Framework for a Local Economy

Framework for a Local Economy

• 1.
  Framework for aLocal EconomyCommunity ConversationsGrey-to-Green FestivalSeptember 11 and 25, 2010
• 2.
  Questions We’re Goingto AddressWhat is a local economy?How does one participate in a local economy?What is a business model?What is a business ecosystem?How do resources flow in a business ecosystem?How does one implement a local economy?
• 3.
  What Is aLocal Economy?Meets the needs of community / neighborhood / rural area membersAddresses Bottom of Maslow’s “Hierarchy of Needs”PhysiologicalAirWaterFoodShelter / ClothingFuel / EnergySafetySecurityHealthEducationPaid Work
• 4.
  Maslow’s Hierarchy ofNeeds
• 5.
  How Does OneParticipate in a Local Economy?BuyBelieveAdvocateAdministerInvest
• 6.
  What Is aBusiness Model?Shows how an organization:Focuses on who is in the center – the product or the peopleGenerates enough revenue to cover or exceed expensesUtilizes local assets and resources without losing themLinks throughout the value chain to solve the “last mile” problem and meet needsEVERYONE has one!
• 7.
  What Is aBusiness Ecosystem?Integrates work flow with resource flow with resultsFacilitates transactions for liquidity, value, and incentiveMoney / currencyAlternative currencies, couponsTime bankingCarbon credits, renewable energy creditsVolunteeringEmployment / ContractingTargets “needs met” as the success metricsCaloriesKilowattsGallonsCubic FeetUnits
• 8.
  How Do ResourcesFlow in a Business Ecosystem?Maps – What do we have and where is it?Models – How do the pieces fit together?Information – How do we see what’s going on?Know-how – What do we do now?Portfolio – How should we invest in our community / neighborhood / rural area?
• 9.
  How Does OneImplement a Local Economy?Establish Collaborative StructurePolicy CouncilBuying ClubCommunity Cooperative (Food, Energy, Housing, etc.)Conduct Asset InventoryTarget “Needs Met” MetricsIdentify Where, When, and How People Can ParticipateTime and IntelligenceDevelop and Execute Plans to Meet Needs through Participation and Utilization of AssetsApply Value-Based Incentives for Participation25% in for 75% Leverage
• 10.
  The Starfish andthe Spiderby Rod Beckstrom and OriBrafmanHow Tea Party Organizes Without Leaders – National Journal Magazine
• 11.
  We Build theRoad as We Travelby Roy MorrisonMondragon, A Cooperative Social System
• 12.
  “We Are Enteringthe Century of the Small…”Jack Ma: Alibaba Group