Michigan Oracle User Summit Keynote

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Information about Michigan Oracle User Summit Keynote
Business & Mgmt

Published on November 22, 2008

Author: factotem

Source: slideshare.net


David C. Bloom's industry-keynote address from the 2008 Michigan Oracle User Summit

Entrepreneurialism 3.0: The Network Is The Corporation David C. Bloom Factotem Inc 1

Agenda • Release Notes • Entrepreneurship • Report Card • Flatteners • Networks • About Spark 2

Release Notes • Entrepreneur v1.0: “Build the Corporation” • Legal entity, limited liability • Issue Shares to Stakeholders • Sustainable Value Proposition • Entrepreneur v2.0: “Network the Corporation” • Value Chains / Value Webs • JV’s, Licensing, Outsourcing • Entrepreneur v3.0: “Remove the Corporation” • Talent trumps Capital • Singles, not Dingers • Cluster Economics 3

Test your Entrepreneurialshipitudenessity • Name three hot new businesses in your community. • Tell your friends, “Hey, I’m starting my own business.” • Tell your parents. • Your company closes. Now what? • You have to sit through some boring economic development presentation with words like Entrepreneurialshipitudenessity. 4

Reality • Employees are Contractors • Products are Services • Vendors are Partners • (This is the only slide that really matters. If you have to go out in the hall to make an important call, you can leave now.) 5

Attributes 6

Entrepreneurial Report Card • Technology • Talent • Capital • Infrastructure • Culture 7

Technology • 1998: B • 2008: A • Progress with U-M Technology Transfer • Named one of the 10 Best Communities for Innovation 8

Talent • 1998: D • 2008: C • Management Talent lags Scientific Talent • Innovation is a Team Sport, not a game for Individual Contributers 9

Capital • 1998: D • 2008: C • Ranking improved! Was #37/50 states Now #20/50 states • Pre-Seed, A-Round ok B/C round is still a problem 10

Infrastructure • 1998: D • 2008: B • Then: hard to find an attorney who could even draw up a term sheet • Now: Michigan Business Tax is a big improvement over the former Single Business Tax 11

Culture • 1998: E • 2008: C • Then: toxic cocktail of risk- aversion, judgmental attitude and sense of entitlement • Now: Economic Reality is a Mutha of Invention, still too much discuss, not enough do 12

Friedman’s Flatteners • #6: Outsourcing -so companies can focus service functions splits manufacturing and • #7: Open Sourcing - “the most disruptive force of all” • #8 Workflowcollaboration platform for Software - creates a global • #9: The Web - lowers barriers, intimately culture - broadly, instantly and disseminates • #10:the economicWar - Former Soviet states join End of Cold mainstream 1 13

Friedman’s Flatteners • #1 quot;The Steroidsquot; - mobilefor the message PDAs, IM,VoIP - the media phones, iPods, • #2: “In-forming”make “research” mainstream search engines - (another Friedmanism) • #3: Insourcing - shifting workloads between trading partners • #4: Supply Chaining streamlines sales, distribution, and shipping • #5: Offshoring - creates the impetus for global economic integration 1 14

Design Specification 15

Over-built, Under-tested 16

Topology is Physiognomy 17

Nodes and Vectors 18

Nodes and Vectors • Particle/Wave Duality • Ford vs. Cisco approach • Challenge #1: focus on the connections - “what flows, grows” • Challenge #2: avoid barriers - “route around damage” • Challenge #3: identify emergent opportunities - replace “wtf ” with “what if?” 19

The Network is the Corporation 20

The Network is the Corporation 20

Network Design 21

Network Design 21

About Ann Arbor SPARK • Merger of Washtenaw Development Council, IT Zone and SPARK • Public-Private partnership among academia, business, government, and not-for- profit organizations • Governed by a dynamic board of directors • Powered by 15.4 FTE economic developers and support staff (I’m the “.4”) 22

Guiding Principles • High-value, knowledge- intensive workforce • Innovation in products, services and delivery • Proactive, not reactive • “Ann Arbor USA” brands the entire region • Statewide programs in Open Source Economic Development 23

Targeted Industry Sectors • Automotive Manufacturing and Materials • Aerospace Engineering and Manufacturing • Cleantech • Homeland Security and Defense • IT / Software • Life Sciences • Optics / Measurement • Printing and Publishing 24

Thank You! David C. Bloom david@annarborusa.org 25

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