Innovation in Place Management

by Jörgen Eriksson on March 4, 2012

placeAlong with Place Branding and Place Development, successful Place Management is fundamental to the process to achieve Place Excellence.

During the last few decades Place Management has developed from a few simple quantifiable elements into the complex art of attraction develop­ment. This means that, besides tangible and hard factors that are easy to measure, a number of subtle, soft factors, or intangibles, have gained importance.

The consequences for the place managers are that they need to gain competencies in business intelligence, an understanding of new trends and of new disruptive technologies and their implications. Additionally, place managers also will need a number of personal competencies, such as negotiation skills and good leadership skills in order to create collaborative environ­ments. Such skills are hard to acquire only by practice.

Management for growth

To help to manage the complexity, Bearing has developed a methodology framework for place managers. The methodology framework is set up to help place managers  to achieve place excellence, by working through and documenting strategy, attraction factors, place brand, place management style, etcetera, resulting in a concrete milestone based place development plan.

The basic tools for the methodology are a book we published in 2011, additional in-depth documents and whitepapers and a set of large, A3-size, work sheets. The work sheets are used in projects together with our customers or provided as examples during training courses.

Work sheet - general - blured

Fact sheet

If you want to know more, please download a fact sheet about place excellence by clicking on the link below, or contact us on


You can also download a fact sheet about our 24 hour training course on Place Management.

Additional information

_ny_omslag_hela_MB.inddFor further information, we recommend the book

Place management : new roles for place managers in rebuilding European wealth, published by Bearing Consulting in October 2011, which describes the concepts presented above in detail, with examples from numerous European municipalities.

The book can be bought from AmazonBokus, CDON, Ginza and on Ad Libris or directly from us at Bearing from

About Jörgen Eriksson :

Jörgen Eriksson is the founder of Bearing and is the Chairman of the firm since it was created. He has successfully expanded Bearing into covering projects on four continents. He is also Adjunct Professor of Innovation Management at the International University of Monaco and at Universitat Politècnica de Catalunya in Barcelona and he is an active member of the Founders Alliance organisation.

Working with consulting engagements across Bearings practices, he has over the past fifteen years participated in and supervised a large number of client projects, from innovation system development and place development and branding, to merger and acquisition assignments and leading edge research and business development activities for key clients.

His new book, Branding for Hooligans, will be published in 2015. It is about how innovation and branding are key survival factors in our modern times of hyper competitive markets.

Prior to Bearing, he was Director of Europe, Middle East, and Africa for Trema Treasury Management, a technology and consulting services provider, supplying financial software solutions for the global financial industry, Clients included The European Central Bank, Citibank, SEB, South African reserve Bank, Deutsche Bank, Abu Dhabi Investment Authority (ADIA), as well as many other large financial institutions and Fortune 500 companies.

Early in his career Eriksson was educated at the Stockholm School of Economics, where he studied economics, financial economics and philosophy. He then worked in Scandinavian investment banks and also for the Swedish Institute of National Defense Research.

You can contact Jörgen on e-mail, connect on LinkedIn onörgen-eriksson/0/38/8a0/ and follow him on twitter on joreri508.

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