Bloomberg Businessweek: MBAs Take Lead in Crafting Economic Plan for D.C.
Bloomberg Businessweek ran the following article: June 15 (Bloomberg) –
One of the hallmarks of Vincent Gray’s mayoral campaign in 2010 was a promise to create a five-year economic development strategy for Washington, D.C., a plan he took action on shortly after he took office in January 2011. First he reached out to a prominent multinational consulting firm for help in crafting the plan, but they quoted the mayor’s office a figure exceeding $1 million dollars, says David Zipper, director of business development and strategy at the deputy mayor’s office for planning and economic development. Says Zipper: “It was much more than the city could afford at a time when we were facing a budget deficit.”
The city went back to the drawing board and soon found a more creative and cost-effective way of getting help: utilizing the resources of four local business schools in the D.C. area. The mayor’s office was able to set up a partnership with George Washington University’s School of Business, Georgetown University’s McDonough School of Business, Howard University’s School of Business, and American University’s Kogod School of Business.
Posted by gwsb on June 22, 2012 | Filed under: Commentary,Dean.
