CAI.GSP-OWG-Meeting-1.2020-0812

REGIONAL ECONOMIC RECOVERY PLAN ORGANIZING WORK GROUP AUGUST 12, 2020 Brian McGowan, CEO, Greater Seattle Partners... Who’s on the call …Co-Chairs Organizing Work Group Members in atten

REGIONAL ECONOMIC

RECOVERY PLAN

ORGANIZING WORK GROUP

AUGUST 12, 2020

Brian McGowan, CEO, Greater Seattle Partners

1 Welcome

Brian McGowan, CEO

Bill McSherry, Chair, Board of Directors

➢ Schedule & Process

4 Review and Discuss Strategic Themes

➢ Plus Survey and Interview Findings

5 Breakout Discussion by Work Group Break Out Rooms 2:50pm

6 Report Out and Wrap Up All 3:30pm

Welcome

Brian McGowan Chief Executive Officer

Bill McSherry Chair, Board of Directors;

VP Government Operations The Boeing Company

Who’s on the call …

Co-Chairs

Organizing Work Group Members (in attendance)

Trade, External Investment,

and Growth Sectors Policy and Advocacy

Small Business & Venture

Capital Workforce and Talent Tourism and Marketing

Alexandria Real Estate

Diana Birkett Rakow,

Sound Cities Association

Mayor Victoria Woodards,

City of Tacoma

Gary Locke

Bellevue College

Others TBD

GSP PLAN OVERVIEW (Charter Content)

As the greater Seattle region takes steps towards re-opening the

economy, many entities are discussing and developing plans that

vary in focus and scope, from economic mitigation to short-term

recovery to long-term recovery

Regional leaders reached out to GSP to prompt GSP’s leadership of a

regional recovery plan Many others embraced this initiative, which

has led to this kick off meeting

Greater Seattle Partners (GSP) now leads a

cohesive and coordinated strategy for regional

long-term economic recovery.

As Greater Seattle’s only regional economic and trade development

organization, GSP is well positioned to be a leader in coordinating

the plan in partnership with other regional partners GSP is a

public-private partnership with representation from throughout the region,

capable of mobilizing additional leaders at the highest level

GSP will bring together a Task Force of public, private, and

non-profit sector leaders, representing all aspects of the regional

economy

The Task Force will lead the development of

a Regional Economic Recovery Plan that enhances and complements other economic recovery plans

The Task Force will be engaged through Work Groups, subgroups, and one on one interviews throughout 2020, to monitor virus impacts and the economic path to recovery The Organizing Work Group will meet together to review the plan as it comes together

Members of each Work Group will represent public, private, and non-profit organizations from across the Puget Sound region The Work Groups will meet independently and bring analysis, needs, and solutions back to the OWG to deliberate

The OWG and each Work Group will ensure equity and social justice permeates the

recovery strategy throughout all actions.

Organizing Work Group

Marketing &

Tourism

Small Business

& Venture Capital

Work Groups

• Industry Cluster Development

• Policy & Advocacy Strategies

• Small Business & Venture Capital

• Workforce & Talent

• Marketing & Tourism

STRATEGIC THEMES ~ WORKING DRAFTS

▪ Tell the Region’s Story to Promote Economic Competitiveness

▪ Respond to Systemic Inequities and Racial Disparities

▪ Ensure that Communities throughout the Region Participate Equitably in Growth

▪ Support Growing and Traditional Industries with Post-Pandemic Opportunities

▪ Advocate for Policy and Legislative Action that Promotes Resilient & Sustainable

Economic Growth

Working Draft Themes emerged from initial round of

stakeholder interviews

(~20 interviews)

Themes were tested and explored through a survey, sent to civic

and business leaders with Task Force participation invitations.

(~50 responses)

Survey Key Findings & Breakout Group Prep

▪ Diversity and inclusion rank highest for

strategic focus

▪ The recovery strategy should tell the

region’s story

▪ Coordinate and connect with other

recovery plans in the region

▪ Aid small businesses

▪ Promote geographic diversity

Survey ranking of strategies Tell the Story to Promote Economic Competitiveness (n=30)

▪ Review Work Group Rosters

▪ Identify Co-Chairs

▪ Appoint someone to report back to the larger group

▪ Review Strategic Themes

▪ What’s missing?

