resilient businesses summit 11/13/10

www.resilientbusinesses.com

Resilient Businesses Summit

Sponsored by TnRGlobal & Hidden Tech

Thrives Publishing


Welcome

• Hidden Tech– Economic impact in Western Mass

• Community Economies– Groundbreaking work by Julie Graham

• Missing Answers– What do we need?

• Resilient Businesses concept– Tools for collaborating: talk.RB & other social media


Agenda9:45 – 10:00 Settle in with coffee by Deans Beans

10:00 – 10:10 Welcome by Rich Roth

10:10 – 10:30 Introduction by Karen Ribeiro

10:30 – 11:00 5 minute partner discussion: my experience of resilience

10 minute table recap10 minute group recap

11:00 – 12:00 ROUNDTABLE ONE12:00 – 12:30 Recap of 1st roundtable session

12:30 – 1:15 LUNCH

1:30 – 2:30 ROUNDTABLE TWO2:30 – 3:00 Recap of 2nd roundtable session

3:00 – 4:00 Networking and small group breakouts


Facilitators

• Session 1 – Ingrid Bredenberg

remaining flexible (even supple!) when working with

friends and family

• Session 2 – Kirsten Bonanza

finding and holding onto the pulse of your many

stakeholders

Dealing with People


Facilitators

• Session 1 – Dan Finn

fostering collaborations among peers and competitors to

sustain and grow revenues

• Session 2 – Prakash Laufer

reinventing yourself when markets change; embracing trends in this economic era

Driving the Collaborative Economy


Facilitators

• Session 1 – William Spademan

Create It! a "money multiplier” game on

creating money locally

Creating and Spending Money• Session 2 – Rick Feldman

once you get the capital, what do you do with it?


Facilitators

• Session 1 – Tim Cohen-Mitchell

bootstrapping your organization when cash is scarce; growth with non-traditional capital

• Session 2 – Terry Mollner

planning for and attracting investment opportunities

Alternative Funding


Facilitators

• Session 1 – Jan Morgan

making the case for resilience as a strategic focus

• Session 2 – Catherine Ratte’

local politics: what works and what could be better

Sustainability and Resilience


Facilitators

• Session 1 – Mary Hoyer

getting and using equity versus debt; balancing the two

• Session 2 – John Waite

taking on debt; how much do you really need?

Essentials of Equity and Debt


Resiliency Story

• Karen’s Resilience Story– The region’s conscience– Most resilient person I’ve ever met

• Resilience Partner Discussion – Share your resilience story

“To create resilience you need more feedback loops between a community and all government levels”

-- Toshiro Kida, student activist

Recapping & Tweeting• What are our needs?• Understanding oneself• Humility• Expressing fears• Having set core values – North Star• Being persistent• Finding resourceful people• Staying present• Being creative• Establishing boundaries• What is “good enough” indiv./collect.• Yielding to higher road – inner wisdom /

intuition• Passion• Sustaining a Vision


• Systems thinking – holistic understanding• Supporting others’ egos• Allowing diversity and collaboration – tap all

skill sets equally• Rest – take naps / meditate• Remaining open to learning• Taking risks – thinking outside of the boss!!

And box• Willingness to adapt self or system• Agility / flexibility – playful rejuvenation• Being curious• Challenging current

understanding/assumptions• Never forget beginners mind – Lance

Armstrong • Using pain positively• Have a hero to aspire to – continuous

learning• Assertive in the face of resistance

Recapping Roundtable One• What are our obstacles?Imbalance in net worthLots of under utilized real estateHigh property taxesHow to motivate beyond self interest?How do we share assets/resources to

maximize benefit for the community?Lack of trust/community bonding – “I’m out

for myself” vs. shared tools, food, ideas…Inability to express self authentically/honestySettlement patterns (suburbs)Assembling equity; collateralPresenting coherent plans to lenders &

stakeholders – really think out concept 1st

What are our ideas?United Way for BusinessHelping local banks to work together – EX-

Sonoma Cty cooperation among local banks (600MM more local $ to invest)

Judy Wicks story – creating the communityTransition to new ways of collaboration –

community centers, shared mealsTime banksTapping all ownership & investment options

(family & friends (debt +/or equity) $, gov’t grants, credit, home eq., cooperative shares, PRI, cust. loans) and collateral (CD, gold/stocks, RE, contracts)


Recapping Roundtable One• What are our obstacles?Defining and understanding resiliencyPeople do not see/listen to market signalsPeople choose not to change – especially if it

isn’t institutionalized (or modeled) – or learn from past mistakes

Surprise regulatory shocksContract changes

What are our ideas?Collaborating with partners/joint ventures and

shared revenues; trust relationshipsTrue value of mutuality – especially listeningPlay nice – all situations are a “win win” and

have respectful languageHave support groups (in person or virtual

water cooler)Diversify income streamReinvention – back to basics; team planning


Recapping Roundtable Two• What are our obstacles?PL/KB – responding to current needs for

reinventing ourselves/businessesNeed Gross National HappinessTM/RF - How can we create various clans within a

larger tribal system in the Pioneer Valley that accurately represent our various stories

How can we maximize regional equity for the benefit of startups and other community, small biz needs?

What are our ideas?PL/KBElevation not emulationLook out for #2 not #1 – all in this togetherNo one left behindImprove theater – Yes ANDCommunity based discussion – charettes?Entrepreneurship in the context of serving our

community happiness needs,quality of lifeEstablishing a NORM of communication that

starts from the way we welcome peopleWinning people over. No one cares what you

know until they know that you careBe open/understanding/absorbant/compass.Go further upstream than what is obviousPAPOS – people are part of solutionStakeholder: inclusive of families of people who

work for you, interconnected communitieswww.resilientbusinesses.com

Recapping Roundtable Two• What are our obstacles?Sustaining momentum with today’s

conversation – widening the circle of influence extending to diverse communities with diverse voices/interests

@resilientbiz#resbizwww.resilientbusinesses.comhttp://talk.resilientbusinesses.com

www.hidden-tech.net

What are our ideas?Work in constellation in the community to freely

move in and around the community but remain in one tribe.

Threshold Fnd. For the valley (high net worth)SVN for the valleyChoose leaders from key organizations to bring

together to create the “tribal code”Enhance Hidden Tech community using tags to

create collaborative matchesEngage the PVPC and EDC and MSBDC and ACCGS

creativelyMeetup around the BALLE leakage calculatorMeetup around regional resiliency storytellingShare email addressesKeep talking about resiliency – Don’t eat lunch

alone, other meetups, bloggingMeet soon – Nacul Center, etc.www.resilientbusinesses.com

http://www.resilientbusinesses.com/

http://talk.resilientbusinesses.com/

http://www.hidden-tech.net/

resilient businesses summit 11/13/10

Education

recapping roundtable

recapping roundtable

roundtable session12

roundtable session3

roundtable one12

roundtable two2

resilience storyto

recapping tweetingwhat