About the Plan
The new 2016-2020 L.A. County Strategic Plan for Economic Development was released on January 5, 2016
The 2016-2020 Los Angeles County Strategic Plan for Economic Development (SPĒD L.A.) is our region’s collective effort to identify five-year priorities that strengthen economic opportunity and increase prosperity for our region. Released in January 2016, the Plan was developed throughout 2015, by engaging and soliciting input from hundreds of regional stakeholders, by surveying 1,000 businesses operating in Los Angeles County, hosting over two dozen public input sessions, conducting a scan of global best practices for economic and industry cluster development, and other foundational work.
The Los Angeles County Economic Development Corporation (LAEDC) facilitated the process and collaboratively developed consensus from the great ideas and priorities shared by the many stakeholders, who represented public, private, business, government, labor, education, environmental, and community-based organizations. The result is a very actionable plan which is comprehensive, collaborative, and consensus–built. The seven goals of the plan are outlined in the surrounding pages, starting with Invest in Our People, and including fostering job growth in our key industry clusters.
As a region, we know we have a lot of work to do. For example, poverty rates and growing wage inequality in L.A. County must be addressed; there need to be more well-paying job opportunities for families that support families. The region, much like the global economy continues to transition into the Information Age, and this is dramatically changing the nature of work and the kinds of job opportunity available, and the Strategic Plan will help navigate that change and position our industries and people to better succeed. This work is essential to LA County’s economic prospects and our shared future.
We must continue to move L.A. County onward and upward, and so we look forward to working with all of you to implement this Strategic Plan.
The Critically Important 2015 Public Input Sessions:
Public input sessions occurred in the different sub-regions of LA County: Antelope Valley; Gateway Cities; San Fernando Valley; San Gabriel Valley; Santa Clarita Valley; South Bay Cities; and Westside Cities, through the summer and fall of 2015. After the input sessions concluded, the plan was finalized and published, and now stakeholders in the region are moving into implementation. Read more in the surrounding pages about how your organization can join in the implementation, and have a powerful amnd positive impact. Here was a schedule of input sessions during 2015:
- May 19: Invest in Human Capital focus session
- June 4th: Build Livable Communities focus session
- June 10th: Infrastructure focus session
- June 22: San Gabriel Valley Region
- June 23rd: Antelope Valley Region
- June 25th: Santa Clarita Region
- June 30th: San Fernando Valley Region
- July 7th: Gateway Cities Region
- July 14th: South Bay Cities Region
- July 29: East LA Region
- August 13th: South Central LA Region
- August 18: Innovation organizations – Innovation focus session
- August 20: Workforce / Human Capital focus session
- August 25th: Global Connectedness focus session
- Sept 10: Focus on “Business-Friendly” input session
- Sept 14: Santa Clarita Region, round 2
- Sept 15: Antelope Valley Region, round 2
- Sept 17: Workforce / Human Capital focus session round 2
- Oct 13: San Fernando Valley Region, round 2
- Oct 14: Gateway Cities COG Region, round 2
- Oct 19: South Central LA Region, round 2
- Oct 20: San Gabriel Valley Region, round 2
- Oct 21: Labor organizations
- Oct 22: South Bay Cities Region round 2
- Oct 29: Environmental organizations
- Nov 5th: East Los Angeles Region, round 2
Retrospective: The original 2010-2014 Los Angeles County Strategic Plan for Economic Development
The first-ever 2010-2014 Strategic Plan for Economic Development in Los Angeles County was created as a guiding document to foster greater prosperity for the region and its residents, and increase stability for families and communities, including setting a foundation for job opportunity and a competitive L.A. County economy.
In Dewcember 2009, this original plan was adopted unanimously by the five Supervisors of L.A. County, and 84 of the 88 cities in L.A. County also endorsed it, including City of L.A. This plan has served not only as guidance for public leaders, but for education and workforce development organizations, non-profits, businesses, and many economic stewards of our region who were able to take action in a more unified way to accomplish great things for our region, rowing together towards common goals.
That first Strategic Plan for Economic Development was initiated during the depths of the Great Recession. We’ve made a lot of progress since those bleak recessionary days. In many respects, the Strategic Plan and the results achieved over its five-year implementation reflected our region’s resiliency during those dark times. It fully displayed our collective determination to improve the economic standing of our great County, and it helped define our County’s incredible creativity and inimitable entrepreneurial “can do” spirit with regard to what can be accomplished together in the face of seemingly intractable and daunting challenges.
Together, the people of L.A. County worked to create a stronger, more diverse and sustainable economy for our residents and communities. But as importantly, we molded an innovative paradigm for creating and implementing a “living and breathing” economic development strategy; one in which engaged civic stewards across our county could overcome cynicism and form a consensus around 52 strategies and 12 objectives to achieve five aspirational goals:
2010-2014 L.A. County Strategic Plan for Economic Development
Goal 1 Prepare an educated workforce
Goal 2 Create a more business friendly environment
Goal 3 Enhance quality of life
Goal 4 Implement sustainable land use
Goal 5 Build 21st Century infrastructure
You can follow the link above to see that original 2010-2014 plan. Then, the Strategic Plan Progress Report takes a look back at progress made during 2010-2014 to observe results made against the five goals from the original plan. This also sets a baseline for where we are and what direction we need to go for our next plan.