Most regional initiatives fail because they’re unwilling to institute transformative, decision-making frameworks that match their strategies. Regional frameworks succeed when they are developed as a complementary structure that leverages and does not compete with existing decision-making frameworks. They also must reflect the region’s economic drivers and natural economy rather than its political boundaries.
ViTAL Economy (VE) has helped develop new economic frameworks in numerous regional initiatives across Canada, Australia and the U.S. Contact us for examples of successful frameworks in multi-county, state-wide and cross-border regions, and learn how they can be customized to meet the unique realities of your region.