Who is Your Community's Competition?

Economic regions compete effectively on the world stage
Think of it this way: If you try to break a stick, most likely you’ll find it’s easy. But try breaking four sticks bound together tightly.  You will find the bundle is far stronger than any one individual stick.

If you think you are competing with the community down the road, your strategy will be to beat that community. But those 1950s approaches have gone the way of the passenger pigeon. Experts today recognize that it is economic regions that compete on the world stage for economic advantages.

How Collaborating Yields More Power
Why does collaboration work? It is because of clusters; tax policy, financial services availability, and investment capital. It’s because of logistics and technology/communications; proximity to raw materials and the production and availability of components of manufacturing.  It’s because of access to critical workforce skills within the region. It is about scale. And it is about quality of life issues. It’s the whole enchilada.

Minneapolis St. Paul Regional Economic Partnership & THRIVE (Madison Region Economic Development Enterprise) Boundaries

If you can build a powerful regional economy everyone benefits – it’s the “high tide floats all boats” idea, and it takes cooperation. While on the micro level, it may make a difference to each of two nearby communities whether a company locates in one or the other, on the regional level, as long as the company locates within the region, the benefits will accrue within to everyone in both communities and to each community itself.
–Larry Ward, Southeastern Wisconsin Regional Planning Commission Executive Director

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