2002-2003
Strategic Planning Process
Economic Development Company of Lancaster
County
EDC Finance Corporation
The
Need for Strategic Planning
Since EDC’s last full strategic planning
effort more than a decade ago, the landscape of economic development
in Lancaster County
has changed dramatically. Organizations with more narrowly-focused
missions have been founded to address specific issues or the needs
of defined geographic areas. The list of organizations that
participate in the economic and community development process in
Lancaster County
includes more than 50 entities (not including all of the boroughs
and townships). While not all of these organizations were created
in the last ten years, few of them listed “economic development” as
part of their mission in 1990.
With the increase in the number of organizations and a greater
appreciation for other organizations’ roles in economic development, no
entity has attempted to bring this collection of efforts together
in addressing larger economic development needs and goals within
the context of overall community development. Strategic thinking
tends to begin and end with each organization’s own mission
or geographic boundaries.
A recent study by the National Development
Council on behalf of the Lancaster County Planning Commission includes
some of the following
comments about economic development in the County:
“Operationally, the system was described as fragmented
and as reactive.”
“However, there were opportunities to make the system
work better.”
“The first area of opportunity would be to enhance coordination among
the system’s players.”
“The preference was to have a proactive system that operates
with consensus
and clear direction.”
“The lack of a lead player was seen as the main obstacle to
achieving the optimal
delivery of economic development services.”
The EDC Strategic Planning Steering Committee worked throughout
2002 to determine what issues should be addressed by an EDC strategic
plan and how to go about
addressing them. Visits to other economic development organizations offered
examples of similar entities that are undertaking much broader programs of
work and attempting
to provide leadership within their communities
Questionnaires mailed to Lancaster
business and community leaders and interviews with several such
leaders helped to define leadership and coordination
of economic development efforts as a key issue and development of a strategic
plan for economic development as a key opportunity. The Steering
Committee believes that EDC must involve local economic development,
community development, and municipal organizations in a process that
defines
a long-range strategy for economic development in Lancaster County and
outlines how it will be led.
Findings and Recommendations
Within this context, the Strategic Planning Steering Committee offers
the following recommendations for defining EDC’s role in the future
of economic development in Lancaster County.
1. There is a need for an organization to provide direction and
coordination of economic development efforts undertaken in Lancaster
County.
2. EDC’s role should be that of “Leading
through Coordination.”
3. The community and EDC would be well served
by having a long-range strategy for economic development. The
development of an economic development strategy for the community
will need to be a process that includes the EDC Board, various
community development groups, and municipal leaders.
4. During 2003, EDC should define the long-range
economic development strategy it will follow and the internal organizational
structure to support that strategy. The organization should meet
with other community development groups and municipal leaders to
determine if and how EDC should promote coordination
of economic
development in the community, what major issues are facing each group,
and what successful
economic development would look like in the future.
The economic development strategy should not recreate the County
Comprehensive Plan, rather it should be framed within the context
of the County’s
Plan. At the end of 2003, EDC will have refined a strategy for successful
community-wide economic development and what changes to the organization
are required.
5. During the planning process outlined for 2003,
EDC should continue to pursue its current program of work.
6. EDC would benefit from a broader constituency
of supporters and partners, including public sector entities and
other economic development-related organizations. Shifting toward
broader community representation in the economic development process
likely will result in significant changes to the makeup of the EDC
Board of
Directors.
7. EDC Finance Corporation is an under-utilized
asset that could become more active in undertaking needed economic
and community development
projects throughout Lancaster County. It also would benefit from
a broader constituency
and community
function.
The Process
Development of a community-wide economic
development strategy and defining EDC’s role in that strategy
will require the input and buy-in of many organizations. The Strategic
Planning Steering
Committee recommends the following process for completion of
the planning phase and initiation of the implementation phase.
1. Approve the hiring of an economic development planning consultant
to help direct EDC through this effort. The consultant will be
a key partner, though not the designated leader, and help EDC define
a process for developing a community-wide economic development
strategy.
2. In developing a community-wide economic development strategy
that also serves as EDC’s own strategic plan, EDC and the
consultant will:
• Ask other economic and community development groups
to help EDC define what successful economic development would
look like in the future.
• Approach other economic and community development entities in Lancaster
County to determine what major issues they are facing and how those issues
can relate to a larger vision for the entire County.
• Ask those same organizations for their input on whether EDC should serve
in a coordinator role (“leadership through coordination”)
that would help to bring together various development interests across
the County toward some set of common goals.
• Ask them for input on a draft economic development strategy that will
be developed as a starting point and refined throughout the strategy development
process. Major items to be addressed by the plan will include:
• Leadership and coordination
• Vision and planning
• Community involvement and inclusion
• Potential goals and objectives
• Advocacy
• Implementation — EDC role and structure
3. Throughout the process gradually build
support for the community-wide strategy for economic development,
as well as EDC’s
role within that strategy. Ultimately, the community economic development
strategy and EDC’s own strategic plan will merge into
one document and strategy.
4. As the strategy and EDC’s role are being
developed, define the organizational structure that EDC will need
to put in place in order to implement the plans.
This step would include defining funding needs and sources, staffing
requirements, and Board structure.
5. At the end of this process, EDC and EDC Finance
Corporation would reorganize, as appropriate, to become the organizations
outlined
in the plan and implementation would begin. At that point, EDC would
become an advocate for the plan and its goals.
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