Services: Benchmark Assessments: Readiness Assessments

Click to EnlargeViTAL Economy (VE) has been conducting readiness assessments (RA) of economic regions for more than 15 years. We developed the RA process to make sure that economic regions were:

  • Ready to undertake and commit to a collaborative, grass-roots, asset-based CED initiative
  • Ready and able to handle the transformative results of a VE Journey

The RA involves the following:

  • A multi-faceted assessment of a region’s economic history and current conditions
  • Interviews with as many as several hundred business, public sector, labor union, community, and not-for-profit leaders living and working in the region
  • A comprehensive survey of existing studies of the region from the past five years
  • Highlights of global, national and regional trends critical to the region’s economic future
  • Quantitative and qualitative assessments of regional challenges and opportunities

Experience has taught the members of the VE Alliance that all economic regions are not ready to undertake and sustain a VE Journey. The RA is specifically designed to tell you if your region is ready to begin, and if not, what it will take to become ready. Contact us.

Benchmark Assessment Services


Our Approach in Action