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Greater Houston Partnership Reveals New Strategy to Guide Work Over Next Decade

Published Jan 31, 2019 by A.J. Mistretta

HOUSTON (January 31, 2019) The Greater Houston Partnership presented a new strategic plan that will guide the organization’s overall efforts through the next decade at its annual meeting this week.

The strategy, dubbed Houston Next, is designed to advance Houston’s position as a great global city of the 21st Century. The plan focuses on three core areas: creating a strong and diverse economy, ensuring a great quality of life and supporting opportunity for all. The plan is designed to empower local business leaders to accelerate the region’s progress at the intersection of those three areas of impact and ensure Houston’s continued success. 

“We have much to be proud of and by every measure we are already a great city,” said Bob Harvey, president and CEO of the Greater Houston Partnership. “But we also know that the world around us is changing rapidly, and I dare say the pecking order of global cities for the remainder of the 21st Century is being worked out right now.  There are no givens and we are not assured a place near the top. This plan is our guide to helping perpetuate this region’s positive trajectory.”   

Economy
Under Houston Next, the Partnership will embark on a more targeted, proactive economic development effort to recruit high-impact business prospects and talent, both domestically and internationally. The organization will focus its economic development work around six key areas: energy 2.0, life sciences, global headquarters recruitment, Houston’s digital transition, freight logistics infrastructure and finally manufacturing, trade and logistics. Goals tied to this part of the strategy include advancing the region’s GDP ranking from #7 to #4, growing the number of Fortune 500 headquarters from 20 to 25 and advancing Houston’s digital talent ranking from #34 to #20—all by 2025.

Quality of Life
Houston has made tremendous strides in improving the overall quality of life in the region over the last decade, in large part through investments in public spaces and the arts. However, challenges and opportunities remain that require the Partnership to lead and accelerate progress, including flood mitigation and resilience, transportation infrastructure and increasing government efficiency and effectiveness. Through Houston Next, the Partnership will establish a center of excellence for long-term flood mitigation, collaborate with regional stakeholders in developing a 21st-century mobility plan and engage with the public around these issues through awareness campaigns, polling and other outreach. The Partnership plans to track progress toward the target of $54 billion in flood mitigation funding and expects to advance Houston’s ranking on the Economist’s Global Livability survey from #14 in the U.S. to #7 by 2025.

Opportunity for All
The opportunity for all Houstonians to succeed is dependent on strong education systems and career pathways. The Partnership will focus on advocating for a high-quality, properly funded public education system, while also working with partners across the region to ensure local colleges and universities are producing graduates aligned with the needs of Houston businesses. The Partnership will also work with an outside consultant to take the efforts around its highly-successful, industry-led workforce development initiative, UpSkill Houston, to the next level. Goals tied to this part of the plan include increasing median household income by $10,000 by 2025 and seeing at least 50% of the 25-34-year-old population having earned a certificate or degree by that year.

“Houston’s human capital is the greatest asset the region possesses, and a strong, diverse economy relies on creating opportunity for all residents to improve their lives,” said 2019 Partnership Board Chair and H-E-B President Scott McClelland. “A well-funded and effective public education system is critical to generating opportunity for our residents. Ensuring a path toward public education reform and securing flood mitigation funds are the Partnership’s two main legislative priorities in 2019.”

The Partnership is launching a $50 million fundraising campaign to help fund the initiatives of the Houston Next strategic plan.  Lead investors as of January 31 include CenterPoint Energy; Phillips 66; Chevron; BP; H-E-B; Reliant, an NRG company; Texas Medical Center; Silver Eagle Distributors; and Gilbane Building.

Marc Watts, who served as the Partnership’s 2018 board chair, presented highlights and major accomplishments of the organization over the last year, during the annual meeting.

“One area I am particularly proud of is our work to bolster Houston’s flood resiliency,” Watts said. “We took a co-leadership role with city and county officials along with our congressional delegation to advocate for critical resiliency funding from Washington D.C. We also helped lead the campaign to pass Harris County’s $2.5 billion flood bond election. Now, the Partnership will work to ensure efficient and effective management of the projects and help lead efforts to request additional appropriations.”

