SWOT ANALYSIS
STRENGTHS
1. Human Capital
Presence of a labor force with certain skills
Presence of a high productivity labor force, including workforce quality and workplace practices
Educational attainment
Education and employee training system
Slowing outmigration rate
2. Traditional and Non-Traditional Infrastructure
Strategic location of the region
Transportation infrastructure
Information and communication technologies (broadband, wireless)
Significant natural resource base and physical development assets
Farmland and agricultural resources (climate, soils, and topography)
Forest assets
Water resources
Marcellus and Utica shale gas resources
Solar energy resources
Geothermal energy resources
Wind energy resources
Biomass / Biofuels resources
Lake Erie coastland asset
Tourism assets
Significant manufacturing base
Significant industry clusters
Significant occupation clusters
Growth sectors (education and health services sector, the professional and business services sector, the leisure and hospitality sector, and other services)
Diversification of industry sectors
Business acumen
Technical / technology acumen and resources
Global linkages
Significant support of economic development by local foundations
Presence of the Seneca Nation of Indians
3. Innovation and Entrepreneurship
Entrepreneurial capacity
Non-technical business assistance providers (e.g., business planning assistance, etc.)
Business incubators
Business development programs
Innovation
Research and development enterprises
Productivity enhancement programs and assistance
4. Quality, Connected Places
Livable, walkable, smaller communities
Low crime rates
Affordable cost of living
Clean environment
Recreational and tourism assets
Cultural assets
Historic assets
5. Collaborative Leadership
Willingness to collaborate and rationally seek solutions to problems and achieving goals
Increased level of collaboration and services and equipment sharing amongst municipalities in the region
Many community and industrial leaders have a strong “pride of place” commitment to region
Amenability to transformational change
Indications of willingness to consider proactive investment in economic development
Ongoing commitment to strategic planning and the county and municipal level