The document discusses how regions are transitioning from a "Grandfather's Economy" based on hierarchies and vertical integration to a "Grandchildren's Economy" based on networks, horizontal connections, and relationships. It introduces the concept of "Strategic Doing," which provides a discipline for building prosperity in rural communities through this economic transformation. Strategic Doing involves planning and taking action together through a series of disciplined conversations within a loosely connected network. This allows regions to guide their economic evolution toward open innovation.

1. Guiding Indiana toward Open Innovation: Implementing Strategy in Networks Ed Morrison Purdue Center for Regional Development February, 2010

2. This talk reflects what I have been learning about regions across the country over the past 18 months or so...

3. We are moving from our Grandfather’s to our Grandchildren’s Economy Our economic transformation requires new approaches to strategy Strategic Doing provides the discipline to to build prosperity in rural communities Here’s Strategic Doing in a Nutshell

4. We are in the midst of a deep transformation in the way wealth is created...

5. The iPhone production network Our Grandchildren’s economy is emerging... Who makes the iPhone? A network led by Apple

6. Grandfather’s Economy Grandchildren’s Economy Hierarchies Networks Command and control Link and leverage Vertically integrate Horizontally connect Transactions Relationships Mass Production Sustainable Manufacturing Strategic Planning Strategic Doing

7. Our challenge is to find the pathways to our Grandchildren’s economy... Connecting our many assets with “link and leverage” strategies

8. We are moving from our Grandfather’s to our Grandchildren’s Economy Our economic transformation requires new approaches to strategy Strategic Doing provides the discipline to to build prosperity in rural communities Here’s Strategic Doing in a Nutshell

9. Strategic Planning evolved to handle large hierarchical organizations A small group at the top did the thinking A larger group at the bottom did the doing

10. Strategic planning doesn’t work because networks have no tops or bottoms

11. Our strategy challenge is like paddling a kayak in the ocean The task requires quick strategic assessments and continuous “doing”

12. We are moving from our Grandfather’s to our Grandchildren’s Economy Our economic transformation requires new approaches to strategy Strategic Doing provides the discipline to to build prosperity in rural communities Here’s Strategic Doing in a Nutshell

13. Str Most Strategic Doing Plan and action together Strategic Planning Plan but no action No Strategy Action but no plan

14. Strategic Doing guides a loosely connected network with a series of disciplined conversations

15. As we guide these conversations and make decisions, we generate all the components of a Strategic Action Plan...It is simple, but not easy. Strategic Action Plan v. 0.1 beta

16. Boise, ID Idaho used Strategic Doing in their Governor’s Workforce Development Summit

17. How regions evolve toward open innovation

18. Thank You! Let’s answer some questions [email_address]