gvA Update

A community development strategy is a long-term plan that identifies community strengths and leverages them to improve the quality of life in the community. In general, a Community Development Strategy uses a strategic approach to community development that aligns community needs with available resources which may even be located even outside the community. To be frank, it is very difficult but not impossible for most African communities to increase their speed of economic growth and development without the inflow of resources. To achieve this, the community would have to adopt an approach that builds or attracts skill sets in addition to material capital. That means it has to be open for business. Attracting and keeping local and foreign investors should be a priority for every community. Many communities underestimate the role of community economic sensitization which is critical for preparing a community for investors, even local investors. No community can speed growth without capital accumulation and technological change. Capital and technology are very discriminating when looking at host communities. Only host communities that promise a good experience can succeed. Investors want to be sure that the environment for business is good and sustainable. To be able to provide this the community will do well to be sure that it has good leadership and the leaders must make sure they hire and retain good managers. At the EBS we have developed a market driven strategy that can make a community perform like a well run corporation. This is is all a part of our Refined Economic Development (RED) strategy for job creation and community economic competitiveness. We have checked and what the retired AVM Ararile is doing as the Ovie of Umiaghwa-Abraka Kingdom is in line with the RED strategy and highly commendable. Other communities should take note. I am Magnus Kpakol, and that is my view.

 

Posted: Jun 28th, 2016 @ 08:42:50 AM