State of New Mexico

To serve New Mexico citizens by building a prosperous, sustainable, and equitable state for all residents

Organization	SWOT Analysis	OKR Plan	Top 6	Retrospective

SWOT Analysis

Updated: July 5, 2025 7/5/25

The SWOT analysis reveals New Mexico's critical inflection point where abundant natural resources and strategic advantages must be leveraged to address systemic challenges. The state's renewable energy potential, federal partnerships, and emerging tech sector create unprecedented opportunities for economic transformation. However, success depends on addressing education deficiencies and infrastructure gaps that constrain growth. The convergence of federal climate investments, nearshoring trends, and technology expansion offers a narrow window to diversify the economy beyond volatile oil and gas revenues. Leadership must prioritize education reform, workforce development, and infrastructure modernization while maintaining competitive advantages in film, technology, and renewable energy sectors to achieve sustainable prosperity.

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No past cycles

Mission & Vision SWOT Analysis OKR Plan Retrospective AI Strategy Data Acquisition

To serve New Mexico citizens by building a prosperous, sustainable, and equitable state for all residents

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Strengths

RESOURCES: Abundant oil, gas, and renewable energy resources drive revenue
LOCATION: Strategic position for trade between US and Mexico markets
FEDERAL: Strong federal presence with national labs and military bases
INCENTIVES: Competitive tax incentives attract film and tech industries
CULTURE: Rich cultural heritage attracts tourism and creative industries

Weaknesses

EDUCATION: Consistently ranks low in national education performance metrics
POVERTY: High poverty rates limit economic growth and tax base expansion
INFRASTRUCTURE: Aging infrastructure requires significant investment
WORKFORCE: Limited skilled workforce in key growth sectors
DIVERSIFICATION: Over-reliance on oil and gas revenue creates volatility

Opportunities

RENEWABLES: Federal climate investments create clean energy opportunities
NEARSHORING: Mexico trade relationships benefit from supply chain shifts
TECHNOLOGY: Growing tech sector and data center investments
FEDERAL: Infrastructure and climate funding available from federal programs
CANNABIS: Legal cannabis market creates new revenue and job opportunities

Threats

VOLATILITY: Oil and gas price fluctuations impact state budget stability
COMPETITION: Neighboring states offer similar incentives for business attraction
CLIMATE: Water scarcity and drought impact agriculture and development
FEDERAL: Potential changes in federal funding and policy priorities
MIGRATION: Population loss to other states reduces tax base and workforce

Key Priorities

DIVERSIFY: Accelerate economic diversification beyond oil and gas dependency
EDUCATION: Implement comprehensive education reform to improve outcomes
INFRASTRUCTURE: Leverage federal funding for critical infrastructure upgrades
WORKFORCE: Develop skilled workforce to support growing tech and energy sectors

OKR AI Analysis

Updated: July 5, 2025 7/5/25

This SWOT analysis-driven OKR plan addresses New Mexico's critical transformation needs through focused economic diversification, education reform, infrastructure modernization, and workforce development. The strategic framework leverages the state's unique advantages in renewable energy, federal partnerships, and natural resources while directly confronting systemic challenges in education and economic volatility. Success requires disciplined execution across all four objectives, with particular emphasis on reducing oil and gas dependency while building sustainable competitive advantages in technology and clean energy sectors that will drive long-term prosperity.

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No past cycles

Mission & Vision SWOT Analysis OKR Plan Retrospective AI Strategy Data Acquisition

To serve New Mexico citizens by building a prosperous, sustainable, and equitable state for all residents

DIVERSIFY ECONOMY

Reduce oil and gas dependency through strategic growth

TECH: Attract 5 major tech companies with $500M+ investment commitments by Dec 2025
RENEWABLE: Complete 3 major renewable energy projects generating 1,000 MW capacity
MANUFACTURING: Establish 2 manufacturing facilities creating 2,000+ high-paying jobs
REVENUE: Reduce oil and gas revenue dependency from 35% to 28% of total state budget

TRANSFORM EDUCATION

Achieve top 35 national education ranking by 2027

FUNDING: Increase per-pupil spending by 15% and implement performance-based metrics
TEACHERS: Recruit 500 new teachers and increase average salary by 8% statewide
OUTCOMES: Improve 4th grade reading proficiency from 32% to 45% by end of 2025
INFRASTRUCTURE: Complete 25 school facility upgrades and technology installations

MODERNIZE INFRASTRUCTURE

Leverage federal funding for critical upgrades

BROADBAND: Expand high-speed internet to 85% of rural areas by December 2025
TRANSPORTATION: Complete 10 major highway projects improving freight and commuter flow
WATER: Upgrade 15 water treatment facilities and expand rural water access by 20%
GRID: Implement smart grid technology covering 60% of state electrical infrastructure

