Why Jon Roberts Is Qualified To Explain The 2014 World Cup

June 9, 2014

Jon Roberts is a principal with TIP Strategies in Austin, Texas. He has authored two posts in celebration of the upcoming 2014 World Cup. Jon shares his views on the economics surrounding the World Cup in his post, Economics of the World Cup. He discusses his predictions in The 2014 World Cup: The Lessons of Geography and History.
If you ask what qualifies him to write about the economics of sports or to predict the outcome of the World Cup, here is his answer:

Regarding the World Cup, no one is “qualified” to make predictions. Of course that doesn’t stop anybody, least of all me. I have, however, been an enthusiastic follower of the game for as long as I can remember. I grew up in Germany, with a grandfather who was a national caliber player and who taught me the game. I can remember Pele’s debut in the 1958 World Cup in Sweden. It was a revelation. More painfully, I remember Germany’s loss to England in 1966. I’ve watched that game many times since. England was given a goal, despite the ball not having crossed the goal line. But, hey, I’m over it now. Really.
The economics of sports is something I came to appreciate in the mid and late 90s. I led an economic impact study of the Texas Motor Speedway and then became an expert witness in the subsequent lawsuit on behalf of the Northwest ISD (outside of Fort Worth). Since then, the question of public subsidies for sports facilities has arisen with some regularity. Credible studies by economists of all stripes have cast grave doubt on the benefits associated with incentives for sports in general.

Jon Roberts has authored two posts in celebration of the upcoming 2014 World Cup. Jon shares his views on the economics surrounding the World Cup in his post, Economics of the 2014 World Cup. He discusses his predictions in the post, The 2014 World Cup: The Lessons of Geography and History.

Frisco’s Employee Talent Base Receives High Marks In Consulting Firm’s Study

June 4, 2014

By: Renee Hansen
Via: Community Impact Newspaper

Weakness identified as mismatch between city’s jobs, workforce
The release of a new Frisco labor market study shows the city as having a strong talent base of employees that is attracting businesses and impressing employers. The comprehensive analysis was conducted by Austin-based TIP Strategies, an economic development consulting firm.
The report, released May 22, shows there is a highly educated workforce of nearly 500,000 people within a 10-mile radius of Frisco. The workers’ strengths focus around information technology and line up with the industries found in the city’s borders such as telecommunications, software development, and financial and medical services.
Area residents soar above the national average of educational attainment levels with 58.3 percent holding a bachelor’s degree or higher, compared with the national average of 28.5 percent, according to American Community Survey data.
Employers also give the area’s workforce high marks, with 80 percent surveyed saying the workforce is either “good” or “excellent” in computer skills, trainability and employee attitudes.
Given its size, quality of the workforce and ability to draw in workers from throughout the Metroplex, Frisco is the place to be for economic growth, according to TIP.
The Frisco Economic Development Corp. requested the study to gain insight on the labor market of the city, FEDC President James Gandy said.
“It was great for us to have an opportunity to work with [the FEDC],” said TIP Strategies President Tom Stellman. “They are one of the most respected economic development groups in the Metroplex.”
The FEDC has helped facilitate projects to create or retain nearly 12,500 jobs since 2009. With a population of more than 133,000, the report said Frisco is projected to gain 65,000 new working-age adults over the next 15 to 25 years.
Although Frisco houses a large and talented workforce, the study identified that the majority of Frisco workers commute out of the city for their jobs. The market overview reported Frisco residents fill only one in five positions within the city, which means there is a mismatch between employment options and the skills of the area workforce.
“The study has identified a number of things that we intend to work on,” Gandy said. “There’s a tremendous opportunity for new companies to move here and utilize the readily available workforce within our city that may currently be commuting outside our city.”
FEDC Director of Marketing Darcy Schroer explained the benefits to keeping Frisco residents within the city borders for employment.
“We have a great quality of life, and we want the people who live here to enjoy that quality of life,” she said. “It opens up a whole different lifestyle when you can work in the city you live in.”

Labor Study Completed for Frisco, Texas: Reveals High Concentration of IT Workers

June 1, 2014

By: Darcy Schroer via TIP Strategies Inc.

