Marcelino C. Flores, Council Member Pascua Yaqui Tribe

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Presentation transcript:

Marcelino C. Flores, Council Member Pascua Yaqui Tribe Economic development Marcelino C. Flores, Council Member Pascua Yaqui Tribe Welcome

Working Concept Project Management Infrastructure Development Planning Visionary Long-Term Holistic Community Driven Involvement On Going Process Economic Development BRE Marketing, Development Finance Nation Building Sovereignty, Capacity Building, Governance Entrepreneurship Traditional Knowledge-based Sustainable Workforce Development and Education Tribal Economic Development exists ephemerally within three main-stream schools of thought. Namely, Planning, Economic Development, and Nation Building. This course is intended to recognize values and principle of each respective discipline and how they may be applied to tribal economic development efforts overall. The approach is to build upon a base understanding of Indian Country and the applicable land and governance status. History and culture are explained in manner that shapes recent history and economic outlook of individual tribes. At its culmination, Tribal Economic Development shines as a holistic approach to Human Development and Innovative Leadership. Tourism Gaming Healthcare Project Management Infrastructure Development Resource Management

Economic development A program, group of policies, or set of activities that seeks to improve the economic well-being and quality of life for a community by creating and retaining jobs that facilitate growth and provide a stable tax base Here is the definition from the International Economic Development Council (IEDC). The only organization that promotes and certifies professionally recognized and certified economic developers. Pick out some of the words in the meaning…stable tax base, retaining jobs, economic well-being, and the infamous, “Quality of Life.” In his book, “When the Boomers Bail,” Mark Lautman identifies five essentials of community quality. Namely, 1. the ecosystem is stable and improving 2. World-class public education and improving 3. low crime and improving 4. affordable housing and improving 5. The economy is growing faster than the population. He spends a good amount of time on the last point as a major theme of good economic development. But what would a world class public education system look like? Well, everyone would know calculus-based physics and economic development.

Entrepreneur Development Business Finance Marketing Entrepreneur Development Neighborhood Development Technology Transfer Business Expansion The tenets of economic development. A short list. Finance, BRE, Development and Reuse. AND Marketing. True economic development occurs when the market is well understood and decisions are being made based on the market dynamics.

Four tenets of economic development Finance 5 C’s of Credit Debt Financing Equity Financing Development Project Defined Market Suitability PEST Analysis Business Retention and Expansion Business Climate Workforce Community Development Marketing Know Your Product Know Your Market