Senior Vice President of Economic Development

Senior Vice President of Economic DevelopmentAustin, TX 78701THE POSITION:A leading economic development organization in the United States, is dedicated to promoting prosperity in a five-county region. The Economic Development team consists of industry recruitment, business retention & expansion, research, and administrative operations. The team collaborates with other departments on shared initiativesThe Senior Vice President (SVP) of Economic Development will lead overall economic development strategy, ensuring alignment with organizational goals, processes, and desired outcomes. This role involves overseeing traditional economic "deal-making" activities, including attraction, retention, expansion, and creation of new business opportunities. The SVP will also provide support to other departments as neededESSENTIAL FUNCTIONS:Corporate Business Recruitment, Business DevelopmentDevelop and execute an aggressive, proactive business development strategy to attract qualified companies and industriesPlan, implement, and oversee economic development programs focused on major business sectors, including market evaluation and ecosystem developmentCollaborate with staff to create an efficient process, including inquiry responses, proposal development, site tours, project management, and deal closureImplement and manage a comprehensive business retention and expansion program, leveraging resources from surrounding municipalities and regional partnersSupport business intelligence efforts by researching, collecting, and analyzing data to enhance lead generation, prospecting, and location proposals, as well as conducting comparative location analysis of peer and best-in-class markets, particularly those with similar industry clustersFoster and maintain strong relationships with key partners, including site selection consultants, the Texas Governor's Office of Economic Development, utilities, and regional economic development organizationsManagementProvide inspirational, effective leadership in building and maintaining a high performing team in support of goalsDevelop and manage the department's financial budget, aligning with organizational objectivesRegularly review and evaluate strategies to ensure optimal outcomes for company's economic development effortsLeadershipWork as part of the senior executive team, collaborating with the President/CEO to support operational activities across all divisionsHelp set organizational priorities and provide leadership and support to other senior staff membersCoordinate a complex network of economic development entities at the state and municipal levelsRepresent organization at special functions, deliver speeches, and contribute to achieving business development goalsParticipate in media and public relations activities as part of strategic outreachPerform additional duties as requiredPOSITION QUALIFICATIONS:Bachelor's degree from an accredited college or university is a plus but not required; a master's degree in economics, planning, business, or public administration is a plusProfessional certification in economic development or a related field is desirableAt least 10+ years of extensive experience in regional economic development is requiredProven track record managing teamsExperience with regional partnerships a plusCOMPETENCY STATEMENTS:Proven leadership, management, and motivational skillsAbility to develop and execute strategic plans, providing a clear vision for the region and economic development programStrong ability to cultivate relationships with business executives and stakeholdersExcellent presentation and written communication skillsSkilled in navigating the dynamics of diverse business and political leadership in the regionProficient in performance-based measurement and outcome-driven strategiesCreative and innovative thinker with a track record of generating new ideasEnergetic, enthusiastic, and outgoingCollaborative team player, able to thrive in a fast-paced, competitive environmentAbility to inspire excitement, involvement, and commitment to the regionWe are an equal opportunity employer, and we are an organization that values diversity. We welcome applications from all qualified candidates, including minorities and persons with disabilities.req24-01243

Created: 2025-01-28