(http://www NULL.knowyourregion NULL.org/wp-content/uploads/2013/01/Performance-Metrics-FINAL NULL.pdf)

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Performance Metrics Matter (http://www NULL.knowyourregion NULL.org/wp-content/uploads/2013/01/Performance-Metrics-FINAL NULL.pdf), a publication of the National Association of Development Organizations prepared by the ViTAL Economy Alliance (http://www NULL.vitaleconomy NULL.com/index NULL.htm), explains how performance metrics can be used to create a more effective CEDS for a regional economy.

A Comprehensive Economic Development Strategy (CEDS) is more than a mandatory report for opening doors to federal funding, especially through the U.S. Economic Development Administration (EDA) (http://eda NULL.gov). It should be an opportunity to formulate effective strategies that transform a region’s economy by creating or retaining wealth and increasing prosperity.

This white paper discusses how performance metrics can be used to create a more effective CEDS for a regional economy. It includes real-life examples of how performance metrics have been used by various Economic Development Districts (EDDs) and other regions assisted by ViTAL Economy to address unique conditions and transform their region’s economic performance. It also demonstrates how performance metrics are the first critical step in creating meaningful strategies in a CEDS and how they can improve an economic region’s ability to meet the new NADO’s Seven Principles of CEDS Standards of Excellence (http://www NULL.knowyourregion NULL.org/wp-content/uploads/2012/05/EDA-CEDS-Standards-of-Excellence NULL.pdf).

Click here to download the report (PDF) (http://www NULL.knowyourregion NULL.org/wp-content/uploads/2013/01/Performance-Metrics-FINAL NULL.pdf)