Insights

TIP Staff

To Deliver on Opportunity Zones’ Potential, Return to their Original Premise

Opportunity Zones (OZs) have been a hot topic for economic developers and investors across the country. As the largest federal economic development investment in over a decade, OZs originally excited economic developers because of their promise to deliver community benefits, but as the market has unfolded, OZs have instead been met with criticism. Shifting the narrative to focus on both economic growth and community inclusion is an important step to ensure that OZs deliver on their potential and promise to strengthen the country’s disadvantaged communities.

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Three Workforce Trends to Watch in 2018

Over the past decade concepts like full employment, the skills gap, and the gray tsunami have become pressing concerns in the economic development arena. Technological disruptions continue to cast a shadow on the future of jobs. In the face of these challenges, here are three trends that are worth paying attention to over the short term.

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Washington State: Planning for the Defense Sector’s Future

In 2015, TIP Strategies was selected by the Washington Department of Commerce as the lead contractor for multiple phases of the state’s $4.3 million US Department of Defense, Office of Economic Adjustment (OEA) grant. The statewide strategy and sustainability plan will provide a comprehensive blueprint for military and defense contractors and related support organizations to anticipate and mitigate potential losses through effective planning and strategic decision-making.

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Downtown Shreveport, LA

North Louisiana Economic Partnership: Impressive First Year Results

In June 2014, the North Louisiana Economic Partnership (NLEP) adopted its five-year strategic plan, developed with the assistance of TIP Strategies. TIP’s principal and CEO, Tom Stellman, recently attended NLEP’s Annual Meeting to provide an update on plan implementation and outcomes to the organization’s Board of Directors.

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TIP Clients Creating Paths to Prosperity

The recent Politico article, “A Real Path to Shared Prosperity in America,” addresses a topic that has been a central concern for many of our clients. The article highlights findings from a conference of thought leaders held this summer at Harvard Business School to explore the critical question: How can our nation continue to grow while also providing a path to prosperity for more Americans?

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A Measure of Success

Performance measurement is an increasingly important part of economic development strategic planning. In addition to traditional measures of job growth, income, and tax base, TIP has been working with our clients to establish broader metrics associated with challenges including sustainability, social equity, and other community development issues.

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