DEVELOP WORKFORCE

Build skilled workforce for emerging industries

TRAINING: Launch 8 workforce development programs in tech, renewable energy, and manufacturing
PARTNERSHIPS: Establish partnerships with 5 universities for industry-specific degree programs
PLACEMENT: Achieve 80% job placement rate for workforce development program graduates
RETENTION: Reduce young adult outmigration by 25% through career opportunity expansion

METRICS

State GDP Growth Rate: 4.2%
Job Creation: 15,000 new jobs
Education Ranking: Top 35 nationally

VALUES

Transparency
Accountability
Service
Innovation
Equity

State of New Mexico Retrospective

AI-Powered Insights

Claude

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New Mexico Department of Finance and Administration budget documents and revenue reports
US Census Bureau population and economic data for New Mexico
New Mexico Economic Development Department industry reports and investment data
National Education Association state education rankings and funding data
Federal Highway Administration infrastructure condition reports
US Energy Information Administration oil, gas, and renewable energy production data
New Mexico Film Office production spending and economic impact reports
Bureau of Labor Statistics employment and wage data for New Mexico

Texas Arizona Colorado Nevada Oklahoma

No past cycles

Mission & Vision SWOT Analysis OKR Plan Retrospective AI Strategy Data Acquisition

To serve New Mexico citizens by building a prosperous, sustainable, and equitable state for all residents

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What Went Well

SURPLUS: Generated $1.8B budget surplus from strong oil and gas revenues
INVESTMENT: Secured major tech investments from Microsoft and Netflix
EDUCATION: Increased education funding by 12% over previous fiscal year
FEDERAL: Received $2.4B in federal infrastructure funding commitments
FILM: Film industry generated record $855M in production spending

Not So Well

RANKINGS: Education rankings remained in bottom 10 nationally
OUTMIGRATION: Continued population loss to neighboring states
INFRASTRUCTURE: Delayed critical infrastructure projects due to capacity
WORKFORCE: Failed to meet workforce development targets in key sectors
DIVERSIFICATION: Oil and gas still represents 35% of state revenue

Learnings

VOLATILITY: Revenue diversification critical for long-term stability
EXECUTION: Project management capacity limits infrastructure delivery
RETENTION: Quality of life improvements needed to retain residents
COLLABORATION: Federal partnerships accelerate major initiatives
TIMING: Market timing crucial for business attraction success

Action Items

EDUCATION: Implement comprehensive education reform by end of 2025
WORKFORCE: Launch statewide workforce development program by Q2 2025
INFRASTRUCTURE: Accelerate project delivery with private partnerships
DIVERSIFICATION: Reduce oil and gas revenue dependency to 25% by 2027
RETENTION: Develop resident retention and attraction strategy by Q1 2025

State of New Mexico Market

AI-Powered Insights

Claude

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New Mexico Department of Finance and Administration budget documents and revenue reports
US Census Bureau population and economic data for New Mexico
New Mexico Economic Development Department industry reports and investment data
National Education Association state education rankings and funding data
Federal Highway Administration infrastructure condition reports
US Energy Information Administration oil, gas, and renewable energy production data
New Mexico Film Office production spending and economic impact reports
Bureau of Labor Statistics employment and wage data for New Mexico

Founded: January 6, 1912 (Statehood)
Market Share: 1.6% of US population
Customer Base: 2.1 million residents
Category:
State Government
Location: Santa Fe, New Mexico
Zip Code: 87501
Employees: Approximately 85,000 state employees

Competitors

Texas

Arizona

Colorado

Nevada

Oklahoma

Products & Services

No products or services data available

Distribution Channels

State of New Mexico Business Model Analysis

AI-Powered Insights

Claude

Gemini

GPT

New Mexico Department of Finance and Administration budget documents and revenue reports
US Census Bureau population and economic data for New Mexico
New Mexico Economic Development Department industry reports and investment data
National Education Association state education rankings and funding data
Federal Highway Administration infrastructure condition reports
US Energy Information Administration oil, gas, and renewable energy production data
New Mexico Film Office production spending and economic impact reports
Bureau of Labor Statistics employment and wage data for New Mexico

Problem

Economic stagnation
Poor education outcomes
Infrastructure gaps
Population outmigration

Solution

Economic development incentives
Education reform
Infrastructure investment
Quality of life improvements

Key Metrics

GDP growth rate
Job creation
Education rankings
Population growth

Unique

National laboratories
Renewable energy resources
Cultural heritage
Strategic location

Advantage

Federal partnerships
Natural resources
Tax incentives
Film industry presence

Channels

State agencies
Economic development
Online services
Federal partnerships

Customer Segments

Residents
Businesses
Federal government
Tourists

Costs

Personnel
Infrastructure
Education
Healthcare
Public safety

State of New Mexico Product Market Fit Analysis

Updated: July 5, 2025 7/5/25

New Mexico offers unparalleled opportunities for businesses and residents through strategic location, abundant natural resources, renewable energy leadership, film industry incentives, and strong federal partnerships. The state provides a unique combination of cultural heritage, innovative technology sector, and business-friendly environment that creates sustainable economic growth while maintaining exceptional quality of life.

