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MO 1997-026 to 1997-030
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MO 1997-026 to 1997-030
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Minute Order
Document Date (6)
12/31/1997
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Further study of the shiftshare analysis conducted for the Baseline Study suggests several <br />sectors that the City should initially consider for business retention, including non -durable <br />goods wholesale (S.I.C. 5100), fabricated metal products (3400). and automotive dealers <br />and service station (5500) sectors. These sectors are flagged based on the fact that the\ are <br />not just losing employment share at the regional level, they are also performing even worse <br />locally than at the regional level. A more detailed discussion of how the shiftshare analvsis <br />was used to identify these and other local sectors that are potentially at risk is contained in <br />Appendix A. <br />In addition to conducting outreach to sectors that are identified as being at particular risk. <br />the City also should conduct outreach to individual businesses which account for large <br />proportions of the local employment. regardless of what sector they are in. By establishing <br />working relationships with important local employers. the City will be more likely to <br />receive early warning of potential employment losses which might not necessarily be <br />predicted based on industry -wide or local trends and conditions. The existing Chamber <br />visitation program addresses this need. Another means suggested in this Work Plan that <br />will help to accomplish this is to monitor local business license data to identifv businesses <br />which may be in decline (indicating a possible closure or downsizing) and those that are <br />rapidly growing (indicating a possible need to relocate due to outgrowing current <br />facilities). <br />The discussions in Appendix A highlight the fact that numerical analvses alone are not <br />sufficient to target business retention. expansion. or attraction efforts. In addition to <br />conducting quantitative analyses of employment trends in various sectors. it is important to <br />develop greater understanding of the underlving industry dvnamics that affect the <br />performance of individual sectors in the local and the regional economies. In particular. <br />Action 1.4 is suggested as a tool to collect this type of information. Then. based on that <br />knowledge. the Cite will be able to further refine its targeting of sectors for retention <br />efforts, and most importantly, determine which types of retention techniques will be most <br />useful. <br />Business expansion involves assisting local businesses to grow and expand the scope of <br />their operations in San Leandro. thus increasing local investment and employment. San <br />Leandro's programs to help local businesses expand should provide opportunities for all <br />businesses regardless of their sectoral categorization. While individual businesses' <br />opportunities for growth and expansion ma- be influenced by the overall trends in their <br />industries. given the right combination of firm leadership and resources, even companies in <br />declining sectors can prosper and grow. It should be the City's goal to develop expansion <br />assistance programs that can be accessed by local firms in a variety of sectors in order to <br />encourage firms that are poised for growth to expand locally. At the same time, the City <br />may wish to target its marketing efforts for business expansion programs to those sectors <br />likely to have large proportions of firms that might especiall- benefit from programs <br />designed to help businesses expand. <br />17 <br />
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