Strategic Plan

Strategic Plan

PIDC believes that growing a global economy through intentional economic development is critical to achieving a high quality of life for all who live and work in Philadelphia. Generating more resources, investments, and quality jobs will help address many of the long-term social, environmental, and economic challenges that residents of Philadelphia face. We will drive transformative growth for Philadelphians with a human-centered approach by directing our financial and real estate services, knowledge, and networks toward creating a more vibrant Philadelphia.

PIDC’S THEORY OF CHANGE

With a strong foundation and 65+ year track record, PIDC identified the need to build upon the organization’s recent strategic planning and execution efforts and develop a Theory of Change. 

A theory of change is a critical foundation that informs strategic growth, determines resource allocation, and helps internal teams, partners, and key stakeholders understand the path forward. Our Theory of Change guides PIDC’s mission of driving growth to every corner of Philadelphia with specific strategies and actions.

PIDC’S STRATEGIC FRAMEWORK

The Theory of Change builds the basis for PIDC’s new strategic framework. The PIDC Strategic Framework is intended to serve as a roadmap for PIDC to achieve its mission and strive toward a stronger Philadelphia where all residents benefit from economic development and a growing global economy. The Framework provides PIDC with an organization-wide strategy throughout all departments and activities. It is specific to PIDC’s unique capabilities and opportunities to deliver on its mission over the next three years, 2023 – 2026. The Framework also serves as a guide for PIDC’s annual business planning, which is the tactical element of how teams and individuals will work to achieve these broader objectives each year.

View PIDC's Strategic Framework