▪ What should change?

▪ Where is equity addressed (throughout)?

▪ What new questions arise?

▪ Identify critical partners

▪ Identify key metrics for success

▪ Identify research needs and discussion questions

BREAKOUT: WORK GROUP DISCUSSION INSTRUCTIONS

TELL THE REGION’S STORY TO PROMOTE ECONOMIC COMPETITIVENESS

Seattle can gain distinction among global audiences with effective storytelling, to celebrate its world class companies and its diverse economy of small and medium sized businesses

Strategies

1.Invest in readiness to respond to corporate

expansions and inbound business recruitment

2.Show the world Greater Seattle is pro-business

3.Connect and demonstrate business economic

contributions to community impacts

4.Develop and launch regional brand and value

• Local economic development teams; city leaders

• Ports of Seattle, Tacoma, Everett

• Department of Commerce

• Visit Seattle, Seattle NorthCountry, Travel Tacoma

• Hospitality, recreation, food and beverage industry

• …

Key Metrics

• GDP and employment growth

• Visitors …

RESPOND TO SYSTEMIC INEQUITIES AND DISPARATE OUTCOMES BASED ON RACE

From the world class companies born in the region to small businesses in important sectors, Seattle can differentiate itself globally with effective storytelling

Strategies

1.Increase funding and programs for black, brown, women and

immigrant owned businesses and microenterprises

2.Increase ownership and employment for black, brown, women

and immigrant communities in the contracting and construction

3.Aggressively engage black, brown, women and immigrant owned

business communities in government contracting and training and

increase percentages of contracting requirements for government

entities

4.Focus talent attraction for businesses needs

5.Connect workforce development systems with hiring outlooks

6.Expand relief programs and pilot innovative approaches to

improve and strengthen social safety nets and reduce poverty

7.OTHER IDEAS …

Partners

• Civic, community leaders

• Workforce development organizations

ENSURE THAT COMMUNITIES THROUGHOUT THE REGION PARTICIPATE

EQUITABLY IN GROWTH

The national and international audience must understand the breadth of the region’s offerings so that cities

and towns throughout the central Puget Sound region can reap the benefits of growth and development.

Strategies

1.Address infrastructure gaps, including broadband,

throughout the region

2.Invest in areas where economic inequities are

evident including Opportunity Zones

3.Re-imagine the region’s workforce infrastructure &

create a plan to invest in displaced workers

4.Leverage and invest in higher education to connect

SUPPORT GROWING AND TRADITIONAL INDUSTRIES WITH POST-PANDEMIC OPPORTUNITIES

The pandemic has fundamentally changed the landscape for many traditional industries New opportunities emerge within traditional clusters and in new, emerging clusters.

3.Lead our foundational industries to new

opportunities (aerospace, technology, and several

ADVOCATE FOR POLICY AND LEGISLATIVE ACTION THAT PROMOTES RESILIENT & SUSTAINABLE ECONOMIC GROWTH

Regional recovery efforts will require leadership in implementation Some of the region’s pressing concerns – such as affordable housing and transportation infrastructure – will require a strong voice to advocate for the interests of the business community.

Strategies

1.Conduct disaster risk assessments and integrate

outcomes in economic and urban development

plans and decisions

2.Build institutional capacity to ensure that disaster

impact reduction is a state and local priority with a

strong institutional basis for implementation

3.Invest in and maintain critical infrastructure that

reduces risk of infrastructure failure and

dependency

4.Use knowledge, innovation and education to build

a culture of safety and resilience at all levels.

Partners

• Local, County Governments

• Puget Sound Regional Council

Questions & Discussions?

