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11. Enabling Economic Growth 2015-2020 281015 Page 1 – Enabling Economic Growth Agenda Item: Environment & 11 the Economy Overview Committee/ Cabinet Date of Meeting 20 October 2015/28 October 2015 Officer Head of Economy Subject of Report Enabling Economic Growth 2015-2020 Executive Summary Dorset County Council is committed to playing a positive and proactive role to enable sustainable economic growth, in line with the Corporate Plan 2015-18. The Enabling Economic Growth strategy has been developed to provide a clear statement of the Council’s position in relation to economic growth. It includes our vision, priorities, key sectors, and commitment to work in partnership. As a strategic document it provides an overview of the Council’s work programme in support of economic growth, and also highlights areas for further consideration and development. The business community has been engaged in the preparation of the draft strategy, and it is currently being circulated for further feedback. The views and endorsement of the Environment and the Economy Overview Committee are sought, prior to formal approval by Cabinet. Page 2 – Enabling Economic Growth Impact Assessment Equalities Impact Assessment: An assessment has been completed and signed off by the Directorate Equalities Officer. Use of Evidence: The draft strategy includes an economic review at appendix 1, which illustrates the data and intelligence used to inform the development of the strategy. This is a précis of the economic intelligence which has been scrutinised including the Local Economic Assessment for Dorset, and further data from the Research & Consultation Team. Engagement with the business community was undertaken as part of the Ask Dorset initiative, and this has informed and shaped elements of the draft strategy. Budget: There are no direct budget implications arising from this report. Resources have been identified for most of the activities in sections 2-5 inclusive of the draft strategy. However, the scale of delivery and some of the more aspirational interventions will depend upon securing additional resources, either from greater collaboration, innovative delivery models or external funding. Risk Assessment: Having considered the risks associated with this decision using the County Council’s approved risk management methodology, the level of risk has been identified as: Current Risk: LOW Residual Risk LOW Other Implications: None Recommendation It is recommended that the Committee: 1. Considers the strategy and proposes any desirable amendments. 2. Endorses, with any agreed amendments, the Enabling Economic Growth strategy; and, 3. Recommends that Cabinet approves the Enabling Economic Growth strategy. Reason for Enabling economic growth is one of the Council’s corporate Recommendation priorities. Appendix Dorset County Council, Enabling Economic Growth (Draft) 2015-2020 Page 3 – Enabling Economic Growth Background Papers Dorset County Council Corporate Plan 2015-18 Report Originator and Name: David Walsh Contact Tel: 01305 224254 Email: [email protected] Page 4 – Enabling Economic Growth 1. Background 1.1 Enabling economic growth is one of the two priority outcomes included within the Council’s Corporate Plan 2015-18. The Enabling Economic Growth strategy document is a statement of how the Council will deliver this outcome, across the broad range of services for which we are responsible. 1.2 This is intended to be a strategic document, and not a detailed work plan. It is a working document and will need to be robust and flexible enough to respond to changes and challenges that will inevitably occur over the next five years. These could arise from macro or micro economic impacts, changes in Government policy, or revised funding and delivery arrangements. 2. Preparation of Enabling Economic Growth 2.1 The development of the draft strategy commenced with an audit of growth related activity and aspirations across the Council. It was also informed by a review of the economic evidence and intelligence available through various sources, including the Local Economic Assessment, State of Dorset reports, and other data sets. 2.2 As part of the Ask Dorset consultation programme, officers engaged with a number of business organisations, town chambers of commerce and business networks in order to ascertain their views of the barriers to economic growth and how the County Council could best enable further growth and prosperity. The outcome of these meetings informed and shaped elements of the draft strategy. 2.3 The development of the draft strategy has been overseen and shaped by the Corporate Leadership Team and Forward Together Board of the Council. 2.4 The attached version of the draft strategy was circulated to selected recipients in order to provide a sense check and obtain feedback. This has included some seventy individual businesses, business organisations such as the Dorset Chamber of Commerce and industry and Federation of Small Businesses, the Dorset Local Enterprise Partnership, Dorset Wildlife Trust and the Dorset local authorities (District and Borough Councils and unitary authorities). 