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2021-12-13 GC Agenda - Item 9 - Attachment 1 - Draft Economic Development Strategy 2021-2030
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3. The Economic Development Strategy 2021-2030 (the Strategy), will be supported by
an annual program of work which is developed in line with Council’s planning and
budget process. The work plans will include action plans and focused key
performance indicators and measures to monitor individual program development
and outcomes. Measures will have an increased focus on capturing the socio
economic benefits.
An annual Activity Update will be created to communicate the progress of initiatives
facilitated and delivered by the Economic Development team, and will include
measures and KPI’s. In this way we will report on outcomes that Council can directly
influence.
To increase focus and continue the conversation, an annual Economic Summit will be held
to activate dialogue and discussion on the state of the economy, stakeholder projects,
progress of the Economic Development Strategy and the transition to a “Smart biosphere”.
This summit will focus on the challenges we can tackle and explore and develop the bold
opportunities that will drive change and have impact.
This Economic Development Strategy will be reviewed and potentially refreshed every 3-5
years to ensure flexibility, relevance and alignment with Council policies.
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