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Devise Strategies

Strategies for regional economic and workforce development should be "SMART" - Specific, Measurable, Achievable, Realistic, and with a Timeline. Additionally, a region's strategy should account for a region's: infrastructure (including roads, buildings, and technology such as broadband); investment (availability of risk capital); and available talent.

In developing strategies that spur transformation, regions should focus on:

  • Building innovation (through R & D and intellectual property formation)
  • Bringing innovation to market
  • Identifying new industries
  • Developing new markets
  • Creating new initiatives for capital creation.

Tools to assist you:

Department of Labor CareerOneStop is sponsored by the U. S. Department of Labor,
Employment and Training Administration
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