Foundations of Economic Development: The Role of Leadership and Economic Decision Making

- About this program

- Core values and course objectives

- Learning and cooperation are foundational

- Simulation exercise

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Core Values

People working together can solve problems in communities.

When diverse people work together, they can build relationships that benefit the community.

Community problem-solving should be inclusive, engaging people of different backgrounds & life experiences.

Learning is a life-long experience. Everyone can learn new skills that will enhance their ability to participate in community problem-solving.

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Course Objectives

Understand how decisions made by leaders can have both positive and negative effects on community development.

Understand everyone has different leadership styles and skills.

Recognize communities can utilize different leadership styles and skills.

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Let’s get started…

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Get acquainted activity

Can you draw the perfect leader?

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Foundations…

What is community development?

What is economic development?

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Foundations…

But, what is leadership?

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Key question:How does leadership affect community development?

Answer: Leadership is the ability to influence the organization and use of community assets (capitals) to create or enhance economic and/or community development opportunities.

Leaders make decisions to allocate scarce resources in communities and therefore affect both community and economic development opportunities.

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Simulation Exercise

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Debrief

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Questions1. The Decision Making Process2. The Planning Process3. The Peer Learning Process4. The Economic Development Process (dynamic shift)

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Lessons Learned

What do you think?

Foundations of Economic Development: The Role of Leadership and Economic Decision Making

Lessons Learned

Recognize communities can utilize different leadership styles and skills; cooperation is the key

No matter how many resources are available for economic development, leadership is what brings them together

With shrinking resources, local governments must learn to share and learn together to leverage resources

Inaction is not an option; local governments must be proactive planners