Mary Trigiani is a management consultant in Southwest Virginia. One of her interests is rethinking “economic development” in the region. I was struck by this morning’s lead-in to her daily newsletter.
Economic development is, for some, the game of redistributing taxpayer money and sustaining agencies for that purpose – without reporting ROI back to taxpayers or marking real progress. When it’s done right, however, economic development is an intricate process of modeling businesses, vetting partners, and building bridges – so that people can find jobs, prosper, and enjoy life. This shift in definition is a condition of today’s renaissance. And I believe Virginia’s Great Southwest will show the way.