Wednesday, October 16, 2002
One of the keys to success in economic development, I've learned, is to stop doing stupid things. Public officials in Rochester seem to have gotten the message. It makes no sense to expect business people to find their way through a maize of public agencies when they want to expand or relocate. No one has the time.
Public officals are beginnning to coordinate the efforts of 20 different publc agencies involved in economic development. Public ED organizations in Rochester are coming together to form Monroe County Development Corporation (MCDC) with representatives from 20 different agencies. The goal is to simplify life for expanding companies and site selectors. EDPros facing similar local fragmentation can use Rochester as an example of what to do.
Rochester also has Greater Rochester Enterprise, a privately-led marketing group. The keys to success will lie in 1) how well MCDC comes together and 2) the type of relationship MCDC can forge with GRE. Read more. Go
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Rochester is starting to get its act together
