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Design and Economic Development

Date post: 18-Jun-2015
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My 3 slide presentation at NORED (Northwest Ohio Regional Economic Development), July 10, 2014. How I am defining DESIGN and its important to business. Which audiences we can design experiences for. Ideas for using design to improve the Toledo regional economy. See http://trep.org/2014/08/31/notes-from-design-ed-presentation/ for speakers notes for each slide.
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Keith Instone [email protected] @TRExPlan Design Digital Hardware + Software + Services = Experiences Physical Products + Services = Systems Built Infrastructure + Buildings = Spaces OLD NEWS (1977) “Good design is good business.” - Thomas J. Watson, IBM RECENT REMINDERS “Design is not just what it looks like and feels like. Design is how it works.” - Steve Jobs, Apple CEO ECONOMIC DRIVER “Design-centric companies...outperformed the S&P 500 by a significant margin.” - DMI article, 2014
Transcript
Page 1: Design and Economic Development

Keith Instone [email protected] @TRExPlan

DesignDigital

Hardware + Software + Services =Experiences

PhysicalProducts + Services = Systems

BuiltInfrastructure + Buildings =Spaces

OLD NEWS (1977)“Good design is good business.” - Thomas J. Watson, IBM

RECENT REMINDERS“Design is not just what it looks like and feels like. Design is how it works.” - Steve Jobs, Apple CEO

ECONOMIC DRIVER“Design-centric companies...outperformed the S&P 500 by a significant margin.” - DMI article, 2014

Page 2: Design and Economic Development

Keith Instone [email protected] @TRExPlan

Economic Development Audiences to Design for

ED professionals

Site selectors

Capital investors

Business leaders (outside region)

Business leaders (in region)

Talent/workforce

Entrepreneurs

Residents

Page 3: Design and Economic Development

Keith Instone [email protected] @TRExPlan

Improving the regional economy

Raise design maturity of companies in region

Corporate operations (e.g., collaboration)

New products & services (“innovation”)

Design service-providers (serving region & competing globally)

Design founders for start-ups (with Rocket Ventures)

Grow design culture & community within region

Develop, attract, retain design talent

Design identity? Traditional manufacturing + digital, tech (“New Manufacturing Economy”)


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