Ed Morrison, Co-Founder, Institute for Open Economic Networks (I-Open), is currently based in West Lafayette, Indiana and works as Economic Policy Advisor, at the Purdue Center for Regional Development. Ed develops network-based strategy models.
Visit the Institute for Open Economic Networks (I-Open) at http://www.i-open.org
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Open Source Economic Development by Ed Morrison
1. Open Source Economic
Development: Accelerating
Innovation through
Collaboration
Ed Morrison
Purdue Center for Regional Development
April, 2009
2. This presentation introduces you to Open Source
Economic Development and Strategic Doing
We are moving from our Grandfather’s
to our Grandchildren’s Economy
Our economic transformation requires
new approaches to strategy
Strategic Doing provides the discipline to
transform community and regional
economies
3.
4. Innovation in our Grandfather’s Economy
moved a lot of stuff
Coal Dumper, shores of Lake Erie, 1897
5. Innovation in our Grandfather’s Economy
generated huge amounts of wealth
6. The S-Curve caught up to our
grandfather’s economy
‣ Global markets
integrated
‣ Costs collapsed
‣ The Internet
exploded
7. Innovation in our Grandchildren’s Economy
involves a completely different set of business models
8. Our Grandchildren’s economy creates wealth
with networks
Time
Prosperity
Grandfather's economy:
Wealth driven
by vertical business models
Granchildren's economy: Wealth
driven by network business
models
We are here
9. Our Challenge: Find pathways to our
Grandchildren’s economy...
Aligning, linking and leveraging our assets
Source: Ed Morrison
We are here
We need to move here
10. We are moving from our Grandfather’s
to our Grandchildren’s Economy
Our economic transformation requires
new approaches to strategy
Strategic Doing provides the discipline to
transform community and regional
economies
13. 2d Curve strategies involve
strengthening and connecting five asset
networks
Brainpower
Innovation and
entrepreneurship
Quality places
Branding stories
Collaboration
The ability to think
together and act on
complex projects
20. Balance leadership direction and open
participation
Leadership Direction
Decision
Low High
Public Participation
Dialogue
Low
High
Apathy
Street
politics
Open Source
Economic
Development
Back room
politics
21. Go slow to go fast
Low
Low
High
High
Prosperity
Trust and
collaboration
With network economies, go
slow to go fast
22. Social Network Map
of the
Southwest Regional Leadership Forum
University of Evansville
March 17, 2006
Presented by the Indiana Humaniteis Council
Develop networks with tight cores and
porous boundaries
23. We are moving from our Grandfather’s
to our Grandchildren’s Economy
Our economic transformation requires
new approaches to strategy
Strategic Doing provides the discipline to
transform community and regional
economies
28. Explore
Align
FocusExecute
Evaluations
Action Plans
Insights
Initiatives
Develop ideas about
what we can do
together
Choose
what to
do
Identify and align
resources to
specific initiatives
Execute and
measure
results
The Strategic Doing cycle
Define one to four areas of
Strategic Focus:Think of these
areas as Chapters in your
Strategic Action Plan
28
For each area of Strategic
Focus, draft at least one
Strategic Outcome
For each Strategic Outcome
define one Strategic Initiative
(project) to achieve your
outcome
For each Strategic initiative,
outline a set of SMART Goals
that will define progress
For each initiative, define a
clear action plan to define
who will do what by when.
Decide on a process of
coming back together in 30 to
90 days to evaluate your
progress and make
adjustments
Text
8:30-12:00
1:00-2:30
2:30-4:00
4:00-5:00
29. Milwaukee 7 Water Council launched
with a Strategic Doing workshop in July 2008