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Economic Development Consulting

United States Institute of Leadership and Diplomacy

Our purpose, mission, and values

To help our clients make distinctive, lasting, and substantial improvements in their performance and to build a great firm that attracts, develops, excites, and retains exceptional people.

Our purpose

To help create positive, enduring change in the world.

Our mission

To help our clients make distinctive, lasting, and substantial improvements in their performance and to build a great firm that attracts, develops, excites, and retains exceptional people.

Our Values

Adhere to the highest professional standards

  • put client interests ahead of our firm’s

  • maintain high standards and conditions for client service

  • observe high ethical standards

  • preserve client confidences

  • maintain an independent perspective

  • manage client and firm resources cost-effectively

Improve our clients’ performance significantly

  • follow the top-management approach

  • pursue holistic impact

  • use our global network to deliver the best of our firm to all clients

  • bring innovations in management practice to clients

  • build client capabilities to sustain improvement

  • build enduring relationships based on trust

Create an unrivaled environment for exceptional people

  • be nonhierarchical and inclusive

  • sustain a caring meritocracy

  • develop one another through apprenticeship and mentoring

  • uphold the obligations to engage and dissent

  • embrace diverse perspectives with curiosity and respect

  • govern ourselves as a “one firm” partnership

Equipping and empowering agents of economic change capable of transforming outcomes in organizations, communities, or nations for a more sustainable economic development  that foster for economic security of people. 

We are living in a era where technological innovations are driving the world economies. Digital technologies are driving transformative change. Economic paradigms are shifting. The new technologies are reshaping product and factor markets and profoundly altering business and work. The latest advances in artificial intelligence and related innovations are expanding the frontiers of the digital revolution. Digital transformation is accelerating in the wake of the COVID-19 pandemic. The future is arriving faster than expected. Countries need to adapt their economic strategies to foster growth and improve lives of their citizens.

 

At USILD consulting, we help design economic growth strategies, transforming public finance practices, and improving government-wide effectiveness.

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Time is up for the traditional approach to economic development. While boosting GDP is important, policymakers no longer have the luxury of waiting for gains to translate—hopefully—to improvements in citizens’ lives. Instead, they need to deliver growth and well-being simultaneously. By creating jobs, nurturing skills, and improving access—for all—to services and opportunities, governments create a foundation for faster, more sustainable economic development. This requires pulling a variety of levers in a carefully orchestrated way.

Leveraging the Power of Markets and Business Enterprise Models to Create  Jobs, Fuel Income, and Improve the quality of Life.

USILD’s approach to economic development initiative is driven by the idea of  leveraging the power of markets and business enterprise models to create jobs, fuel income growth and improve the quality of life of peoples. This mission is accomplished through equipping and empowering nonprofits, entrepreneurs, executives, and transformational leaders who seek to bring growth to the communities they serve in effective and sustainable ways. We help our clients focus their strategies, grow their donor bases and drive system-level change. New technologies and business models are shifting economic growth from traditional sectors to non-traditional sectors. This shift comes with two complexities: the first complexity is related to new business models based on new technologies are being taxed of being responsible for rising levels of inequality, and the second complexity is related to the increasing competition for foreign investment. These two complexities have created an urgency in nations' governances to achieving sustainable economic growth for the sake of well-being of citizens.

 

Leveraging the power of expertise of USILD economic development consulting team, we've been drained to a mission of helping governments and policymakers tackle the imperatives and impediments alike.

  • Innovation. Drawing on new research, it is  clearly demonstrated that nations that innovate excel at job creation, entrepreneurship, talent, and ecosystems. But unleashing innovation requires significant investment and streamlined bureaucracy. We work with governments to develop comprehensive, long-term strategies. Case in point: helping Vietnam create its National Innovation Center, a hub for advances—and opportunities—in Industry 4.0 technologies.

  • Financial Inclusion. When financial services are readily accessible, whole populations can improve their lives and open new doors. Yet 1.7 billion adults are still unbanked. We use new lenses—such as behavioral economics and geospatial mapping—to understand why people don’t, or can’t, use certain products, and to figure out how to build better solutions.

  • Public-Private Partnerships. How can government and the private sector work together to drive better outcomes? We look at the factors that make—or hinder—successful partnerships, such as regulatory systems, institutional support, and the climate for foreign direct investment. Then we design solutions—such as Rwanda’s Investment Accelerator—to spark interest from private companies and spur collaboration.

What We Do

Assess economic potential

One of the first steps in any economic development project is to evaluate the current situation and identify the opportunities and challenges for growth. We conducts research and analysis on various aspects of the local economy, such as demographics, industry sectors, workforce, infrastructure, business climate, and competitiveness. We use various tools and methods, such as surveys, interviews, focus groups, benchmarking, SWOT analysis, and economic impact modeling, to collect and interpret data and generate insights.

Develop Economic Strategies
Based on the assessment, an economic development consultant develops a strategic plan that outlines the vision, goals, objectives, and actions for improving the economic performance and well-being of the community. They also identify the resources, partners, and stakeholders needed to implement the plan. An economic development consultant applies their knowledge of best practices, trends, and innovations in economic development to design creative and feasible solutions that address the specific needs and opportunities of the client.
Implement economic projects
An economic development consultant does not only plan, but also executes and manages economic development projects. They coordinate and communicate with various actors, such as government agencies, businesses, nonprofits, and community groups, to ensure the smooth and timely delivery of the project. They also monitor and evaluate the progress and outcomes of the project, using quantitative and qualitative indicators, and report on the results and impacts to the client and other stakeholders.
Workforce integration
Organizations that support the development and integration of marginalized groups—such as refugees and disadvantaged youth—into the economy
Provide ecomic advise
An economic development consultant also provides ongoing advice and support to the client on various economic issues and opportunities. They help the client navigate the complex and dynamic economic environment, and respond to emerging challenges and opportunities. They also provide guidance and training on how to use and apply economic data and tools, such as economic indicators, forecasts, and scenarios, to inform decision-making and planning.
Build economic capacity
An economic development consultant also plays a role in building the capacity and capability of the client and the community to achieve and sustain economic development. They facilitate collaboration and networking among different actors and sectors, and foster a culture of innovation and entrepreneurship. They also help the client and the community develop their skills and knowledge in economic development, through workshops, seminars, webinars, publications, and other resources.
Promote economic awareness
An economic development consultant also helps the client and the community raise awareness and visibility of their economic achievements and potential. They develop and implement marketing and communication strategies that showcase the strengths, assets, and opportunities of the local economy, and attract investment, talent, and visitors. They also engage and inform the public and the media on the benefits and impacts of economic development, and solicit feedback and input from them.
Enterprineurship
We partner with Endeavor to support high-impact entrepreneurs and catalyze vibrant, self-sustaining entrepreneurial ecosystems around the world.
Social-first impact investing
Impact investors who scale innovative enterprises that deliver affordable, high-quality, critical services—such as clean energy, healthcare, education and financial services—to the poor.
Agriculture and livelihood
Organizations that enhance the livelihood of smallholder farmers by strengthening their capacity and integrating them into agricultural supply chains.
Sustainable development
Innovative environmental nonprofits who work to preserve our world’s natural resources.
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