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Development Counsellors International

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Development Counsellors International
File:Logo for Development Counsellors International.png
Private
ISIN🆔
IndustryPlace Branding, Economic Development
Founded 📆
Founder 👔
Headquarters 🏙️215 Park Avenue South,
New York, NY 10003
United States
Area served 🗺️
Worldwide
Key people
Andy Levine (President / Chief Creative Officer)
Members
Number of employees
🌐 Websiteaboutdci.com
📇 Address
📞 telephone

Development Counsellors International, also known as DCI, is a place marketing firm based in New York City that specializes in economic development and travel marketing, as well as investment lead generation services. Founded in 1960 by Ted Levine, the company now employs more than 60 people and has regional offices in Denver, Toronto and Los Angeles.

History[edit]

According to the company founder, DCI began with just one client and two employees. The company's first office consisted of two small rooms in a medical supply warehouse on 14th Street and 5th Avenue in Manhattan. As the U.S. director of public relations for Puerto Rico's Operation Bootstrap program, Ted Levine created a model economic development program for other countries wanting to boost tourism or encourage business development.

Andy Levine, son of Ted Levine, joined DCI in 1991 and has grown to become the firm’s chairman today. The agency’s day to day management is headed by an all-female team and hiring efforts focus on attracting diverse marketing professionals from around the world.

The company's use of an open-book management philosophy has led to unique monthly staff meetings, where employees, including administrative staffers, present the company's financial report for the previous month.[1] To give every employee a financial stake in the outcome, when a certain profit is accrued, a "win" is declared and 30 percent of the profit is distributed across the company, based upon a formula derived from each staff member's base salary during the "win" period.[2]

DCI acquired Mondotels in 2010, creating DCI's meetings and incentive (MICE) division.[3] Founded in 1982, Mondotels specialized in developing meeting and incentive business for destination marketing organizations and convention bureaus. Today, DCI continues to help destinations position themselves favorably to attract meeting and conference planners.

In October 2012, DCI released the first 40 Under 40 Awards, a biennial competition to find rising stars under 40 years old who have achieved success in the Economic Development industry. Chosen from submitted nominations by a team of industry thought leaders, past winners have proven success records of influencing the economic development of their regions.

Evolving with the times, DCI added a full service digital team to its agency in 2018.[4]

External links[edit]

References[edit]

  1. "Everyone's a CFO | Inc.com". September 2005.
  2. "10 Leaders Who Aren't Afraid To Be Transparent". Forbes.
  3. "One + July 2011".
  4. "Digital". Development Counsellors International (DCI). Retrieved 2023-02-05.


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