And who wouldn’t? Especially these days, the idea that local communities can develop better strategies to promote job creation and economic activity is very sexy. But where to start?
At FC, Billy Warden and Greg Behr offer their vision. They argue that there are three keys to making this happen (1) embracing risk taking culture, (2) unlocking value in local institutions and (3) building more networking platforms. BTW, this is conventional wisdom by now. But again, where to start?
I think the basic problem is that building the above capacities is not the job of any one institution. Instead, it gets dispersed among various actors in the community. It boils down to a leadership question. So we need a new type of institution that has the job of developing these capacities (1) keeping the vision alive - evangelism, (2) connecting people - outreach, (3) supporting projects - energizing.
Hmm … what type of institution does that?