Economic Development InsightsThe Ady Advantage: Strategy Matters

 

AS I SEE IT | “A Great Place to Live, Work and Play” Doesn’t Cut It

I jokingly tell those who participate in my training classes that after they finish my course, they will be forbidden from saying that their area is “a great place to live, work and play” without substantiating that claim. Let’s face it: site selectors have heard this a million times, and we’ve learned to just roll our […]

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Are you RFI ready?

We recently worked with a client on a site location project that had an extremely short time frame to make a decision. This is not an unrealistic scenario in the world of site selection. EDOs that are able to respond in a timely manner and include all of the requested information will increase their chances […]

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AS I SEE IT | The Surest Thing Toward Stable Funding  

A couple of years ago, I had the honor of speaking at the 20th Anniversary of a regional economic development group. This one was special to me, as my dad, Bob Ady, had done a lot of their foundational strategy work when he was head of PHH Fantus. Believe it or not, one of the […]

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What can you learn from Main Street?

I recently attended Main Street Now, the annual conference of the National Main Street Center, Inc. Over 1,500 Main Street directors, economic development professionals, and community leaders from small towns, mid-sized cities and urban neighborhood business districts from throughout the U.S. and Canada met in Milwaukee to share successes and insights, address challenges, and plan […]

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Making the most of brownfield opportunities

  Identifying and actively marketing brownfields is a trend that is growing in popularity. At Ady Advantage, we’re increasingly integrating brownfield redevelopment efforts into the strategic plans that we develop for our economic development clients. This allows us to map all of the property assets in the region, which in turn can result in more interest […]

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As I See It | Skating to where the puck will be

So you’re the economic development director in a small- to medium-sized rural community that is showing slow to no growth in population and labor force. Your local employers have a backlog of open jobs, but generally seem disengaged with workforce development (other than one or two star employers). A new supplier serving a nearby OEM […]

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Ghost towns, abandoned factories, and deserted parks

 Ghost towns, abandoned factories, deserted parks and an eerie, visual quiet. Sounds like Chernobyl or a shuttered buggy factory, doesn’t it? It’s not; this is the type of photographic imagery I see all too often on economic development websites. Shots of downtowns with no one on the street, sidewalks or benches. Playground equipment and picnic […]

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As I See It | Could Water Be the Next Economic Development Disrupter?

First, let me say that this article is not about Flint, at least not directly. The focus of this article is on industrial water usage in the United States and what it means for economic development. As I see it, water and wastewater treatment is the new frontier of the “haves” and “have-nots” in economic development. […]

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Demystifying SEO for economic developers

SEO can be a mystifying and intimidating concept. You may have heard web developers talk about things like keywords, alt tags, rankings, or the Google algorithm. On top of that, there are a plethora of companies who would be more than happy to increase your search ranking – for a hefty fee. Is SEO really […]

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AS I SEE IT | A Deeper Look at Headquarters Relocation Projects

By now, everyone has seen the news about GE’s long-anticipated move from Fairfield, Connecticut to Boston’s Seaport District. Additional headquarters relocations continue to occur, it seems, just about every week. With the Tyco merger with Johnson Controls, it looks as if the combined company’s operational U.S. headquarters will stay in Milwaukee, where Johnson Controls is […]

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