Methodology
Our methodology holds the promise of unleashing economic development by providing a means of diagnosing and prescribing the most effective interventions. When tied together, our detailed country data sets, in-depth analysis, and innovative processes become a powerful lever for national governments, international organizations, foundations, and global corporations to accelerate enterprise development.
GEDI provides resource allocation guidance so that attention and funds are directed to areas that will have the greatest impact on future economic development. We open a road map for identifying initiatives, create a compass for targeting the most critical areas, and establish mile markers for monitoring and evaluating societal impact.
Our process typically involves these five steps:
- Examining a country’s entrepreneurial context in-depth;
- Reviewing existing initiatives aimed at improving economic development;
- Designing assistance programs using value creation criteria that transform projects into strategic initiatives;
- Seeking appropriate opportunities for collective action – focusing on social change expands the potential for partnerships; and
- Providing frameworks for diligently tracking results and assessing impact – the greatest value is achieved through consistent improvement over time.
If you’re interested in exploring how we can help you optimize your economic growth initiatives, please email Peter Komives at: peter@thegedi.org.