LiveXchange 2013 - Strengthening Brand America
Transcription
LiveXchange 2013 - Strengthening Brand America
2013 Business Facilities LiveXchange ENABLING THE AMERICAN DREAM Ed Burghard [email protected] www.StrengtheningBrandAmerica.com • BA – State University of New York @ Potsdam in Mathematics • MBA – Syracuse University in Innovation Management and Marketing • Retired Marketing Director P&G Pharmaceuticals • Retired Executive Director, Ohio Business Development Coalition • CEO and Manager, The Burghard Group LLC • 33 years brand building experience in P&G, lifetime appointment as a Harley Procter Marketer • Member of the Association of Ohio Commodores • Founding Board Member, Nemacolin Energy Institute • Nonresident Fellow, Maxine Goodman Levin College of Urban Affairs, Cleveland State University • Lecturer, Shawnee State University It Is Time For Us To Focus On The Right Goal It’s NOT About Jobs. It’s About Enabling Residents To Better Achieve The American Dream. 5/20/13 3 Agenda • • • • • • American Dream Composite Index Role in The Site Selection Decision 2012 State Performance Role in Community Strategic Planning Implications For Community Branding A look Forward 5/20/13 4 Xavier University American Dream Project Overview 5/20/13 • First measure that quantifies the American Dream in its entirety. • Reveals how people feel about their personal wellbeing and physical environment. • Each month 1,000 respondents share sentiment on 139 statements that pertain to the American Dream. • Responses are rolled up to comprise 35 ADCI dimensions. • ADCI score is a gauge of how well people living in the United States are achieving the American Dream. • Xavier University and The Burghard Group ran a special 2012 data mining study to calculate a state level ADCI score. 5 American Dream Characterized 5/20/13 6 Summary Index Measured Dimensions Economic Financial Security Material Prosperity Access to Education Destinations in Life Job Benefits Health Care Freedom of Choice Generational Progress Home Ownership Job Environment Well-Being Family Support Support of Friends Happiness Freedom of Expression Fruits of My Labor Entrepreneurial Spirit Leisure Activities Social Status Personal Health Satisfaction with Residence Optimism Societal Trust in Government Trust in Business Just Society Trust in People Education Quality Safety in Travel Safety in Community Civic Participation Diversity Melting Pot – Neighborhood Melting Pot – Personal Differences Melting Pot – Diversity Political Freedom Environmental Pollution – air, food, water, land ADCI Dimensions 5/20/13 7 Roughly 35% of the American Dream Is Not Being Achieved. ADCI Scores April 2013 ADCI 64.7 UP Economic 62.9 UP Well-Being 70.0 UP Societal 53.8 DOWN Diversity 74.1 DOWN Environmental 67.9 DOWN Success is Enabling More of the American Dream to be Realized by More Residents. 5/20/13 8 • • Business Executive Reaction National Survey • • 5/20/13 Executives are interested in knowing the ADCI score for locations where their employees work and live (87.3% indicated they want to know). Executives believe there is a real business benefit to employees feeling that they are achieving the American Dream (89.2% indicated there is). The three highest ranked benefits were 1) increased employee retention, 2) better work-life balance, and 3) increased employee productivity. Confirmed executives will use the ADCI score to differentiate between locations that are finalists in the site selection decision process (63.9% likely to highly likely). Verified executives will be reluctant to relocate their business to a location with a lower ADCI score even if incentives were offered (31.3% unlikely to highly unlikely). 9 2012 Based on the outlook of people who live there Top 10 States: Living the American Dream RANK TOP 10 States For Achieving The American Dream In 2012 5/20/13 10 STATE 1 Montana 2 New Mexico 3 Idaho 4 District of Columbia 5 Virginia 6 Delaware 7 Colorado 8 Utah 9 Texas 10 Minnesota Improve Competitiveness By Increasing Positive Gaps and Decreasing Negative Performance Gaps. ADCI Role in Economic Development Strategic Planning 5/20/13 STEP ACTIVITY 1 Define Competition 2 Compare ADCI Dimension Scores 3 Prioritize Gaps +/- 5 Index Points 4 Action Plan Investments 5 Execute 6 Measure Δ in ADCI Score 11 Improve Competitiveness By Increasing Positive Gaps and Decreasing Negative Performance Gaps. Example California versus Texas 5/20/13 12 ADCI Gap Analysis Helps Define “How to Win” Choices What are our goals and aspirations? Where will we play? How will we win in chosen categories? ADCI Role In Strategic Planning What assets must be in place to win? Determine WHY the Gap Then Invest To … Increase Advantages Neutralize Disadvantages 5/20/13 13 What capabilities or programs are required? Where to Play Defines WHO What are our goals and aspirations? = WHO (Target) Where will we play? = How will we win in chosen categories? ADCI Implications For Community Branding WHAT (Brand Promise) What assets must be in place to win? How To Win Defines WHAT 5/20/13 14 What capabilities or programs are required? A Look Forward 5/20/13 • 2013 American Dream State Ranking Report to be published in February 2014. • 2013 versus 2012 Progress will be published and positioned a a way to measure elected official’s overall performance. • For perspective, 36 States Have Gubernatorial Elections in 2014. • Continued publication of state comparison case studies on the strengtheningbrandamerica.com website. • Working with Xavier University to add zip code to the questionnaire so ADCI for Metropolitan Statistical Areas can be reported. 15 It Is Time For You To Focus On The Right Goal It’s NOT About Jobs. It’s About Enabling Residents To Better Achieve The American Dream. 5/20/13 16 Suggested Resources • www.StrengtheningBrandAmerica.com – Case Studies – Blog Posts • 2012 American Dream State Ranking Report • www.AmericanDreamCompositeIndex.com • [email protected] 5/20/13 17 Q&A 5/20/13 18 Delivering The American Dream ECONOMIC WELL-BEING DIVERSITY SOCIETAL ENVIRONMENT Economic Where will we play? Well-Being Where will we play? Societal Where will we play? Diversity Where will we play? Environment Where will we play? How will we win? How will we win? How will we win? How will we win? How will we win? Strategic Cascade Assets Assets Systems Assets Systems Assets Systems Assets Systems Systems 5/20/13 20