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competitive realities

Competitive Realities Report

To conduct analysis that is both accurate and can be effectively acted upon, Garner Economics goes well beyond simple industry statistics. Our Competitive Realities Report (CRR) is a locational audit that compiles the findings from the various elements of our Strategic Planning work into a cohesive economic assessment of a community’s current state and economic potential. It analyzes the community's economic and competitive conditions based on both an on-site assessment from a site location advisor’s perspective, and a quantitative analysis that is designed to move a community's leaders and organizations to action and decision regarding new initiatives.

Typically, it is the summary of the Phase 1 strategic planning discovery process. But sometimes our clients only have the budget to do a “lite” strategic plan.   In that regard, we blend the CRR with our industry targeting, though the CRR does not offer a complete set of detailed recommendations to help transform a region or community. 

Case Study Example

“Garner Economics provided Harvey County Economic Development with an honest and sobering Competitive Realities Report, along with a detailed Target Industry Analysis. Their suggestions and recommendations will help our organization and serve as a road map toward improvements. There are no immediate fixes, but having Garner Economics clearly define our assets and challenges and thoroughly assess our community from the standpoint of a Site Selector, helps us see where we are at as a community and what we need to overcome to be more successful.

Jay Garner and his team were extremely professional, responsive, and committed to our project. I would recommend Garner Economics to my colleagues without hesitation.”

Beth Shelton | Harvey County, Kansas EDC

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