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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

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Robert Weissbourd, RW Ventures, LLC

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

  2. Metropolitan Business Planning: A New Way of Doing Business Grounded in Economics and Business Comprehensive, Actionable Strategies An Ongoing Enterprise Enables “New Federalism”

  3. Keys to Influencing Economic Performance What is it About Place that Affects Economic Performance? Institutional Economics Institutional Economics New Growth Theory New Growth Theory Economic Geography Economic Geography Act Comprehensively – The Whole is Greater than the Sum of the Parts. Customize. Develop Institutional Capacity and Intentionality.

  4. EnhanceRegionalConcentrations Increase SpatialEfficiency DeployHuman CapitalAligned withJob Pools Leverage Points for Sustainable and Inclusive Prosperity DevelopInnovation-EnablingInfrastructure Create EffectivePublic & CivicCulture & Institutions

  5. 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

  6. 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

  7. 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

  8. Dept. of Labor Workforce Inv. Act Dept of Commerce Int’l. Trade Admin. Dept. of Transpo. SAFETEA-LU Programs Increase SpatialEfficiency DevelopInnovation-EnablingInfrastructure EnhanceRegionalConcentrations Create EffectivePublic & CivicCulture & Institutions DeployHuman CapitalAligned withJob Pools Small Business Assistance Upgrading Roads and Rail HUD Section 8 Affordable Housing Export Strategy Workforce Training Comprehensive Metropolitan Strategy A New Economic Federalism Small Business Admin. Loans

  9. Integrated Investment by Federal Government, States and Others Department of Commerce International Trade Administration Dept. of Labor Workforce Inv. Act Dept of Commerce Int’l. Trade Admin. Dept. of Transpo. SAFETEA-LU Programs Small Business Admin. Loans Department of Transportation SAFETEA-LU Programs HUD Section 8 White House Office of Urban Affairs Department of Labor Workforce Investment Act Small Business Administration Loans Increase SpatialEfficiency DevelopInnovation-EnablingInfrastructure EnhanceRegionalConcentrations Create EffectivePublic & CivicCulture & Institutions DeployHuman CapitalAligned withJob Pools HUD Section 8 Comprehensive Metropolitan Strategy • Cross-Agency Regional Teams • Pooled and Flexible Funding • Support for Regional Capacity Building • “New Federalism” Partnership

  10. DISCUSSION Regions Charting New Directions:Metropolitan Business Planning April 11, 2011 Robert Weissbourd

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