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2021 Strategic Plan

The development of a comprehensive economic development recovery and resiliency strategy for the greater Albuquerque region.

GREATER ALBUQUERQUE

AED has been a highly respected and driving force in the region for 60 years. However, the organization is at a significant transition and potential turning point. The long time President of 25 years has recently retired, offering the opportunity for a natural ‘organizational reinvention’ simply due to transition and leadership changes with the recruitment of a new President and CEO. Watch below to find out more.

PRIORITY PROJECT CONSIDERATIONS

  • How do we better support our stakeholders?
  • Are the target clusters we have identified in the past still valid?
  • How competitive is our region – and how can that be addressed?
  • What is the current composition and qualilty of the labor force?

COMPONENTS OF PLANNING EFFORT - WHAT WILL BE DONE?

  • Targeted 1:1 stakeholder interviews and industry think tank discussions.
  • Analysis of targeted industries.
  • Evaluation of general competitive position including incentives.
  • Completion of a detailed a labor market analysis.
  • Assistance with an ecosystem building analysis.
  • Strategic plan, organizational benchmarking, and economic indicators and performance metrics recommendations delivered.

TIMEFRAME AND MILESTONES: ESTIMATED COMPLETION, MAY 2021

16 weeks for initial discovery, research, and report develoment broken into phases:

  • Kickoff/Discovery – including a January Board and VIP kickoff webinar reviewing past successes as well as project losses for the region
  • Review of AED, regional partners, and state level existing research and strategies
  • Analysis, initial findings overview and refinement
  • Final report delivery and public presentation

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