A Holistic Economic Development Approach that Trascends Time
By Alejandra Guzman Cooper
Click para español->Enfoque Holistico del Desarrollo Economico que trasciende en el Tiempo
A HOLISTIC ECONOMIC DEVELOPMENT APPROACH THAT TRASCENDS TIME
Economic development promotes well-being, enhances quality of life, and provides opportunities to develop human potential.
Creating the right conditions is a complex task that requires the participation of various sectors within our community, and a holistic and deliberate approach that should be focused on people.
This holistic approach to economic development recognizes that there are participants who interact and work together within a system. Businesses and other sources of employment, the workforce, and infrastructure are some of these participants. Although they function independently, their continuous collaboration and interaction is required for their combined development.
Economic development matters only to the extent that it touches and changes the lives of all citizens. Cities that succeed in attracting financial and human capital acquire the ability to expand access to economic opportunity for their residents.
It is important to consider that development requires intentional action from multiple generations to allow change and opportunities to reach all communities.
Fortunately, there are economic development organizations dedicating their efforts to accomplishing this very task, and the New Orleans Business Alliance is an example of such organizations.
The New Orleans Business Alliance, NOLABA, was established in 2010 as the official economic development partnership for New Orleans. NOLABA's goal was to allow for long-term visions for the city to develop and for the work that goes into realizing them to transcend administrations.
With the inauguration of Mayor LaToya Cantrell on May 7th, 2018, the mission of NOLABA has taken full effect.
Within the context of this administrative transition, NOLABA will host The State of the New Orleans Economy Address, featuring a keynote from the new Mayor of New Orleans. Mayor Cantrell will share her plan to create an inclusive, equitable economic environment that will allow for New Orleans's growth and will benefit residents in all neighborhoods. The event is open to the public. You can learn more about the event by visiting www.nolaba.org.
Until next time!
The New Orleans State of the Economy hosted by NOLABA will be postponed to later this year. More information on the new date will be posted via nolaba.org