indiana housing

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Guiding Indiana Guiding Indiana toward Open toward Open Innovation: Innovation: Implementing Implementing Strategy in Networks Strategy in Networks Ed Morrison Purdue Center for Regional Development February, 2010

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Overview of Strategic Doing for the 2010 Indiana Housing Summit

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Page 1: Indiana Housing

Guiding Indiana toward Guiding Indiana toward

Open Innovation: Open Innovation:

Implementing Strategy in Implementing Strategy in

NetworksNetworksEd Morrison

Purdue Center for Regional Development

February, 2010

Page 2: Indiana Housing

2

This talk reflects what I have been learning about regions across the country over the past 18 months or so...

Page 3: Indiana Housing

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 to build prosperity in rural communities

Here’s Strategic Doing in a Nutshell

Page 4: Indiana Housing

We are in the midst of a deep transformation in the way wealth is created...

Page 5: Indiana Housing

The iPhone production

network

Our Grandchildren’s economy is emerging...Who makes the iPhone? A network led by Apple

Page 6: Indiana Housing

Grandfather’s EconomyGrandfather’s Economy Grandchildren’s Grandchildren’s EconomyEconomy

Hierarchies Networks

Command and control Link and leverage

Vertically integrate Horizontally connect

Transactions Relationships

Mass Production Sustainable Manufacturing

Strategic Planning Strategic Doing

Page 7: Indiana Housing

Our challenge is to find the pathways to our Grandchildren’s economy...

Connecting our many assets with “link and leverage” strategies

Page 8: Indiana Housing

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 to build prosperity in rural communities

Here’s Strategic Doing in a Nutshell

Page 9: Indiana Housing

Strategic Planning evolved to handle large hierarchical organizations

A small group at the top did the thinking

A larger group at the bottom did the doing

Page 10: Indiana Housing

Strategic planning doesn’t work because networks have no tops or bottoms

Page 11: Indiana Housing

Our strategy challenge is like paddling a kayak in the ocean

The task requires quick strategic assessments and continuous “doing”

Page 12: Indiana Housing

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 to build prosperity in rural communities

Here’s Strategic Doing in a Nutshell

Page 13: Indiana Housing

Strategic DoingPlan and action together

Strategic PlanningPlan but no action

No StrategyAction but no plan

Page 14: Indiana Housing

Strategic Doing guides a loosely connected network with a series of disciplined conversations

Page 15: Indiana Housing

As we guide these conversations and make decisions, we generate all the components of a Strategic Action Plan...It is simple, but not easy.

Strategic Strategic Action Action PlanPlan

v. 0.1v. 0.1betabeta

Page 16: Indiana Housing

Boise, ID

Idaho used Strategic Doing in their Governor’s Workforce Development Summit

Page 17: Indiana Housing

How regions evolve toward open innovation

Page 18: Indiana Housing

Thank You!

Let’s answer some questions

[email protected]