CREATING A REGIONAL DASHBOARD. C2ER CONFERENCE June 8, 2016

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1 CREATING A REGIONAL DASHBOARD C2ER CONFERENCE June 8, 2016

2 CONCLUSION Regional Improvement Creating partnerships Call to action

3 2015 PLANNED & ACTIVE PROJECTS TELL OUR STORY Equip leaders to tell the regional story Build regional competitive intelligence unit CREATE A SHARED REGIONAL DASHBOARD PRIORITIZE TALENT Create talent retention & attraction initiative Connect & integrate human capital pipeline BUILD GLOBAL SECTORS Create Food Sector Team Localize Economic Development Strategy Connect strategy analysis & policy priorities

4 Wait... I thought we did that already? Business Vitality Index Regional indicators

5 MEASURE TOGETHER Our region lacks a common set of measurements this is a barrier as we try to move from data to action. Strategic Change Coordinated MEASUREMENT Shared PRIORITIES Collective ACTION

6 THE TEAM THE PROCESS 14 months 50+ Partner Organizations 30 Stakeholder Input Sessions 25+ Dashboards Reviewed (US & Global) Minnesota State Demographic Center 1,000+ Potential Metrics Considered MSP Regional Indicators Dashboard

7 My Dashboard REGIONAL INDICATORS How will our region define success? We need your help to build a comprehensive regional dashboard Workforce Education Innovation Economy Business Climate Category comment Children & Youth Health Category Category Category Category comment comment comment comment Talent Housing Infrastructure Technology Equity Quality of Life Culture & Arts Community Mobility Other? Government Civic Vitality Public Safety Environment Sustainability Energy Criteria The dashboard you create should be: -Comprehensive (include categories on economy, society & environment) - Relevant for leaders in all sectors (public, private & nonprofit) - Relevant for all parts of the region (urban, suburban, ex-urban) Comments NAME:

8 BUILDING THE DASHBOARD METRICS: Rigorous set of criteria used to select metrics to populate categories. Data should be: OUTCOME Not input UNDERSTANDABLE Not technical CURRENT & ACCESSIBLE METRO MEASURE comparable to peers ACTUAL NUMBER, Not relative ranking POTENTIAL to Influence through action PREDICTIVE, not backwardlooking MSP Regional Indicators Dashboard

9 Costs Data Collaborative: Donated research support Wilder Foundation/Compass: Research support paid for via nonprofit last year; our org funded this year Project Manager Part Time consultant paid for via nonprofit Design/Printing: Design by GREATER MSP consultant; Donated printing costs from local company (in-kind contribution)

10 BUILDING THE DASHBOARD CATEGORIES: The new dashboard is a customized set of measurements most important to leaders in this region. Economy Business Vitality Talent Education Infrastructure Equity throughout Environment Livability MSP Regional Indicators Dashboard

11 11 PEER REGIONS Competitive Benchmarking SEATTLE PORTLAND MSP BOSTON SAN FRANCISCO DENVER CHICAGO PITTSBURGH PHOENIX DALLAS AUSTIN ATLANTA

12 THE DASHBOARD RANK: #1 # RANK: #6 #5 #12 #1 #6 #9 #6 #5 #1 #2 #7 #1 RANK: #5 #4 #5 #9 #10 #6 #4 #2 #7 -- #6 #1 12 RANK: #8 #8 #7 #5 #3 #6 #5 #3 #1 #4 #1 #10

13 VITAL STATS MSP Regional Indicators Dashboard

14 MORE DISTANT CLOSE RIVALS TOP PEERS WE ARE 4 OF 12 REGION AVERAGE RANK San Francisco, CA 4.32 Seattle, WA 4.58 Boston, MA 4.79 Minneapolis-St Paul, MN 5.03 Overall ranking based on average of all metrics Austin, TX Portland, OR Denver, CO Dallas, TX Chicago, IL Atlanta, GA Pittsburgh, PA Phoenix, AZ MSP Regional Indicators Dashboard

15 MSP RANK BY CATEGORY INFRASTRUCTURE #1 LIVABILITY 4.0 #1 ENVIRONMENT 4.0 #1 EDUCATION 3.5 #3 * TALENT #5 BUSINESS VITALITY 6.5 #7 ECONOMY 6.5 #8

16 REACTIONS LOCAL RESPONSE MSP Regional Indicators Dashboard

17 Many cities struggle with regional coordination. Leaders in greater Minneapolis-St. Paul made a different bet: Agree on the end game, and regional alignment will follow.

18 NATIONAL INTEREST U.S. regions reach out to learn about the MSP Indicators Dashboard SEATTLE PORTLAND CHICAGO GRAND RAPIDS SYRACUSE SAN DIEGO PHOENIX AUSTIN MEMPHIS TALLAHASSEE LOUISVILLE 18

19 NEXT STEPS A NEW TOOL TO HELP LEADERS ALIGN AROUND ISSUES MSP Regional Indicators Dashboard

20 THE WORK CONTINUES Foreign Direct Investment (added in 2016) Freight movement Capital investment Environmental permitting Water availability METRICS MSP Regional Indicators Dashboard

21 ONE PROJECT, BUT NOW TWO TEAMS PROJECT TEAM Data, analytics, communications, project management focused specifically on the indicators dashboard MINNESOTA DEMOGRAPHIC CENTER Data Collaborative REGIONAL COMPETITIVENESS WORKING GROUP NEW for 2016 Leadership, consensusbuilding, interpretation, joint action related to dashboard & more? 41

22 THANK YOU VAL VANNETT

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