by J. Katie McConnell
Economic development is about jobs and future prosperity - two things that local elected officials take very seriously. It is also a complex policy area that needs long-term vision and commitment, but is commonly subject to urgent calls for results, often for understandable reasons, such as high unemployment. To do economic development well, cities need strategic elected leaders to help develop and communicate a common vision, provide committed policy and regulatory support and motivate stakeholders to action.
The upcoming Leadership Training Institute seminar "Formulating Effective Economic Development Policy, Marketing and Communication Strategies," to be held May 17-19 in Manhattan Beach, Calif., will help local elected officials develop their leadership capacity in economic development.
Even while the fiscal climate is making it difficult for cities to implement large-scale, capital-intensive economic development projects, local leaders can support economic growth and better meet the needs of the business community by focusing on available avenues, including: