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Metrics for Success in Rural Economic Development

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Metrics for Success in Rural Economic Development

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During the 2022 NADO Annual Training Conference, Melissa Levy (Community Roots) led an interactive session focused on rural development measurement. Learning objectives included viewing indicator analysis, creating meaningful measures, and learning to measure multiple forms of wealth.

During the 2022 NADO Annual Training Conference, Melissa Levy (Community Roots) led an interactive session focused on rural development measurement. Learning objectives included viewing indicator analysis, creating meaningful measures, and learning to measure multiple forms of wealth.

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Metrics for Success in Rural Economic Development

  1. 1. Metrics for Success in Rural Economic Development Melissa Levy, Community Roots October 17, 2022 NADO Annual Training Conference
  2. 2. Who is here?
  3. 3. Objectives Be exposed to a unique process that will assist you in focusing action. Learn and apply a measurement vocabulary View an indicator analysis. Learn how to create meaningful measures. Learn about measuring multiple forms of wealth.
  4. 4. Why Measure? Fuels continuous learning through reflection Creates new information and new patterns of information flow Captures results of risk and experimentation Supports constructive self-organizing behavior Can lead to new and unprecedented conversations, particularly with information gatekeepers
  5. 5. Process Overview
  6. 6. Vocabulary: Goal A goal is a condition that you wish to achieve. A goal is not an action. Achieving a goal requires a change in the way your organization or your community looks, feels, and acts. A well-chosen goal should reflect what you really want, not what you think someone else, like a funder, wants to hear.
  7. 7. Engaging Stakeholders Those whose cooperation is essential to reaching your goal. Those who can prevent you from reaching your goal. Those who will be affected as you make progress toward your goal.
  8. 8. Vocabulary: Indicator An indicator is something that must be changed, or a condition that must be achieved, in order to claim that progress is being made toward a goal. – What needs to change? – In what direction?
  9. 9. What Makes a Good Indicator? If the goal is: Everyone in our community can find rewarding work. • Useful indicator: The number and diversity of work opportunities in our community are increasing. • Less useful: Number of jobs in our community.
  10. 10. Goal Think about an existing goal of your organization or a new goal you want to work on. Stakeholders What stakeholders would you want to have at the table to explore this goal? Indicator Write an indicator for the goal. From your perspective, what needs to change to get that goal to happen? More of something Less of something Presence of something that did not exist. Absence of something that did exist. EXERCISE: Goals/Stakeholders/Indicator
  11. 11. Indicator Analysis GOAL: There are viable agricultural enterprises in Our Town.
  12. 12. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises
  13. 13. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises What does it mean?
  14. 14. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises Key Leverage Indicators KLI #1 KLI #2
  15. 15. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises Key Leverage Indicator #1 #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions.
  16. 16. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises Key Leverage Indicator #2 #4: Producers and residents share the identify of Our Town as an agriculture community.
  17. 17. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises Key Results Indicator #7: The number of functional farms in Our Town remains the same or increases.
  18. 18. #1: More ag-related enterprises are present, visible and growing in our community. #2: The land resources necessary to attract, and keep, agricultural enterprises in Our Town are available and affordable. #3: Better understanding of agricultural issues by municipal employees, elected officials, and Town committees and commissions. #4: Producers and residents share the identify of Our Town as an agriculture community. #5: Our Town is a realistically (viable) attractive as a place to farm. #6: High-level of commitment from University to Our Town’s vision and agriculture strategy. #7: The number of functional farms in Our Town remains the same or increases. #8: Tax equality for all agricultural enterprises #9: Prioritize existing farmland or farmland preservation #10: More coordinated supportive services and complementary agricultural services/enterprises Key Results Indicator
  19. 19. Measure A measure provides a way to actually count or value the status of an indicator. For example, things may be measured in terms of “number of,” “percent of,” “quality of,” “frequency of,” or “rating of.”
  20. 20. Steps to Developing a Measure 1 Define the terms in your indicator so that everyone knows what they mean. 2 Determine the baseline. This is the first time you measure it. 3 Determine the unit. What are you measuring? People, percentages, miles, etc. 4 Ensure a strong connection between the measure, indicator and goal.
  21. 21. Choosing Sample Measures 1. What has to happen for it to “count” as progress toward the goal? 2. What are the behavioral changes that indicate progress? 3. What is the baseline that meet the definitions?
  22. 22. MEASURING WEALTH USING A WEALTHWORKS APPROACH
  23. 23. What is WealthWorks? WealthWorks is an approach to economic development that is rooted in place and embodies sustainability principles.
  24. 24. Multiple Forms of Wealth Improved Livelihoods for Everyone Local Ownership WealthWorks: Doing Economic Development Differently Demand-driven community and economic development
  25. 25. What Makes a Community Great? What are the positive assets in your community? What would land your community on a “Top 10 Places to Live” list? These are the assets you have to build upon.
  26. 26. How is wealth usually defined? • Wealth is not just money • Wealth is the reservoir of all assets that can contribute to the well-being of people, places or economies.
  27. 27. Eight Forms of Community Capital
  28. 28. Wealth Matrix Type Intervention Indicator Measure Baseline Method Partners Individual Social Intellectual Natural Built Financial Political Cultural Local ownership Livelihoods
  29. 29. Using the wealth matrix and the goal you developed earlier, identify 2-3 forms of capital on which to focus your measurement. EXERCISE: Wealth Matrix
  30. 30. Economic Development - Wealth Measures •Jobs created/retained Change in behavior due to new skills Increased engagement Individual •$ of investment •# enterprises created/expanded Financial •New or improved infrastructure. Built •# of orgs and networks engaged in supporting policy change. •# of policies/programs supporting strategies. Political
  31. 31. Economic Development – Wealth Measures •# of partners implementing new ideas. Intellectual •# and strength of partnerships •# of partners representing people who may not have participated in or led past economic development efforts Social •Acreage of conserved land •Natural resources protected or restored Natural •Stories related to culture and evolving regional identity •# of successions/new entrants in locally owned businesses in sectors important to regional identity. Cultural
  32. 32. Using the Results of Measurement Rule #1: If you don’t know how you are going to use information, don’t collect it. Consider using information to influence decision-makers, educate stakeholders, improve interventions. Rule #2: Collect information that will be most relevant and useful in achieving your goal. The more closely your measures are tied to your interventions, the more useful they will be. Don’t try to measure too much.
  33. 33. For More Information Melissa Levy Community Roots 802.318.1720 melissa@community-roots.com www.community-roots.com

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