𝗡𝗼𝘁 𝗺𝘂𝗰𝗵! despite the ramifications of changes to funding; fewer, large local councils and more strategic authorities such as Combined Authorities – this is all about institutions, principles, possibilities… meanwhile the economic challenges remain the same, and new ones emerge.
I’m going to avoid all that fluff about boundaries and the “right size” of local authority and focus on delivery. I’m not dimissing it, but the boundaries and size will never be perfect, and a compromise will be drawn somewhere. Meanwhile there are plenty of challenges and opportunities to deal with.
Driving economic change amidst an evolving policy landscape is about being able to embrace the following:
1. **Adapt and Innovate**: Embrace change positively. Use past experiences to revitalise and improve economic strategies.
2. **Persistence is Key**: Core economic challenges remain. Keep advocating for solutions until they’re addressed.
3. **Strategic Team Building**: Assemble a diverse and informed team. Their insights and commitment are crucial for regeneration efforts.
4. **Prioritise Wisely**: Given limited resources, focus on the immediate and long-term challenges that you can act on now.
5. **Preserve Institutional Knowledge**: Frequent changes can erode valuable insights. Retain knowledge to keep delivering and prepare for new policies.
6. **Quick Wins Matter**: Establish early successes to set a strong tone. Show tangible progress quickly to build momentum.
7. **Stay Agile**: Local plans should be flexible to adapt to economic shifts. Be ready to pivot strategies as needed.
8. **Informed Decision-Making**: Constantly monitor local economic performance. Use this data to guide responsive actions.
9. **Aim High**: Set ambitious goals with detailed plans. Adapt to changing priorities but keep your long-term mission in sight.
Remember, effective economic development requires a mix of strategic foresight, adaptability, and commitment = 𝙨𝙩𝙧𝙖𝙩𝙚𝙜𝙞𝙘 𝙥𝙧𝙖𝙜𝙢𝙖𝙩𝙞𝙨𝙢.
Stay focused, maintain flexibility, and lead with vision.
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...