1. 1. REGIONAL INDICATORS DASHBOARD 2015 #MSPMeasures
2. 2. DAVID MORTENSON MSP Regional Indicators Dashboard #MSPMeasures CHAIRMAN | M.A. MORTENSON CHAIR | ITASCA PROJECT
3. 3. MSP Regional Indicators Dashboard PROJECT DESCRIPTION: WHAT A set of shared, objective metrics to track the Greater MSP regions overall success on critical economic, environmental and social outcomes. #MSPMeasures Clearer view of our competitive position today Look ahead at our future with trends Shared definition of competitiveness Enhanced accountability for results
4. 4. The Process 14 months 50+ Partner Organizations 30 Stakeholder Input Sessions 25+ Dashboards Reviewed (US & Global) 1,000+ Potential Metrics Considered MSP Regional Indicators Dashboard #MSPMeasures The Team
5. 5. 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 ACTUAL NUMBER, Not relative ranking METRO MEASURE comparable to peers PREDICTIVE, not backward- looking POTENTIAL to Influence through action MSP Regional Indicators Dashboard #MSPMeasures
6. 6. BUILDING THE DASHBOARD MSP Regional Indicators Dashboard #MSPMeasures CATEGORIES: The new dashboard is a customized set of measurements most important to leaders in this region. Business Vitality Economy Talent Education Infrastructure Environment Livability
7. 7. 11 PEER REGIONS Competitive Benchmarking BOSTON DALLAS AUSTIN ATLANTA CHICAGO PITTSBURGH DENVER PHOENIX SAN FRANCISCO SEATTLE PORTLAND
8. 8. 2015 RESULTS CONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIES| RESEARC ARTNERS | ECONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIE CONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIES | RESEARC ARTNERS | ECONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITI MSP Regional Indicators Dashboard #MSPMeasures NOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIES | RESEARCH TNERS | ECONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIE CONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIES | RESEARCH ARTNERS | ECONOMY | BUSINESS VITALITY | TALENT | EDUCATION | INFRASTRUCTURE | ENVIRONMENT | LIVABILITY | VITAL STATISTICS | PEER CITIE
9. 9. MSP Regional Indicators Dashboard #MSPMeasures VITAL STATS We will use these measures to track our regions performance. More jobs than expected given population Highest labor force participation, lowest unemployment Growth from high value jobs
10. 10. WE ARE 4 OF 12 REGION San Francisco, CA Seattle, WA Boston, MA Minneapolis-St Paul, MN TOPPEERS AVERAGE RANK 4.32 4.58 4.79 5.03 Austin, TX Portland, OR Denver, CO CLOSE RIVALS 5.59 6.47 6.53 Dallas, TX Chicago, IL Atlanta, GA Pittsburgh, PA Phoenix, AZ MORE DISTANT 7.11 7.14 7.32 8.63 9.39 MSP Regional Indicators Dashboard #MSPMeasures
11. 11. INFRASTRUCTURE - 3.7 LIVABILITY - 4 ENVIRONMENT - 4 ECONOMY - 6 TALENT - 6.2 BUSINESS VITALITY - 7 EDUCATION - NA MSP RANK BY CATEGORY
12. 12. SWOT ANALYSIS OF METRICS STRENGTHS WEAKNESSES OPPORTUNITIES THREATS HELPFUL HARMFUL INTERNALORIGINEXTERNALORIGIN People are Involved Here Strong Infrastructure Racial Inclusion Talent Availability
13. 13. Our economy is performing well today Competing well within a strong set of regions Raw materials abundant now, but becoming limited Weakness in key talent measures Lag peers in racial inclusion KEY LEARNING MSP Regional Indicators Dashboard #MSPMeasures
14. 14. A NEW TOOL TO HELP LEADERS ALIGN AROUND ISSUES MSP Regional Indicators Dashboard #MSPMeasures
15. 15. REGIONAL INDICATORS