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Tag Archives: demographics

Five on Friday: Fuel for Thought

By Steve Dust, CEO, Greater Cedar Valley Alliance & Chamber

You’re changing the way you want to engage with your peers and neighbors, and we must shift with you. During the last week or so, I’ve focused on looking into the changing nature of the work the Greater Cedar Valley Alliance & Chamber does for you. We have to reflect the conditions in your market and be cognizant of the influences on your business or institution and your customers. Your input on how we execute on these shifts is imperative.

One and Two good documents that summarize current thinking in our industry at the national level.

One: What’s Influencing the Future of Chambers

Horizon Initiative: Chambers 2025 — Eight Influences Shaping the Next Decade for Chambers of Commerce

This links to a summary document from the Spring 2015 issue of Chamber Executive magazine. For more detail, follow the included link to a website with more detail. Eight influences:

  • Belonging and Gathering
  • Communications and Technology
  • Scarcity and Abundance
  • Global Impacts
  • Population Shift
  • Political and Social Fragmentation
  • Resource Alignment
  • Catalytic Leadership

Two: What’s Influencing the Future of Economic Development

Looking Around the Corner: The Future of Economic Development

From the International Economic Development Council, this report examines the emergence of trends and how these can potentially change the economic development industry. Four themes:

  • Demographics
  • Climate change
  • Shifting global roles
  • Technology expansion

Three: Retaining Students is Imperative

Those Who Leave and Those Who Stay

The link above goes to a recent Vox article on a similar topic, regarding why people leave, stay in or return to hometowns of all sizes and the impact of leaving — or not– on the individual, not the town.

I included the article to encourage your consideration relative the strategies to first, retain students as they move through and emerge from Phase 1 higher education or training, and second, encourage former resident young professionals to return. We should recognize, strategically, that the influences and trends discussed in the article will have an impact on our results – and should impact thinking on both timing and description of benefits and opportunities for those coming back to the Cedar Valley.

Four: Millennials Want CEOs to Speak Publically on Social Issues

Millennials Really Want CEOs to Mount their Soap Boxes

The millennials want CEOs to speak up publicly, whether those business leaders like it or not.

There’s a lot to consider in what’s going on and being brought to our attention in the media right now. Here’s a recent article from Chief Executive on the expectations of one market and staff demographic segment for business leaders and owners to speak publicly on issues traditionally not addressed in business communications.

Five: Deere Third-Quarter Earnings

Deere Announces Third-Quarter Earnings of $642 Million

This is a link to the August 18 news release announcing Deere & Company’s third quarter results. Because the information is important to what’s happening in the Cedar Valley, I study these documents and various sources of third-party analysis to get a feel for the sales trends and expectations in the Agriculture and Turf part of the Equipment division.

Be part of something greater - The Cedar Valley of Iowa

The Greater Cedar Valley Alliance & Chamber is a regional economic community development corporation working to increase economic vitality and wealth in the Waterloo / Cedar Falls area and surrounding economic region. The Alliance & Chamber has approximately 800 members that represents over 40,000 employees