Three steps to Economic Development Equity

  1. Recognize and admit there is a problem and plan to take action — Much like an addict or those dealing with other mental challenges you must decide that there is a problem and deal with it. Collectively as a community, region, or town you must measure and dig deep into the issues in your community. Understand who is being impacted and why. Yes, be empathetic, but more importantly, through your strategic planning, work plan development and mission creation, recognize the problem and commit to doing something about it.
  2. Understand the drivers of Inequity in your community — Look at what, on the very local level might be driving this inequity and plan to address it. Measure and report these drivers. As management guru Peter Drucker said, “You can’t improve what you can’t measure” (or something close to that). Use these measurements to drive your planning and involve affected populations.
  3. Devote resources to addressing some of these inequities — Starting small and at the local level design programming, training and other programs to address your local issues. In a region where I worked we collaborated with a local group to create “coding” camps and classes. Coding is the new blue collar job. Many people can have decent living wage jobs by learning to code and program the millions of apps and programs that we all use increasingly every day.

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You can find me thinking and writing about economics, communities, technology, the future, and human performance. Find me at www. martinkarlconsulting.com

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Martin Karl Vanags

Martin Karl Vanags

You can find me thinking and writing about economics, communities, technology, the future, and human performance. Find me at www. martinkarlconsulting.com

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