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Job description
Vice President, Chief Economic Development Officer
Position Title: Sr. Vice President, Chief Economic Development Officer
Department: Economic Development
Accountable To: President / CEO FLSA Status: Exempt
RESULTS STATEMENT:
I am accountable for producing the following results:
One Southern Indiana (1si) expects this position to be primarily responsible for conducting and supervising the activities associated with the economic development operations of the organization, including developing and implementing the organization's economic development strategy and metrics of success, business creation, attraction, and retention and expansion.
This Vice President, Chief Economic Development Officer position will supervise the Sr. Director of Business Development, Sr. Economic Development Specialist, Economic Development Specialist/MMA Liaison and the Small Business Navigator. In collaboration with Human Resources, develop staff professional development activities and performance-based training plans and ensure staff, space and materials are adequate for meeting performance expectations. Additionally, this position may oversee and manage all aspects of the organization in cooperation with the President/CEO.
As Vice President, this position may serve as the lead authority for the organization when authorized by the President/CEO. This position serves as a member of the Executive Team, and thereby shares responsibility for organizational leadership.
ESSENTIAL JOB FUNCTIONS
Vice President Functions:
Serve as the lead authority for the organization when authorized by the President/CEO
Represent 1si in all aspects of the organization, including policy discussion, legislative testimony, and media interviews, as assigned
Serve as a member of the Executive Team, and thereby share responsibility for organizational leadership
Chief Economic Development Officer Functions:
Develop/upgrade relations with all economic development partners (regional, state, national, etc.)
Coordinate with President/CEO and staff on workforce development and education efforts to support existing industry and business attraction needs
Supervise Sr. Director of Business Development; Sr. Economic Development Specialist; Economic Development Specialist/MMA Liaison; Small Business Navigator; and any additional economic development staff or interns
Responsible for lead generation, tracking, coordination, and management; include updates in Forge or other software
Work to support the efforts of the VP of Strategic Partnerships with existing or potential investor communications
Coordinate all press announcements and releases concerning economic development projects and/or closures
Keep President/CEO abreast of all economic development activities and/or issues and engage in policy-related conversations as necessary
Participate in strategy and goal setting for economic development metrics
Report economic development activities to appropriate board and/or committee members (Board of Directors, Executive Board, Economic Development Council, EDC Executive Council, Investor Relations, etc.)
In collaboration with the Chief Financial Officer, responsible for developing an annual economic development and small business services budgets, managing the ED and small business services budgets, and updating monthly budgetary forecasts
Manage the Economic Development Council and EDC Executive Council, including but not limited to: agenda preparation, meeting facilitation, topics and/or speakers, etc.
Strategic and Succession Planning Functions
Assist in the review and standardization of personnel procedures to improve efficiency of operations
Identify training needs of direct reports through performance evaluations and individual development plans
Recommend or initiate personnel actions such as promotions, transfers, discharges and disciplinary actions
Identify challenges impacting the economic development talent base and propose succession planning
Monitor procedures for the assessment of talent for selection and succession management, to ensure their alignment within the organization
Partner with the President/CEO and Human Resources to ensure alignment and linking of succession plans with other Human Resources initiatives
Plan and implement strategic activities of the department to ensure economic development product inventories such as workforce and development sites
Business Attraction Services:
Lead all business attraction projects and marketing for new business development for Clark, Floyd, and Scott Counties, as well as other contracted geographies
Provide "first contact" with all prospects/projects in a timely manner
Work with economic development and marketing staff to ensure accurate and effective marketing and outreach materials (print and electronic)
Arrange and host prospect/project visits - ensuring all project needs are met and contacts made
Oversee inventory of sites and buildings database
Business Retention & Expansion Services:
Oversee and guide all components of existing Business Retention and Expansion program
Oversee management of the Metro Manufacturing Alliance and its activities
Participate in business crisis and opportunity responses
Provide all follow-up activities and ensure expectations are met
REQUIRED EXPERIENCE
Bachelor's Degree in Business Administration, Public Administration, Real Estate, Economics, Economic Development, Finance, Urban Planning, or a closely related field.
Five (5) years of progressively responsible professional experience relevant to the major duties/essential functions of the position (Economic Development, Real Estate Development, and/or Community Redevelopment)
Two (2) years of experience in supervisory/managerial capacity
KNOWLEDGE / SKILLS / REQUIREMENTS:
Proven experience in the use and application of analytics to influence investment decisions, program design, marketing strategies, and public policy
Customer/Provider Relations - Understand the essentials of customer satisfaction and apply it in the process of servicing the customer; communicate customer feedback to management for action; understand and follow internal processes to respond to customer needs; suggest improvements or issues with processes; answer all inquiries on a timely basis
Demonstrated ability to motivate stakeholders and partners toward shared objectives
Related experience in developing, implementing, and enforcing personnel policies, procedures; manage, coach, and evaluate employees, and conduct performance evaluations
Strong interpersonal, writing, and presentation skills including the ability to communicate with all levels of management and audiences with diverse backgrounds and educational levels; ability to write reports, business correspondence, and procedure manuals
Ability to take independent actions and calculated risks; respond promptly to customer needs, seek opportunities to improve processes, and implement creative solutions
Develop innovative approaches and ideas; present ideas and information in a manner that persuades positive interaction
Strong analytic and research skills including the ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Provide full attention to what other people are saying, respectfully communicate by taking time to understand the points being made and ask questions at appropriate times to obtain clarification
Excel in prioritizing daily functions and dealing with multiple deadlines and high volumes of work; plan work activities for employees and/or sales campaigns and develop realistic action plans
Display original thinking and creativity; meet challenges with resourcefulness; generate suggestions for improving work; develop innovative approaches and ideas
Ability to interpret information in company provided programs to identify Key Performance Indicators and utilize to enhance employee performance and productivity
A self-starter, assertive demeanor and lifelong learner
Understand basic business financial statements and reports
Understanding of state and local government operations and programs
MS Office proficient; use keyboard, laptop, projection equipment, and other office equipment with proficiency
Ability to travel for the role as required
NONESSENTIAL SKILLS AND EXPERIENCE
These are desirable, but not necessary, aspects of the job.
CEcD Designation
Chamber of Commerce experience and knowledge of operations
ESSENTIAL WORK ENVIRONMENT REQUIREMENTS
Flexibility to work in a traditional office environment, remote office environment and offsite at events
Ability to self-transport from office to 1si functions and possible errands
Dress for this position is business casual or business attire (unless the day's tasks require otherwise); a clean, professional, well-groomed appearance is expected
SUPERVISION OF OTHERS
Senior Director of Business Development
Sr. Economic Development Specialist
Small Business Navigator
All 1si team members as needed and directed by President/CEO and complimentary to the Chief Financial Officer, VP of Operations, and VP of Strategic Partnerships
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Worksite address
new albany, IN, 47150, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.