A logic model is a visual representation of the connections and relationships between inputs, outputs and outcomes. It can serve as a road map for planning initiatives. It illustrates what activities you will undertake and the intended results using graphics and text.
Logic models are designed to be flexible; if factors come unexpectedly into play, the logic model can be adjusted. Logic models come in different formats but the basic information is the same.
Selecting a leader is much more than just simply filling an existing position. In the third and final part of our Succession Planning Tips series (see Part 1 and Part 2); we will be over-viewing a checklist for selecting a leader.
Successful regional economic development planning achieved thanks to the “Train the Trainer” program developed by the Regional Economic Development Branch of the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA).
Gone are the days of planning in silos for the municipalities in Huron County. In 2014, the County began the challenging process of re-structuring their entire Economic Development department and also created an Economic Development Board comprised of leaders from across the business community. The first order of business was to develop a comprehensive strategic plan. Working together, all ten municipal partners and community representatives achieved economic development plans that are integrated county-wide.
As I stated in my last blog post “Effective Economic Development Requires Data”, data is critical to understanding the local and regional economy. Expanding on that point, there are three main areas where data supports economic development.
Use data to inform economic development strategies
Data can help identify a region’s most important economic assets and conditions. The ability to identify these is important for making informed decisions about what industries to focus on for retention, recruitment, or start-up. This can also help get diverse stakeholder groups onto the same page. As a result, strategies built on data are more likely to stand the test of time because they are designed based on a commonly held set of facts, rather than being based on perception. Continue reading 3 Ways Data can Support Economic Development→