Key 2018 figures from the Partnership include:

  • 11,085 – jobs the Partnership and its regional allies directly assisted in creating along with $2.8 billion in capital investment through 20 different projects.
  • 165 – inbound trade delegations hosted by the Partnership from 40 different countries
  • 8 – international trade missions conducted, including two with Mayor Sylvester Turner to India and South America
  • 1,050 – total number of Partnership member companies in 2018
  • 9,479 – number of business and community leaders who attended 18 major events

    See full annual report for additional facts and figures.

“The work of building and advancing a great global city does not have a beginning, middle or end – it is a process of continuous improvement led by a wide array of civic leaders and citizens, Harvey said. “It is up to each of us to ensure Houston continues to advance as a great city."

Read coverage of the annual meeting and strategic plan in the Houston Business Journal, Houston Chronicle and KUHF. 

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Greater Houston Partnership

The Greater Houston Partnership works to make Houston one of the best places to live, work and build a business. As the economic development organization for the region, the Partnership champions growth across 11 counties by bringing together business and civic-minded leaders who are dedicated to the area’s long-term success. Representing more than 1,000 member organizations and approximately one-fifth of the region’s workforce, the Partnership is the place companies come together to make an impact. Learn more at Houston.org.

 

CONTACT:  A.J. Mistretta
Director, Digital Communications                                        
(o) 713-844-3664 (c) 504-450-3516 | amistretta@houston.org                             

 

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Future of Global Energy Conference Presented by Shell USA, Inc.

