Programs and Initiatives
L.A. County Strategic Plan for Economic Development
In 2009, the LAEDC engaged and solicited input from more than 1,000 stakeholders in more than two dozen public forums that brought together leaders from the public, private, business, government, labor, education, environmental, and community-based organizations to develop the first-ever comprehensive, collaborative, consensus Strategic Plan for Economic Development in Los Angeles County.
On December 22, 2009, the Plan was unanimously adopted by the Los Angeles County Board of Supervisors. The implementation phase has now begun. The LAEDC is working with its champions to ensure the successful delivery of the Plan’s objectives and strategies that will strengthen the economy, improve the environment and invigorate our communities.
Get involved with the Plan! Share your thoughts and ideas on our blog or on twitter @LAStratPlan.
The Center of Economic Development
The Center of Economic Development is a regional program of the LAEDC, a 501(c)
(3) public benefit corporation. As a program of the LAEDC, the Center benefits from
related work of the LAEDC's acclaimed Business Assistance, Economic Research and
Consulting Programs which provide separately funded connectivity to the business
community and public sector clientele.
The Center's work will be funded, prioritized and approved by the Southern
California Leadership Council to support and enable regional business leadership
and impact on critical public policy issues impacting southern California.
Policy issues will be addressed using a "Ready, Aim, Fire" methodology to support
effective business leadership.
Step 1: Ready
The Center will provide analysis to the Council on a limited number of
potential policy projects to pursue. The analysis will address the following criteria:
- Southern California or statewide importance
- Critical to economic development/job creation
- Near-term solutions possible
- Business leadership necessary for success
- Necessary funding
- Political will can be garnered
Examples might include Gridlock, Regulatory Burdens on Business, CPUC
Rate Policies, Energy Supply Shortfall, etc.
The Leadership Council will select
one or two critical policy initiatives, providing insight and guidance for the
development of a project work plan.
Step 2: Aim
The Center will then develop analysis of issues and possible solution paths
including identification of stakeholders, impediments to success, necessary
funding, financing, nature of business leadership necessary (e.g., political
advocacy, media communications program, public education campaign, speaker's
bureau, public-private dialogue or partnership, etc.)
Step 3: Fire
The Leadership Council will review work and recommendations of the Center
and develop and assign implementation tasks including necessary fund raising for
initiatives. Measures of success will be developed along with project implementation
plans and schedules. Political advocacy will be effected through state or regional
business advocacy organizations. Other implementation strategies will be developed
by the Center using project teams for implementation. Status on project implementation
and measures of success will be provided to the Council for monitoring, feedback and
direction.
As a policy initiative is completed, the ready, aim, fire process will
be repeated to identify the next initiative.
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Recent Studies
The Center was also involved in the following LAEDC studies:
Impacts on Policy
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