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“Cities and regions change. It doesn't happen overnight, but diversifying your economy is the only real route.” quote by Jim Gray
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“Cities and regions change. It doesn't happen overnight, but diversifying your economy is the only real route.”

Jim Gray

About This Quote

Source Interview: Business Strategy, Jim Gray, 2015

Economic diversification takes time; gradual, varied development is the only sustainable path.

In simple terms: Diversify economies slowly.

Key Takeaway

Invest in multiple sectors.

Themes

economy diversification growth strategy development

Mood

optimistic strategic

Type

advisory inspirational

When to use this quote

  • city planning
  • regional development
  • investment decisions
  • government programs

Key Concepts

industrial policy regional planning innovation

Questions to Reflect On

  • What sectors can a city develop next?
  • How to overcome inertia in economic planning?
A Different Perspective

Diversification may face resistance from entrenched interests.

3.5 out of 5 (10 ratings)

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