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 Action 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 Action Plan 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 comprehensive set of detailed recommendations to help transform a region or community.
“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