~~~What is your organization doing differently?   EDO, Chamber, Utility, or Government, economic development is in a major transitional shift. When we started asking this question in November 2009 we got predictable answers: planning for a 5, 10 and 15% budget loss, shifting from promotion to relationships, working with existing employers, targeting green businesses, and focus on entrepreneurship. The following news excerpt from Colorado perfectly frames today's situation for those of us in economic development. NCEDC Board Chairman Paul Brickman said that the board has formed a "transformational team" to review the structure of the NCEDC and decide how to proceed. There has been no decision made yet on who might fill Dobbie's position or what that position might look like going forward. Brickman added that the restructuring has a little to do with the organization's finances -- as investors have had to pull back some funding -- but more to do with the emerging needs of today's employers and clients. "All organizations are going through a transformational change right now," he said. "We're financially sound, but the region has changed and we need to be able to change with it." Source: Northern Colorado Business Report Have you formed your "transformational team"? What is your strategy for the next 15 years?