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Every Monday -- News from GCP

GCP supports modifications to energy mandates

The Greater Cleveland Partnership (GCP) formally supports Substitute Senate Bill 58 (SB58), a legislative proposal aimed at reforming Ohio’s energy efficiency and alternative energy mandates.

In doing so, we recognize the drastic changes in Ohio’s energy landscape since Substitute Senate Bill 221 was passed over five years ago. Our members are well-informed energy customers. They understand the importance of energy efficiency programs and the need to diversify generation sources.

However, most importantly, businesses need a reliable energy product at predictable and competitive rates. Left unaddressed, the growing energy mandate benchmarks threaten to drive up costs for all ratepayers.GCP argues SB58 can, and should be improved, but the status quo of current law is not sustainable or supportable.

For more information on SB58, please visit www.gcpartnership.com/SB58.

Ribbon-cutting marks Voinovich Bridge dedication

Senator George Voinovich (third from left) was joined last Friday by his wife Janet, Lt. Governor Mary Taylor, and hundreds of onlookers for the dedication and ribbon cutting for the George V. Voinovich Bridge (Inner Belt Bridge). While in several elected positions, Voinovich was a leader in addressing transportation issues facing our region and country.

A phased opening of the $293 million Voinovich Bridge is underway. At 115 feet tall and approaching a mile in length, the bridge is the most substantial project undertaken by the Ohio Department of Transportation. The existing 54-year old Inner Belt Bridge will be torn down this winter in anticipation of the construction of the eastbound bridge beginning in spring 2014. For more information on the Voinovich Bridge, please click here.

Officials cutting the ribbon are left to right: Cleveland Mayor Frank Jackson, State Representative Bill Patmon, Senator George Voinovich, Lt. Governor Mary Taylor, State Senator Shirley Smith, Ohio Department of Transportation Director Jerry Wray, State Senator Tom Patton, and Cleveland City Councilman Joe Cimperman.

Welcome, new GCP members

We’re pleased to welcome these Northeast Ohio companies and organizations who recently joined the ranks of GCP Investor members.

Click on the links below to learn more about them.

Election 2013: Important outcomes for Greater Cleveland

Although Election Night 2013 was not a high-profile election for president, governor or state candidates, there were plenty of questions before the voters. In Northeast Ohio, voters reelected Cleveland Mayor Frank Jackson and passed the four levies supported by the Greater Cleveland Partnership:

  • Issue 1: Health and Human Services
  • Issue 79: Cleveland Public Library
  • Issue 80: Cleveland Metroparks
  • Issue 82: Cleveland-Cuyahoga Port Authority

Click here to view or download our 2013 Post-Election Report.

50th Anniversary Public Officials Reception: Have you registered?

We hope you’re planning to be part of the Greater Cleveland Partnership’s 50th Anniversary Public Officials Reception and Reunion at Windows on the River on Friday, November 22.

As part of our special anniversary event, we will honor several former public officials who have contributed to the progress, economic growth and future of Greater Cleveland.

Please join us for one of Cleveland's premier holiday events and a night of celebrating Northeast Ohio with business community leaders and elected officials.

Please visit the Public Officials Reception website to register. 

If you have any questions, please email Deanne Dixon at AdvocacyEvents@gcpartnership.com or call 216.687.6789.

 

Commission moves forward with Decade 2 plan

The Board of Advisors of the Commission of Economic Inclusion, a program of GCP, has approved the Decade 2 plan that will guide the Commission’s work over the next 10 years. This includes new mission and vision statements:

Vision: To make Northeast Ohio the best region in the country for the growth, attraction and inclusion of minority individuals and businesses in the economic engines that drive our competitiveness.

These assets will comprise a larger portion of the local economy and fully participate in an economically vital and broadly diverse regional marketplace.

Mission: To connect, champion, leverage and grow the region’s assets to achieve measurable demonstrated increases in minority representation in boards, senior management, workforce, and supplier diversity spend.

This includes minority talent attraction, increasing minority access to capital and building a pipeline of future business owners and executive talent through work with local partners.