Regional Economic Recovery Taskforce – Invite/Nominee List as of 8.10.2020

OWG #1 8/12

Industry Cluster Development Alexandria Real Estate Brian Surratt Executive Director, RE & Community Relations x

Industry Cluster Development Boeing Bill McSherry VP, State, Local & Global Corp Citizenship x

Industry Cluster Development Building Trades Union ‐ Seattle & KC Monty Anderson Executive Secretary

Industry Cluster Development Convoy Kristen Forecki VP of Supply

Industry Cluster Development Davis Wright Tremaine Pete Johnson Partner‐in‐charge, Seattle

Industry Cluster Development Global Health Alliance Tina Vlasaty Director

Industry Cluster Development Joshua Green Company Stan McCammon CEO

Industry Cluster Development Kaiser Permanente Susan Mullaney President

Industry Cluster Development King County Dow Constantine County Executive

Industry Cluster Development Kinzer Craig Kinzer CEO

Industry Cluster Development Life Science WA Leslie Alexandre President & CEO

Industry Cluster Development Microsoft DeLee Shoemaker General Manager Gov Affairs

Industry Cluster Development NW Seaport Alliance Kurt Beckett Deputy CEO

Industry Cluster Development Port of Everett Glen Bachman Commissioner x

Industry Cluster Development Port of Seattle Stephanie Bowman Commissioner x

Industry Cluster Development Port of Tacoma Eric Johnson Executive Director

Industry Cluster Development PSRC Josh Brown Executive Director

Industry Cluster Development Sellen Scott Redman CEO

Industry Cluster Development Taber100 Brian Sims VP

Industry Cluster Development Toray Composites Dennis Frett CEO

Industry Cluster Development Tribal Technology Training /ANTI Andrea Alexander President

Industry Cluster Development Vigor Frank Foti CEO

Industry Cluster Development WA Council on International Trade Lori Punke President

Industry Cluster Development WA State Commission on AAA Edward O Prince Executive Director

Industry Cluster Development WA Tech Industry Association Michael Shutzler CEO

Regional Economic Recovery Taskforce – Invite/Nominee List as of 8.10.2020

OWG #1 8/12

Marketing & Tourism Alaska Airlines Natalie Bowman Managing Director, Marketing & Advertising

Marketing & Tourism Brown and Haley John Melin President & COO

Marketing & Tourism Chateau Ste Michelle Francis Perrin Chief Marketing Officer

Marketing & Tourism CHI Franciscan Ketul Patel CEO

Marketing & Tourism Columbia Hospitality John Oppenheimer CEO

Marketing & Tourism Expedia Richard de Sam Lazaro Mng Gov & Corporate Affairs

Marketing & Tourism Ivars Bob Donegan President

Marketing & Tourism JLL Adam Chapman Managing Director

Marketing & Tourism Mekanism Jourdan Huys Brand Director

Marketing & Tourism Metropolitan Development Council (Tacoma) Pamela Duncan CEO

Marketing & Tourism NHL Seattle Eric Pettigrew Dir Suite Services & Community

AmbassadorMarketing & Tourism Nordstrom Amy White Sr Communications Office

Marketing & Tourism OneRedmond Kristina Hudson Executive Director

Marketing & Tourism Pacific Communications Consultants / HDR Regina Glenn CEO

Marketing & Tourism Perkins Coie Deborah Ruffins Chief Marketing Officer

Marketing & Tourism Pierce County Bruce Dammeier County Executive

Marketing & Tourism Port of Seattle Dave McFadden /

Karin Zaugg Black

Mng Dir, Economic Dev / Int Business Protocol Liaison

x

Marketing & Tourism Salesforce/Tableau Jackie Yeaney Executive VP, Marketing

Marketing & Tourism Seattle Chinatown International District

Preservation and Development Authority

Maiko Winkler‐Chin Executive Director

Marketing & Tourism Seattle Foundation Tony Mestres President and CEO

Marketing & Tourism Seattle Hospitality Group HS Wright III Chairman & Founder

Marketing & Tourism Seattle King County NAACP Carolyn Riley‐Payne President

Marketing & Tourism Tacoma Rainiers Aaron Artman President

Marketing & Tourism Tulalip Tribe Teri Gobin Chairwoman

Marketing & Tourism Visit Seattle Tom Norwalk President & CEO x

Regional Economic Recovery Taskforce – Invite/Nominee List as of 8.10.2020

OWG #1 8/12

Policy & Advocacy Affiliated Tribes of NW Indians EDC Amber Schulz‐Oliver Executive Director

