Carol Sanford and Joel Glanzberg on Chautauqua, KVNF, Public Radio. We explore the meaning of Story of Place® in creating Developmental Economies® and regenerating communities.

“Developmental Economies®” (DE) involve the Business community in a different and more effective way. DE is a way of improving the vitality and viability of existing business and creating and incubator for new businesses that extend the uniqueness of the region and its “vocation”. Every PLACE has a uniqueness and out of that comes an opportunity to create unique value-adding (rather than value-added) offerings that cannot be copied and as a result become valued in the region and beyond for their uniqueness and distinctiveness that mirrors the PLACE itself. The cities where this has happened, for examples Portland OR, Curitiba, Brazil, have increased greatly the wealth and prosperity of a place and overcome the hazards that traditional economic development causes. It also makes a more cohesive community within its diversity of creativity. You can stream it or download it for listening to later.

by youngrobv (Rob & Ale)

Throughout history, countries that have shipped their raw materials to other counties for processing have lost out to the converters. The further along the conversion process a company is, in adding value, the more viable it is through time. Nations, and the businesses in them by and large, become stable and wealthy because they can make and provide goods and services, not because they own a source of basic commodities. Even with soaring international prices, the amount of income generated by mineral resources in a modern advanced economy remains relatively low compared to the converted products into which they are made. The tendency is to seek efficiencies for a competitive advantage, leaving other nations and businesses to make the real wealth off the resource. This is a losing strategy in the long run, and the long run is getting closer every day. More

I was honored to be asked to kick off MIT Sloan sustainability series. Jeffrey Immelt, CEO of General Electric, followed me a few months later. He talks about what a business can do with its business practices to reverse the problems that business has created. In my talk, I am asking businesses to see themselves as part of a living system, and to learn to be a integral aspect of the working of that system. In other words, Immelt is talking about problems and I am talking about potential–both are important, but it is important to know what they can each produce.

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