This past winter, M&B principal and Northeast Economic Development Association (NEDA) board president, Abby Straus, appeared in the annual journal of the Kettering Foundation, Connections 2018: Experiments in Organizational Innovation.
In the article entitled: “Vibrant Communities: Reinventing an Economic Development Organization,” Straus discussed the organizational transformation underway inside NEDA to maintain its relevancy to those creating vibrant communities throughout the region. Along the journey toward reinvention, Straus explained, NEDA began to ask itself:
Who has a stake in the economic wellbeing of our communities? How might we engage them, so they feel included and want to participate in the NEDA community? How might we connect members to ideas and to each other to create value that will produce revenue? How might we support local associations in their work in collaboration rather than competition?
In answering these questions, Straus said, NEDA discovered:
… that our purpose doesn’t lie in solving problems for our members, but rather in connecting them to each other and to the solutions they—and we—create together. We learned that there is an appetite for connection and co-creation and that NEDA can provide an environment in which people of diverse backgrounds and perspectives might exchange knowledge and experience in service to creating an economically vibrant Northeast.
Checkout the full article here and tell us what you think! What are some other new ideas in community and economic development that we should know about?