Columbus Economic Development Board

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Description

The economic development strategy for the Columbus area is a plan for improving the economic opportunity and material welfare of the population of the Columbus area and Bartholomew County. Strategy is an organization's planned response to its environment. Any successful strategy tends to be valid for a period of approximately five years. During this period of time environmental conditions change which will cause the strategy to become obsolete. For example, our current strategy is one of attracting high value-added jobs in manufacturing and developing new clusters of high value-added jobs in the information technology (IT) and life sciences sectors. Similarly, this strategy is expected to have an approximate five-year life before environmental conditions will change and cause it to be revised and updated. Careful monitoring of any strategy on an annual basis is required in order to stay sensitive to underlying trends that may be developing.

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