DT #643 Leadership Traits of High-Performing Economic Developers – Barry Broome
Develop This: Economic and Community Development
Release Date: 05/06/2026
Develop This: Economic and Community Development
What if the next wave of economic growth starts with local entrepreneurs? In this episode of Develop This!, speaks with of to explore how entrepreneurship-led economic development can help communities build stronger, more resilient economies. Rob shares how communities—especially rural ones—can leverage their unique assets to support entrepreneurs, strengthen local ecosystems, and create long-term growth from within. The conversation highlights SourceLink’s ecosystem approach, focusing on how connecting entrepreneurs to the right resources, partners, and support networks can reduce...
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What role do public-private partnerships play in the future of economic development? In this panel episode of Develop This!, explores the evolving PPP landscape with , , and , bringing together perspectives from the U.S. and Europe. The conversation dives into how economic development organizations are rethinking funding models, private sector engagement, and long-term sustainability in a changing global environment. A major focus is funding diversification. The panel discusses why stable, flexible funding matters—and how structured campaigns can help formalize private sector participation...
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What happens when rapid tech growth collides with a city’s cultural identity? In this episode of Develop This!, is joined by and of to explore the evolution of Austin’s tech boom—and the social and economic trade-offs that come with it. Once known for its distinct culture and creative energy, Austin has become one of the fastest-growing tech hubs in the U.S. But as investment and innovation accelerate, the conversation turns to a harder question: what gets lost in the process? The discussion unpacks the growing tensions between economic expansion and community impact, including...
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What does it take for rural communities to compete and grow in today’s economy? In this episode of Develop This!, speaks with , EVP of the , to explore the opportunities and challenges shaping rural economic development. Jolene shares her journey from nonprofit leadership into economic development and explains how collaboration, creativity, and community trust play critical roles in driving regional growth. The conversation highlights how Great Falls is leveraging local strengths to support entrepreneurship, attract investment, and create long-term economic momentum. Workforce and housing...
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What does it take to rebuild an economy after a disaster—and turn it into a model for long-term growth? In this episode of Develop This!, speaks with , CEO of , to explore lessons learned from leading economic recovery efforts after Hurricane Katrina and 9/11. Michael shares how New Orleans approached rebuilding not just infrastructure, but its entire economic foundation—balancing urgency with long-term strategy, and recovery with reinvention. A major theme is the importance of community involvement in shaping recovery efforts. He emphasizes that post-disaster planning cannot be top-down,...
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What does it take to build thriving communities across an entire region? In this episode of Develop This!, speaks with to explore her unique journey from law enforcement to economic development—and the leadership lessons she’s learned along the way. Drawing from decades of experience in regional collaboration and workforce strategy, Barb shares how trust, authenticity, and long-term relationship building have helped shape successful community development efforts across Wisconsin. A major focus of the conversation is workforce development, particularly the growing importance of digital...
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What does it take for a small country to compete for high-value global investment in today’s economy? In this episode of Develop This!, speaks with of the to explore how Costa Rica is evolving into a strategic hub for advanced industries and foreign direct investment. From its geographic position connecting North and South America to its growing reputation in high-tech sectors, Costa Rica is positioning itself as more than a nearshoring destination—it’s becoming a knowledge-driven economy focused on long-term value creation. Pilar explains how the country has successfully diversified...
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What role do big, bold visions play in shaping stronger communities and more effective leaders? In this episode of Develop This!, is joined by to explore how optimism, storytelling, and ambitious goals can inspire innovation, community engagement, and long-term growth. Drawing inspiration from the Apollo 11 Moon Landing, the conversation examines how major rallying points can unite people around a shared purpose and create momentum for transformational change. Mark and Dennis discuss the importance of balancing realism with aspiration in leadership, emphasizing that communities need both...
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In celebration of Small Business Week, this episode of Develop This! takes a closer look at the businesses that are often small in size but powerful in impact: microbusinesses. Friend of the show, brings , co-founder of to speak with Joi Cuartero Austin for a conversation about why communities should pay closer attention to solopreneurs, makers, freelancers, consultants, pop-up vendors, home-based businesses, side hustlers, and gig workers. Together, they explore how these “smaller” businesses contribute to local economies, build community identity, create flexible income...
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What does it take to build economies that are truly inclusive—and built for long-term impact? In this episode of Develop This!, speaks with to explore his diverse career spanning the private sector, entrepreneurship, and community development—and how those experiences shape his approach to economic transformation today. Philip shares how lessons from the private sector can directly inform economic development strategy, especially when it comes to innovation, ecosystem building, and driving measurable community impact. The conversation also highlights the importance of addressing systemic...
info_outlineWhat separates good economic development organizations from great ones? According to Barry Broome, it comes down to leadership, data, and the courage to adapt.
In this episode of Develop This!, host Dennis Fraise sits down with Barry Broome, President and CEO of the Greater Sacramento Economic Council and recipient of the 2025 Chairwoman’s Award from the International Economic Development Council.
Barry shares hard-earned insights from decades in the field, offering a candid look at the evolving economic development landscape. From the acceleration of reshoring and the rise of secondary markets to the growing influence of AI and automation, this conversation dives deep into the forces shaping regional economies today.
A major theme? Communities must be prepared—or risk being left behind. Barry emphasizes that credible data, reliable power infrastructure, and workforce readiness are no longer optional—they are prerequisites for competing in today’s investment environment. As demand for data centers and AI-driven industries surges, the conversation highlights a critical reality: power availability may be the single biggest constraint on growth.
The discussion also explores a shift toward smaller, more strategic projects and why chasing megadeals without fundamentals in place can backfire. Barry offers practical, real-world advice for economic developers looking to position their communities for long-term success.
Whether you're working in a large metro or a second-tier market, this episode is packed with actionable insights to help you lead with clarity, compete effectively, and build a more resilient regional economy.
Key Topics
- Leadership traits of high-performing economic development organizations
- The impact of AI and automation on jobs and regional competitiveness
- Strategies for attracting, retaining, and growing investment
- The critical role of power infrastructure in data centers and AI projects
- Workforce challenges and opportunities in a shifting economy
- Lessons learned from a distinguished career in economic development
Sound Bites
- “Moving away from meritocracy to comfort levels.”
- “Not having good data is a red flag for communities.”
- “Power availability is critical for data centers.”