Why Economic Development Leaders Fail

Here are four major reasons that I see in my work:

1. Mindset Failures: Breakdowns occur in how leaders perceive reality for the community. Too much “trying to keep up with the Joneses.”

2. Whims and Fancies: Personal agendas get in the way of what’s good for the community.

3. Lack of Guiding Values and Vision: Tactics and the short-term sabotage what is really important.

4. Individual-Centered Leadership: Undermines the role of competency-based teamwork.

Your thoughts?