Successful places need an economic development strategy as much as unsuccessful ones.Here's 5 mistakes that successful places make: 𝗠𝗶𝘀𝘁𝗮𝗸𝗲 #𝟭: 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝗱𝗼𝗲𝘀𝗻'𝘁 𝗺𝗲𝗮𝗻 𝗶𝘁𝘀 𝘀𝗵𝗮𝗿𝗲𝗱. I live in a tech town. Sure its successful if you are a tech worker, but not if you are in...
General
5 𝙢𝙞𝙨𝙩𝙖𝙠𝙚𝙨 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙚𝙧𝙨 𝙢𝙖𝙠𝙚 𝙬𝙞𝙩𝙝 𝙡𝙤𝙘𝙖𝙡 𝙥𝙤𝙡𝙞𝙩𝙞𝙘𝙞𝙖𝙣𝙨 𝙖𝙣𝙙 𝙝𝙤𝙬 𝙩𝙤 𝙖𝙫𝙤𝙞𝙙 𝙩𝙝𝙚𝙢
5 𝙢𝙞𝙨𝙩𝙖𝙠𝙚𝙨 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙚𝙧𝙨 𝙢𝙖𝙠𝙚 𝙬𝙞𝙩𝙝 𝙡𝙤𝙘𝙖𝙡 𝙥𝙤𝙡𝙞𝙩𝙞𝙘𝙞𝙖𝙣𝙨 𝙖𝙣𝙙 𝙝𝙤𝙬 𝙩𝙤 𝙖𝙫𝙤𝙞𝙙 𝙩𝙝𝙚𝙢𝘔𝘪𝘴𝘵𝘢𝘬𝘦 1️⃣ 𝗧𝗵𝗮𝘁 𝘁𝗵𝗲𝗶𝗿 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲 𝗼𝗻 𝘆𝗼𝘂 𝗶𝘀 𝗮𝗹𝗹 𝗮𝗯𝗼𝘂𝘁 𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗽𝗼𝗶𝗻𝘁 𝘀𝗰𝗼𝗿𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗶𝗻𝗴. Politicians tend to care about the community, the issues faced and the constituencies they...
UK Government: verdict is still out on local economic policy
𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝘁𝗵𝗲 𝗨𝗞, 𝘄𝗶𝘁𝗵 𝗶𝘁𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆, 𝘀𝘁𝗶𝗹𝗹 𝗳𝗮𝗰𝗲 𝘀𝘂𝗰𝗵 𝘀𝘁𝗮𝗿𝗸 𝗿𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗮𝗻𝗱 𝘀𝗼𝗰𝗶𝗮𝗹 𝗶𝗻𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝗶𝗲𝘀?The numbers tell a tale of imbalance, with some regions trailing behind even the historically weaker areas of former East Germany.New government or not, we...
Achieving impact in local economic development
𝘿𝙤 𝙮𝙤𝙪 𝙩𝙝𝙞𝙣𝙠 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙞𝙢𝙥𝙧𝙤𝙫𝙚 𝙩𝙝𝙚 𝙧𝙚𝙨𝙪𝙡𝙩𝙨 𝙮𝙤𝙪 𝙜𝙚𝙩 𝙛𝙧𝙤𝙢 𝙮𝙤𝙪𝙧 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩 𝙗𝙪𝙙𝙜𝙚𝙩?The high-impact investments and activities are those which create jobs and GVA and have low amounts of displacement, duplication (of other support provided elsewhere) and...
“Strategic Pragmatism” – a whole organisation approach to economic development
As we look ahead to the weekend, it might be worthwhile to consider delving into Edgar Schein's Strategic Pragmatism," a book that offers profound insights into the processes of economic transformation.📕 This work isn't merely an examination of Singapore's Economic...
𝗛𝗼𝘄 𝗰𝗼𝘂𝗹𝗱 𝘁𝗵𝗲 𝗨𝗞 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝗶𝘁𝘀 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗴𝗿𝗼𝘄𝘁𝗵 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀 𝗮𝗻𝗱 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝗲𝘀?
For me - too many of the UK's recent economic policy announcements have been for the long term (Healthrow Ox-Cam, infrastructure, planning), or are formative and institutional (and therefore vague) - such as industrial strategy, Skills England, and local government...