CCDC Annual Dinner January 17, 2009 Trisha Mason, Executive Director East Central Illinois Development Corporation

The material on Open Source Economic Development is copyright Ed Morrison and distributed under a Creative Commons 3.0 attribution license. That means you are free to modify, copy and use this material for commercial purposes provided that you attribute it as follows: Source: Ed Morrison, I-Open Distributed under a Creative Commons 3.0 license. You can learn more about the Creative Commons license at

East Central Illinois Development Corporation Christian, Clark, Coles, Crawford, Cumberland, Douglas, Edgar, Effingham, Jasper, Moultrie, Shelby counties Provide Support & Assistance to ED Orgs. Promote Region Globally Provide Educational Opportunities Facilitate adoption of Open Source Economic Development in the Region Recognize Leaders & Businesses

Membership Benefits Networking opportunities Regional advertising and exposure Presence on regional website Having a voice in regional economic development issues and building regional relationships which could lead to potential partnerships Utilize relationships and partner to provide educational opportunities in region Access to internet-based GIS application and many other resources

Benefits of Regionalism Present a united front to the state, nation and world Never-ending networking opportunities and space to share experiences and challenges Shared expenses: marketing, education, networking functions Greater access to resources to perform at a higher level

Regions struggle to overcome the “power” of the invisible fence

Regionalism is more important then ever We now compete in a global marketplace where boundaries are no longer relevant. We are currently in the mist of a shift in our global economic structure.

8 Our grandfather’s economy created a lot of wealth with vertical business models

The S-Curve caught up to our grandfather’s economy ‣ Global markets integrated ‣ Costs collapsed ‣ The Internet exploded

Momentum and growth favor businesses on the Second Curve

2d Curve strategies are based on “linking and leveraging”

Expanded networks will drive innovation in the Great Lakes

Successful regions will move civic thinking from hierarchies to networks

Successful regions will take the “Shanghai perspective” Our ViewTheir View

Open Source ED Basics Based on open information sharing and building relationships of trust through “doing” Building collaborative partnerships between education, workforce development, economic development, and business/industry Wealth is created by tying together extraordinary assets in your communities and the region

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East Central Illinois Development Corporation Trisha Mason, Executive Director (217) office The material on Open Source Economic Development is copyright Ed Morrison and distributed under a Creative Commons 3.0 attribution license. That means you are free to modify, copy and use this material for commercial purposes provided that you attribute it as follows: Source: Ed Morrison, I-Open Distributed under a Creative Commons 3.0 license. You can learn more about the Creative Commons license at