Transcript Regions Charting New Directions: Metropolitan Business Planning April 11, 2011 Robert Weissbourd, RW Ventures, LLC.

Regions Charting
New Directions:
Metropolitan Business Planning
April 11, 2011
Robert Weissbourd, RW Ventures, LLC
Metropolitan Business Planning:
A New Way of Doing Business
Grounded in Economics and Business
Comprehensive, Actionable
Strategies
An Ongoing Enterprise
Enables “New Federalism”
What
is
it
About
Place
that
Affects
Keys to Influencing Economic Performance
Economic Performance?
New
Growth
Theory
New
Growth
Theory
Economic
Geography
Institutional
Economics
Act Comprehensively – The Whole is
Greater than the
Sum of the Parts.
Economic
Geography
Customize.
Develop Institutional Capacity and
Intentionality.
Institutional
Economics
Create Effective
Public & Civic
Culture &
Institutions
Enhance
Regional
Concentrations
Deploy
Human Capital
Aligned with
Job Pools
Leverage
Points
for Sustainable
and Inclusive
Prosperity
Increase
Spatial
Efficiency
Develop
InnovationEnabling
Infrastructure
Global, Knowledge Economy
Specialization and
Dynamism
Intentionality
Build from Unique Assets
Cross-Sectoral, Adaptive,
Open, Information-Rich,
Entrepreneurial
Comprehensive, Integrated
Strategies which Compete
on Value-Added
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
Strategic Overview
Mission/Vision
Market Analysis
Goals
Strategies
Lead Initiative
Products/Services
Operations
Financials
Performance
Metropolitan Investment Prospectus
Investment Opportunities and “Asks”
Projected Returns
A New Economic Federalism
HUD
Section 8
Dept. of
Labor
Workforce
Inv. Act
Small
Business
Admin.
Loans
Dept of
Commerce
Int’l. Trade
Admin.
Dept. of
Transpo.
SAFETEA-LU
Programs
Increase
Spatial
Efficiency
Develop
InnovationEnabling
Infrastructure
Affordable
Housing
Enhance
Regional
Concentrations
Small
Create Effective
Deploy Export
Workforce
Public & Civic
Capital
BusinessHuman
Culture &
Aligned withStrategy
Training
Institutions Assistance Job Pools
Comprehensive Metropolitan Strategy
Upgrading
Roads and
Rail
Integrated Investment by Federal Government, States and Others
Department of
Commerce
International Trade
Administration
HUD
Section 8
HUDDept.
Sectionof8
Small
White
House
Office
of Urban
Business
Affairs
Department of
Transportation
Dept
of
SAFETEA-LU
Programs
Commerce
Labor
Workforce
Int’l. Trade
Admin.
Department
of Labor Loans
Inv.
Act
Admin.
 Cross-Agency
Regional
Teams
Small
Business
Workforce
Administration Loans
 Pooled
Investment
Act and Flexible Funding
 Support for Regional Capacity Building
Increase
 “New Federalism”
Partnership
Spatial
Efficiency
Develop
InnovationEnabling
Infrastructure
Create Effective
Public & Civic
Culture &
Institutions
Enhance
Regional
Concentrations
Deploy
Human Capital
Aligned with
Job Pools
Comprehensive Metropolitan Strategy
Dept. of
Transpo.
SAFETEA-LU
Programs
DISCUSSION
Regions Charting
New Directions:
Metropolitan Business Planning
April 11, 2011
Robert Weissbourd