Join us at the annual Future of Global Energy Conference, presented by Shell USA, Inc. and hosted by the Greater Houston Partnership, Houston Energy Transition Initiative (HETI), and the Center for Houston's Future. This premier event convenes industry leaders, policymakers, innovators, and academics to explore Houston's pivotal role in addressing the dual challenge of meeting growing energy demands while reducing carbon emissions. Conference Theme Houston’s Role in Meeting the Dual Energy and Climate Challenge As global energy demands soar, we must balance economic growth with urgent climate action. This conference delves into Houston's unique position to lead in this effort, driving innovation, collaboration, and investment towards a sustainable, low-carbon future. Key Topics Understanding Local and Global Energy Demand: Analyzing the implications of rising energy needs for Houston's energy sector. Balancing Growth and Sustainability: Strategies to meet energy demands while minimizing carbon footprints. Investment Opportunities: Identifying barriers and solutions to scaling low-carbon energy investments. Houston's Role in Innovation: Exploring how Houston fosters economic growth through pioneering energy technologies. Leveraging Partnerships: Enhancing collaboration across industries, academia, and government to accelerate progress. Conference Highlights Emerging Talent Program with support from Chevron: Emphasizing the importance of recruiting and nurturing talent equipped to navigate the dual energy and climate challenge. Judged Poster Competition: TEX-E will host a “dual challenge” poster competition featuring contributions from TEX-E fellows and local university students. Innovation Expo: A showcase of cutting-edge technologies and solutions for addressing the dual challenge. Agenda 8:15 - 8:55 a.m. | Morning Plenary  Context Setting: The Current State of the Economy Lorie K. Logan, President and CEO, Federal Reserve Bank of Dallas Jane Stricker, Senior Vice President of Energy Transition, Greater Houston Partnership & Executive Director, Houston Energy Transition Initiative (HETI)   9:10 - 9:50 a.m. | Session 1 – More Energy, More Value sponsored by Deloitte What is driving global energy demand, and how will Houston continue to deliver the energy the world needs at scale?  This session will explore energy and power demand from a range of areas (e.g., energy growth, energy transition, developing economies) and the implications for growth in LNG, hydrogen, ammonia, renewables, among other energy sources.  Michael Cohen, Chief US Economist and Head of Oil & Refining, bp Luciano Di Fiori, Partner - Energy Solutions, McKinsey & Company   10:05 - 10:45 a.m. | Session 2 – Houston – Epicenter of Energy Innovation for Scale Innovation for the energy transition will come from all corners of the world. How can Houston continue to leverage its existing capabilities, talent and infrastructure to bring new energy technologies and businesses to scale? This session will include a spotlight on three growth companies deploying new technologies and infrastructure that are needed for the future energy system. The energy leaders will share the approaches they are taking to scale their businesses, the benefits of being able to leverage from the incumbent industry in Houston, and the impact they are have in Houston, nationally and beyond.    Kristina Lund, President, Pattern Energy Brooke Vandygriff, Chief Operating Officer, HIF Global Bud Vos, CEO, MetOx International  Moderator: Barbara Burger, Corporate Graduate and Energy Director and Advisor   10:45 - 11:45 a.m. | Morning Break Poster Competition facilitated by TEX-E   Noon - 1:30 p.m. | Luncheon  Houston – Ambitions for an Energy and Low-Carbon Finance Capital Keynote Speaker: Dr. Carmichael S. Roberts, Co-Founder and Managing Partner, Material Impact and Co-Lead, Investment Committee, Breakthrough Energy Ventures  Fireside Chat Moderator: Bobby Tudor, CEO, Artemis Energy Partners; Retired Founder and CEO of Tudor, Pickering, Holt & Co., Artemis Energy Partners   1:30 - 2:30 p.m. | Afternoon Break Innovation Expo: Showcasing Houston’s advancements in energy transition technologies   2:30 - 3:10 p.m. | Session 3 – Creating New Opportunities by Solving the Dual Challenge sponsored by Repsol  Houston is home to over 5000 energy companies – many with decades of experience in the production and delivery of energy. It is also one of the youngest and most diverse cities in the country. With that backdrop, how can Houston businesses leverage those strengths as we lead the world toward an energy abundant, lower carbon future in a way that creates economic opportunity for all?   This session will discuss Houston’s opportunity to attract and grow new businesses and projects that deliver low-carbon energy and emissions reduction technologies, and the region’s critical role in deploying those technologies to the world. This session will also explore the importance of recruiting new talent and developing a workforce that will bring diverse ideas, solutions and jobs to the region. Stuart Andreason, Executive Director of Programs, The Burning Glass Institute Leslie Beyer, Board Member: Patterson UTI-Energy (NASDAQ: PTEN), Forum Energy Technologies (NYSE: FET), Advisory Board Member: Veriten, UNC Kenan-Flagler Energy Center Jim Griffin, Associate Vice Chancellor, Senior Vice President - LyondellBasell Center for Petrochemical, Energy, & Technology, San Jacinto College Moderator: Debalina Sengupta, Chief Operating Officer, Energy Transition Institute, Division of Energy and Innovation, University of Houston   3:25 - 4:05 p.m. | Session 4 – Meeting the Dual Challenge, What is Holding Back Progress? Houston seemingly has all the elements needed to help the world meet the dual climate and energy challenge. What is keeping investment from flowing into low-carbon technologies and projects, and what do we need to unlock it?   This session will explore the policy & investment landscape for scaling new energy projects.  Speakers will discuss various approaches and hurdles to advancing and commercializing low-carbon and energy technologies. How can Houston leverage its energy scaling experience to accelerate growth of impactful solutions for the dual challenge?  Caroline Abramo, Founder and Chief Executive Officer, Pana LCE Investments Jonathan W. Cox, Co-Head Energy, Power, Renewables, Mining Investment Banking, JPMorgan Chase Kenneth B. Medlock, III, PhD, Senior Director, Center for Energy Studies, Baker Institute for Public Policy, Director, Master of Energy Economics, Rice University Moderator: Scott Nyquist,  Senior Advisor at McKinsey & Company and Vice Chairman, Houston Energy Transition Initiative of the Greater Houston Partnership The Future of Global Energy Conference is your chance to engage with thought leaders and innovators who are shaping the future of energy. Don’t miss out on this opportunity to be part of the conversation and drive meaningful change.

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