regions charting new directions: metropolitan business planning
TRANSCRIPT
Robert Weissbourd, RW Ventures, LLC
Regions Charting New Directions:
Metropolitan Business Planning
April 11, 2011
Metropolitan Business Planning: A New Way of Doing Business
Grounded in Economics and Business
Comprehensive, Actionable Strategies
An Ongoing Enterprise
Enables “New Federalism”
Economic Geography
Institutional Economics
What is it About Place that Affects Economic Performance?
New Growth Theory
Economic Geography
Institutional EconomicsNew
Growth Theory
Act Comprehensively – The Whole is Greater than the Sum of the Parts.
Develop Institutional Capacity and Intentionality.
Customize.
Keys to Influencing Economic Performance
Leverage Points
for Sustainable and Inclusive
Prosperity
Leverage Points
for Sustainable and Inclusive
Prosperity
EnhanceRegional
Concentrations
Leverage Points
for Sustainable and Inclusive
Prosperity
EnhanceRegional
Concentrations Deploy
Human CapitalAligned with
Job Pools
Leverage Points
for Sustainable and Inclusive
Prosperity
EnhanceRegional
Concentrations Deploy
Human CapitalAligned with
Job Pools
DevelopInnovation-
EnablingInfrastructure
Leverage Points
for Sustainable and Inclusive
Prosperity
EnhanceRegional
Concentrations Deploy
Human CapitalAligned with
Job Pools
DevelopInnovation-
EnablingInfrastructure
Increase Spatial
Efficiency
Leverage Points
for Sustainable and Inclusive
Prosperity
EnhanceRegional
Concentrations Deploy
Human CapitalAligned with
Job Pools
DevelopInnovation-
EnablingInfrastructure
Increase Spatial
Efficiency
Create EffectivePublic & Civic
Culture & Institutions
Global, Knowledge Economy
Specialization and Dynamism
Build from Unique Assets
Cross-Sectoral, Adaptive, Open, Information-Rich,
Entrepreneurial
Comprehensive, Integrated Strategies which Compete
on Value-Added
Intentionality
Business Planning: A Proven Discipline for Comprehensive, Effective Action
Identify regional assets/opportunities
Develop customized strategies
Turn strategies into concrete actions
Build institutional capacity
Execute
Metropolitan Business Planning
Regional Economy Mission and Vision
Market Analysis
Identify Strategies and Goals
Specify Products, Services and Policies
Operational Planning
Financial Planning
Performance Monitoring
Metro Business Plan Components
Lead InitiativeProducts/Services Operations Financials Performance
Strategic OverviewMission/Vision Market Analysis Goals Strategies
Metro Business Plan Components
Metropolitan Investment ProspectusInvestment Opportunities and “Asks” Projected Returns
Lead InitiativeProducts/Services Operations Financials Performance
Strategic OverviewMission/Vision Market Analysis Goals Strategies
Affordable Housing
Workforce Training
Small Business
Assistance
Upgrading Roads and
Rail
Export Strategy
A New Economic Federalism
HUD Section 8
Dept. of Labor
Workforce Inv. Act
Dept of Commerce Int’l. Trade
Admin.
Dept. of Transpo.
SAFETEA-LU Programs
Small Business Admin. Loans
A New Economic Federalism
DevelopInnovation-
EnablingInfrastructure
Create EffectivePublic & Civic
Culture & Institutions
DeployHuman CapitalAligned with
Job Pools
EnhanceRegional
Concentrations
Increase Spatial
Efficiency
Comprehensive Metropolitan Strategy
HUD Section 8
Dept. of Labor
Workforce Inv. Act
Dept of Commerce Int’l. Trade
Admin.
Dept. of Transpo.
SAFETEA-LU Programs
Small Business Admin. Loans
DevelopInnovation-
EnablingInfrastructure
Create EffectivePublic & Civic
Culture & Institutions
DeployHuman CapitalAligned with
Job Pools
EnhanceRegional
Concentrations
Increase Spatial
Efficiency
Comprehensive Metropolitan Strategy
Integrated Investment by Federal Government, States and Others
White House Office of Urban
Affairs
HUD Section 8
Department of Labor Workforce
Investment Act
Small Business Administration Loans
Department of Transportation
SAFETEA-LU Programs
Department of Commerce
International Trade Administration
Cross-Agency Regional Teams Pooled and Flexible Funding Support for Regional Capacity Building “New Federalism” Partnership
DevelopInnovation-
EnablingInfrastructure
Create EffectivePublic & Civic
Culture & Institutions
DeployHuman CapitalAligned with
Job Pools
EnhanceRegional
Concentrations
Increase Spatial
Efficiency
Comprehensive Metropolitan Strategy
Integrated Investment by Federal Government, States and Others
White House Office of Urban Affairs
HUD Section 8
Department of Labor Workforce Investment Act
Small Business Administration Loans
Department of Transportation SAFETEA-LU
Programs
Department of Commerce International Trade
Administration
April 11, 2011
DISCUSSION
Regions Charting New Directions:
Metropolitan Business PlanningRobert Weissbourd