21st Century Strategic Investment Framework

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Presentation to America 2050 on recommended Regional Centers of Excellence structure for 21st Century Strategic Investment in America

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21st Century Strategic Investment Framework

  1. 1. Mark Pisano A joint project of the Bedrosian Center on Governance and the Keston Institute for Public Finance & Infrastructure Policy School of Policy, Planning & Development, University of Southern California December 11, 2008 Presentation to the Advisory Board of America 2050
  2. 2. First National Visioning Process Societal Goals & Investment Path for the next 50 years
  3. 3. The TLB Strategy “Triple Bottom Line”
  4. 4. Transformative Change will be Required
  5. 5. It demands new ways of making public policy choices, financing, and implementing public goals at ALL levels of government
  6. 6. The Current Policymaking Process Needs to be Refocused and Redesigned Traditional Process: Input Driven Citizens & stakeholders convey their needs to political leaders May fail to meet expectations or benefit the long term public interest Tax dollars Implementation Outcome X, Y, Z, Public agencies make decisions by evaluating alternatives Specifications driven
  7. 7. The Redesign Must Start with Goal Identification, Clarification & Prioritization New Dynamic Process: “Backward Mapping” Process spurs creative new technologies and infrastructure that will unleash America’s competitive advantage Desired TBL Outcome Investment strategy that results in greatest ROI and maximizes the “collective self interest” of the country Performance Standards Performance based: Management Procurement Funding
  8. 8. Congress must translate societal goals into explicit performance standards in energy, transportation, water, environment and economic development policy domains
  9. 9. These, in turn, will be applied within each of the nation’s megaregions to direct and investment strategy that will meet the goals
  10. 10. We propose the creation of “Centers of Excellence” in each region to provide integrated analytical vetting and coordination CE CE CE CE CE CE CE CE CE CE CE
  11. 11. Centers would be university based
  12. 12. Centers of Excellence functions <ul><li>Coordinate the investment decisions in separate program areas, overseen by multiple agencies and at various levels of government, to achieve mutual goals </li></ul><ul><li>Provide assistance and serve as a forum for the exchange of information and ideas </li></ul><ul><li>Serve as a catalyst working with peer universities and the private sector for the new technologies and transformative infrastructure needed </li></ul><ul><li>Monitor and report on TBL implementation </li></ul>
  13. 13. Centers of Excellence would be overseen and administered by the National Research Planning Board reporting to the President.
  14. 14. Congress should establish a Strategic Investment Framework Committee that would perform the role of coordinating performance standards and policies need to achieve the TBL.
  15. 15. Performance standards should be simple and easily understood by all individuals outcomes Mobility Accessibility Safety Reliability Equity Environment Cost Effectiveness
  16. 16. We need to request that the President immediately reestablish the National Resources Planning Board to coordinate the Strategic Investment Framework for the nation.
  17. 17. Transportation Water Resources Energy Environment Economic Development We must bring five historically separate strands of public policy together and hold them accountable to the TBL
  18. 18. Surface transportation and Climate Control/Clean Air Act reauthorization as well as Economic Stimulus legislation should include provisions for performance based planning, an environmental review process, and a procurement process.
  19. 19. Mark Pisano A joint project of the Bedrosian Center on Governance and the Keston Institute for Public Finance & Infrastructure Policy School of Policy, Planning & Development, University of Southern California

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