Plenary 2 - The Building Blocks of Innovative Economic Ecosystems Room: Colosseum 9:30-11:00 A.M.

Transcription

1 Plenary 2 - The Building Blocks of Innovative Economic Ecosystems Room: Colosseum 9:30-11:00 A.M.

2 Plenary 2 Session Moderator 9:30-11:00am Mike Green, Co-founder, ScaleUp Partners

3 EVOLUTION OF U.S. ECONOMY 19 th 20 th 21 st AGRARIAN ECONOMY Lots of Land Lots of People Lots of Animals Labor Intensive MANUFACTURING ECONOMY Means of Production Lots of People Labor Intensive INNOVATION ECONOMY Knowledge-based Tech-driven Globally Competitive Creativity Entrepreneurship Drives Economic Impact, Wealth

4 STEEP DECLINE IN Advanced manufacturing is still important in the Innovation Economy. But today, it isn t capable of the kind of broadbased low-skilled employment of manual labor that it was in the 20 th century.

5 3 PIPELINES OF PRODUCTIVITY BASIC BUILDING BLOCKS OF THE INNOVATION ECONOMY Agriculture Architecture Application

6 6 ECONOMIC TRENDS In a 2016 hearing, the US Senate Committee on Small Business and Entrepreneurship was informed of For whom is the economy working? SIX DISTURBING TRENDS: The rate at which the U.S. economy generates new firms is in long-term decline; New business formation suffered an unprecedented collapse following the Great Recession particularly within under-connected metro neighborhoods and micropolitan communities; The geography of startup activity has become highly concentrated; The economy is increasingly dominated by older incumbent firms; Rates of entrepreneurship are declining with each generation; and High potential startups are less likely than ever to succeed

7 THIS IS UNSUSTAINABLE

8 Q: How will America sustain her global competitiveness with so much of her population producing so little? And how do we intentionally build equitable environments that lead to inclusive prosperity outcomes?

9 KEYS TO COMPETITIVENESS Research Measures Indices Education / Exposure Immersion / Training Networking / Leadership Productivity Pipelines Convening / Collaboration Best Practices Community Partnerships

10 BREAKING DOWN WALLS OF ISOLATION AND INSULATION

11 CLEAR VISION STRATEGY To achieve the vision PLAN With measurable goals A NOTE ABOUT PROGRAMS Programs are not effective as islands. They are effective as components of an overall strategy within a plan designed to move measurable needles of economic impact that show progress toward reaching a clear visionary outcome. Investment Implementation Programs Measures Feedback Loop Analysis Corrections

12 STEEM EDUCATION WORKFORCE PIPELINES ENTREPRENEURSHIP PIPELINES SUSTAINING & GROWING BUSINESSES FAST LISTEN FAST TALK 8 mins ea

13 Scaleuppartners.com

14 Plenary 2 Cultivating Inclusive Economic Building Blocks in Communities: Foundations as Important Stakeholders and Leaders 9:30-11:00am Christopher Gergen, CEO, Forward Cities

15 A National Learning Collaborative Between Cities of Innovation & Inclusive Growth CHRISTOPHER GERGEN Merging With:

16 CEOs for Cities: Launched 20 years ago by Mayor Daley & Paul Grogan Network of 27 cities National convening platform City Vitals Index Talent Dividend Competition Forward Cities: National learning collaborative focused on inclusive innovation Convening & Site Visits State-wide collaborative in NC Toolkit, case studies, storytelling Two non-profits now merging to expand reach & deepen impact

17 Arlington, TX Houston, TX Irving, TX Waco, TX Indianapolis, IN Hamilton County, IN Columbus, IN Cincinnati, OH Cleveland, OH Columbus, OH Dayton, OH Toledo, OH Member Cities Knoxville, TN Memphis, TN Quad Cities, IA Des Moines, IA Grand Rapids, MI Detroit, MI Milwaukee, WI Topeka, KS St. Louis, MO Tulsa, OK Boston, MA Greensboro/High Point, NC Wilmington, NC Pembroke, NC Wilson, NC Asheville, NC Richmond, VA Greenville/Greer, SC Miami, FL Phoenix, AZ New Orleans, LA

18 Forward Cities is a network of 33 cities committed to: Accelerating inclusive innovation within cities through cross-sector participation Fostering collaboration and learning between cities Expanding the network s impact nationally

19 Given our rapidly changing economy, inclusive innovation is necessary to foster new business growth, new sector creation, 21 st century jobs, and shared prosperity yielding: economic growth economic inclusion racial equity

20 Our nation is in an uncertain time: Significant economic disruption and job loss Growing economic inequities Misaligned talent readiness with workforce needs Partisan divides and policy gridlock Urban-rural conflict

21 Within this context, our nation s mid-sized cities and micropolitans can offer a hopeful antidote by: Creating laboratories for innovation Driving intentional strategies for inclusive growth Fostering cross-sector/cross-city collaboration Investing in workforce readiness Bridging partisan divides w/ practical policy Connecting urban-rural communities

22 MEASURE ADVOCATE SHARE ENABLE EQUITY? BUILD DEVELOP RETAIN RECRUIT

23 The Developmental Path Disconnected & Disengaged Connected & Coordinated Cross-sector leadership National learning network Benchmarked data Aligned & Acting Target outcomes Aligned strategies Public/Private investment Realizing Results Measurable progress Sustained economic return Scalable initiatives National contribution

24 Support for Cities Communications Capacity Building Convening

25 National learning platform: Capacity Building Communications Convening ForwardCities.org Published toolkit & case studies Bi-weekly newsletter Social media outreach PR amplification for cities

26 Capacity Building Communications Convening Convening & Collaboration: Spring/fall national meetings Regional convenings City workshops City visits Kauffman Mayoral Meeting

27 Capacity Building Communications Convening Community Innovation Accelerators: Two-year Inclusive Innovation Fellow Cross-Sector Innovation Council Systems mapping/ data gather Strategic alignment Implementation grants Scale-up and replication

28 CITY ENGAGEMENT MODEL A W A K E N National learning platform, newsletter, stories, tools C O N N E C T National Convening; Consulting/ Speaking I M M E R S E* Capacity Building; Benchmarking I N V E S T* Implementation Grants SCALE* Impact investment, Scale-up * For Member Cities Only Stories & Case Studies

29 C O N T A C T Christopher Gergen cgergen@forwardcities.org