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KY Strategic Plan for Economic Development

Source: www.thinkkentucky.com
Topic: Economic Development

Sort Desciption: to foster and focus Kentuckys economic development efforts. ... Objective 3.2 Enhance Kentucky Economic Development Information System by ...

Content Inside: KENTUCKY STRATEGIC PLAN FOR ECONOMIC DEVELOPMENT 2005 2009 Fall 2006 Update KENTUCKY ECONOMIC DEVELOPMENT PARTNERSHIP Governor Ernie Fletcher Chairman KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT Marvin E. Strong Jr. Secretary 300 West Broadway Old Capitol Annex Frankfort Kentucky 40601 (502) 564-7670 1 TABLE OF CONTENTS I. Secretarys Overview. 2 II. 2005 Accomplishments. 3 III. Statement of Alignment 5 IV. Values Vision and Mission 6 V. Goals Objectives and Performance Indicators 7 2 I. Secretarys Overview In 1992 the Kentucky General Assembly enacted HB 89 which created the Kentucky Economic Development Partnership Board to direct the states economic development efforts. The Partnership is composed of thirteen members. Eight private sector members represent each of the states congressional districts and different sectors of its economy. The secretaries of four Cabinets Economic Development Finance and Administration Environmental and Public Protection and Commerce serve as public sector ex-officio members. The Governor serves as chairman of the Partnership. The Partnership initiated a strategic planning process to generate a dynamic plan of action to foster and focus Kentuckys economic development efforts. With the input and participation of hundreds of Kentuckians from varying parts of the state and its economy the Commonwealths economic development mission values and broad goals were developed into a specific strategic plan. The result was the Kentucky Strategic Plan for Economic Development first adopted in May 1994 with the mission To create more and higher quality opportunities for all Kentuckians by building an expanding sustainable economy. Teams involving Kentuckians from all geographic demographic and economic backgrounds were assembled to work on the plan. A revised Strategic Plan adopted in July 1997 reflected over 20 completed tactics and the need to consolidate efforts. With the emergence of the knowledge-based economy increase ...

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