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Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting
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Capturing Hidden Value in Local Assets-Omar Blaik and Nancy Schlichting

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  • 1. Anchor Institutions! Capturing Hidden Value in Local Assets
  • 2. Midtown Detroit
  • 3. 3 Anchors 2 Years $30MM in commitments Midtown Detroit
  • 4. The Traditional" Anchor Strategy
  • 5. The Traditional" Anchor Strategy The Penn Model
  • 6. Source: Leveraging Colleges and Universities for Urban Economic Revitalization: An Action Agenda A Joint Study by ICIC and CEOs for Cities 2002 The Traditional" Anchor Strategy
  • 7. The Penn Model
  • 8. LEADERSHIP
  • 9. DEMAND
  • 10. CAPITAL
  • 11. The traditional anchor strategy is no longer replicable
  • 12. A Scalable" Anchor Strategy
  • 13. A Scalable" Anchor Strategy Midtown Detroit
  • 14. What makes an anchor strategy scalable? "
  • 15. What makes an anchor strategy scalable? " Leveraged Place Based Demand Driven Implementation Focused
  • 16. What makes an anchor strategy scalable? " Leveraged Place Based Demand Driven Implementation Focused
  • 17. Leveraged: Traditional Model! Anchor Institutions
  • 18. Leveraged: Traditional Model! Anchor Institutions Philanthropy
  • 19. Leveraged: Traditional Model! Anchor Institutions Community Groups Philanthropy
  • 20. Leveraged: Traditional Model! Civic Leadership Anchor Institutions Community Groups Philanthropy
  • 21. Leveraged: Midtown Detroit! Civic Leadership Midtown Anchor Institutions Community Groups Philanthropy
  • 22. Midtown Anchor Institutions Leveraged: Midtown Detroit! Civic Leadership Philanthropy Community Groups
  • 23. Leveraged: Midtown Detroit! Civic Leadership Philanthropy Midtown Anchor Institutions Community Groups
  • 24. Leveraged: Midtown Detroit! Civic Leadership Philanthropy Midtown Anchor Institutions Community Groups
  • 25. Leveraged: Midtown Detroit! Civic Leadership Philanthropy Midtown Anchor Institutions Community Groups
  • 26. Leveraged: Midtown Detroit! Civic Leadership Philanthropy Midtown Anchor Institutions Community Groups
  • 27. Leveraged: Midtown Detroit! Civic Leadership Philanthropy Midtown Anchor Institutions Community Groups
  • 28. What makes an anchor strategy scalable? " Leveraged Place Based Demand Driven Implementation Focused
  • 29. Place Based!
  • 30. Place Based!
  • 31. Place Based: Midtown Detroit!
  • 32. Place Based: Midtown Detroit!
  • 33. Place Based: Midtown Detroit!
  • 34. Place Based: Midtown Detroit!
  • 35. What makes an anchor strategy scalable? " Leveraged Place Based Demand Driven Implementation Focused
  • 36. Demand Driven! 60,000 unique records
  • 37. Demand Driven! 60,000 unique records age, salary, job classification, student status, school, year…
  • 38. Demand Driven! Ideal Cohort: employees between 25-34 years old and who earn between $25,000 and $75,000 annually
  • 39. Demand Driven! Creating demand for: 10,000 new residents 30% Detroit procurement 30% Detroit workforce
  • 40. What makes an anchor strategy scalable? " Leveraged Place Based Demand Driven Implementation Focused
  • 41. Implementation is boring
  • 42. Implementation is hard work
  • 43. Implementation is biology not chemistry
  • 44. Implementation Focused! Institutional Leadership Middle Management Staff
  • 45. Implementation Focused! Institutional Leadership Middle Management Staff Implementation Vision Process
  • 46. Implementation Focused! Implementation Vision Process
  • 47. Implementation Focused: Midtown! Vision Process Implementation
  • 48. Implementation Focused: Midtown! Anchor CEO’s Philanthropies City Agencies Institutional counterparts Community Organizations Businesses Implementation Vision Process
  • 49. Implementation Focused: Midtown Detroit! Buy Detroit
  • 50. Implementation Focused: Midtown Detroit! Hire Detroit
  • 51. Implementation Focused: Midtown Detroit! Live Midtown
  • 52. How do we move the model forward?
  • 53. How do we move the model forward? By not waiting
  • 54. How do we move the model forward? By not waiting BUY LOCAL LIVE LOCAL HIRE LOCAL

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