Frisco City Hall by Lifestyle Frisco (http://www.lifestylefrisco.com/) via Flickr (CC by 2.0)

TIP Strategies’ analysis of the Frisco-area labor market confirms the city’s advantages with regard to its talent base. Area employers have access to a highly educated workforce of nearly one-half million within a 10-mile radius, including more than twice the national average for key information technology occupations. Access the Frisco Labor Market Profile Executive Summary here [PDF].
AUSTIN, TEXAS, May 21, 2014 – Frisco has an estimated workforce of nearly 500,000 people within a 10-mile supply area. Frisco and the region area are also home to a high concentration of information technology workers, with more than twice the expected number of software developers, computer programmers, systems analysts, and web developers. That’s according to Austin-based TIP Strategies Inc. The consulting firm recently completed a comprehensive analysis of the labor market for Frisco, Texas, a fast-growing community located 25 minutes north of Dallas. The analysis provides a detailed look at the characteristics of the regional workforce and shows the area’s occupational strengths are well-aligned with the industries Frisco targets for recruitment like telecommunications, software development and financial and medical services.
Conducted on behalf of the Frisco Economic Development Corporation (FEDC), the study highlights the region’s advantage with regard to labor, a key criteria in corporate investment decisions. Findings from the labor study point to both labor availability and quality.
In terms of quality, data from the American Community Survey (ACS) suggests the regional workforce is highly educated. According to the ACS, more than one-half of Frisco’s adult population (58.3 percent) holds a bachelor’s degree or higher, a figure well-above the national average of 28.5 percent. In addition, Frisco’s workforce received high marks from local employers surveyed as part of the study, with 80 percent of those respondents rating the workforce as either “good” or “excellent” with regard to computer skills, trainability, and employee attitudes.
James L. Gandy, president of the Frisco Economic Development Corporation, recognizes the steady stream of talented workforce moving to the Frisco-area has placed the city in an excellent competitive position. “We know skilled workforce is a top concern for employers,” said Gandy. “The data in this labor market study demonstrates Frisco has the talent to support our existing businesses and the new companies we attract.”

The labor force analysis includes data about the flow of workers into and out of Frisco. 2011 U.S. Census Bureau numbers reveal nearly 80 percent of Frisco jobs are filled by employees who live in other cities.
“The FEDC recognizes there is a great opportunity to better connect the skilled workers who live in Frisco with companies offering quality jobs in Frisco,” said Gandy. “We are now exploring and evaluating options for a program to help Frisco professionals find Frisco corporate jobs. Our desire is to increase awareness about job opportunities within our borders for residents who would prefer to work closer to home with a shorter commute allowing more time to enjoy family, friends and community involvement.”
“We are extremely pleased to have the opportunity to work with the Frisco Economic Development Corporation,” said Tom Stellman, TIP’s founder and CEO. “The city has a lot of things going for it from an economic development perspective and is in an enviable position to attract and retain companies, and the FEDC has a clearly demonstrated ability to attract and retain employment opportunities for Frisco residents.” In the past five years the FEDC has facilitated projects with the potential of creating or retaining nearly 12,500 jobs in the city.
Stellman points to Frisco’s location in the dynamic Dallas-Fort Worth metropolitan area, its network of highways and roads that provide fast access to DFW International Airport, Dallas Love Field and many other North Texas cities, and variety of commercial office and retail developments as advantages for employers in addition to its highly-skilled workforce.
About TIP Strategies, Inc.
TIP Strategies, Inc. is a privately held Austin-based economic development consulting firm committed to providing quality solutions for public and private-sector clients. Established in 1995, the firm’s primary focus is economic development strategic planning. The firm offers innovative, practical economic development and workforce development strategies that deliver results. Over the last five years, TIP has served increasingly higher profile clients around the nation and has prepared talent-driven strategies for a number of major metropolitan areas, including Las Vegas, Phoenix, and Houston. The firm has also expanded its workforce-related services in support of its Talent-Innovation-and-Place framework.
Contact: Tom Stellman
Phone: (512) 343-9190
Email: contact@tipstrategies.com
Website: tipstrategies.com
Facebook: TIP Strategies: Economic and Workforce Consultants
About the FEDC
The Frisco Economic Development Corporation (FEDC) was created in 1991, when Frisco voters approved a half-cent sales tax to fund economic development in the city. The FEDC operates as a Texas non-profit corporation and is governed by a seven-member board of directors appointed by the Frisco City Council. Job number one is creating jobs, as the FEDC’s mission is to improve the economic opportunities and quality of life for all Frisco residents. Since its establishment, the FEDC has facilitated every major economic development project in the city of Frisco, resulting in more than 300 projects that have the potential to occupy over 24 million square feet of commercial space, generate new capital investment in excess of $3.8 billion, and create or retain more than 34,800 potential direct jobs in the city of Frisco.
A 2013 benchmarking survey by Atlas Magazine recognized the FEDC as the “Highest Performing Economic Development Organization” in the world among populations 100,001 to 250,000, based on the deals done in 2012. This achievement highlights the FEDC’s commitment to seek out and foster new economic opportunities for one of the fastest-growing cities in the United States.
Media Contact: Darcy Schroer
Phone: (972) 292-5155
Email: dschroer@friscoedc.com
Website: FriscoEDC.com
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