economic development in the social era

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New Kind Tom Rabon, Chairman and Partner Nation Hahn, Director of Engagement February 19, 2013 Economic development in the social era

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Nation Hahn (http://newkind.com/?page_id=1782#hahn) and Tom Rabon (http://newkind.com/?page_id=1782#rabon) delivered this economic development presentation to the NC Economic Developers Association. The North Carolina Economic Developers Association (NCEDA) is the statewide association for professional economic developers and their allies in North Carolina. For more than 40 years, NCEDA and its members have led efforts to promote North Carolina as an ideal destination for business investment. NCEDA members help recruit investment to the state as well as support the growth of existing businesses and entrepreneurial ventures. Economic developers using community building and social engagement in the social era can — and will — thrive.

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Page 1: Economic Development in the Social Era

New Kind Tom Rabon, Chairman and PartnerNation Hahn, Director of Engagement

February 19, 2013

Economic development in the social era

Page 2: Economic Development in the Social Era

Headquartered: Raleigh, North Carolina

Founded: February, 2009

We believe

> Open source principles work for more than software

> Communities working together can achieve bold purpose

> Social media is a tool to connect partners, build brand and tell stories which lead to action

Economic development experience

> RTP> RTRP> NCSU Centennial Campus

Key New Kind Facts

Page 4: Economic Development in the Social Era

YOU ARE

promoting your part of North Carolina as a top destination for business and investment

SOURCE http://cmcadigan.blogspot.com/2010/06/socratic-problem-intrigued-arent-you.html

Page 5: Economic Development in the Social Era

YOU ARE

promoting your part of North Carolina as a top destination for business and investment

TODAY WE’LL DISCUSS HOW TO

manage and leverage forms of media

SOURCE http://cmcadigan.blogspot.com/2010/06/socratic-problem-intrigued-arent-you.html

Page 6: Economic Development in the Social Era
Page 7: Economic Development in the Social Era

OUR GOAL FOR TODAY

Page 8: Economic Development in the Social Era

OUR GOAL FOR TODAY

Discuss the best way to use social media as economic developers

Page 9: Economic Development in the Social Era

OUR GOAL FOR TODAY

Discuss the best way to use social media as economic developers

so your organizations and our state can thrive in the social era

Page 11: Economic Development in the Social Era

and success looked like this:

SOURCE RTP.org

Page 12: Economic Development in the Social Era

“While many of its neighbors reel with every recession, the Raleigh-Durham region is now an oasis of relative prosperity.”

— The New Republic

North Carolina knew that success

SOURCE RTP.org

Page 13: Economic Development in the Social Era

But today, economic development is...

SOURCE http://jasminhalim.com/2013/01/shanghai/http://community.simtropolis.com/topic/40301-what-is-your-favorite-train-station/

Page 14: Economic Development in the Social Era

“Young workers want a different kind of work-life experience”

— Bob Geolas in TheNew Republic

SOURCE http://buyintoboulder.com/2010/07/downtownboulder/http://www.motherearthbrewing.com/blog.jsp?item=537http://www.maclife.com/article/news/apples_north_carolina_facility_hiring

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Is this your world?

Page 17: Economic Development in the Social Era

We live in the social era

Page 18: Economic Development in the Social Era

We live in the social era

where groups of people can make the most

impact.

Page 19: Economic Development in the Social Era

the first internet revolution — access

people find choice

INFORMATION

Page 20: Economic Development in the Social Era

INFORMATION

INFORMATIONINFORMATION

INFORMATION

the second internet revolution — create

people find a voice

Page 21: Economic Development in the Social Era

today’s internet revolution — connect

people find each other

Page 22: Economic Development in the Social Era

In the social era —

social media is a branding tool

Page 23: Economic Development in the Social Era

people use technology to make

In the social era —

social media is a branding tool

Page 24: Economic Development in the Social Era

people use technology to make human connections

In the social era —

social media is a branding tool

Page 25: Economic Development in the Social Era

people use technology to make human connections

people work with each other

In the social era —

social media is a branding tool

Page 26: Economic Development in the Social Era

people use technology to make human connections

people work with each otherwhen they share a common passion

In the social era —

social media is a branding tool

Page 27: Economic Development in the Social Era

people use technology to make human connections

people work with each otherwhen they share a common passion

people have greater power to

In the social era —

social media is a branding tool

Page 28: Economic Development in the Social Era

people use technology to make human connections

people work with each otherwhen they share a common passion

people have greater power to amplify their message

In the social era —

social media is a branding tool

Page 29: Economic Development in the Social Era

people use technology to make human connections

people work with each otherwhen they share a common passion

people have greater power to amplify their message

people share information

In the social era —

social media is a branding tool

Page 30: Economic Development in the Social Era

people use technology to make human connections

people work with each otherwhen they share a common passion

people have greater power to amplify their message

people share informationto hold leaders accountable

In the social era —

social media is a branding tool

Page 31: Economic Development in the Social Era

WE’RE AWESOME!

