
Get the free Local Industrial Strategy (LIS) Briefing FAQs 1. Significance ... - OxLEP
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SECTION 1ANY EMPLOYMENT, OFFICE, TRADE,
PROFESSION OR VOCATION
CARRIED ON FOR PROFIT OR GAINMYSELFSPOUSE/PARTNER×1.1Name of:Oxfordshire LEP Ltd Ellis Island Ltd your employer(s)
o any business carried
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How to fill out local industrial strategy lis

How to fill out local industrial strategy lis
01
To fill out the local industrial strategy (LIS), follow these steps:
02
Start by conducting a thorough analysis of your local economy, identifying key sectors and strengths.
03
Engage with local businesses, stakeholders, and community members to assess their needs and priorities.
04
Develop clear objectives and goals for the LIS, focusing on economic growth, innovation, and job creation.
05
Formulate strategies and actions that align with the identified strengths and address the identified needs.
06
Collaborate with relevant government agencies, industry experts, and academic institutions to gather additional insights and expertise.
07
Create a timeline and implementation plan, outlining specific actions and responsible parties.
08
Regularly monitor and evaluate the progress of the LIS, making necessary adjustments as needed.
09
Continuously engage with the local community and businesses to ensure the LIS remains relevant and effective.
10
Regularly communicate the achievements and impacts of the LIS to build trust and support.
11
Seek feedback and input from various stakeholders to improve the LIS over time.
Who needs local industrial strategy lis?
01
Local industrial strategy (LIS) is needed by local governments, policymakers, and economic development agencies.
02
Businesses and industries operating within the local economy also benefit from a well-defined LIS.
03
Community stakeholders, including residents and advocacy groups, can also benefit from a LIS that promotes inclusive economic growth and job opportunities.
04
Academic institutions and researchers may find value in understanding how the LIS shapes economic development and innovation within a specific locality.
05
Ultimately, a well-executed LIS benefits the entire community by stimulating economic growth, creating jobs, and improving the quality of life for residents.
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What is local industrial strategy LIS?
Local Industrial Strategy (LIS) is a plan developed by local areas in the UK to set out their vision for future economic growth.
Who is required to file local industrial strategy LIS?
Local areas in the UK are required to file Local Industrial Strategy (LIS).
How to fill out local industrial strategy LIS?
Local areas can fill out Local Industrial Strategy (LIS) by consulting with businesses, stakeholders, and the community to develop a plan for economic growth.
What is the purpose of local industrial strategy LIS?
The purpose of Local Industrial Strategy (LIS) is to drive local economic growth by identifying strengths, challenges, and opportunities in the area.
What information must be reported on local industrial strategy LIS?
Local Industrial Strategy (LIS) must include information on local strengths, challenges, opportunities, and proposed actions for economic growth.
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