Thursday 1 November 2012

Weekly Blog by Philip King, CEO of the ICM - 'Re-arranging the deckchairs'


The report from Lord Heseltine released this week - No stone unturned in pursuit of growth - contains some interesting proposals. I'm writing these words within hours of publication so I won't pretend for a minute to have read and digested all 89 recommendations but I have scanned the chapter focusing on localism, and building on our strengths.
 
The report says we must 'reverse the long trend to centralism' and goes on to propose we should 'empower local places by letting them take the initiative to generate local growth, in partnership with central government', and 'we must ensure that the incentives and structures of local places are organised in such a way as to secure the greatest possible economic contribution, with each area able to play to its natural strengths.’
 
It's difficult to argue with this - local people should be more aware of the needs and opportunities in their area - and this should therefore be more effective than funding being handled, and activity controlled, from the centre. However, if the 29 current Local Enterprise Partnerships, and their predecessor Regional Development Agencies have demonstrated one thing, it is that some local organisations are better than others.
 
Lord Heseltine says ‘...growth is everyone's business. Government can set national policies and create an environment where business can flourish, but success depends on businesses and individuals working together. As we prepare for growth we must - each and every one of us - do all in our power to advance it. It is not someone else's problem.’
 
Good true words but if a local infrastructure is going to work as we all want, then it needs to deliver consistently well and effectively across all regions. If it doesn't, we're in danger of just rearranging the deck chairs under a new name.

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