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Agile Strategy: A How-To Guide for Building and Nurturing Industry Clusters
Like attracts like. Success breeds success. Industry clusters are a boon to economic developers because of their magnetic effect on other businesses in the same sector, and the supply chain. But what do you do if you don't happen to be fortunate to already have a biotech, food processing or aerospace corridor in your community? According to guest presenter Ed Morrison, director of Agile Strategy, you go out and build one.
Morrison refers to his method as "strategic doing," accelerating network development in an intentional and disciplined way. This is different than the "analysis paralysis" methods of the past. It forms collaborations quickly by "linking and leveraging" assets across the network.
In this webinar, he discusses how to build regional innovation clusters, spaces where companies that share a similar competitive space decide to form a network, develop a strategic agenda to address common issues, and make anchor investments. This includes:
*Shifting the conversation towards collaboration
*Protocol for quickly building networks
*Developing a strategic, active agenda
*Managing this complex strategy with simple rules
*Identify different stages that clusters move through
Step 3: Activate your clusters with
Core Team builds out
network and launches pilot
institutions join to
anchor the cluster
organizations align to
support the strategic
Business firm that acts as an
Business firm that services as a
Higher educational institution
supporting the cluster
Strategic focus area that ties
together firm within a cluster
Lockheed is using agile strategy to
collaborate with NJ companies
“The best methodology I have
seen in 20 years.”
Australia New Zealand Regional Science Association