Economic development opportunities

Quality of life improvements

Strategic location advantages

Before State

High poverty rates
Limited economic opportunities
Underperforming schools
Infrastructure gaps
Healthcare access issues

After State

Diversified economy
Quality education system
Modern infrastructure
Healthcare accessibility
Sustainable energy leadership

Negative Impacts

Population outmigration
Lower tax revenues
Reduced federal funding
Economic stagnation
Poor quality of life

Positive Outcomes

Population growth
Increased tax base
Business attraction
Federal investment
Improved quality of life

Key Metrics

Citizen satisfaction 68%

Economic development jobs created

Education outcomes improvement

Healthcare access rates

Infrastructure condition scores

Requirements

Strategic investment
Policy reform
Federal partnerships
Private sector collaboration
Workforce development

Why State of New Mexico

Targeted incentives
Infrastructure investment
Education reform
Healthcare expansion
Renewable energy development

State of New Mexico Competitive Advantage

Natural resources
Strategic location
Federal facilities
Tax incentives
Skilled workforce

Proof Points

Film industry growth
Renewable energy expansion
Healthcare improvements
Education funding increases
Infrastructure investments

State of New Mexico Market Positioning

AI-Powered Insights

Claude

Gemini

GPT

New Mexico Department of Finance and Administration budget documents and revenue reports
US Census Bureau population and economic data for New Mexico
New Mexico Economic Development Department industry reports and investment data
National Education Association state education rankings and funding data
Federal Highway Administration infrastructure condition reports
US Energy Information Administration oil, gas, and renewable energy production data
New Mexico Film Office production spending and economic impact reports
Bureau of Labor Statistics employment and wage data for New Mexico

What You Do

Provide essential government services and governance

Target Market

New Mexico residents and businesses

Differentiation

Renewable energy leadership
Cultural heritage preservation
Film industry incentives

Revenue Streams

State taxes
Federal funding
Oil and gas revenues
Investment income

State of New Mexico Operations and Technology

AI-Powered Insights

Claude

Gemini

GPT

New Mexico Department of Finance and Administration budget documents and revenue reports
US Census Bureau population and economic data for New Mexico
New Mexico Economic Development Department industry reports and investment data
National Education Association state education rankings and funding data
Federal Highway Administration infrastructure condition reports
US Energy Information Administration oil, gas, and renewable energy production data
New Mexico Film Office production spending and economic impact reports
Bureau of Labor Statistics employment and wage data for New Mexico

Company Operations

Organizational Structure: Cabinet-level departments under Governor
Supply Chain: State procurement and vendor networks
Tech Patents: N/A - Government entity
Website: https://newmexico.gov

Top Clients

Board Members

State of New Mexico Competitive Forces

Threat of New Entry

Low new entry threat as state government has monopoly on essential services within geographical boundaries

Supplier Power

Medium supplier power as state relies on federal funding and private contractors for major projects and services

Buyer Power

High buyer power as residents and businesses can relocate to states with better services and lower costs

Threat of Substitution

High substitution threat as neighboring states offer similar services with better outcomes and lower taxes

Competitive Rivalry

High competition from Texas, Arizona, Colorado for business attraction and resident retention with similar incentive packages

Analysis of AI Strategy

Updated: July 5, 2025 7/5/25

New Mexico's AI strategy should capitalize on unique advantages from national laboratories and federal partnerships while addressing workforce and infrastructure gaps. The state's position as home to Los Alamos and Sandia National Laboratories provides unparalleled AI research capabilities that can drive both government modernization and private sector growth. Success requires immediate investment in workforce development, legacy system modernization, and ethical AI governance frameworks. The convergence of federal AI initiatives, national laboratory expertise, and growing tech sector creates a transformative opportunity to establish New Mexico as a leading AI hub while improving citizen services and economic competitiveness.

Texas Arizona Colorado Nevada Oklahoma

No past cycles

Mission & Vision SWOT Analysis OKR Plan Retrospective AI Strategy Data Acquisition

To serve New Mexico citizens by building a prosperous, sustainable, and equitable state for all residents