According to columnist Neal Peirce from Citiwire.net, Cleveland and other Midwestern cities have “devised ingenious recovery strategies.”
From his article “Business-style Planning — A Key for Hard-pressed Metros”:
What do Munich and Cleveland, Barcelona and Seattle, Turin and Philadelphia, Seoul and Minneapolis-St. Paul — and Chicago — all have in common?
They’ve all have faced moments of serious economic challenge, but then devised ingenious recovery strategies.
Cleveland’s ingenious strategy:
The strategy is to help the manufacturers stop their rounds of layoffs by switching focus from routine work such as parts for auto suppliers to growth area opportunities such as wind turbine parts, tapping the collaboration’s new business planning, marketing insights and analysis, together with ties to the region’s university labs and lending institutions.
Read the article here: http://Citiwire.net/post/2456
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