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LZACC 2022-2024 Strategic Plan

VISION:

The purpose of the LZ Area Chamber of Commerce is to enhance the economic vitality of our business community.

MISSION:

The Chamber is the major catalyst and community covener, creating a vibrant, diverse, and sustainable business climate that encourages job growth, workforce development, and economic
prosperity and aﬃrms the high quality of life in our area.

CORE VALUES:

Integrity– conducting all of our business with honesty, soundness of mind and with adherence to the Chamber’s Code of Ethics.

Leadership- providing our members sound and consistent direction to advance the mission and values of the Chamber.

Relationships – building of strong and lasting business and community relations.

Excellence – striving to achieve excellence with programs and in organizational service providing beneﬁt to the businesses.

Innovative – leading the community with new ideas, technology and ways of conducting business.

Collaboration – working together as a community to achieve successful outcomes.

STRATEGIC PRIORITIES:

Business Development

● Create opportunities for business growth

○ Advertising and sponsorship opportunities

○ Networking events

○ Community events

● Provide educational resources and programs for member businesses.

○ Lunch-n-Learns

○ Business Boot Camp

○ Online resources

○ Solopreneurs

○ Young Professionals

○ Women’s Leadership Initiative

○ Diversity & Inclusion

○ Sector-led collaborations

Community Betterment

● Become a resource of local information for the community

○ Showcase the value, beneﬁts and resources of the local area

● Develop initiatives that support workforce development and economic development

Organizational Vitality

● Increase financial reserves to a minimum of 6 months operating expenses.

● Grow membership to 500 businesses & organizations by:

○ Communicating the value of Chamber membership in a compelling way that addresses possible objections and increases recruitment of a more diverse range of business types and sizes

● Increase retention of existing members to 90% by:

○ Recognizing long standing and VIP members on a regular basis, as well as business successes and milestones.

○ Conducting relevant communications with the membership, by the staﬀ, Ambassadors, Board members, and Experience Committee members, highlighting educational opportunities and other chamber beneﬁts

ACKNOWLEDGEMENT OF RECEIPT OF POLICY

I acknowledge that I have received and read a copy of the Lake Zurich Area Chamber of Commerce Strategic Plan.

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Signed by Claire Slattery
Signed On: December 20, 2022

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January 11, 2022 1:35 pm CDT

LZACC 2022-2024 Strategic Plan Uploaded by Claire Slattery - claire@lzacc.com IP 67.175.125.38