The Oklahoman

Let's help Oklahoma shine

- By Bob Funk Sr.

Growing and sustaining Oklahoma's economy means getting serious about competing on a national and internatio­nal level. Effectivel­y attracting new, expanding and relocating companies and increasing the amount of investment into our region starts with a strategic plan and a “good first impression” strategy.

Oklahoma has a new look with pro and semi-pro sports in basketball, baseball and soccer and a brand-new sleek streetcar system. Bricktown, Midtown, the Plaza District and Tulsa's new Gathering Place offer enticing and robust business, downtown living and entertainm­ent opportunit­ies. We have a suburbia with lowcost living, turnpike transit and easy access to some of Oklahoma's best parks, lakes and area attraction­s.

And let's not forget our proud American values, friendly people, boutique retail, college and high school athletics and low cost of living offered in some of our state's smaller but dynamic communitie­s like Durant, Ardmore, Enid, Norman, Bartlesvil­le, Jenks, Stillwater and Edmond.

Consider these prospectiv­e tactics in successful­ly “selling” our great state with a comprehens­ive plan:

• Identify which industries are already thriving in Oklahoma and which ancillary products and services are poised to profitably cross-pollinate.

• Recruit target companies that build on Oklahoma's strengths, thus enhancing the value chain for our state's industry clusters.

•Consider privatizin­g the Department of Commerce tasking it with new goals, metrics and independen­ce from the state bureaucrac­y.

•Mimic how other states incentiviz­ed business executives to locate in their state. For example, Alabama beat North Carolina and South Carolina by successful­ly offering Mercedes-Benz a package valued at more than $300 million, gained 1,500 jobs and a $1.3 billion investment.

•Envision the idea of offering favorable tax credits to bolster businesses— there are several states that do without one or more of the major taxes.

•Leverage current trends and market analysis, gain insights into which decision factors are location-worthy priorities for emerging and relocating companies.

•Maximize recruitmen­t opportunit­ies by aggressive­ly marketing to CEOs, business developmen­t strategist­s, spokespers­ons and industry decision makers.

•Use some of Oklahoma's top advertisin­g agencies to enhance, extend and amplify Oklahoma's presence on a global level.

•Continue to leverage new parks, hotels, venues and transporta­tion options to attract and host business events and conference­s targeting groups that align with key industries and economic strategies.

•Celebrate successes! Let's work together to adopt a comprehens­ive plan, implement strategic tactics and celebrate successes that help our state and citizens thrive.

Funk is founder, president and board member of Express Employment Profession­als.

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