Delaware Prosperity Partnership

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Delaware Prosperity Partnership

Organizational Development and Strategic Operations Plan

Challenge:

In late 2015, TIP Strategies was commissioned by the Delaware Business Roundtable to prepare a statewide strategy for economic growth and prosperity. The Roundtable engaged state, business, and community leaders in creating an agenda focused on increased capital investment and statewide job creation. A major recommendation of the resulting strategy, the Delaware Growth Agenda (July 2016), was the establishment of a new public-private partnership (P3) for economic development. The State of Delaware embraced the approach endorsed in the Growth Agenda and the Delaware Prosperity Partnership (DPP) was formally created by the Delaware General Assembly in July 2017.

Response:

TIP was re-engaged by the state to design an organizational blueprint to guide the DPP’s activities and programs over a five-year planning horizon. The strategic operations plan was developed with close support and guidance by the DPP’s executive leadership and board of directors. This includes direct input from the state’s business community, elected representatives, and the governor. The strategic operations plan outlines the DPP’s mission, role in statewide economic development, and guiding principles. Major areas of emphasis include external marketing, business attraction, incentives, business retention and expansion, entrepreneurship & innovation, and talent. The plan also identifies target industry clusters the DPP should be working to attract, develop, and expand. Finally, performance measures were suggested that would allow the DPP to demonstrate what the organization would be doing and the impact that its work would have on Delaware’s economy. The final plan was approved by the DPP’s Board of Directors in September 2018 and presented to the public in October 2018.

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