Friday, January 09, 2004
This morning, I presented a regional economic strategy for the Charleston, SC region.
Putting this strategy together has been tough, since the levels of trust within the region are relatively low. Although the region's leadership came together to respond to the closure of the Naval base in the late 1990's, no similar crisis is on the horizon.
The basic point is this: The Charleston region performed very well in responding to the Naval base closure. They followed a strategy of branch plant recruitment, and it worked.
Now, however, the region must respond to a new set of challenges if it hopes to build a sustainable, higher income economy. In the comoing months, we will see how the region's leadership responds to these challenges.
You can read about my report here. (Free registration required.)
You can download a copy of the report from this page. 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.