Economic Development InsightsThe Ady Advantage: Strategy Matters

 

Building Defense Economies Resilient to the Defense Industry

The defense industry is notorious for its boom and bust cycles. Almost anything can affect it, including public policy, global affairs, technology, and funding. For some local economies that are heavy into the industry, this can, at times, cause economic uncertainty. Employment goes up and down, talent disperses, and the robustness of the local economy […]

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AS I SEE IT | Building Talent Attraction Strategies that Work

  As most economic developers will tell you these days, businesses go to where the talent is located. So, many regions understand that business attraction often means talent attraction. Here are a few thoughts on building talent attraction strategies that work. Realistically identify your assets.  Similar to site selection, there are assets that communities can […]

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AS I SEE IT | The Value of a Strong Economic Development Ecosystem

There’s an old saying that goes like this: Economic development is a team sport. Like many old sayings, there is a lot of truth to this one. We work with hundreds of economic development professionals each year, including a good mix from state, regional, and local economic development organizations (EDOs). As a result, we understand […]

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AS I SEE IT | My Wish List for 2017

  I’m optimistic about 2017. I think that project volume will continue, and I’m excited about the strategies that economic developers are devising to address issues ranging from talent to housing and brownfield redevelopment. And while our industry is as advanced as it has ever been, there is still room to separate the best from […]

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AS I SEE IT | The Biggest Disconnect Between ED Professionals and Site Selectors on Website Content

Ady Advantage has developed, audited, and advised on hundreds of economic development (ED) websites. The key theme is that no matter how much technology platforms evolve, content will continue to be king and strategy will continue to be what differentiates your region from others. Here’s an example from a recent Ady Advantage study that helps […]

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AS I SEE IT | A Recruitment Website Does Not a Talent Strategy Make

One of the challenges facing most rural communities today is talent. This may be evidenced by a small labor pool, an aging labor pool, and/or one that is flat to declining. The first point that I would like to make is that these challenges are not unique to your community, region, or even state. Many places […]

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The Advantages of WordPress Websites

Any expert will tell you that a successful website must continuously provide fresh, relevant, and clear content to its target audience(s). Choosing which content management software to use to deliver that content is another matter entirely.  Let’s take a shortcut to the number one CMS in the world right now: WordPress. According to a recent survey, […]

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AS I SEE IT | Six Reasons Why Economic Development is a Great Career Path

When my dad started out in site selection consulting some 50 years ago, it was a pretty undefined career path, to say the least.  In fact, you could say the broader economic development and site selection industry was nascent as well, although some of the old timers will remember AEDC and CUED.  While it is […]

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Is your website a billboard or a bulletin board?

According to scientific studies that were widely reported on in the media last year, humans now have shorter attention spans than a goldfish (you can read about it in this article by Time magazine). After a mere eight seconds, humans start to lose concentration, while a goldfish can focus its attention for nine seconds. In the […]

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AS I SEE IT | Skating to Where the Puck Will Be: A New Approach to Talent

 According to a recent Wall Street Journal article, there are more unfilled manufacturing jobs in the US than there have been in 15 years.  The drivers:Companies have invested in new technologiesThese new technologies require more training and educationUntil relatively recently, high schools lost focus on technical education in favor of four-year college programsParents of kids […]

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