Metropolitan Business Planning                             A New Approach to Transforming a Region’s Future               ...
The U.S. Economic Recovery Has Been Slow and Uneven Since the Great Recession   Employment (1,000,000s)                   ...
The Fiscal Crisis Is Putting a Squeeze on Public Sector Solutions                                        Publicly Held Fed...
To Prosper, We Need a New Growth ModelMonday, November 19, 2012                   4
To Prosper, We Need a New Growth Model                               TRANSFORMATIVE                               INVESTME...
The Next Economy Will be Powered by Metro Areas                            100 Largest Metropolitan Areasʼ Share of U.S. P...
Metro Business Planning Is an Emerging Model to Transform the EconomyMonday, November 19, 2012                            ...
MBP: Applying the Discipline of Private Sector Planning to a Region                             Know Your Market Niche    ...
MBP: Applying the Discipline of Private Sector Planning to a Region                             Know Your Market Niche    ...
To Start, A Region Must Know Its Overall Economic Performance                                            • Output         ...
Concentrations of industries,                                                                      functions, and occupati...
A Dozen Metro Areas Are Acting on Business Plans for Growth                                                               ...
These Metro Areas Comprise a Large Share of Their State Economies          Chicagoʼs Share of State Economy               ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
NE Ohio: Applying the Discipline of Private Sector Planning to a Region                                Know Your Market   ...
These Metros Are Also Transforming the Civics to “Staff” an MBP                            Northeast Ohio                 ...
States Are Aligning to Regional Strategies                    Ohio                   Tennessee                  New York  ...
In Sum, MBPs Can Lead to Results in Economic Performance     Rooted in analytic rigor     Nested in market dynamics     Su...
Metropolitan Business Planning                             A New Approach to Transforming a Region’s Future               ...
Upcoming SlideShare
Loading in …5
×

Amy Liu | Metropolitan Business Planning | Global Cities Initiative

1,176 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,176
On SlideShare
0
From Embeds
0
Number of Embeds
133
Actions
Shares
0
Downloads
13
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Amy Liu | Metropolitan Business Planning | Global Cities Initiative

