Archive | January, 2014

Re-imagining the economic development profession: What would it look like if…

Next week, I head back to work with our colleagues at Fraunhofer. As I prepare for the trip, I’ve been thinking about the future of the economic development profession. In the wake of the financial crisis and the near collapse of the financial system, hopes that the global economy would return to “normal” have faded. […]

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Strategic Doing in Australia: The Fraser Coast Fanatics take flight

Our Strategic Doing work in Australia continues to grow. The Fraser Coast Fanatics have formed and are storming ahead with a series of civic forums. One of the first steps in Strategic Doing is to practice the art of convening around topics that help people recognize and appreciate their assets. (Strategic Doing is an asset […]

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Economic Development Policy: Moving from incentives to co-investment

So much of our obsession with economic development in local and state government focuses on incentives. By some accounting, state and local incentives total over $60 billion a year, and there’s a business in enabling businesses to grab these goodies. If I were “king”, I would do away with the term “incentive” and focus our […]

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Developing a University’s Two Ecosystems

Universities can develop two distinct, overlapping ecosystems: one targets at start-ups; the second focuses on innovative companies. To date, most […]

Slowly Understanding the Impact of Globalization

In 1984, I joined a boutique consulting firm, an offshoot of BCG. We had two major clients: GE and Volvo. […]

Moving Toward Strategy as a Flexible Process

Strategy is dynamic. Different business units — positioned at different locations on the S-Curve — will face different strategic challenges. […]

Why Trump’s Talks with North Korea Failed

If you are familiar with the dynamics of collaboration, it’s easy to understand why Trump’s talks with Kim Jong-un failed. […]

What’s Next: Ecosystem Strategies

In the US, economic development over the last few months has focused on two big stories: Foxconn and Amazon. Wisconsin […]

Teaching Strategy Skills With Simulation Games

At our Lab at Purdue, we teach the multiple skills of complex collaboration with simulation games. Every organization is facing […]