New partnership will measure EDC progress - WALB.com, Albany News, Weather, Sports

New partnership will measure EDC progress

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By Jennifer Emert - bio | email

ALBANY, GA (WALB) -  The Albany-Dougherty Economic Development Commission is working with Georgia Tech to develop a system to judge how well the commission is doing its job.

The partnership would create a performance tracking program to help the EDC come up with benchmarks by which to judge itself.

EDC President Ted Clem says investors give the organization a lot of money to develop business in Albany and should have a way to measure whether they're getting enough bang for their buck.

The program also has another purpose.  "The second thing it's going to do is give us internal capability to manage our resources, which areas of our program of work are more affective, which strategies work best and once we start gathering and accumulating that data over the years we'll be able shift our resources to areas and get a better bang for our buck," said Albany-Dougherty EDC President Ted Clem.

The EDC is one of the first development organizations to partner with Georgia Tech and will receive software to track their progress as part of the pilot program.

 

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