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“Get the right people on the bus, the wrong people off the bus, and the right people in the right seats.” Jim Collins’ quote from Good to Great is now famous, and powerful in its simplicity and logic. Yet it is not easy to accomplish.
Dakota Resources (formerly South Dakota Rural Enterprise) operated out of my home office for many years with contract administrative support and a contracted credit officer. We started out with the Capital Investment Fund as our only product. We were purely a financial institution making capital available to development organizations in South Dakota. We have become so much more by being responsive to the needs of our market and being willing to take calculated risks to meet those needs. None of it would have been possible without the caliber of the members of our board of directors … Read More »
Our annual report is not just a time to reflect and review the year just past, but also to look ahead, to envision our future. At the recent Board of Directors retreat, we did just that—and the vision we foresee is both bold and achievable.
Dakota Resources is a strong organization perfectly positioned for growth. All of the pieces are in place to move the organization to a new place of leadership, and Dakota Resources has the potential to become a regional or national leader in rural economic and community development.
Among the strengths of our organization moving forward is an exceptionally strong, highly functioning and engaged Board of Directors. We are led by a well-respected, seasoned and remarkable President who balances big vision with attention to detail.
Dakota Resources is well staffed and functions as a team with strong individual talent, facilitating … Read More »
Congratulations to Dakota Rising Alumni, Kory Anderson, owner of Anderson Industries LLC, on being awarded the 2014 ChamberChoice Entrepreneur of the Year!
May 21st, 2014 by Danielle Teigen
Small Business of the Year: Spectrum Aeromed
Business of the Year: Integreon Managed Solutions
Small Not-for-Profit of the Year: United Way of Cass-Clay
Not-for-Profit of the Year: CCRI Inc.
Entrepreneur of the Year: Kory Anderson, Anderson Industries
Young Professionals Best Place to Work: Marco
People’s Choice Award: Rape and Abuse Crisis Center
Finalists for the awards include:
Small Business of the Year: Absolute Marketing Group and Office Sign Company
Business of the Year: Discovery Benefits, Inc., and Park Co. Realtors
Small Not-for-Profit of the Year: TNT Kid’s Fitness & Gymnastics and … Read More »
As we finally move from winter into construction season, things can heat up fast in local economic development. Growing companies start looking around, seeking a perfect location for their expanding business. Local businesses check out the market, take a look at community growth and start to think about doing a little growing of their own. And it’s about this time of year that local residents, community development organizations and city governments ask themselves, “What should we be doing to make our development efforts even more successful?” The answer to that question is the three “P’s” of community development.
1. Participation. Nothing is more important than being involved, being aware and being willing to pitch in to make things happen in our community. It may be as simple as keeping up to date with business news. Our local development group is often … Read More »