Survival Guide to Economic Development Strategies

This comprehensive survival guide offers essential tips for successful economic development, focusing on community engagement, relationship building, promotion strategies, and adaptation to change. Key points include knowing your community, building partnerships, honest promotion of positives, national marketing efforts, and engaging local leaders. It emphasizes the importance of communication, maintaining existing industry relationships, and being adaptable in times of crisis.

• Economic Development
• Community Engagement
• Marketing Strategies
• Adaptability
• Local Leadership

free_yci Follow

Uploaded on Sep 21, 2024 | 0 Views

Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

Presentation Transcript

1. SURVIVAL GUIDE TO ECONOMIC DEVELOPMENT Kim Huston Nelson County Economic Development Agency

2. KNOW YOUR COMMUNITY WHAT DO YOUR COMMUNITY LEADERS WANT KEEP AN INVENTORY BE ABLE TO ANSWER ALL QUESTIONS WORK WITH PRIVATE PROPERTY OWNERS

3. ECONOMIC DEVELOPMENT IS A TEAM SPORT ECONOMIC DEVELOPMENT IS MORE THAN INDUSTRIAL DEVELOPMENT : - QUALITY OF LIFE - WORKFORCE DEVELOPMENT, - NEW BUSINESS DEVELOPMENT, - INFRASTRUCTURE MAKE RELATIONSHIPS AND PARTNERSHIPS

4. HONESTLY PROMOTE THE POSITIVES BE AUTHENTIC TO WHO YOU ARE YOU CAN T BE EVERYTHING TO EVERYONE BE MEMORABLE

5. MARKET YOURSELF NATIONALLY YOUR INITIAL VISIT WILL BE VIRTUAL HAVE A PROFESSIONAL ON-LINE / SOCIAL MEDIA PRESENCE NO TWO TOWNS ARE CREATED EQUAL, BUT HOW YOU DIFFERENTIATE YOUR COMMUNITY OR ORGANIZATION FROM THE COMPETITION, MAY DEFINE YOUR EFFECTIVENESS AND SUCCESS

6. KEEP LOCAL LEADERS ENGAGED KNOW WHAT YOUR GOVERNMENTAL LEADERS WANT KEEP GOVERNMENTAL LEADERS INFORMED BE PART OF FINANCIAL/REGULATORY DECISIONS

7. BECOME AN RFP EXPERT WORK WITH ALL PARTNERS TO HAVE THIS INFORMATION ON HAND AND UP-TO-DATE MAKE RELATIONSHIPS WITH KCED PROJECT MANAGERS RESPOND TO AN RFP ON TIME

8. COMMUNICATE YOUR SUCCESSES MAKE SURE YOUR COMMUNITY PRIORITZES ECONOMIC DEVELOPMENT SHARE SUCCESSES LOCALLY TRANSPARENCY IS IMPORTANT

9. DONT FORGET EXISTING INDUSTRY SIGNIFICANT GROWTH COMES FROM EXISTING COMPANIES REGULAR MEETINGS WITH COMPANIES HOST BOARD MEETINGS AT COMPANY LOCATIONS SUPPORT COMPANIES AFTER THE RIBBON CUTTING

10. BE ADAPTABLE TO CHANGE HAVE MEASURES IN PLACE IN TIMES OF CRISIS

11. SURVIVAL GUIDE TO ECONOMIC DEVELOPMENT Kim Huston Nelson County Economic Development Agency www.nceda.net kimhuston@nceda.net