Subject category:
Ethics and Social Responsibility
Published by:
Harvard Kennedy School
Length: 8 pages
Share a link:
https://casecent.re/p/7443
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Abstract
This case tracks the stages of a long-term effort made by the major utility in Georgia-the Georgia Power Company-to serve as a catalyst for economic development in the state, the economic fortunes of which would be crucial to the revenue stream of the utility itself. Part A focuses on the historic evolution of Georgia Power''s economic development efforts since World War II; from efforts aimed narrowly at helping companies relocating from the northern US to find appropriate sites, to a broad effort with four major parts: 1) linking corporate staff and field offices; 2) forming a partnership with government economic development agencies; 3) recruiting industries; and 4) concentrating on those areas of the state which appear to have the most growth potential and which ask for help. Part B focuses on one local area, Tifton, and the efforts of local officials to change their approach to recruiting and encouraging new industry. Part C focuses on the objects of attention in the second case-officials of Kanebo Spinning Co., who, thanks to the efforts of Georgia Power and Tifton officials, located a major facility in Tifton. This case series examines their perspective and some of the reasons for their decision. It is designed to encourage broad discussion of both the public and private role in economic development strategies.
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Abstract
This case tracks the stages of a long-term effort made by the major utility in Georgia-the Georgia Power Company-to serve as a catalyst for economic development in the state, the economic fortunes of which would be crucial to the revenue stream of the utility itself. Part A focuses on the historic evolution of Georgia Power''s economic development efforts since World War II; from efforts aimed narrowly at helping companies relocating from the northern US to find appropriate sites, to a broad effort with four major parts: 1) linking corporate staff and field offices; 2) forming a partnership with government economic development agencies; 3) recruiting industries; and 4) concentrating on those areas of the state which appear to have the most growth potential and which ask for help. Part B focuses on one local area, Tifton, and the efforts of local officials to change their approach to recruiting and encouraging new industry. Part C focuses on the objects of attention in the second case-officials of Kanebo Spinning Co., who, thanks to the efforts of Georgia Power and Tifton officials, located a major facility in Tifton. This case series examines their perspective and some of the reasons for their decision. It is designed to encourage broad discussion of both the public and private role in economic development strategies.