Case Studies
Arkansas Economic Development Commission
“Boyette Strategic Advisors completed a targeted industry study for the Arkansas Economic Development Commission. It tells us exactly what we need to know about the strengths of our state and those industries that are most suited for targeted recruitment. It also has given us vital information about our existing industries, which is the foundation for an effective business retention and expansion strategy. This knowledge is invaluable and we shared it with all communities in Arkansas so they can decide individually which industries to focus their marketing efforts. Boyette Strategic Advisors brings to the table a broad mix of economic development experience. They are experts who deliver exactly the information you need to develop a roadmap for the future.”
BSA was engaged to develop a 2007 Targeted Business Strategy for the state of Arkansas, as well as an update of that strategy, which was completed in late 2010. The development of the strategy involved a review of existing research on potential targeted sectors; conducting a series of stakeholder interviews; and further research on the current status of such sector in Arkansas, as well as nationally and globally.
As part of the strategy, BSA developed a summary of each of the targets, sales-oriented targeted business sector profiles for each of the sectors and related recommendations to attract and retain such targets in the state.
For the 2010 Targeted Business Strategy, BSA also identified 30 company targets within the identified sectors for the state of Arkansas to pursue for potential future locations.