Purdue Ed Morrison Strategic Doing

An Introduction to Strategic Doing for North Idaho Thriving on the New Frontier March 3, 2009 Ed Morrison Purdue Center for Regional Development I-Open

Tuesday, March 3, 2009

Here’s a simple map of where we are Here's a simple map of our process

Boise

Sandpoint

30-90 days

Tuesday, March 3, 2009

An Introduction to Strategic Doing

‣ The transitions we face ‣ Preparing for the journey ‣ A call for leaders and guides ‣ Our next steps today and tomorrow

Tuesday, March 3, 2009

Economic Development in an Nutshell 1

2

3

Good Money: Increase the volume of income into the region with competitive traded businesses Neutral Money: Increase the velocity of money circulating in the region with local businesses to create more jobs Bad Money: Reduce income leaks by reducing outside purchases, workers who move out, and students who drop out

2

Rest of the World

1

Sales

Traded Businesses

Another region

Purchases and paychecks Brain Drain and Purchases Local Businesses Your eco n

omy

Source: Ed Morrison, David Morganthaler

Tuesday, March 3, 2009

3

Drop Outs

Dependency

Economic Development in an Nutshell 1

2

3

Good Money: Increase the volume of income into the region with competitive traded businesses Neutral Money: Increase the velocity of money circulating in the region with local businesses to create more jobs Bad Money: Reduce income leaks by reducing outside purchases, workers who move out, and students who drop out

2

Rest of the World

1

Sales

Traded Businesses

Another region

Purchases and paychecks Brain Drain and Purchases Local Businesses Your eco n

omy

Source: Ed Morrison, David Morganthaler

Tuesday, March 3, 2009

3

Drop Outs

Dependency

Economic Development in an Nutshell 1

2

3

Good Money: Increase the volume of income into the region with competitive traded businesses Neutral Money: Increase the velocity of money circulating in the region with local businesses to create more jobs Bad Money: Reduce income leaks by reducing outside purchases, workers who move out, and students who drop out

2

Rest of the World

1

Sales

Traded Businesses

Another region

Purchases and paychecks Brain Drain and Purchases Local Businesses Your eco n

omy

Source: Ed Morrison, David Morganthaler

Tuesday, March 3, 2009

3

Drop Outs

Dependency

Economic Development in an Nutshell 1

2

3

Good Money: Increase the volume of income into the region with competitive traded businesses Neutral Money: Increase the velocity of money circulating in the region with local businesses to create more jobs Bad Money: Reduce income leaks by reducing outside purchases, workers who move out, and students who drop out

2

Rest of the World

1

Sales

Traded Businesses

Another region

Purchases and paychecks Brain Drain and Purchases Local Businesses Your eco n

omy

Source: Ed Morrison, David Morganthaler

Tuesday, March 3, 2009

3

Drop Outs

Dependency

Our story begins with innovation in our Grandfather’s Economy

Coal Dumper, shores of Lake Erie, 1897 Tuesday, March 3, 2009

The S-Curve caught up to our Grandfather’s Economy •Global markets integrated •Costs collapsed •The Internet exploded

Tuesday, March 3, 2009

Our Grandchildren’s Economy: A New S-Curve is Emerging

Tuesday, March 3, 2009

Our Grandchildren’s Economy is emerging with wealth created by networks... Granchildren's economy: Wealth driven by network business models We are here Prosperity

Grandfather's economy: Wealth driven by vertical business models Time

Tuesday, March 3, 2009

Our Challenge: Find pathways to our Grandchildren’s economy... Linking and leveraging our assets

Source: Ed Morrison

Tuesday, March 3, 2009

Here is the new map our Grandchildren’s Economy

Tuesday, March 3, 2009

Here is the new map our Grandchildren’s Economy

Tuesday, March 3, 2009

Here is the new map our Grandchildren’s Economy

Tuesday, March 3, 2009

Here is the new map our Grandchildren’s Economy

Tuesday, March 3, 2009

Here is the new map our Grandchildren’s Economy

Tuesday, March 3, 2009

An Introduction to Strategic Doing

‣ The transitions we face ‣ Preparing for the journey ‣ A call for leaders and guides ‣ Our next steps today and tomorrow

Tuesday, March 3, 2009

We’ll need some new attitudes

Our Grandfather’s Economy Tuesday, March 3, 2009

Our Grandchildren’s Economy

We’ll need to draw some new maps

Tuesday, March 3, 2009

We’ll need to draw some new maps Certificates PreK

K through 12

2 years

Careers

4 years $10.00 per hour

Entry level Dependency Cycle

Tuesday, March 3, 2009

Working poor

We’ll need some new language an partnerships to escape old categories

Tuesday, March 3, 2009

We’ll need some new language an partnerships to escape old categories

Tuesday, March 3, 2009

And we’ll need the “courage” to cross some invisible fences

Tuesday, March 3, 2009

We will need a new understanding of the power of conversation

Guided Conversations

Tuesday, March 3, 2009

We will need the discipline to focus on transforming complex systems

Tuesday, March 3, 2009

We will need the discipline to focus on transforming complex systems Certificates PreK

K through 12

2 years

Careers

4 years $10.00 per hour

Entry level Dependency Cycle

Tuesday, March 3, 2009

Working poor

We will need new habits of Strategic Doing

Strategic Planning

Tuesday, March 3, 2009

Strategic Doing

An Introduction to Strategic Doing

‣ The transitions we face ‣ Preparing for the journey ‣ A call for leaders and guides ‣ Our next steps today and tomorrow

Tuesday, March 3, 2009

If your actions inspire others to dream more, learn more, do more and become more, you are a leader. John Quincy Adams

Tuesday, March 3, 2009

An Introduction to Strategic Doing

‣ The transitions we face ‣ Preparing for the journey ‣ A call for leaders and guides ‣ Our next steps today and tomorrow

Tuesday, March 3, 2009

We will learn about Strategic Doing

Tuesday, March 3, 2009