1. ted@econleadership.com

2. I Have Nothing Profound the Say …except, many of the things we all used to know we knew, have changed Think

3. Today’s New “Place” Reality The economy changed The competition changed Locational factors changed The U.S. workforce has changed The talent demands changed Customer (talent & companies) demands/expectations changed The pace of change and everything else changed

4. How Is The Economy?

5. Corporate Profits at All Time High

6. Stock Market at All Time High

8. Housing Price Index- Inflation Adjusted Source: Calculatedriskblog.com

9. Stagnation of wages and slow growth of jobs Wide disparity between people and places

10. So What Are Some Economic Facts?

11. Annual U.S. Employment Change Source: BLS Nov 2013

12. Annual U.S. Employment Change By Sector March 2013 to March 2014 Source: BLS April 2014

13. Southern States 1-Year Employment Changes Feb 2013 to Feb 2014 Source: U.S. BLS, Dec, Measured Feb 2013- Feb 2014

14. Southern States 1-Year Employment Changes Source: U.S. BLS, March 2014, Measured Feb 2013 to Feb 2014

15. NC Employment Change By Sector Feb 2013 to Feb 2014 Source: BLS April 2014

17. NC Employment Growth Source:NCESC.com Jan Annual Employment

18. “Everyone has a plan ‘till they get hit in the mouth” Mike Tyson

19. The Punch- Job Change 1990 to 2012 Source: NCESC.com The loss of about 80% of our traditional manufacturing jobs

20. NC Employment Changes By Sector 2000-2012 Source: QCEW County Sector Data Employees on nonfarm payrolls by state and selected industry sector, seasonally adjusted

21. Employment Change January 2008 to January 2014 Source: NCESC.com

22. Southern States Per Capita Income 1990-2012 (% Different from Nation Change) Source: bber, University of New Mexico U.S. Change 120.6% Inflation 73%

23. NC Per Capita Income Compared to U.S. 1990-2012 Source: bber, University of New Mexico

24. GDP/Capita Changes in the NC 1997- 2011 Source: BEA, Oct 2012

25. Contextualizing Change

26. A “Place-Based” Strategy 26 Where You Are, Your Current Reality Where You Desire To Be Direction, or Compass is driven by the Vision, Mission and Core Values of the organization or place Context is determined by the conversion of comparative and longitudinal data into information that can be used as knowledge Change is the group of factors, outside your control, that influences your future, global trends, demographic shifts, changing technology Choices of Intentional Actions To Move From Here To There Change Compass Context GoalsActions Metrics Action Plan What actions will we undertake? Who will be responsible for those actions? What resources do we need to be successful? Where will those resources come from? When will each action start and be completed? What results do we expect? How will those results be evaluated, and; How will we monitor the plan and continuously update it? Leadership Information Curation

27. “No one born after the turn of the century has ever known anything but a world uprooting its foundations, overturning its values and toppling its idols.” Peter Drucker 1957

28. Big Trends

29. Urbanization

31. U.S. Population Concentration Metro-Non-Metro Source: Census 80% Almost 60% of US population lives in Cities of 1 million or more In 2012 over 90% of GDP and 86% of all jobs are in metropolitan areas

35. Southern States % of Population Rural & Small Cities 2010 Source: U.S. Census 2010, Daily Yonder 2012

36. 2013 Ranking for NC Metropolitan and Metropolitan Statistical Areas Of 366 Metropolitan Areas Top Third (7) Middle Third (3) Bottom Third (4) Of 576 Micropolitan Areas Top Third (8) Middle Third (4) Bottom Third (14) Source: Policom.com, 2013

37. Global Interdependence

39. State Goods % Exports Growth 2010-2013 Source:2010-2013 data from U.S. Census and Foreign Trade

40. Technology

42. McKinsey & Company Disruptive Technologies: May 2013 Energy Mobile Internet Advanced Materials Next Generation Genomics Robotics, Cloud, Digital-intel, 3D Printin g

44. The Talent Bar Is Rising

45. US Adults Years School Completed In 1980, 32% had some college & 17% BA In 2010, 56% some college & 30% BA Source: U.S. Census

47. Creative Work Routine Work Outsourced Routine Work Machines Routine Work Source: National Center on Education and the Economy, Tough Choices or Tough Times, 2007 Work Shifts

50. “What is different now is the nature of jobs going away has changed…the type of jobs affected have moved up the income distribution.” Peter Diamond MIT Economist 2010 Nobel Prize Winner

52. Source: Economicmodeling, Joshua Wright, Oct 3, 2013

53. Local policy could be worsening the hollowing out of the job market. Data Source: Federal Reserve Bank of Kansas City

54. Southern States Percentage of New Jobs 2010-2013 Paying Middle Wage Source: The Atlantic, Joshua Wright, Oct, 2013

55. So What…

57. June 24 th and 25 th at RTP

58. Commercialization must come from the top of the university. A culture of change towards entrepreneurship and risk-taking must occur on all levels of the university. A centralized point of contact, for industry looking for university invention Restructure teaching structures by pushing beyond the standard seat-in-a-classroom, semester- organized, graduate in four years model

59. Centers and programs that stretch across traditional academic boundaries Incubators and/or accelerators for student and faculty startups, and business plan competition with sizable cash awards. Entrepreneurship programs that permeate the university with entrepreneurial opportunities.

60. “Do what you have, with what you have, where you are.”

63. “ Leadership and learning are indispensable to each other.” John F. Kennedy ted@econleadership.com