LSEDC Advisory Board Undergoes Strategic Planning Process

EDC StaffWhat's Happening

LSEDC President & CEO Rick McDowell addresses investors at the May Advisory Luncheon

The Lee’s Summit Economic Development Council is tapping the expertise of previous board leadership as it drafts its first strategic plan since 2014. The LSEDC effort is running parallel to the City of Lee’s Summit’s Ignite! strategic planning process in both substance and timeline.

Earlier this year, former LSEDC chairs provided insight into the organization’s strengths, weaknesses, opportunities and threats (SWOT). That SWOT analysis was then used to set the direction for LSEDC’s Strategic Planning Advisory Luncheon on May 8, 2019.

During the luncheon, Advisory Board members were divided into focus groups and participated in an interactive poll. Each focus group drilled down on one specific topic and table leaders shared insights in a broader discussion led by Tim Paulson of Emery Sapp & Sons. The Benefactor level-and-above investors then received a follow-up survey from LSEDC asking them to prioritize a variety of issues. The information gathered will be considered in the coming weeks as the LSEDC considers what will be included in the upcoming 3-5 year strategic plan.