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Richmond, IN Introduction to Strategic Doing CONNECTING PEOPLE, EMPLOYERS AND TRAINING Ed Morrison and Peggy Hosea Regional Economic Development Advisor Purdue Center for Regional Development May 22, 2013

Richmond Indiana: Introduction to Strategic Doing May 2013

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Richmond, IN, like other regions, faces difficult challenges bridging a skills gap. This slide deck shows how we introduced Strategic Doing to civic leaders in the region. In the months after the presentation, the leadership went on to form a highly successful manufacturing partnership. This initiative won a Governor's award for innovation in January 2014.

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Page 1: Richmond Indiana: Introduction to Strategic Doing May 2013

Richmond, IN Introduction to Strategic Doing CONNECTING PEOPLE, EMPLOYERS AND TRAINING

Ed Morrison and Peggy Hosea Regional Economic Development Advisor Purdue Center for Regional Development May 22, 2013

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Skills and Workforce an overview

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The 30,000 foot view We have major imbalances that no single group can fix

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how do we meet the challenge? old ways of thinking, behaving and doing don’t work

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There’s another way The Switch point: We can collaborate to compete

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‣ strategy process for open, loosely joined networks ‣ based on learning by doing ‣ quickly formed collaborations ‣ asset based -- using what you have ‣ shared, measurable outcomes and a roadmap

What is strategic doing? Key features

Regions and communities across the country are experiencing the power of strategic doing"

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Strategic Doing an overview

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Start thinking differently Our civic economy supports our market economy

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Civic economy = collaboration We need four types of collaborative investment

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The Result: Connected networks We develop “link and leverage” strategies

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Today’s focus: Brainpower How do we tighten connections and alignments?

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Question: What would it look like if richmond had a steady flow of highly skilled people moving into manufacturing?

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Our theory of change

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Dominance of hierarchies our grandfather’s wealth engine

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emergence of networks our grandchildren’s wealth engine

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networks change everything from technology to business models

Wizard of Oz made in 1939

by ONE company

Spider Man 3 made by 56

companies in a network

Who makes the iPhone?

A network made by Apple

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How do we move forward? we need New ways of thinking, behaving and doing

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Grandfather’s strategy know everything, then move

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grandchildren’s strategy link, leverage and align

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a paradigm shift from analysis paralysis to learning by doing

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networks are different

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positive returns the pie gets bigger

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networks require trust trust takes face time

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networks generate soreheads don’t be slowed by soreheads

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no tops, no bottoms to networks balance participation with leadership direction

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leadership=guiding conversation people move in the direction of their conversation

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we need new civic spaces where will we do our complex thinking and learning?

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the basics of strategy answering 2 questions

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the key to network strategy breaking 2 questions into 4

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strategy is never “done” quality process creates quality collaborations

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networks can be managed strategic focus areas, initiatives and metrics

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set priorities with simple rules look for high payoff, low difficulty

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Strategic Doing today

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Question: What would it look like if richmond had a steady flow of highly skilled people moving into manufacturing?

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