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Hawke's Bay regional economic development strategy: The importance of stakeholder buy‐in
Author(s) -
Rowe James E.,
Collits Paul,
MacLeod Alasdair
Publication year - 2015
Publication title -
new zealand geographer
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.335
H-Index - 25
eISSN - 1745-7939
pISSN - 0028-8144
DOI - 10.1111/nzg.12105
Subject(s) - vision , stakeholder , process (computing) , stakeholder engagement , business , community development , process management , political science , economic growth , sociology , public relations , economics , computer science , anthropology , operating system
Abstract The main components of most economic development ( ED ) strategies are very similar. The visions and aspirational goals also sound alike for most communities. Most communities have also had a series of ED strategies that, over time, were often never implemented because of poor stakeholder buy‐in. This paper considers the importance of community support for an ED strategy and compares the engagement processes of the A uckland C ouncil and the H awke's B ay in developing their respective regional economic development strategies. In the H awke's B ay situation, the process is more important than the actual strategy document. This paper argues that garnering stakeholder buy‐in is the most critical component of the strategy development process.