Directory Resources Events
This course is held in partnership with International Economic Development Council (IEDC).
Register at https://www.iedconline.org/events/2018/10/18/training-course/training-course-business-retention-and-expansion/ using code ON18BRE for discounted pricing.
This interactive course presents the core components of a BRE program and why the concerns of local businesses need to be actively addressed. By building an understanding of business visitation techniques and survey methods, practitioners will be able to clearly gauge their community's business climate. Learn the "red flags" that may indicate a company is looking to move elsewhere, and learn how to structure an effective technical assistance program to respond to business concerns. This course helps participants understand how a BRE program relates to attraction, workforce development, small business finance, technology transfer and many other economic development activities.
Course Highlights:
• Establishing, maintaining and upgrading a BRE program • Creating effective models for business visitations and surveys • Customer-Relationship Management (CRM) techniques • Marketing a BRE program • Establishing an early warning system • Cluster and industry-focused BRE programs • Tracking and analyzing customer feedback and response • Quantitative and qualitative economic development metrics Agenda October 18 8:30 - 9:00 am Registration 9:00 - 9:15 am Speaker introductions and session framework Speaker introductions and a brief discussion of course objectives, desired outcomes and methodology. 9:15 - 10:30 am Main Group Exercise - Anytown, Anywhere This dynamic exercise will provide the underpinning and set the framework for the topics covered over the next two days. 10:30 - 10:45 am Break 10:45 - 11:30 am Global factors and trends that impact business retention and expansion policies, programs, strategies and desired outcomes In this session, attendees will learn about and discuss post-recession global realities and how they have fundamentally changed the private sector, economic development and business retention and expansion. 11:30 am - 1:00 pm Lunch on your own 1:00 - 1:30 pm Global factors and trends that impact upon business retention and expansion policies, programs, strategies and desired outcomes (continued) 1:30 - 2:30 pm Workforce development as a driver for business retention and expansion This session will examine new workforce development realities and how they will shape community building and business retention and expansion programs. 2:30 - 2:45 am Break 2:45 - 3:30 pm Old and new stakeholder perspectives on business retention and expansion In this session, attendees will learn about the changing face of business retention through three unique stakeholder perspectives. 3:30 - 4:00 pm Business retention and expansion objective, outcomes and benefits 4:00 - 4:30 pm Business retention elements Here, attendees will learn about the four mission critical elements of any business retention and expansion program. October 19 8:30 - 9:30 am Business retention elements (continued) 9:30 - 10:00 am One-to-one database marketing and the correlation to business retention and expansion Key principles from one-to-one database marketing for successful business retention and expansion will be examined and discussed. 10:00 - 10:15 am Break 10:15 - 11:00 am One-to-one database marketing and the correlation to business retention and expansion (continued) 11:00 am - Noon Stratifying and identifying your best customers All customers are not created equal. This session will help attendees identify and understand who their best customers how to utilize with for successful business retention and expansion. Noon - 1:00 pm Lunch on your own 1:00 - 1:15 pm Implementation scenarios Attendees will examine business retention and expansion programs in rural, urban, regional, state/provincial markets and discuss their similarities and differences. 1:15 - 1:45 pm Using business intelligence obtained through business retention and expansion Connect the dots between business retention and expansion and relevant programs, policies and strategies and learn how to integrate BRE into the larger economic development picture. 1:45 - 2:00 pm Business retention and expansion for disaster preparedness and recovery Business retention and expansion for disaster preparedness and recovery. 2:00 - 2:15 pm Marketing and branding your business retention and expansion program You've put together your BRE program, but to connect with businesses, you first need to educate them. Marketing and branding are an important part any successful business retention and expansion program. 2:15 - 2:45 pm Using social media for business retention and expansion The use of social media is pervasive in today's world. This session will examine its relevance and uses for business retention and expansion. 2:45 - 3:00 pm Leveraging resources and final takeaways A fast-paced summary of the course and content. 3:00 - 3:15 pm Wrap-up and certificates
• Establishing, maintaining and upgrading a BRE program • Creating effective models for business visitations and surveys • Customer-Relationship Management (CRM) techniques • Marketing a BRE program • Establishing an early warning system • Cluster and industry-focused BRE programs • Tracking and analyzing customer feedback and response • Quantitative and qualitative economic development metrics
October 18
8:30 - 9:00 am
Registration
9:00 - 9:15 am
Speaker introductions and session framework Speaker introductions and a brief discussion of course objectives, desired outcomes and methodology.
9:15 - 10:30 am
Main Group Exercise - Anytown, Anywhere This dynamic exercise will provide the underpinning and set the framework for the topics covered over the next two days.
10:30 - 10:45 am
Break
10:45 - 11:30 am
Global factors and trends that impact business retention and expansion policies, programs, strategies and desired outcomes In this session, attendees will learn about and discuss post-recession global realities and how they have fundamentally changed the private sector, economic development and business retention and expansion.
11:30 am - 1:00 pm
Lunch on your own
1:00 - 1:30 pm
Global factors and trends that impact upon business retention and expansion policies, programs, strategies and desired outcomes (continued)
1:30 - 2:30 pm
Workforce development as a driver for business retention and expansion This session will examine new workforce development realities and how they will shape community building and business retention and expansion programs.
2:30 - 2:45 am
2:45 - 3:30 pm
Old and new stakeholder perspectives on business retention and expansion In this session, attendees will learn about the changing face of business retention through three unique stakeholder perspectives.
3:30 - 4:00 pm
Business retention and expansion objective, outcomes and benefits
4:00 - 4:30 pm
Business retention elements Here, attendees will learn about the four mission critical elements of any business retention and expansion program.
October 19
8:30 - 9:30 am
Business retention elements (continued)
9:30 - 10:00 am
One-to-one database marketing and the correlation to business retention and expansion Key principles from one-to-one database marketing for successful business retention and expansion will be examined and discussed.
10:00 - 10:15 am
10:15 - 11:00 am
One-to-one database marketing and the correlation to business retention and expansion (continued)
11:00 am - Noon
Stratifying and identifying your best customers All customers are not created equal. This session will help attendees identify and understand who their best customers how to utilize with for successful business retention and expansion.
Noon - 1:00 pm
1:00 - 1:15 pm
Implementation scenarios Attendees will examine business retention and expansion programs in rural, urban, regional, state/provincial markets and discuss their similarities and differences.
1:15 - 1:45 pm
Using business intelligence obtained through business retention and expansion Connect the dots between business retention and expansion and relevant programs, policies and strategies and learn how to integrate BRE into the larger economic development picture.
1:45 - 2:00 pm
Business retention and expansion for disaster preparedness and recovery Business retention and expansion for disaster preparedness and recovery.
2:00 - 2:15 pm
Marketing and branding your business retention and expansion program You've put together your BRE program, but to connect with businesses, you first need to educate them. Marketing and branding are an important part any successful business retention and expansion program.
2:15 - 2:45 pm
Using social media for business retention and expansion The use of social media is pervasive in today's world. This session will examine its relevance and uses for business retention and expansion.
2:45 - 3:00 pm
Leveraging resources and final takeaways A fast-paced summary of the course and content.
3:00 - 3:15 pm
Wrap-up and certificates
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