Business News
Last week I talked about the process of understanding who wants to join our game and our strategy for playing the game at the best of our ability as the competition is strong and we must be on point at all times. This week, "The Game of Economic Development - Playing to Win: Playing the Hand You're Dealt."
Last week I talked about the Object of the Game and the difference between consumptive industries and primary industries, how dollars are replenished, and the direct relation between diversification and a strong local economy. This week, "The Game of Economic Development - Playing to Win: Where Do They Hold Tournaments?"
Object of the Game:
Imagine that our local economy is represented by a bucket filled with water. The walls of the bucket symbolize the boundaries of Dyer County. The water inside the bucket equals the wealth within our community. Circulating that water around, acting like a blender, are those local businesses serving Dyer County’s residents. Most local businesses are referred to as consumptive industries, comprised of restaurants, retailers, and most professional and service providers.
