Economic development board governance and organizational development sets the groundwork for a successful tribal economy
Blue Stone works side by side with your tribal leadership to determine the right economic development and board governance structure for your unique Nation. We listen carefully to your needs and base our recommendations on your particular vision for growth and economic development.
The gaming industry has been a key economic pillar in many tribal economies, and will continue to be so for the foreseeable future. We understand, however, that gaming’s huge growth spurt is slowing. Most tribes need to start looking beyond gaming and begin moving to the next stage of tribal economic development, developing supportive structures for building other businesses Through our decade of working exclusively with tribal leadership, we have seen the value of taking the time to be thoughtful and build the understanding of how best to oversee new business ventures. We have assisted many tribes build their economic development oversight infrastructure.
Blue Stone’s services in this critical area will provide your Economic Development Board with best practices and help them find additional opportunities for economic development and stability.
For example, tribes could take their resort management and hospitality skills into elective healthcare services, make investments off the reservation into businesses similar to current tribal enterprises, even take current knowledge and project financing to start a bank or credit union. The possibilities are truly endless–and exciting!
Blue Stone’s Board Governance and Organizational Development Services Include:
- Board Organizational Structure
- Strengthening Tribal Economy Infrastructure
- Qualified Board Member Solicitation and Recruiting
- Board Roles, Responsibilities, Qualifications and Performance Expectations
- Communication Processes
- Build Accountability Metrics for the Board
- Empowered and Informed Decision Making Through Consistent Communication and Reporting
- Ethics Standards to Ensure Consistency and Accountability