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 Economic development organizations come in all shapes and sizes. Some are government-run, others emanate from chambers of commerce or utilities, still others are public-private corporations. While the debate over the optimal governing structure continues, inspiring successes can be had with each. Prager hones the core competencies of organizations regardless of type, enhances efficiency, and channels stakeholders to shared goals and collaborative action.
Prager's expertise is commonly requested for one of two purposes: to improve effectiveness of existing organizations and partnerships, or to create new organizations that fill a void. Even the most productive organizations must periodically re-examine themselves to stay ahead of the competition and perform in an ever-changing business environment. For these clients, Prager provides pinpoint fine-tuning. Some organizations, over time, become rudderless through no fault of their own. For them, Prager re-establishes purpose with achievable objectives and performance measures.
For untold communities, marrying government and business resources under a common umbrella emerges as the preferred course of action. And Prager is frequently the glue bringing them together. Here Prager's role is intensive and invasive. Depending on need, Prager — in collaboration with area leaders — crafts an organizational roadmap, identifies public and private partners, choreographs staff and ally responsibilities, determines budgets, recommends funds and fundraising processes, and facilitates partner development. All the while, key players gain ownership in the organization and a steadfast commitment to its success.
• Hanshin-Awaji Revitalization Organization, Japan
• Indiana Department of Commerce
• DuPageBiz (IL)
• Southwest Indiana Economic Development Coalition
• Metro Evansville (IN) Chamber of Commerce
• Jefferson County (IL) Development Corporation
• Santa Cruz County (AZ) Commerce and Economic Development
• Sugar Grove (IL) Economic Development Corporation
• Illinois Department of Commerce and Economic Opportunity
• World Business Chicago
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