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” 2

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

4. Leverage Points Enhance Regional Concentrations
Create Effective Public & Civic Culture &
Institutions
Deploy Human Capital Aligned with Job Pools
Leverage Points
for Sustainable
and Inclusive Prosperity
Increase Spatial Efficiency
Develop Innovation- Enabling Infrastructure

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
Metropolitan Business Planning
Regional Economy Mission and Vision
Market Analysis
Identify Strategies and Goals
Specify Products, Services and Policies
Operational Planning
Financial Planning
Performance Monitoring
Identify regional assets/opportunities
Develop customized strategies
Turn strategies into concrete actions
Build institutional capacity
Execute 6

7. Metro Business Plan Components
Lead Initiative
Products/Services Operations Financials Performance
Strategic Overview
Mission/Vision Market Analysis Goals Strategies
Metropolitan Investment Prospectus
Investment Opportunities and “Asks” Projected Returns

8. A New Economic Federalism
HUD Section 8
Dept. of Labor Workforce Inv. Act
Small Business Admin. Loans
Dept of Commerce Int’l. Trade Admin.
Dept. of Transpo. SAFETEA-LU Programs
Develop Innovation- Enabling Infrastructure
Create Effective Public & Civic Culture &
Institutions
Deploy Human Capital Aligned with Job Pools
Enhance Regional Concentrations
Increase Spatial Efficiency
Comprehensive Metropolitan Strategy
Affordable Housing
Workforce Training
Small Business Assistance
Export Strategy
Upgrading Roads and Rail 8

9. Integrated Investment by Federal Government, States and Others
White House Office of Urban Affairs
HUD Section 8
Department of Labor Workforce Investment Act
Small Business Administration Loans
Department of Transportation SAFETEA-LU Programs
Department of Commerce International Trade Administration
HUD Section 8
Dept. of Labor Workforce Inv. Act
Small Business Admin. Loans
Dept of Commerce Int’l. Trade Admin.
Dept. of Transpo. SAFETEA-LU Programs
Cross-Agency Regional Teams
Pooled and Flexible Funding
Support for Regional Capacity Building
“New Federalism” Partnership
Develop Innovation- Enabling Infrastructure
Create Effective Public & Civic Culture &
Institutions
Deploy Human Capital Aligned with Job Pools
Enhance Regional Concentrations
Increase Spatial Efficiency
Comprehensive Metropolitan Strategy 9

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