COVID-19 has brought with it, unprecedented challenges for the economy that can be difficult for individual businesses to tackle alone. To help communities during these times where much remains unknown, organizations need to work together and collaborate to achieve effective outcomes.
This three-part blog series will discuss how organizational development can support economic recovery through leadership and team efforts.
Recovery will be complex and will likely involve issues that are too large for any one organization to solve alone. Recovery efforts will require the collective efforts of new partners and stakeholders across multiple sectors. Every participant will need to identify and use their strengths to contribute towards a solution that will result in a noticeable impact. Collaboration requires some degree of effort from everyone.
Continue reading The Importance of Collaborating to Support Economic Recovery
Business Retention & Expansion (BR+E) is a concept that can be activated for times of crisis. It is a structured and community-based approach to business and economic development. It helps communities learn about issues facing local businesses and sets priorities to address these needs where possible to help strengthen the economy. It is important to recognize that few communities can do everything they would like to do to support their existing businesses.
It is a free Excel-based tool that includes information for every municipality in Ontario. The tool was developed in partnership with the Rural Ontario Institute and the Conference Board of Canada, and includes the most recent Statistics Canada data available.