies that include KRAs (key result areas) and MIOs (major improvement
opportunities). Chmura strategic plans are carefully designed to link the
organization to key initiatives ensuring optimal opportunities of achieving
customer satisfaction while simultaneously focusing the organization for
continual process improvements resulting in a healthier bottom line.
Target marketing – Do you know what industries and firms your region
should be targeting? Innovative economic developers know that in today’s
economy, the knowledge base of their local workforce is key to leveraging the
strengths of their region to prospect firms. Doses your organization know what
industries and firms they should be targeting based on the current mix of
industries and occupations? Does your organization have a target marketing plan
that encompasses the best drivers for change based on industry and workforce
trends? Chmura has development a proprietary process for targeting firms most
likely to do business in your locality.
us to request more information about Economic Development.