A planning model that adapts the discipline of private sector business planning is guiding the process of understanding Metro Memphis’ performance and developing strategies to guide its future. Created by the Brookings Institution and RW Ventures, Metropolitan Business Planning establishes a new way of doing business in regional economic development geared to meeting the heightened demands of global competition by:
- Assessing the regional economy’s market position.
- Detailing linked strategies to improve market performance.
- Specifying operational and financial plans to implement the strategies.