you suck

you suck

you suck

you suck

you suck

you suckyou suckyou suck

you suckyou suckyou suckyou suckyou suckyou suck

you suck you suck

you suck

Page 32: Economic Development in the Social Era

Cory Booker MAYOR OF NEWARK, NEW JERSEYSOURCE https://twitter.com/CoryBooker

Page 33: Economic Development in the Social Era

City of Austin AUSTIN, TEXASSOURCE http://pinterest.com/wholefoods/whyaustin/

Page 34: Economic Development in the Social Era
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Are you using digital media today?

Page 36: Economic Development in the Social Era

How can you use social media?

SOURCE http://cmcadigan.blogspot.com/2010/06/socratic-problem-intrigued-arent-you.html

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How can you use social media?

AS A STRATEGIC TOOL

to promote your part of North Carolina as a top destination for business and investment

SOURCE http://cmcadigan.blogspot.com/2010/06/socratic-problem-intrigued-arent-you.html

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Social media isAN ARCHITECTURE OF PARTICIPATION

‣ Conversation‣ Connection‣ Relevance‣ Storytelling‣ Brand as reputation‣ Human‣ An invitation to connect

Social media is notTRADITIONAL COMMUNICATIONS

‣ “Just” social‣ One-way communication‣ A fad‣ Busy work‣ Private‣ In a vacuum‣ Dry‣ Young

Page 39: Economic Development in the Social Era

Discover Create Connect

How can you use social media?

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Discover

SOURCE http://www.youtube.com/watch?v=c7SjvLceXgU

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Who is your community?

‣ What value can you provide to each other?‣ How do you and your community relate to one

other? How do you engage in other words?

What is your brand?

‣ How does that brand look, act, and feel?‣ What can you celebrate?

Discover

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Create

SOURCE http://www.youtube.com/watch?v=c7SjvLceXgU

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Craft your message

‣ Build a narrative around your brand and mission

Build a presence

‣ Use an editorial calendar for consistent updates‣ Tailor content to suit each platform’s culture

Tell stories

‣ Use multimedia‣ Share your stories and stories from the community‣ Tie each story to your brand message

Create

Page 45: Economic Development in the Social Era

Suggested platforms

‣ Facebook — visual, human, holistic storytelling‣ Twitter — real-time updates, news and advice‣ LinkedIn — professional connections, share value‣ Tumblr — visual storytelling‣ Instagram — powerful images (connect to Facebook)‣ MindMixer — action-oriented community engagement‣ Email — content digests, invitation to connect

Create

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Connect

SOURCE http://www.youtube.com/watch?v=c7SjvLceXgU

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Start conversations

‣ Share content that invites conversation‣ Ask your community for opinions, ideas, and stories‣ Listen and respond to your community

Amplify impact

‣ Be a microphone for the community’s successes‣ Create community heroes‣ Act as a catalyst for change

Learn, adjust, and repeat

‣ Note what works and what doesn’t‣ Take feedback into account

Connect

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SOURCE source

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SOURCE source

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> Who is your community?

> What is your brand?

> Craft your message

> Build your presence

> Tell stories

> Use the right platforms

> Start conversations

> Amplify impact

> Learn, adjust and repeat

How can you use social media?

Discover Create Connect

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OUR GOAL FOR TODAY

Page 55: Economic Development in the Social Era

OUR GOAL FOR TODAY

Discuss the best way to use social media as economic developers

Page 56: Economic Development in the Social Era

OUR GOAL FOR TODAY

Discuss the best way to use social media as economic developers

so your organizations and our state can thrive in the social era

Page 57: Economic Development in the Social Era

Tom RabonChairman and partner@newkind

[email protected]

Nation HahnDirector of Engagement@nationhahn

[email protected]

Thank you!