Blades Economic Development Case Study

Blades Economic Development Corporation (BEDCO) is a nonprofit organization that meets every Thursday in Blades, Delaware at the Nanticoke River Yacht Club and Marina. There are many people that are involved with this organization, but only the board of directors come to this weekly meeting. There are twelve board members and they each play an important and active role in the organization. At this meeting the president of BEDCO gave an informative speech about the recent happenings that they have dealt with. His name is Edward Cranston; he has been involved with BEDCO for fifteen years. After years of success in his business he became involved with the organization and worked his way to the top. By using the seven key elements of communication …show more content…
Cranston got done talking about the cookout he switched gears to covering BEDCO finances. There is a new building going up for boat maintenance and he explained the cost of each step of the building process. Thankfully, BEDCO is able to afford the new building due to many events held at the local yacht club. His goal in covering this information was to make sure the rest of the BEDCO members were okay with spending some of the available money on this new project. He also informed them how this new project would be beneficial to everyone that is a member of the yacht club. If anyone had a problem with any of this a discussion would be held to further explain the process and how it is beneficial. The BEDCO meeting was held at our local yacht club and marina and when I get around the water and boats I am automatically in a good mood. The environment of the presentation was inviting, Mr. Cranston had food and drinks displayed on a table and anyone was welcome to take what they wanted. This created a welcoming atmosphere, on behalf of the board of BEDCO and Mr. Cranston. All the members were polite and were eager to assist anyone that had any issues with current problems BEDCO has been working on. Because of this everyone in the room was nice to each other and in a good state of …show more content…
There was a vote on letting the other people use the yacht club and marina for personal use and the board voted no. After the vote he summarized the meeting and asked if anyone had any comments or concerns about the meeting and they were free to speak at this time. Everyone was in agreement with what was coved and the meeting was