Standing Committees enable the board to manage strategic and policy issues in a comprehensive and timely manner, proactively engage in shaping the organization’s decisions, and efficiently monitor IEDC’s performance against established benchmarks and the strategic plan. Board standing committees consist of only current Board members, and the Chair assigns Board members to the standing committees each year. Standing Committees do not have the authority to act on behalf of the Board or IEDC.

Stakeholder Engagement Standing Committee (Priority Area 1 – Impact on the Individual and Organization). Oversees the customer value for membership including professional development and networking along with accreditations and certifications for individuals and organizations.

• Membership Engagement Advisory Committee
• Professional Development Advisory Committee
• BECD
• CEcD
• EDP
• AEDO Advisory Committee
• AEDO Accreditation Review Board

 The SESC shall:

• Oversee the development and implementation of membership recruitment and retention policies intended to ensure the organization continues to serve the economic development profession.
• Monitor member/stakeholder engagement, identifying opportunities for improvement, and ensuring that such opportunities are taken into consideration in IEDC’s planning process
• Offer guidance in the implementation of member/customer satisfaction surveys, reviewing such surveys, and reporting survey results to the Board as appropriate.
• Engage in and receive reports on professional development and networking opportunities, tools and resources for practitioners.
• Review and approve policy changes for accreditations for both individuals and organizations.
• Receive reports from the Strategic Plan dashboard related to Priority Area 1.

Future of Economic Development Standing Committee (Priority Area 2 – Impact on the Profession). Oversees the programming and engagement for the profession across multiple sector including public, private and philanthropic.

• Emerging Trends Advisory Committee
• Redefining Equitable Economic Development Advisory Committee
• Research updates including Economic Development Research Partners

The FEDSC shall:

• Offer guidance and receive updates on publications, articles and actionable research related to the field of economic development.
• Review, recommend and monitor the engagement across sectors promoting professional development as a profession.
• Review recommendations on emerging technologies and vet opportunities for action in the technological space.
• Advise on the promotion of the profession with the desire to increase awareness of economic development as a profession.
• Receive reports from the Strategic Plan dashboard related to Priority Area 2.

Global Community and Awareness Standing Committee (Priority Area 3 – Impact on the Global Community). Responsible for clarifying IEDC’s desired public image in the eyes of key stakeholders, overseeing the formulation of strategies to promote the image, and maintaining effective communication. It also recommends policy positions in the governmental relations/legislative arena.

• Public Policy Advisory Committee
• International Advisory Committee
• Grant updates and reports

The GCASC shall:

• Provide guidance on the development and implementation of public policy priorities and
• Ensure that IEDC’s public image is refined and updated as norms and values
• Review and monitor grant-funded programs.
• Review, recommend and provides guidance on international membership and engagement.
• Receive reports from the Strategic Plan dashboard related to Priority Area 3.

Organizational Excellence Standing Committee (Guiding Principles) – internal financial controls, business development. Responsible for guiding the Board's participation in all facets of organizational planning, including annual budget preparation, and for overseeing the development of IEDC’s financial resources.

• Budget
• Financial reports
• Strategic plan

The OESC shall:

• Work closely with the President & CEO in designing and overseeing strategic planning processes that will enable IEDC to deal effectively with topics and issues facing the organization and profession.
• Coordinate the Board’s participation in IEDC’s operational planning/budget preparation process and for ensuring that IEDC possesses the financial resources required to carry out its strategic and operational plans in a full and timely
• Oversee and monitor the fiscal health of the organization in an ongoing fashion as well as revenue diversification efforts.
• Review performance reports in committee meetings and reporting program and financial performance to the full Board.
• Receive reports from the Strategic Plan dashboard related to Operational Excellence.