Tuesday, July 22, 2003
Well, it appears that Cincinnati and Convergys have come to a new agreeement (after, you will recall, Convergys insisted it was not open to negotiation).
There's only one problem now. Nobody is quite sure whether the deal will cost $52 million or $67 million (option A) or $63 million or $76 million (option B). But, no matter, the mayor assures us that Convergys is "'99.9 percent' done on a deal."
It should all be over by Thursday. That's the day Convergys says it needs a vote. By that time, according to the article, "city officials should have a more detailed accounting of the costs and benefits of both plans". How reassuring.
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:
Here's the link if you are a bloglines subscriber:
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.
Mismanaging the incentive game, Part 4
