Growing the Economy in a Region - The benchmark of success in today’s dynamic global marketplace is flexible management.

September 16, 2007

The benchmark of success in today’s dynamic global marketplace is flexible management. We conclude that while technical competencies—information and communication technology, optics/imaging and others—are important to the success of many Finger Lakes firms, it is management competencies that set the outstanding companies apart from the rest. Also important—and the particular responsibility of economic development initiatives— are enabling competencies, competencies that encourage the dissemination of both management and technical competencies and encourage the growth of the region as a whole.

Workforce development must be the centerpiece of the community’s economic development strategy, although the “workforce” includes the managers and entrepreneurs just as much as the employees on the shop floor, in the office, or in the laboratory.

Stephen M. Mitchell, PhD Project Director

Full Report: http://www.fingerlakeswired.com/docs/CGRReport_GrowingtheEconomy_07.pdf