In today’s economic development climate, where communities face both a complex global economy and a tangled web of economic development strategies, communities are looking for a straight forward strategy that can be implemented by both professional developers and local citizens.
Magnetic Communities is that strategy: highlighted on this website and fully developed in Magnetic Communities. The book gives residents, elected officials, economic developers and community leaders a clear understanding of what drives their local economy and what real-world strategies they can implement, both individually and as a community, to create and sustain prosperity.
The catchphrase “Magnetic Communities” is intended to remind community leaders that money / resources must be both attracted and retained to create prosperity. Similar to a magnet that attracts and retains bits of metal; Magnetic Communities attract and retain money, a process that generates a positive cash flow and prosperity.