Moret Announces Blue Ocean Study Results

In a speech to the Baton Rouge Rotary club, Louisiana Secretary of Economic Development Stephen Moret described the results of his Department's Blue Ocean Industry study. The Baton Rouge Business Report quotes Moret as saying that a major issue for economic development is the state's reliance on industries where growth is not projected. The Blue Ocean research, performed by McKinsey and Company, identified six high growth industries where Louisiana has a chance to compete: digital media/software development, next-generation automobiles, specialty health care, renewable energy/energy efficiency, water management, and next-wave oil and gas. The full story is here, and a copy of Moret's presentation is here.