2.5 Engagement is still underway as this report is being written, and an oral up-date will be provided at the meeting. However, the responses thus far have been generally welcoming of the Council’s prioritisation of economic growth, and the continued commitment to act positively during a difficult period for public sector services. The following are some of the specific feedback comments received: welcome the publication of the document although Dorset County Council really does have to demonstrate that it is willing to enable economic growth and follow through Dorset is over reliant on our old businesses rather than actively supporting new sectors and markets where jobs and investment will be in the future (including renewables) Ministry of Defence presence in Dorset should be included within the Public Sector the energy sector should be included, with a Council commitment to support and develop a complex document, but well set out, very clear flows well. need to remove the ‘consultancy speak’, such as ‘strategic objectives’ and ‘spatial implications’ Page 5 – Enabling Economic Growth appreciate that this is a strategic document, but it would be good to see the more detailed actions undertaken by the Council what is being done to rectify the challenges of the High Street? the Council hinders growth (no further detail provided) 3. Next Steps 3.1 Once considered, amended as appropriate, and approved by the Committee and adopted by the Cabinet, the Enabling Economic Growth Strategy will form the basis of the Council’s activity in economic development and growth. 3.2 Many of the actions and interventions included within the strategy are already underway and being implemented. Further work is required in some areas, including identifying the scope and resources for the Council’s role. 3.3 As mentioned in section 6, Performance management, an internal Enterprise Board will be established to ensure that this strategy remains relevant, is delivered, and the actions have the desired, positive impact. Matthew Piles Head of Economy October 2015 Dorset County Council Enabling Economic Growth 2015 - 2020 Introduction Contents The Council is committed to economic growth and making Dorset more competitive, making the best use of people’s talents and improving their skills, and being well connected, both physically and Photo Colin electronically. A thriving, robust and resilient economy is essential require please for the prosperity and well-being of Dorset, for its residents, its visitors and management of the environment. We want to bring new, high quality jobs into the area and ensure our workforce is suitably trained and qualified to meet the needs of business. Dorset County Council is committed to playing a positive and proactive role to enable sustainable economic growth. The Council itself cannot create jobs and enterprise, but it is able to create the conditions for enterprise through the provision of economic and social infrastructure, and making it easier to do business. We also have an important role to play encouraging collaboration and the wise use of limited TBC after draft approved public resources to enable growth. We will work with private, public and voluntary sector partners where our objectives and priorities are aligned and where collaboration will achieve more than working in isolation. The Council is the accountable body for the Dorset Local Enterprise Partnership (LEP), and we will support the efforts of the DLEP to secure investment and benefits for the area. Dorset County Council is the largest employer in the County, and despite significant cuts to our budget we currently spend some £350 million on goods and services. It is crucial that we recognise the responsibilities this places upon the Council to act as an exemplary employer and business partner. Further reductions in public spending are inevitable and we will carefully consider the impact that this will have on local businesses and supply chains, to try and ensure that we derive maximum local benefit from the way in which we do business and discharge our responsibilities. There is a great deal to celebrate in the Dorset economy, but there are barriers to be addressed and opportunities to be realised to improve the area’s performance and contribute towards local and national prosperity. It is also crucial that everyone in the community has the opportunity to actively participate in economic growth, and reap the benefits in terms of personal satisfaction and well-being. Dorset is not an island and we are subject to changes in policy and conditions at national and international levels. It is crucial that we are forward looking, do not lose sight of the big picture, and provide a strong voice for Dorset. Colin Jamieson Portfolio Member for Economy For further information please contact David Walsh, Economy and Enterprise Team Leader email: [email protected] Telephone: 01305 224254 1.Strategy and Vision These strands are inextricably linked and support for one strand will often have positive impacts for all of them.
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