Policy & Advocacy Alaska Airlines Diana Birkett Rakow VP, External Relations x

Policy & Advocacy AWB Kris Johnson CEO

Policy & Advocacy Bellevue Chamber Joe Fain CEO

Policy & Advocacy Byrd Barr Place Andrea Caupain CEO

Policy & Advocacy Challenge Seattle Chris Gregoire CEO

Policy & Advocacy EASC Dom Amor Interim CEO

Policy & Advocacy Homesight Tony To Former Executive Director

Policy & Advocacy JPMorgan Chase Phyllis Campbell Chairman, PWN

Policy & Advocacy Latino Community Fund, WA State Alejandra Tres Senior Strategist

Policy & Advocacy Puget Sound Energy Andy Wappler Vice President, Customer Operations &

Communication

x

Policy & Advocacy Seattle Chamber Markham McIntyre Chief of Staff

Policy & Advocacy Seattle OED Bobby Lee Director, Office Econ Dev

Policy & Advocacy Sound Cities Association Deanna Dawson Executive Director x

Policy & Advocacy Sound Transit Leslie Jones Chief Small Business and Labor Compliance Officer

Policy & Advocacy Soundside Alliance Kathy Hougardy Councilmember, Tukwila

Policy & Advocacy Starbucks Gina Woods VP, Public Affairs

Policy & Advocacy State Department of Commerce Lisa Brown (represented by

Chris Green)

Policy & Advocacy Tacoma Chamber Tom Pierson President & CEO

Policy & Advocacy Tacoma Public Utilities Michael Catsi Economic Development Manager x

Policy & Advocacy T‐Mobile Jim Blundell Sr Legislative Affairs Manager

Policy & Advocacy Urban League of Metro Seattle Michelle Meriweather CEO x

Policy & Advocacy Vulcan Leslie Smith Public Policy Director

Policy & Advocacy WA Economic Dev Association Suzanne Dale Estey Executive Director

Policy & Advocacy WA State Commission on AAA Dorian Waller Pierce County Commissioner

Policy & Advocacy WA State Commission on AAA Paula Sardinas Commissioner

Regional Economic Recovery Taskforce – Invite/Nominee List as of 8.10.2020

OWG #1 8/12

Small Business & Venture Capital Africatown Community Land Trust K Wyking Garrett CEO

Small Business & Venture Capital Bank of America Kerrie Schroeder Market President x

Small Business & Venture Capital Banner Bank Krista Holland Asst VP

Small Business & Venture Capital BECU Solyn McCurdy SVP Coop Affairs

Small Business & Venture Capital Business Impact NW Joe Sky Tucker Executive Director

Small Business & Venture Capital Comcast Business Rob Brenner VP x

Small Business & Venture Capital Ethnic Chamber of Commerce Coalition Mike Sotelo President

Small Business & Venture Capital Facebook Stephen Uy Head of Public Policy & Community

EngagementSmall Business & Venture Capital Flying Fish Partners Heather Redman Co‐founder, Managing Partner

Small Business & Venture Capital Founders CoOp Chris Devore Managing Partner

Small Business & Venture Capital GardnerGlobal Jaebadiah Gardner Founder & CEO x

Small Business & Venture Capital Geekwire Taylor Soper Managing Editor

Small Business & Venture Capital Greater Seattle Business Association Louise Chernin CEO

Small Business & Venture Capital Madrona Venture Group Tom Alberg Co‐founder

Small Business & Venture Capital Montlake Capital Andy Dale Managing Director

Small Business & Venture Capital Northwest Mountain Minority Suppliers Fernando Martinez CEO

Small Business & Venture Capital Pho Cyclo Café Taylor Huang Owner

Small Business & Venture Capital Puyallup Tribe David Bean Chairman

Small Business & Venture Capital Rainier Valley Community Fund Bob Luciano Interim Executive Director

Small Business & Venture Capital SBDC Duane Fladland WA State Director

Small Business & Venture Capital SEED Lance Randall Director of Economic Development

Small Business & Venture Capital Taber100 Ollie Garrett President

Small Business & Venture Capital Urban League of Tacoma T'wina Nobles CEO

Small Business & Venture Capital US Bank Betsy Cadwallader Market President x

Small Business & Venture Capital Ventures Beto Yarce Executive Director