Bruce
Kendall was one of my favorite guest speakers to listen to in class. He is president
& CEO at Economic Development Board for Tacoma-Pierce County. In my opinion,
I liked his talk the most because he talked from heart and with a lot of
passion towards his work. His completely dedication to his work, shows when
starts talking. He discussed two main points in his speech one of them was sustainable
local ecosystem and other was clustering effect.
Mr. Kendal mentioned the strong structure of
local ecosystem of Tacoma-pierce County. There is a spread of different museums
for people with different interests. The
setting of the hip and historic Tacoma area is designed for major restaurants.
The biggest one of them all is the port of Tacoma which adds to the local
ecosystem. These establishments attract resources for farther growth
potentials. The Economic Development Board of Tacoma-Pierce County focuses on such
establishments, which can attract and keep local sustainable ecosystem by
keeping outsourcing to the minimum or not at all. Port of Tacoma is very
important to the area as it provided the possibility of local and/or
international business.
Next he
talked about cluster effect in the Tacoma-Pierce county. Looking at the area,
you can clearly point out some huge clusters of talent, resources, and opportunities.
Some of the big clusters, which provide direct and multiplier economic impact
in the area, are as following:
·
Joint Base Lewis-McCord
·
Amazon
·
StateFarm Headquarters
·
Topia ventures
·
Torey composites
America
·
Boeing
·
Multicare health
system
·
Bank of New York
·
Mellon Bradken Atlas
·
BPI medical
The area
is a mix of major successful and well established companies. The combination of
talent from military base and universities make Pierce County a hub of economic
cluster. These are companies that give opportunity to others and themselves
making the area economically sustained for many years to come. The location of
the County is a major plus point. It is close to the major highway, military
base, port of Tacoma.
Mr.
Kendall lightheartedly spoke about some bigger picture economic concepts. He
talked about the local ecosystem and how to sustain it. He talked about, how
important it is to keep the developed companies. He strictly believed in having
no turnover when comes to these companies. He talked about economic clusters and
its effects. It was enjoyable to listen to him explain pierce county’s economic
development in simple words.
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