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December 22, 2004
Welcome to the Prosperity
Partnership!
The Prosperity Partnership is the Puget Sound Region's
opportunity to meet the challenges posed by a more connected, highly
competitive world. We're working to create 100,000 new jobs in our
region by changing the way our region does business.
The way the world does business is changing and the metropolitan
region has emerged as the basis for competition and resources. Smart
regions have recognized this and are changing the ways they operate
in response - much like we're doing right here in Puget Sound.
Like a successful company, a successful region must have a
strategy. A successful region must also have goals. And a successful
region must act quickly and decisively to reach those goals.
Over 40 organizations from around the region have already signed
on as partners in this effort and over 4,000 people will receive
this update. For a complete list of partners, visit www.prosperitypartnership.org.
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Rest up over the holidays -
2005 will be a busy year for the Prosperity Partnership
We'll hit the ground running in January, so get your rest now.
Right after the first of the year, Cluster Working Group
Participants will receive notices of the Working Group meetings,
Partners will be notified of the January meeting of the Partnership
Roundtable (more info below) and we'll announce our Cluster Working
Group leadership.
The most intense work period will be late January through April.
Beginning the last week of January, Cluster Working Groups will meet
approximately every three weeks to develop and refine their
recommendations. The Roundtable will meet monthly to integrate and
refine the recommendations, and begin building community support for
implementation. In April, we hope to release the strategy and begin
work to implement the action items.
Get ready to do some hard work - we have an amazing pace!
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The Prosperity
Partnership Work Program
Led by the Puget Sound Regional Council, Prosperity Partnership
is bringing together business, labor, government and non-profit
leaders to develop and implement a comprehensive regional economic
strategy by spring of 2005. The Strategy will ensure that short-term
actions are consistent with our long term goals by integrating
transportation and land use planning with the strategy and
coordinating with existing efforts by economic development councils,
chambers of commerce, non-profit organizations, workforce
development councils, labor unions and governments.
We have already identified the 15 industrial clusters that drive
our region's economic performance, and selected the five clusters on
which we'll focus initially: • Aerospace • Logistics &
International Trade • Information Technology • Life
Sciences • Environment & Alternative Energy
The next steps are to 1) form Cluster Working Groups on each of
the five clusters, to evaluate the needs of job providers and help
develop action steps for improving our region's competitiveness in
each; and 2) convene our partner organizations through the
Partnership Roundtable, to help the Working Groups refine their
action items and integrate the strategy as a whole.
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Amazing Pace: Summit Launches
Prosperity Partnership Drive to Create 100,000 Jobs by
2010
More than 1,100 civic, business, academic, labor and nonprofit
leaders gathered Friday, November 19, at the Qwest Field Event
Center to begin the work of the partnership, spearheaded by the
Puget Sound Regional Council. Speakers included Governor Gary Locke,
King County Executive Ron Sims, newly elected attorney general Rob
McKenna, YWCA President Rita Ryder, Microsoft Senior Vice President
Brad Smith, and Kathy Keolker-Wheeler, the mayor of Renton - these
were just a sample of the many cities and towns represented in the
room.
Many of the speakers at the meeting focused on a long-standing
problem for the region - its tendency to talk about issues and not
act on them. If there was a theme that ran through the sometimes
impassioned remarks of speakers it was that the time for talk is
over. It is time for the region to act and act as a cohesive
whole.
"We hear the world economy is changing," said John Ladenburg,
Pierce County executive and one of the co-chairs of the partnership.
"That's wrong. It is not changing. It has changed."
The partnership is funded by the federal Economic Development
Administration, local governments and the private sector. The
co-chairs are some of the region's heavy hitters - Mark Emmert,
President, University of Washington; Tomio Moriguchi, Chairman and
Chief Executive, Uwajimaya; Alan Mulally, President, Boeing
Commercial Airplanes; Rita Ryder, President, YWCA; Brad Smith,
Senior Vice President, Microsoft, and Executive Ladenburg.
If there was any "news" it was the size of the meeting. There
were over 1,100 people in attendance at the Summit with only a
handful of no-shows when it got under way. No one could remember a
larger regional gathering, or one with so many representatives from
the four counties, the non-profit sector and business.
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