What does an economic development consultant do?

An economic development consultant is a professional who provides expertise, guidance, and advice to governments, businesses, and organizations seeking to promote and improve economic growth and development within a specific region or area. Their primary goal is to assist clients in creating and implementing strategies that foster economic prosperity, job creation, and overall improvement in the quality of life for residents. In summary, economic development consultants play a crucial role in helping communities, businesses, and governments navigate the complexities of economic growth and development, ultimately aiming to create sustainable, vibrant, and prosperous local economies.

Backoffice consultants will do economic research not to create economic value for large companies, but rather to reduce poverty in developing countries and/or in a poor area of a developed nation, like the US or EU.

L'analyse et l'évaluation fournies par le consultant en développement économique sont essentielles pour éclairer les décisions stratégiques et les actions à entreprendre. Ces informations permettent aux acteurs économiques de mieux comprendre le contexte local, d'identifier les priorités d'action et de développer des plans stratégiques adaptés pour promouvoir le développement économique durable.

An economic development consultant specializes in advising businesses, government agencies, or communities on strategies and initiatives aimed at fostering economic growth and prosperity. Their primary responsibilities include conducting thorough assessments of local or regional economies, identifying strengths and weaknesses, and formulating recommendations for improvement. Economic development consultants collaborate with stakeholders of government officials, businesses, and community leaders, to design and implement plans that stimulate job creation, attract investments, and enhance overall economic well-being. Overall, provide expertise on issues of workforce development, infrastructure enhancement, and business retention and expansion.

A viabilidade econômica é a mais importante do projetos empresariais... não adianta cumprir os demais requisitos técnicos, legais ou mesmo socioambientais se o produto ou serviço não se paga. Por isso, normalmente, são conduzidas diferentes diligências de viabilidade do produto/ serviço ao longo da fase de criação ou implantação de um novo negócio. Em geral, eu costumo pensar no método do funil: do macro para o específico... uma pré-viabilidade mais teórica, usando "grandes números" até finalizar com detalhes operacionais e de mercado nas análises finais de viabilidade mais detalhistas.

Economic Development Consultant’s aim should be to foster sustainable economic development and improve overall prosperity. This can be achieved by analyzing data, identifying opportunities for investment, attracting businesses, promoting workforce development, and implementing policies to enhance competitiveness. They may also facilitate partnerships between public and private sectors and provide guidance on leveraging resources effectively. They typically advise governments, businesses, and organizations on strategies to stimulate economic growth within a particular region or sector.

Le rôle du consultant en développement économique dans la mise en œuvre de projets économiques est de veiller à ce que toutes les étapes du projet soient efficacement planifiées, exécutées et évaluées. Son expertise contribue à maximiser les chances de succès du projet, à minimiser les risques et à créer un impact économique durable.

Esta é uma área com grandes oportunidades de trabalho. Eu costumo dizer aos meus clientes que um dos grandes testes do empreendimento é passar pela prova de um olhar isento e independente de alguém externo à companhia... ou seja, responder a um conjunto de perguntas e análises de um consultor econômico independente. Esta visão externa é isenta de dogmas ou "freios de verdade" que toda organização possui internamente.

Le rôle d'un consultant après avoir fait son diagnostic est de clarifier la situation pour le client qui a sa propre vue sur son environnement, son évaluation des opportunités et menaces qui existent peut-être insuffisantes, c'est là que va intervenir le consultant grâce à ses compétences techniques, son expérience, il va compléter ou corriger certaines évaluations du client et lui donner la bonne façon de procéder, le bon usage des outils, clarifier les différents concepts par une formation, c'est la mission de tout consultant.

Create prosperity, not out of thin air, but from what's already there. Map the strengths - talented people, strong roads, promising industries – the foundation of progress. Then, create hubs of innovation: energetic workplaces where ideas are brainstormed. Next, train locals, shaping them into a skilled workforce, ready to create businesses and attract new businesses and people to the community. Remove bureaucratic hurdles, make red tape disappear, open doors for entrepreneurs, and finally, connect the stakeholders - businesses, government, community leaders, and the general public - working together like a well-oiled machine. So, instead of a small circle of prosperity, build a thriving, bustling community, where everyone helps everyone.

Le renforcement des capacités économiques par le biais du conseil et de l'accompagnement est essentiel pour stimuler la croissance économique et créer un environnement favorable à l'activité économique. Le rôle du consultant en développement économique est d'identifier les besoins, de fournir des conseils stratégiques et d'apporter un soutien pratique aux acteurs économiques afin de renforcer leurs compétences, leurs ressources et leur capacité à prospérer.

Em um dos muitos trabalhos de otimização de despesas que desenvolvi para empresas, eu tive o desafio de integrar o interesse de otimizar a visão de custos para todo o time gerencial, de primeiro e segundo nível. Este trabalho foi árduo mas os resultados foram muito bem recebidos pelo time da companhia. Um dos exemplos impactantes foi o novo procedimento de requisição de compras de itens de manutenção da frota de tratores e caminhões. O time de manutenção aprimorou os controles de uso de peças, lubrificantes e equipamentos. Toda a demanda de insumos passou a estar disponível com pelo menos 1 semestre de antecipação. Com isso, o time de comprar passou a adquirir os produtos com antecedência, obtendo preços muito mais atrativos.

An E D C is the catalyst for growth and vitality. He orchestrates strategies to uplift communities, attract investments, and spark job creation. From revitalizing local businesses to fostering innovation ecosystems, our mission is to sculpt resilient economies. He navigates the intricate dance of policies, investments, and community engagement, weaving a tapestry of sustainable development. He is know to sow seeds of prosperity for generations to come.