Business & Real Estate

Greater Sacramento business group launches ‘competitiveness council’

Clouds roll over the Sacramento City skyline as seen from West Sacramento in the CalSTRS building on Friday, April 22, 2016.
Clouds roll over the Sacramento City skyline as seen from West Sacramento in the CalSTRS building on Friday, April 22, 2016. hamezcua@sacbee.com

The Greater Sacramento Area Economic Council has launched a “competitiveness council,” aimed at boosting efforts to attract businesses and jobs to the region.

Christopher Weare, Greater Sacramento’s new director of research and strategy, will assume the lead role for the new group. Weare came to Greater Sacramento from the University of Southern California’s Price School of Public Policy.

The competitiveness council is co-chaired by William Jessup University President John Jackson and Sierra College District President William Duncan. The new group also includes Terry Harvego, CEO of the Sacramento-based Harvego Cos., and regional Ernst & Young Managing Partner C.J. Obmann.

Officials said the new group will work in partnership with public and private sector leaders to develop strategies, using a data/analytics platform to investigate trends and possible business opportunities. Data also will be used to track the region’s economic performance.

Officials believe this template will enable the group to develop strategies to make the Sacramento region competitive with other markets.

“The Competitiveness Council will drive economic performance by closely tracking a broad array of metrics concerning all aspects of economic activity, educational outcomes, social amenities and all of the other factors that play a role in competitiveness. These metrics will be the building blocks of an in-depth assessment of the market, and I look forward to applying the techniques I have been researching and teaching about to help advance the Sacramento region’s economic performance,” Weare said in a statement.

Barry Broome, Greater Sacramento president and CEO, said Weare “brings a wealth of knowledge to the table and is going to be an amazing asset to the Sacramento region in this capacity. Partnering his education and background with the experience of regional leaders on the competitiveness council will be a winning combination for our region.”

Earlier in his career, Weare served as an economic adviser to Los Angeles Mayor Eric Garcetti and conducted research for the San Francisco-based Public Policy Institute of California.

Formed in 2014 with the support of a diverse group of regional business executives, the Greater Sacramento Area Economic Council works to retain, attract and grow businesses in the six-county region. Its goals include developing specific industries, creating jobs and encouraging investment in the region.

More information can be seen at selectsacramento.com.

Mark Glover: 916-321-1184, @markhglover

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