NH Charitable Foundation: NH Tomorrow

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Strategic Economic Plan for
New Hampshire
www.BIAofNH.com
www.nhbia.org
Background
• members requested plan for seven years
running
• board agreed with need, but declined to
lead effort
www.BIAofNH.com
www.nhbia.org
Background (cont.)
• Gov. Lynch stepped down
• no other group stepped up
• BIA board approved development of
Strategic Economic Plan for New
Hampshire (Oct. 2012)
www.BIAofNH.com
www.nhbia.org
Process
• BIA board oversight committee formed
(Oct. 2012)
www.BIAofNH.com
www.nhbia.org
Board Oversight Committee
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Don Baldini, Liberty Mutual
Joe Carelli, Citizens Bank
Nancy Clark, Glen Group
Brad Cook, Sheehan Phinney, et al.
Mike Donahue, Aries Engineering
Linda Fanaras, Millennium Integrated Mktg
Bryan Granger, C & S Wholesale Grocers
www.BIAofNH.com
www.nhbia.org
Board Ovrsght Comm. (cont.)
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Lisa Guertin, Anthem BCBS
Ed MacKay, UNSNH, retired
John Morison, Hitchiner Manufacturing
Joe Murray, Fidelity Investments
Teresa Rosenberger, Devine Strategies
Dick Samuels, McLane Graf, et al.
Dennis Sasseville, Normandeau Associates
www.BIAofNH.com
www.nhbia.org
Board Ovrsght Comm. (cont.)
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Tim Scullin, Sig Sauer
Tim Sink, Greater Concord Chamber
Tom Sullivan, Sturm Ruger
Steve Webb, TD Bank
Don Welch, Globe Manufacturing
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Created vision statement and scope of
project (Nov-Dec. 2012)
www.BIAofNH.com
www.nhbia.org
A Vision for New Hampshire
To ensure New Hampshire provides
meaningful advantages for businesses
through a vibrant, sustainable economy and
the nation’s best environment in which our
residents can prosper.
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• New Hampshire Center for Public Policy
Studies (NHCPPS)
 analyzed New Hampshire’s economic landscape
and provided benchmark data for comparison
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Synchrony Advisors LLC and Mather
Associates LLC (Synchrony-Mather), led
by John Gilbert and Cotton Cleveland
 facilitated the stakeholder meetings and
developed the initial draft of plan
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Board oversight committee established
nine key issue areas:
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business growth, retention & attraction
education/workforce skills/labor pool
energy
fiscal/tax
www.BIAofNH.com
www.nhbia.org
Process (cont.)
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healthcare
infrastructure
natural, cultural & historic resources
regulatory environment, and
workforce housing
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Formed nine stakeholder groups around
issue areas (April, May and June)
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Two charges for each stakeholder group:
1. Establish goal in support of vision statement
2. Develop tactics/recommendations in support
of goal
www.BIAofNH.com
www.nhbia.org
Special Focus: Advanced
Manufacturing/High Tech
• Most important sector of New Hampshire’s
economy by virtually every measure
www.BIAofNH.com
www.nhbia.org
Three Themes Emerged
• New Hampshire expensive for business
• Consistency and predictability of business
environment a challenge
• Access to STEM-educated, workplaceready labor pool
www.BIAofNH.com
www.nhbia.org
Process (cont.)
• Drafting of Strategic Economic Plan for the
benefit of New Hampshire began in July
• Review, editing, redrafts by BIA staff and
board oversight committee (Aug. – Sep.)
• Debate, discussion, final edits, approved
by full board (unanimous) Oct. 1st
www.BIAofNH.com
www.nhbia.org
Plan Includes Over 100
Recommendations
• 12 recommendations in EDUCATION,
WORKFORCE SKILLS and LABOR POOL
section of plan
www.BIAofNH.com
www.nhbia.org
Goal for
Education, Workforce Skills
and Labor Pool
New Hampshire possesses a high-quality,
cost-effective, lifelong educational system
that provides access and affords all
residents the same educational
opportunities that align with the needs of a
robust, innovative, flexible, productive
workforce.
www.BIAofNH.com
www.nhbia.org
Education, Workforce Skills
and Labor Pool (cont.)
• Key Metrics
• 12 tactics (recommendations)
www.BIAofNH.com
www.nhbia.org
END
www.BIAofNH.com
www.nhbia.org
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