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Leading researchers, economists, and academicians
agree there is one specific economic development strategy “that will, by
itself, do more than any other strategy to optimize future economic growth
in the United States.” The magic tool? High-quality early childhood
education.
People in the business of early childhood
education have known this for years, but several recent studies have
confirmed it to be true yet again. Rick Noble, executive director of
Richland County’s First Steps program in Columbia, South Carolina, tells
us that good early childhood education has a huge payoff in the
future—anywhere from $4 to $7 for every dollar spent.
One hopes, therefore, that when government
officials brainstorm about their next economic development tools, funding
for more—and better—early childhood education will be high up on their
list.
Then, Dr. Lynne Noble, an associate professor of
early childhood education at Columbia College in Columbia, South Carolina,
writes about the importance of providing the right training for those
caregivers and teachers who provide our children with that all-important
early childhood education. “This doesn’t necessarily mean a college
education,” she says, “but it does mean more than a high school education
followed by monthly, on-the-job, two-hour workshops . . . This means low
teacher-child ratios, and adequate, safe, well-equipped facilities. This
means decent wages.”
Next, did you know that the forest products
industry has been a keystone of South Carolina’s manufacturing economy for
many years? Maureen Taylor, coordinator of education and communications
for the S.C. Export Consortium, tells us how the state is now working to
create a more competitive environment that enables timber companies and
forest owners to compete domestically as well as in the global market.
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Then, if you aren’t already familiar with DISCUS, an acronym
derived from Digital Information for South Carolina USers, Paul Lewis
brings you up to speed on the topic. Lewis, a reference librarian at the
University of South Carolina-Aiken, writes that businesses of all types
and sizes in South Carolina can now access, at no charge, these “enormous
electronic collections of exceptionally well-organized, reliable, and
continuously updated business, government, academic, and other types of
information” via the World Wide Web. DISCUS levels the playing field for
smaller businesses in the state “by putting high-quality information
sources formerly available only to large corporations within easy reach.”
Read on for more details.
Finally, what’s in a name? How about if the name is that of
domestic diva Martha Stewart, who is now serving a jail term for lying to
investigators about a stock transaction? Amy O.J. Lum, a marketing
consultant in San Francisco, and Doman Lum, professor emeritus of social
work at California State University in Sacramento, look at the issues
surrounding personal branding of a product “and the impact on a firm and
its shareholders when the individual associated with the brand faces a
crisis.” Our regular columns discuss how business people can recognize
their “invisible competition,” and we also hear about so-called utility
computing. Finally, don’t forget our Environmental Update, Trends, and
Quarterly Outlook columns as we welcome the lovely days of spring. o
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