By Janet Ady, President/CEO Ady Advantage

 


I recently had the honor of speaking at the 20th annual meeting for a group in Oklahoma.  Back in 1995, they were one of the first to conduct a target industry analysis (conducted by Fantus, now Deloitte), one of the first to formalize their incentives policy, and also one of the first to push for the creation of a regional group.  

 

Today, you'd be hard pressed to find many areas of the country that don't have some regional economic development representation. And I'm here to tell you that they play an important role and are here to stay.

  • The data is available.  Site selectors can just as easily evaluate the 380+ metropolitan statistical areas (MSAs) as they can 50 states. 
  • Since site selectors can evaluate more locations than ever before, their short list may be quite long. No site selector wants to manage a dozen or more local contacts unless they have to.  Regional EDOs provide a regional point of contact that gets the site selector close enough to the local action and simplifies the communication process for them.
(Read More) 


 


How can we help you meet your goals? Contact Janet at jady@adyadvantage.com

call 608.663.9218, or connect on LinkedIn

 

We look forward to hearing from you!

Ady Advantage Services

 

Ady Advantage (formerly Ady Voltedge) is a comprehensive and integrated economic development and site selection consulting firm. Our clients include more than 300 economic development organizations, for which we provide support on the full range of needs, including economic strategy, market differentiation, and implementation. Our corporate services focus on helping manufacturers and other sectors grow their businesses through an integrated solution set that includes various components, including facility expansion.


Our focus on both sides of the economic development equation is unique. It gives us important insight into the perspectives, challenges, needs, and sensitivities of site selectors and economic development organizations alike, bringing added value to both. 

 

 Follow us on Twitter View our profile on LinkedIn