Treo SWOT Analysis Is a Essay

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The clusters are self-sustaining in that the region is not dependent on any given firm or industry and workers who lose their jobs will not leave town but rather get a job at a nearby firm in the same industry. An industry cluster organization is an organization that is set up to support the development of an industry cluster, and then to be a voice for the cluster when dealing with government officials regarding the cluster's needs. Ten clusters have been identified by TREO:

aerospace and defense analytical instruments/optics medical devices bio-industry environmental technology institutional/private R&D information technology business services financial services transportation and logistics

Another tactic devised by TREO is to improve education. TREO wants to attract industry clusters with high-paying jobs. To do this, they need workers who can meet the needs of those firms. Thus, TREO is making a number of efforts to address this issue in the Tucson area. These efforts include developing an "education first" culture, securing financial resources for education, collaborating for a more rigorous curriculum and forming business/education partnerships to ensure that our education system is meeting the needs of business.

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Redeveloping downtown Tucson is also considered to be one of the most important parts of TREO's strategy. TREO believes that a vibrant downtown helps to attract highly-educated younger workers who prefer an urban environment. Thus, improving downtown is one of TREO's highest priorities. The blueprint identifies as the most important elements of downtown development:

establishing a group dedicated to downtown revitalization targeting the most desirable growth corridors with master planning and strategic investment planning for smart growth

With all of these plans in place, and a couple of others, TREO hopes to propel the economy of the Tucson area for the next few decades at least.

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