Bob Mundt is the new President & CEO of the Sioux Falls Development Foundation. He begins his role on July 11. A native of Inwood, Iowa, Mundt is excited to be able to return to the Sioux Falls area.
He says he will spend his initial weeks at the Development Foundation seeking to get to know his surroundings. First understanding the Development Foundation itself as a unique organization, then looking towards collaboration with the Chamber of Commerce, the Convention & Visitors Bureau and business leaders in the city.
In his previous positions, Mundt has managed both chamber of commerce and economic development activities, but with his role at the Sioux Falls Development Foundation, Mundt is looking forward to being able focus his efforts on the economic development side. Development Foundation board chair Bob Thimjon said, “His leadership will serve our organization and community well in the years ahead.”
In Sioux Falls, workforce development is key, and Mundt is ready for the challenge. His goals include retaining and attracting young professionals and retraining the existing workforce to meet strong employment demands. He also wants to work with the K-12 education system to better inform parents and their children about the existing opportunities that do not require a four-year college degree.
“Sioux Falls is not unique in the fact that it has a [workforce development] issue,” Mundt said. “But it is unique in the fact that they can bring so much to the table.” He cited great quality of life, a wealth of young professionals and land opportunities as Sioux Falls’ key strengths.
One of Mundt’s top priorities is to hire a new Vice President of Workforce Development, an existing position at the Development Foundation that has been empty for the last eight months. Filling this position will give the Development Foundation the resources it needs to help tackle this important issue of meeting the community’s workforce needs.
Looking toward longer term development, Mundt eyes business parks such as Foundation Park. “In the future it is my goal to fill up those parks and make sure we have companies coming to Sioux Falls that create those quality jobs that allow people to buy a house and have a family,” he said.
Mundt was selected to lead the Sioux Falls Development Foundation following a nationwide search conducted by Waverly Partners, LLC, a professional recruiting firm with expertise in chamber and economic development searches. Previously, he served as President and CEO of Fox Cities Chamber of Commerce in Appleton, Wisconsin. Before moving to Wisconsin, Mundt led the chamber of commerce and economic development in Council Bluffs, Iowa for 25 years.