The Economic Development Practices to Prioritize in 2023
New research from the Site Selectors Guild unveils the relevancy of select economic development practices and insights on what’s next for the industry in the year ahead. Relationship-building marketing tactics and product development tactics, such as those designed to strengthen and grow the workforce, were identified as very relevant as economic development organizations (EDOs) and site consultants look to 2023. The findings are based on surveys of the Guild’s site selection consultant members and EDO professionals known as Guild Partners.
Learn more about the findings of this research conducted in October 2022 below.
EDOs and Guild consultants agree that business retention and expansion programs will be critical in 2023.
Guild consultants recommend continuing customized job training in 2023.
EDOs agree that attending in-person events are an important way to strengthen relationships with consultants.
Guild consultants recommend continuing customized labor studies/labor market analyses in 2023.
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