Navigating Change: Effective Strategies for Economic Development Organizations
Perhaps somewhat ironically, change is often the only constant in business. We live in a VUCA world – Volatile, Uncertain, Complex and Ambiguous. This phenomenon touches everything today, leading to head-spinning and rapid change on both a global and local scale. Economic Development Organizations (EDO) face a unique set of challenges to address. What does […]
Childcare and Workforce Development: The Critical Link for Fundraising Now
Childcare is getting a lot of press these days. Beyond the mountain of evidence that it pays huge dividends in reading skills, graduation rates, secondary education attainment, and lifetime earnings, the link to economic development is becoming increasingly important. Many of our clients now consider it an integral part of their economic development program of […]
The Interwoven Nature of Infrastructure in Economic Development
Infrastructure serves as the backbone of economic development, playing a crucial role in facilitating the movement of goods and people, providing essential services and supporting business operations. However, inadequate or deficient infrastructure can significantly impede local economic growth and competitiveness. From transportation networks to utilities and digital infrastructure, each component plays a vital role in […]
5 Ways Nonprofits Can Improve Data Quality and Insights
In many ways, a nonprofit is like a small business. While businesses try to increase sales and make a profit, nonprofits attempt to collect donations and drive support for their causes. In both cases, data allows you to make more informed decisions that boost incoming revenue. However, you can’t make reliable decisions if your data […]
Collaborative Strategies for Housing Development: Fostering Community Prosperity
The importance of available, acceptable, and affordable housing options cannot be overstated in the realm of economic development. Housing is a cornerstone of thriving communities, providing residents stability, a sense of belonging, and quality of life. Achieving a diverse range of housing options that meet the needs of all users is a complex challenge. In […]
Don’t Let Commercial Real Estate Pressures Impact Your Economic Development Goals
The economic landscapes of communities nationwide are as unsettled as ever. One facet of this reality is the state of commercial real estate. Beginning with government-imposed shutdowns and social distancing during the COVID-19 pandemic, businesses and individuals have changed their habits, incorporating remote or hybrid work practices into daily life. As a result, the need […]