  1. 1. Metropolitan Business Planning A New Approach to Transforming a Region’s Future @BrookingsMetro @Amy_Liuw Metropolitan Policy Program Sao Paulo, Brazil / November 28, 2012 at BROOKINGSMonday, November 19, 2012 1
  2. 2. The U.S. Economic Recovery Has Been Slow and Uneven Since the Great Recession Employment (1,000,000s) Unemployment Rate Median Family Income ($1,000s) 10.0% 150 10.0 70 1.46M $67K 145 1.43M 7.5 65 7.9% $62K 140 5.0 60 135 2.5 55 130 0 50 2000 2012 2000 2012 2000 2010Source: U.S. Bureau of Labor Statistics; Lawrence Mishel and others, “The State of Working America, 12th Edition,” Washington: Economic Policy Institute, 2012.Monday, November 19, 2012 2
  3. 3. The Fiscal Crisis Is Putting a Squeeze on Public Sector Solutions Publicly Held Federal Debt as a Share of GDP 100 Alternative Scenario 89.7% 80 60 58.5% Fiscal Cliff 40 20 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022Source: Congressional Budget Office, “An Update to the Economic and Budget Outlook: Fiscal Years 2012 to 2022,” Washington, 2012; Committee for a Responsible Federal Budget.Monday, November 19, 2012 3
  4. 4. To Prosper, We Need a New Growth ModelMonday, November 19, 2012 4
  5. 5. To Prosper, We Need a New Growth Model TRANSFORMATIVE INVESTMENTMonday, November 19, 2012 4
  6. 6. The Next Economy Will be Powered by Metro Areas 100 Largest Metropolitan Areasʼ Share of U.S. Prosperity 75% 65% 67% 12% 2007 2007 2007 2007 Share of Share of Share of Share of Land Area Population Employment OutputSource: Brookings analysis of U.S. Census Bureau and Moodyʼs Analytics data.Monday, November 19, 2012 5
  7. 7. Metro Business Planning Is an Emerging Model to Transform the EconomyMonday, November 19, 2012 6
  8. 8. MBP: Applying the Discipline of Private Sector Planning to a Region Know Your Market Niche Identify a Regional Economic Vision and Mission Traditional Economic Development Identify Strategies and Goals Specify Products, Services and Policies Develop an Operational Plan Develop a Financial Plan Target and Monitor PerformanceMonday, November 19, 2012 7
  9. 9. MBP: Applying the Discipline of Private Sector Planning to a Region Know Your Market Niche Identify a Regional Economic Vision and Mission Identify Strategies and Goals Metropolitan Specify Products, Services and Policies Business Plans Develop an Operational Plan Develop a Financial Plan Target and Monitor PerformanceMonday, November 19, 2012 7
  10. 10. To Start, A Region Must Know Its Overall Economic Performance • Output • Employment • Population • Productivity • Wages • IncomeMonday, November 19, 2012 8
  11. 11. Concentrations of industries, functions, and occupations Linkages and movement Spatial Efficiency Clusters of goods, people, and information to support economic efficiency Enablers Prosperity Government efficiency and efficacy Governance Human Innovation Business environment Capital Tax value proposition Innovation performance Talent production, attraction, Entrepreneurial ecosystem retention, and matching to jobsMonday, November 19, 2012 9
  12. 12. A Dozen Metro Areas Are Acting on Business Plans for Growth Minneapolis-St. Paul Northeast Ohio Puget Sound Louisville/Lexington Chicago, IL Northeast Ohio Memphis Phoenix Syracuse Chicago Baltimore Buffalo Newark New YorkMonday, November 19, 2012 10
  13. 13. These Metro Areas Comprise a Large Share of Their State Economies Chicagoʼs Share of State Economy Northeast Ohioʼs Share of State Economy Chicago-Joliet-Naperville, IL-IN-WI MSA Cleveland-Elyria-Mentor, OH; Youngstown-Warren-Boardman, OH-PA MSA; Akron, OH MSA; Canton-Massillon, OH MSA 35.9% 71.4%Source: Brookings analysis of Moodyʼs Analytics data.Monday, November 19, 2012 11
  14. 14. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Strong manufacturing base Identify a Regional Economic Vision and Mission Top tier research Identify Strategies and Goals institutions Weak job growth and Specify Products, Services and Policies productivity Develop an Operational Plan Shrinking workforce with low BA attainment Develop a Financial Plan Fragmented, high-cost Target and Monitor Performance local governmentsMonday, November 19, 2012 12
  15. 15. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Identify a Regional Economic Vision and Mission Create a connected, Identify Strategies and Goals collaborative region that can compete for jobs, Specify Products, Services and Policies market share and investments in the next Develop an Operational Plan global economy Develop a Financial Plan Target and Monitor PerformanceMonday, November 19, 2012 12
  16. 16. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Help SMMs innovate in growth markets Identify a Regional Economic Vision and Mission Grow/ connect employers with skilled workers Identify Strategies and Goals Create entrepreneurial Specify Products, Services and Policies ecosystem Link regional planning and Develop an Operational Plan revenue sharing with economic growth Develop a Financial Plan Reward government Target and Monitor Performance efficiency/ collaborationMonday, November 19, 2012 12
  17. 17. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Partnership for Regional Innovation Identify a Regional Economic Vision and Mission Services (PRISM) Identify Strategies and Goals •Access to equipment, Specify Products, Services and Policies research, and training •Assistance identifying Develop an Operational Plan new market opportunities Develop a Financial Plan •Access to flexible risk capital for Target and Monitor Performance commercializationMonday, November 19, 2012 12
  18. 18. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Identify a Regional Economic Vision and Mission MAGNET as lead entity Identify Strategies and Goals Specify Products, Services and Policies Services provided by key partners (e.g. Nortech, Develop an Operational Plan community colleges, business schools) Develop a Financial Plan Target and Monitor PerformanceMonday, November 19, 2012 12
  19. 19. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market Identify a Regional Economic Vision and Mission $2.4 million start-up costs Identify Strategies and Goals Specify Products, Services and Policies $8.4 million budget over 5 years Develop an Operational Plan Shift to revenue-based Develop a Financial Plan model in year 3 Target and Monitor PerformanceMonday, November 19, 2012 12
  20. 20. NE Ohio: Applying the Discipline of Private Sector Planning to a Region Know Your Market 12 Identify a Regional Economic Vision and Mission SMMs served in the first year Identify Strategies and Goals Specify Products, Services and Policies $275 million projected new firm revenue growth by 2014 Develop an Operational Plan Develop a Financial Plan 425 projected new jobs at portfolio companies by 2014 Target and Monitor PerformanceMonday, November 19, 2012 12
  21. 21. These Metros Are Also Transforming the Civics to “Staff” an MBP Northeast Ohio ChicagoProject Fund for our Economic Future World Business ChicagoManager MagnetCore Working McKinsey & Company NorTechGroup Team NEO and others City of Chicago Loraine Community College Metropolitan Planning Council Greater Cleveland Partnership Executivesʼ Club George Fund Foundation Civic CommitteeBoard of Cleveland Foundation Chicago Community TrustDirectors Municipalities Chicago Federation of Labor Case Western McArthur Foundation Greater Akron Chamber Chicago Land Chamber of CommerceMonday, November 19, 2012 13
  22. 22. States Are Aligning to Regional Strategies Ohio Tennessee New York Regional Economic Regional Jobs Base Camps Regional Economic Councils Partners to JobsOhio and PlansMonday, November 19, 2012 14
  23. 23. In Sum, MBPs Can Lead to Results in Economic Performance Rooted in analytic rigor Nested in market dynamics Surfaces transformative opportunities Metropolitan Business Plans Identifies cross-cutting initiatives Leverages private/philanthropic investments Operationalized with clear accountabilityMonday, November 19, 2012 15
  24. 24. Metropolitan Business Planning A New Approach to Transforming a Region’s Future @BrookingsMetro @Amy_Liuw Metropolitan Policy Program Sao Paulo, Brazil / November 28, 2012 at BROOKINGSMonday, November 19, 2012 16

×