Monday, January 10, 2011

Nanaimo Economic Development Strategy

Guiding Compass or Dust Collector??
City Council and city staff have yet another document to guide their decisions as they try and plot a course for Nanaimo into the future. The 103 page report prepared by EDCD Consulting for many thousands of tax dollars contains the usual abundant verbiage you would expect from such a report. Lots of graphs and statistical data which may just as easily confuse as clarify.

It is likely wrong to think that a couple of consultants living on the lower mainland can really plot an economic course to give direction to Nanaimo that our local pool of intelligence could not. After all, we do have all that high priced senior management staff at city hall we should be leveraging first, don't you think. Given their considerable experience leading us into the convention business I am sure they know of ample resources to make sound business decisions for the future of our community. Why it is necessary to pay thousands to another consulting firm to assemble what any business person of reasonable intelligence could do makes one wonder.

It should come as no surprise that their first suggestion, which will be embraced by council and city staff, is to create yet another bureaucracy to assemble a group of navel gazers to produce yet more and more reams of reports to be added to the pile. Expect strong support for a downtown hotel which will surely kick start the lagging convention business and equally as strong support to develop more marketing plans to harness the economic engine of the cruise ship industry. It seems to go unnoticed that both of these industries are in decline and given current economic reality are not likely to recover soon.

Typical of these reports it seems the authors seem to justify their fees based upon the size of the report, the number of words used and the sheer weight of the finished volume. It does however, lack the five point, concise overview which clearly spells out the studies findings.


To quote a man of reasonable intelligence: " If you can't explain it simply, you don't understand it well enough" .... A. Einstein

To download your own copy of the Economic Development Strategy click here.

allvoices

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