Strategic Initiatives
In the age of globalization, a strategic plan is an essential guide to long-term regional prosperity. A better connected world will bring greater demands for resources and products and increase location options for companies seeking a competitive advantage. Rapid development will unleash a flood of qualified and educated workers, increasing the need for local workers to attain higher skill levels and improve productivity in order to maintain and improve current living standards. Our response to these competitive pressures must be shaped by a clear, comprehensive, collaborative strategy that guides job and business retention, expansion and attraction. Having good quality, stable jobs is the only path to a stronger, more sustainable economy and a better quality of life for our current and future residents. The newly-formed Strategic Initiatives department was created to ensure the successful implementation and delivery of the first-ever consensus, strategic plan for economic development in Los Angeles County. Guided by the five aspirational goals, 12 broad objectives and 52 specific strategies contained within the five-year Strategic Plan, the Strategic Initiatives department works with the designated Champions of each goal, like-minded organizations and individuals, the business community and the media to carry out the objectives and strategies that will help strengthen the economy, improve the environment and invigorate communities. The Strategic Initiatives department combines the LAEDC’s Policy, Consulting, and Marketing & Communications teams to effectively operationalize the Plan. |