2010 AEDC Annual Report

It is my pleasure to present to you, on behalf of the Board of Directors, the Anchorage Economic Development Corporation’s 2010 annual report to AEDC Investors and the Anchorage community.

As was noted last year in the AEDC annual report, the organization undertook a comprehensive strategic planning process involving staff, Investors and other stakeholders during 2010. I am pleased to say that the process was successfully completed after almost a year of input and discussion. Out of this process came an ambitious vision for the organization, its members and the Anchorage community: “By 2025, Anchorage is the #1 city in America to live, work and play.”

This statement by itself defines a big, audacious and potentially overwhelming endeavor, but I believe we will achieve it through the dedicated efforts of the staff, Investors and sister organizations, and with the enthusiastic support of the entire community.

We have already begun to implement this program through the creation of the “Live. Work. Play. Committee” which will meet to catalog the dimensions that make a city a great place to live, work and play. This will be accomplished by first creating a narrative of Anchorage, looking at the community’s strengths and weaknesses in each of these areas and then deciding which characteristics are relevant to Anchorage. Once the narrative is completed the individual committees will work to define metrics associated with all the characteristics important to each category and assess national comparables against which to measure Anchorage. After this process is completed and the results are accepted by the AEDC Board of Directors, the staff of AEDC will begin compiling data on these specified metrics, locally and nationally.

I believe that after the first run of comparables we will see two things, areas where we are currently lagging on national indicators, but also areas where we currently excel. With the “can do attitude” we engender as Alaskans and citizens of Anchorage, I have no doubt that we will continue to exceed expectations in those areas that are our strengths, and we will continue to improve on the others. The quality of life in Anchorage is one of the reasons we all choose to live here, and through this process we will be able to define and communicate this reality to the rest of the world! Anchorage is a great place to live, work and play, and by 2025 it will be the best.

-Chris Brown, Director of Business Planning Management
AT&T Alaska

Download the full report (PDF file) here: 2010 AEDC Annual Report