Best Practices for Locations that want Economic Development

best practices

Best Practice Approach:

Google the Web for an answer: What is a best practice? (copy / paste the question)

Enterprise and Economic Development Glossary: best practices

Enterprise and Economic Development Glossary: best practice approach

Best Practice Essentials for Successful Networking

About Economic Development, page 3: What is required to engage in the process.

The Summary of Best Practices for Local Economic Development

Priorities for Smart Communities

Seven Essentials for Success in Locations that Want Economic Development

Take a Best Practice Approach to Being Online as a Location Data Supplier

Summary of Best Practices
for local economic development

promote and maintain a pro-business attitude

organize and facilitate regular business networking events

visit existing enterprises and let them know what you are doing

encourage enterprise leaders to be community leaders

recognize volunteers who contribute to economic development efforts

present your community profile in the standardized format used in your region

maintain a directory of existing enterprises as a item of location data

maintain a community profile of economic development data

know the outside sources of location data available about your community

find and network with area development allies within your community

find and network with outside contacts interested in your area's development

perform an annual area wage survey

organize and facilitate management and human resources forums

have education leaders and resource personnel as allies

encourage libraries to participate in the distribution of economic development data.

communicate with the area workforce

encourage efforts aimed at maintaining enterprise excellence

encourage efforts aimed at maintaining enterprise excellence

encourage efforts for achieving continuous improvement

keep programs and activities on-going and information up-to-date

The Economic Development Network website has two important resource sections that may interest you. One resource is its economic development introduction series. Page 3 of the series has a summary of economic development fundamentals. The summary is a resource for communities wanting to take a best practice approach in seeking economic development opportunities. It's about what economic development requires.

The second section of the website should be of interest because it offers assistance to locations throughout the world seeking economic development prospects. Locations have the opportunity to list for free in the section and include links to the websites of their location data suppliers (about location data suppliers). Listings of locations begin with counties. The section, Area Development, moves you from there to the local level to include the smallest of places. You can either access the main directory of Economic Development.net to learn more about Area Development or, if have a location in mind that you want to see listed without cost or obligation, send an email now.

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essentials for success
in places that want economic development

Success follows ...

when there is a local agenda for investing in leadership development

when recognition is given to those who invest their time and resources

when all leaders and allies buy into five work essentials

when local development representatives and allies are continuously networking

when educators and those in position to train workers are engaged in the process

when contacts are available to stand behind location data with offers of assistance

when there is preparedness to compete and a dedication to delivery on commitments

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Priorities for Places Seeking Economic Development

priority 1 ... Work at retaining enterprises that provide good jobs.

priority 2 ... Work at maintaining a local and regional pro-business attitude.

priority 3 ... Work at maintaining an ally network.

priority 4 ... Work at being a player in regional development.

priority 5 ... Work at keeping location data in a state of readiness for prospects.

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Three things you should know about The Network providing the resources on this page.

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