Strategies:  1. Create a system and shared plan among chambers to drive corporate participation in the Commission.

2. Partner to create shared MBE development metrics and action plans that result in a critical mass of capable MBEs with capacity; increase the number and quality of corporate supplier diversity programs; and implement elements of the Community Benefits Agreement Memorandum of Understanding.

3. Establish formal relationships with premier national innovators in the area of inclusive competitiveness.

4. Implement a plan to increase the Commission’s visibility to corporations and the community.

The community is already engaged in this process with representation from our members, volunteers, minority business owners, MBE and human capital service partners, construction project owners, unions, and other subject matter experts.

Click here for a full list of Decade 2 strategies and goals.
 

More minorities in tech fields boost economic competitiveness

NorTech President Rebecca Bagley blogs on Forbes.com about how improving the performance of African Americans and Latinos in the innovation economy can increase economic competitiveness.

She notes that discussion at a recent Innovation Summit for Historically Black Colleges and Universities at Stanford University discussed “opportunities that could be created by connecting HBCUs with existing innovation ecosystems around the country. There was also more clarity around challenges, such as access to capital and increased STEM pipeline.”

Click here to read more in her blog and find out about an Ohio program that is focused on educating high school students about a STEM education's entrepreneurship and career opportunities.

Research probes mid-market margin management metrics, analytics

Margin management—or the ability to understand where money is made and lost in a business—is critical to the success of all businesses and to middle market firms in particular.

Research conducted by The National Center for the Middle Market and the Council of Supply Chain Management Professionals (CSCMP) has found that the supply chain is becoming increasingly complex for middle-market firms. Yet, they typically lack the resources to invest in the enterprise planning tools and advanced analytics leveraged by large cap companies.

The Center and CSCMP surveyed 200 strategic and financial decision makers all along the middle market supply chain continuum—raw material suppliers, manufacturers, wholesalers/distributors, retailers, and service providers.

Respondents were surveyed as to their use of margin management metrics and analytics, the value and sufficiency of the tools, and constraints affecting the ability to manage margins.

The survey’s Executive Summary notes that “Middle market firms generally acknowledge that external factors, such as ability to set pricing in the marketplace and forecasting demand, do hinder their ability to manage margins.

However, internal issues such as technology adoption, available hire, and capital do not present significant hurdles. Therefore, an opportunity exists for more pervasive use of advanced analytics tools.”

Click here to read more in the “Margin Management Among U.S. Middle-Market Firms” report.

Pass the Plus with good news about the region

You can help “Pass the Plus” with good news about the Cleveland Plus region.

In the November issue of the “Pass the Plus” e-newsletter, read about the region’s academic programs and institutions that produce skilled professionals in the polymer, plastics and advanced materials industries, how Northeast Ohio companies are reducing, reusing and recycling tons of reclaimed waste and more.

Sign up here to receive the “Pass the Plus newsletter.

News from United

Electronics-friendly cabins on domestic mainline flights

United is now offering customers electronics-friendly cabins on all domestic mainline flights.

Upon approval from the Federal Aviation Administration to begin allowing use of lightweight, handheld electronic devices, such as tablets, e-readers, games and smartphones, in non-transmitting mode from gate to gate, the airline immediately implemented the benefit for customers.

Passengers may use their devices, unless instructed otherwise by a crew member.

Larger electronic devices, like laptops, must still be stowed securely under a seat or in an overhead bin during takeoff and landing.

On-time performance goals exceeded

United has exceeded its domestic and international on-time arrival performance goals for the month of October, achieving an 85 percent on-time performance for domestic flights and 82.4 percent for international flights.

The on-time arrival rate is based on flights arriving within 14 minutes of scheduled arrival time.

The monthly domestic on-time performance was the best of the year and the best since November 2012. The international on-time performance was the highest monthly performance in nearly three years.

Meet new members of the fleet

Learn more about United’s fleet enhancements—including an anti-turbulence device, the use of 50 percent composite materials to create a lighter aircraft that can fly farther on less fuel, and a new air filtration system.

Click here or on the image (right) to access an interactive graphic.