๐๐ฒ๐๐ ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ Organisations ๐๐ค๐ฃ’๐ฉ ๐๐ช๐จ๐ฉ ๐๐ข๐ฅ๐ก๐๐ข๐๐ฃ๐ฉ ๐ฅ๐ง๐ค๐๐ง๐๐ข๐จ.
๐๐ฉ๐ฆ๐บ ๐ณ๐ฆ๐ฅ๐ฆ๐ง๐ช๐ฏ๐ฆ ๐ธ๐ฉ๐ข๐ต ๐ฐ๐ณ๐จ๐ข๐ฏ๐ช๐ด๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ฆ๐ง๐ง๐ฆ๐ค๐ต๐ช๐ท๐ฆ๐ฏ๐ฆ๐ด๐ด ๐ญ๐ฐ๐ฐ๐ฌ๐ด ๐ญ๐ช๐ฌ๐ฆ.
Hereโs the behaviours I’ve seen from ๐ฃ๐ฆ๐ด๐ต ๐ฑ๐ณ๐ข๐ค๐ต๐ช๐ค๐ฆ economic development organisations:
๐๐น๐ฒ๐ฎ๐ฟ ๐ผ๐ฏ๐ท๐ฒ๐ฐ๐๐ถ๐๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ ๐ผ๐ณ ๐บ๐ถ๐๐๐ถ๐ผ๐ป: Best practice economic development organisations are economic development cheerleaders, nerds, animateurs, deal makers, entrepreneurs and innovators. They take their remit and push it hard. They want to win for their communities.
๐๐ผ๐บ๐บ๐ถ๐๐บ๐ฒ๐ป๐ ๐๐ผ ๐ค๐๐ฎ๐น๐ถ๐๐: Best practice economic development organisations prioritise excellence and continuous learning, ensuring our strategies are always evolving to meet new challenges.
๐๐ฐ๐ผ๐ป๐ผ๐บ๐ ๐ฎ๐ป๐ฑ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐-๐๐ฒ๐ฑ ๐๐ฝ๐ฝ๐ฟ๐ผ๐ฎ๐ฐ๐ต: Best practice economic development organisations focus on understanding and responding to economic and market needs, rather than simply offering pre-defined products or services.
๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐๐๐บ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐: Best practice economic development organisations recognise that staff are the central resource, investing in comprehensive development and fostering a diverse mix of expertise.
๐๐ป๐๐ฒ๐ด๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐๐ผ๐บ๐บ๐๐ป๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป: Best practice economic development organisations emphasise seamless service provision and strong internal and external communication to maximize impact and client satisfaction.
๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป ๐๐ถ๐๐ต ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฎ๐น๐ถ๐๐: Best practice economic development organisations believe in market-testing ideas and ensuring their implementability, moving beyond mere inventiveness to true innovation.
๐ช๐ต๐ฒ๐ป ๐๐ฒ๐๐ ๐ฝ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ ๐ผ๐ฟ๐ด๐ฎ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป๐ ๐ฏ๐๐ถ๐น๐ฑ ๐ฎ๐ป๐ฑ ๐ฎ๐ฑ๐ผ๐ฝ๐ ๐๐ต๐ฒ๐๐ฒ ๐ฏ๐ฒ๐ต๐ฎ๐๐ถ๐ผ๐๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ผ๐ฟ๐ด๐ฎ๐ป๐ถ๐๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฐ๐๐น๐๐๐ฟ๐ฒ๐:
- They achieve enhanced performance and effectiveness, going beyond just program implementation
- They foster strong external relations and partnerships, leading to more holistic solutions and improved client access.
๐ ๐ฆ๐ต ๐ต๐ฐ๐ฐ ๐ฎ๐ข๐ฏ๐บ ๐ฐ๐ณ๐จ๐ข๐ฏ๐ช๐ป๐ข๐ต๐ช๐ฐ๐ฏ๐ด ๐ข๐ณ๐ฆ ๐ค๐ญ๐ช๐ฏ๐จ๐ช๐ฏ๐จ ๐ต๐ฐ ๐ข ๐ฑ๐ณ๐ฐ๐ฅ๐ถ๐ค๐ต-๐ญ๐ฆ๐ฅ ๐ข๐ฑ๐ฑ๐ณ๐ฐ๐ข๐ค๐ฉ ๐ฐ๐ณ ๐ง๐ฐ๐ค๐ถ๐ด๐ช๐ฏ๐จ ๐ด๐ฐ๐ญ๐ฆ๐ญ๐บ ๐ฐ๐ฏ ๐ฑ๐ณ๐ฐ๐จ๐ณ๐ข๐ฎ ๐ฆ๐ง๐ง๐ฆ๐ค๐ต๐ช๐ท๐ฆ๐ฏ๐ฆ๐ด๐ด.
How do I know all this stuff? well – I did a Ph.D. on “best practice in economic development agencies” and since then I’ve worked in the field for 27 years!
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