Command-and-control leadership no longer works. In a rapidly changing world, economic development organizations face numerous obstacles to sustainable growth. TIP president Tracye McDaniel shares her insights about connected leadership—what it is and how it can be effectively harnessed by economic developers. Rooted in inclusivity, connected leadership can better position organizations and communities for resilience today and tomorrow.
Communities rarely embark on sustainability planning efforts under the auspices of economic development initiatives, which is a missed opportunity to impact a community’s industries, environment, and economic resilience. In a recent ED Now article, Jenn Todd-Goynes outlines critical questions to guide the process for an economic sustainability plan. The article is reposted here courtesy of the International Economic Development Council.
Communities across the US stand to benefit from monitoring the progress of the recently announced Regional Technology and Innovation Hubs program and formulating applications as the program moves forward. Administered by the EDA, this federal funding initiative focuses on expanding innovation beyond the current handful of successful high-tech centers.
The preparation of a comprehensive economic development strategy (CEDS) requires a community to define its collective vision for future growth and prosperity. The second installment in TIP’s CEDS series highlights the successful and inclusive outreach strategy conducted by Greater Spokane Inc. that drove the vision for their CEDS, THRIVE Spokane.
Last month, John Karras attended the International Economic Development Council (IEDC) 2023 Leadership Summit in Tucson, Arizona. In addition to spending time with former clients, new clients, and colleagues from across North America, he took away some observations which he shares in his latest post.
Cluster strategies are top of mind as a way to strengthen the competitive advantages of a region. An examination of the business-led approach used by the Central Indiana Corporate Partnership (CICP) for more than two decades reveals the keys to CICP’s success. A holistic and collaborative approach to ecosystem building can lay the foundation for sustainable long-term economic growth.
The comprehensive economic development strategy (CEDS) is a cornerstone of the US Economic Development Administration’s (EDA) grant program. TIP’s four-part series will dive into topics related to creating a successful CEDS, including EDA requirements, community engagement, equity, and resiliency. The first installment examines the CEDS as an important tool for helping communities prioritize economic development opportunities.
TIP managing director, Jon Roberts, recently spoke at the 2022 International Economic Development Council Leadership Summit in Coachella Valley, California. During the invite-only Leadership Roundtable, Jon outlined 10 trends that will affect economic development in 2022.
We are experiencing simultaneous crises in health, the economy, politics, climate change, and social justice—a combination few of us have experienced in our lifetimes. For some in our communities, survival is a daily challenge. And for others, recovery will be a long and difficult road. But it’s important for those of us in leadership positions to pause and think beyond recovery.
As the COVID-19 crisis and its economic effects continue to unfold, it has become clear that communities need to understand the job-related exposure and financial instability their residents risk to more effectively direct resources and support. To help shed light on these issues, TIP created the Occupational Risk Tool, based on the characteristics of occupations across the US. The health risk and risk to earnings scores, assigned by TIP, form the basis for the Occupational Risk Tool. Learn more about TIP’s unique new tool, experience an interactive demo, and read about the lessons we’ve learned on our blog.