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Greater Wilkes-Barre Chamber: Driving The Value Proposition

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Welcome

Donna Sedor, CCE, ABC, IOMVice President

Greater Wilkes-Barre Chamber of Commerce

Invocation

Rev. John Ryan, CSC, Ph.D.President, King’s College

Remarks

Mike BeanMohegan Sun at Pocono Downs

Phil JohnsonM&T Bank

The Social Media

Investing in Technology Accelerators

Chamber, Click… Connect!

Wico Van GenderenPresident & CEO

Greater Wilkes-Barre Chamber of Business & Industry

The Past State - The Red Ocean

• We Have Confronted the Liabilities and Disengaged from the Old Business Model

• MAKE the LEAP – Re-Think, Re- Brand, Re-Model and BELIEVE

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Driving the BUS - The CHAMBER is back ONLINE

• A COALITIONthe right people on the bus, the right people in the right seats

• WHERE TO DRIVE ITthe Vision and Action Plan– Definable, measureable, actionable and

sustainable

• UNDERSTAND & ALIGN– WHO (Business/Academia/Community)

– WHY (Current/End State) /How (KPIs)

– WHAT (Scope)

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Driving the BUS - The CHAMBER is back ONLINE

• THE VALUE PROPOSITIONSCreate a Business Model that is Unique and Sustainable.– Allows first mover opportunities– Has a strong ROI– Provides an enterprise vision– Has high switching costs / Competition

Irrelevant

• USE Technology as an Accelerator/Enabler

• EXECUTE with a CULTURE of DISCIPLINE

• BELIEVE and BE PROUD

Driving the Value Propositions

• Adjacent Energy Play can attract business and job creation

• Convergence of Interstates allows effective/efficient supply chain model

Driving the Value Propositions

• Diverse base of Commerce in EDs/MEDs, Defense, Manufacturing, Distribution

• Tourism destination point with Natural Recreation/World Class Entertainment

Driving the Value Propositions

• Solid eCommerce & Technology infrastructure in place on Main Street

• Strong Academic Capitalw/ 17k students in the County and 8k in W-B City

• Downtown Residency Growth can spur downtown small business resurgence

Driving the Value Propositions

Any one of these can be capitalized for a positive return to our Community

Driving the Plan• The Context and Play is a

“NEPA JOURNEY”

• Map & Link the VALUE PROPOSITIONS

• Example: ACADEMIC CAPITAL

– COLLEGE VALLEY / COLLEGE TOWN

– INNOVATION / ENTREPRENEURIAL

– BLOCK BY BLOCK / ZONE BY ZONE

– BEGINNING WITH CONVERGENCE• PUBLIC SQUARE & MAIN STREET

• FRANKLIN ST. & THE RIVER COMMON

– EDUCATION CURRICULUM/SKILLS to WORKFORCE MAPPING

– BUILD THE COALITION AND EXECUTE

Driving the Plan

Showcase Success Stories.

Execute on the Blocking & Tackling• Business Development (small to large)• Entrepreneurial Development• Grant , Zoning , Credit Coordination• Coalition of Business, Academia and

the Public Sector• Find the Diamond / Drive the

Infrastructure• Technology Accelerators

Poverty - Confront what lurks beneath• CHILDHOOD POVERTY

– Under the age of 5, one in three (33%) live in poverty

– Rising stats from 14.7% (2000) to 29.6% today– 11,535 kids are being raised in poverty– 7.4% (9.3%) unemployment (5.7% /7.7%) state

/(6.1%/7.5%) national //$24kvs27k per capita inc

• POVERTY to POSSIBILITY– Targeted Scope / Targeted Program– Grass root family and community ownership– Partnerships – Schools/public/private sectors– Align to the Education Capital– Training for young families and extended families– Mentoring / Walking the Beat /Visibility– CALL TO ACTION – Support / Donate / Sponsor– INDIVIDUAL OWNERSHIP

• UNITED WAY – Poverty to Possibility• CEO, Salvation Army, Toys for Tots, Junior

Achievement, Big Brothers/Big Sisters

• WAKE UP THE BEAR – Get Involved / ENGAGE / This is your COMMUNITY

• DRIVE THE COALITION of the PASSIONATE – TRUST / COMMIT/ TAKE ACTION

• LEVERAGE the VALUE PROPOSITIONS

• USE TECHNOLOGY as an ACCELERATOR & EXECUTE

• BELIEVE AND BE PROUD of WHERE YOU ARE FROM

BELIEVE and EXECUTE

Economic Engine

World Class

Potential

Passion

Create the Blue Ocean

Find the Diamond

On YouTube.com/WBChamber

Invest in Technology Accelerators

Small Business of the Year Award

Sponsored by PNC Bank

Distinguished Citizen Award

John C. Metz & Family

Sponsored by Luzerne Bank