Presentation to the Lafayette ChamberPresentation Transcript
What’s Next for the Hoosier Heartland?
Purdue Center for Regional Development
Question: What would it look like if the Hoosier Heartland were a national leader in regional transformation? What would we have to do?
Let’s start at the beginning...Any region creates wealth by managing three flows of money
Our grandfathers created wealth by building large, globally competitive, hierarchical organizations capable of moving a lot of stuff... Hulett ore unloaders, Cleveland Automobile assembly line, Detroit Early Westinghouse assembly line, Pittsburgh
They created an enormous amount of wealth this way... Andrew Carnegie’s Gospel of Wealth underscored the importance of giving back to the community. He created Carnegie libraries all over the country.
Starting in the 1960’s, U.S. companies exercised global dominance...but the situation was also starting to change, slowly -- and imperceptibly at first The French raised alarms about the U.S. in the late 1960’s and started the move toward a united Europe
By the late 1960’s we could see changes taking place in large industries like steel... Integrated steel works, Gary Youngstown Sheet and Tube, Youngstown
In the 1970‘s and1980’s, large companies began building global manufacturing networks and integrated supply chains
In the 1990’s, the Internet exploded Millions of Users
Now we have pure networked businesses...
So, here’s what’s happening...Our Grandfather’s economy hit the top of its S-Curve in the 1970s
Beginning in the 1980’s a new S-Curve began to form, based on networked business models
We are now in the midst of this fundamental shift and it’s continuing to gain momentum...
Transforming economies involves connecting assets for our Grandfather’s economy to opportunities in our Grandchildren’s economy... To manage this transition, we developed “Strategic Doing”
Why Strategic Doing? Because the disciplines of strategic planning do not work well in open networks...They do not lead to the formation and guidance of collaboration A small group at the top did the thinking A larger group at the bottom did the doing
We started with a basic proposition: Innovation in a network economy emerges from strategic collaborations that are focused, pragmatic, and flexible. Source: Modification of drawing presented by the Council on Competitiveness
Strategic Doing is simple, repeatable discipline to produce “link and leverage” strategies Strategic Doing produces alignments, links and leverage
Disruptive innovation Swarm innovation Strategic Doing produces a swarm of innovations
Nation’s first public CAD Lab Nation’s First Green Manufacturing Certification Nationally Recognized Model of Rural High School Reform
Nation’s First Guitar Summer Camp to Introduce Manufacturing Careers A Nationally Recognized Model for Providing Wellness Services to Small Manufacturers
Nation’s Highest Concentration of Project Lead the Way High Schools
A Highly Successful “Skunk Works” to Launch New Businesses from Laid-Off Delphi Electronics Engineers Department of Labor National Training for Strategic Doing
“ [The Hoosier Heartland] currently is home to a laboratory of initiatives that align economic development goals with workforce and entrepreneurship initiatives as part of a regional strategy.” International Economic Development Council
Brevard County, FL is using Strategic Doing to manage the NASA Shuttle Shutdown