Quote by Rod Blagojevich

A successful economic development strategy must focus on improving the skills of the area's workforce, reducing the cost of doing business and making available the resources business needs to compete and thrive in today's global economy.

A successful economic development strategy must focus on imp

Summary

This quote emphasizes the key elements of a successful economic development strategy. Firstly, it highlights the importance of enhancing the skills of the local workforce, as a skilled and adaptable workforce is crucial for attracting investment and driving economic growth. Secondly, it emphasizes the need to reduce the cost of doing business, as high business costs can be deterrents for potential investors. Lastly, it mentions the significance of providing businesses with necessary resources and support to effectively compete in the global economy. Overall, this quote underscores the core pillars of a comprehensive economic development strategy.

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By Rod Blagojevich

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