The Growth Sectors Skills Trap You Need to Avoid

The Growth Sectors Skills Trap You Need to Avoid

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜„๐—ผ๐—ฟ๐—ธ๐—ณ๐—ผ๐—ฟ๐—ฐ๐—ฒ ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† ๐—ณ๐—ผ๐—ฐ๐˜‚๐˜€๐—ฒ๐˜€ ๐—ผ๐—ป๐—น๐˜† ๐—ผ๐—ป “๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐˜€๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€,” ๐˜†๐—ผ๐˜‚’๐—ฟ๐—ฒ ๐—ถ๐—ด๐—ป๐—ผ๐—ฟ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ฏ๐—ถ๐—ด๐—ด๐—ฒ๐˜€๐˜ ๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐—ท๐—ผ๐—ฏ ๐—ผ๐—ฝ๐—ฒ๐—ป๐—ถ๐—ป๐—ด๐˜€: ๐—ฅ๐—ฒ๐—ฝ๐—น๐—ฎ๐—ฐ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐——๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ. We’re funneling all our attention into fashionable trends while critical job vacancies go unfilled in stable,...
๐—ง๐—ต๐—ฒ **๐—›๐—ฎ๐—ฟ๐—ฑ ๐—ฌ๐—ฎ๐—ฟ๐—ฑ๐˜€** ๐—ผ๐—ณ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

๐—ง๐—ต๐—ฒ **๐—›๐—ฎ๐—ฟ๐—ฑ ๐—ฌ๐—ฎ๐—ฟ๐—ฑ๐˜€** ๐—ผ๐—ณ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

Let’s cut the fanfare. Economic Development is not a press release, its not a claim of a golden future in a manifesto or strategy. It’s a job, on the ground, in a neighbourhood. In the UK, we’ve perfected the art of the launch eventโ€”the glossy,...
๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ’๐˜€ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฏ๐—ผ๐—ผ๐—ธ: ๐™ข๐™–๐™ฃ๐™š๐™ค๐™ซ๐™š๐™ง๐™ž๐™ฃ๐™œ ๐™–๐™ฌ๐™–๐™ฎ ๐™›๐™ง๐™ค๐™ข ๐™ฌ๐™๐™ž๐™ฉ๐™š ๐™š๐™ก๐™š๐™ฅ๐™๐™–๐™ฃ๐™ฉ ๐™˜๐™–๐™ฅ๐™ž๐™ฉ๐™–๐™ก ๐™ฅ๐™ง๐™ค๐™Ÿ๐™š๐™˜๐™ฉ๐™จ

๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ’๐˜€ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฏ๐—ผ๐—ผ๐—ธ: ๐™ข๐™–๐™ฃ๐™š๐™ค๐™ซ๐™š๐™ง๐™ž๐™ฃ๐™œ ๐™–๐™ฌ๐™–๐™ฎ ๐™›๐™ง๐™ค๐™ข ๐™ฌ๐™๐™ž๐™ฉ๐™š ๐™š๐™ก๐™š๐™ฅ๐™๐™–๐™ฃ๐™ฉ ๐™˜๐™–๐™ฅ๐™ž๐™ฉ๐™–๐™ก ๐™ฅ๐™ง๐™ค๐™Ÿ๐™š๐™˜๐™ฉ๐™จ

At Economic Development World, we like to think “what if” and how we’d respond professionally to a challenge. Here’s our thoughts on this one – what would you do? ๐˜ ๐˜ฐ๐˜ถโ€™๐˜ท๐˜ฆ ๐˜ณ๐˜ถ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฏ๐˜ถ๐˜ฎ๐˜ฃ๐˜ฆ๐˜ณ๐˜ด. ๐˜›๐˜ฉ๐˜ข๐˜ต ยฃ๐Ÿค๐Ÿข๐Ÿข ๐˜ฎ๐˜ช๐˜ญ๐˜ญ๐˜ช๐˜ฐ๐˜ฏ ๐˜ด๐˜ช๐˜จ๐˜ฏ๐˜ข๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ค๐˜ฐ๐˜ฏ๐˜ด๐˜ต๐˜ณ๐˜ถ๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ...
Get your offer out in a language that business understands

Get your offer out in a language that business understands

๐——๐—ผ๐—ฒ๐˜€ “๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป” ๐—ฟ๐—ฒ๐—ฎ๐—น๐—น๐˜† ๐—บ๐—ฒ๐—ฎ๐—ป ๐—บ๐˜‚๐—ฐ๐—ต ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€? ๐—ถ๐˜€ ๐—น๐—ฎ๐—ป๐—ด๐˜‚๐—ฎ๐—ด๐—ฒ ๐—ต๐—ผ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐—ฝ๐—ฟ๐—ผ๐—ด๐—ฟ๐—ฒ๐˜€๐˜€ ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฎ๐—ฟ๐—ฒ๐—ฎ? ๐Ÿš€ The word “innovation” can sometimes feel vague or lead to a narrow focus on R&D without a clear path to commercial success....
International Lessons From City Deals

International Lessons From City Deals

๐—ฅ๐—ฒ๐—ณ๐—น๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐—–๐—ถ๐˜๐˜† ๐——๐—ฒ๐—ฎ๐—น๐˜€ I was lucky to participate in a ๐—ฝ๐—ฎ๐—ป๐—ฒ๐—น ๐—ฑ๐—ถ๐˜€๐—ฐ๐˜‚๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐—ฐ๐—ถ๐˜๐˜† ๐—ฑ๐—ฒ๐—ฎ๐—น๐˜€ last week. Here are the key lessons from the UK and Australia on City Deals. It was a chance to reflect on the great report I wrote with Professor...
Best Practice Economic Development Organisations Don’t Just Implement Programs

Best Practice Economic Development Organisations Don’t Just Implement Programs

๐—•๐—ฒ๐˜€๐˜ ๐—ฃ๐—ฟ๐—ฎ๐—ฐ๐˜๐—ถ๐—ฐ๐—ฒ ๐—˜๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ Organisations ๐™™๐™ค๐™ฃ’๐™ฉ ๐™Ÿ๐™ช๐™จ๐™ฉ ๐™ž๐™ข๐™ฅ๐™ก๐™š๐™ข๐™š๐™ฃ๐™ฉ ๐™ฅ๐™ง๐™ค๐™œ๐™ง๐™–๐™ข๐™จ. ๐˜›๐˜ฉ๐˜ฆ๐˜บ ๐˜ณ๐˜ฆ๐˜ฅ๐˜ฆ๐˜ง๐˜ช๐˜ฏ๐˜ฆ ๐˜ธ๐˜ฉ๐˜ข๐˜ต ๐˜ฐ๐˜ณ๐˜จ๐˜ข๐˜ฏ๐˜ช๐˜ด๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ฆ๐˜ง๐˜ง๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ท๐˜ฆ๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ญ๐˜ฐ๐˜ฐ๐˜ฌ๐˜ด ๐˜ญ๐˜ช๐˜ฌ๐˜ฆ. Hereโ€™s the behaviours I’ve seen from ๐˜ฃ๐˜ฆ๐˜ด๐˜ต ๐˜ฑ๐˜ณ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ค๐˜ฆ economic development organisations: ๐—–๐—น๐—ฒ๐—ฎ๐—ฟ ๐—ผ๐—ฏ๐—ท๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜†...