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CCDC Annual Dinner January 17, 2009 Trisha Mason, Executive Director East Central Illinois Development Corporation
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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 www.creativecommons.org www.creativecommons.org
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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
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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
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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
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Regions struggle to overcome the “power” of the invisible fence
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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.
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8 Our grandfather’s economy created a lot of wealth with vertical business models
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The S-Curve caught up to our grandfather’s economy ‣ Global markets integrated ‣ Costs collapsed ‣ The Internet exploded
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Momentum and growth favor businesses on the Second Curve
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2d Curve strategies are based on “linking and leveraging”
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Expanded networks will drive innovation in the Great Lakes
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Successful regions will move civic thinking from hierarchies to networks
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Successful regions will take the “Shanghai perspective” Our ViewTheir View
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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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Thank you! Learn more http://www.ecidc.com
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East Central Illinois Development Corporation Trisha Mason, Executive Director (217)540-3517 office tmason16617@lakeland.cc.il.us www.ecidc.com 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 www.creativecommons.orgwww.creativecommons.org
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