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Why do Business Clusters work
 in a remote working world?
            Jay Cooper
     MD, BLOOM Social Business
             (Brighton)


          WWW.BLOOMSOCIALBUSINESS.COM
WHY	
  IS	
  THIS	
  
RELEVANT?	
  
What you will learn

1.  The 3 elements of a successful business
    cluster

2.  Why do we work together?

3.  Why does this apply in Digital?


                WWW.BLOOMSOCIALBUSINESS.COM
1. The 3 key elements of a
     business cluster




       WWW.BLOOMSOCIALBUSINESS.COM
Definition of a Cluster
                           "   “Geographic
                               concentrations of inter-
                               connected companies,
                               specialised suppliers,
                               service providers, firms
                               in related industries, and
                               associated institutions in
                               particular fields that
                               compete but also co-
                               operate.”

                           "   Professor Michael Porter,
                               Harvard et al.

            WWW.BLOOMSOCIALBUSINESS.COM
If you want to locate a store find a
successful butchers…

  John	
  James	
  
   Sainsbury,	
  
 Holborn	
  circa	
  
     1869	
  	
  




                        WWW.BLOOMSOCIALBUSINESS.COM
Fast forward 100 years…
 Lord	
  Sainsbury	
  at	
  
  the	
  DTI	
  in	
  2000	
  
Business	
  Clusters	
  in	
  
   the	
  UK:	
  a	
  first	
  
    assessment	
  




                                 WWW.BLOOMSOCIALBUSINESS.COM
"   You’ve got the brains, I’ve
              got the cash…let’s go!




WWW.BLOOMSOCIALBUSINESS.COM
The 3 elements of a successful
cluster
(or takes three things to
  start a fire)

1.  Heat (or the spark)
2.  Oxygen
3.  ???




                   WWW.BLOOMSOCIALBUSINESS.COM
The 3 elements of a successful
cluster
(or it takes three things to
  start a fire.

1  Heat (or the spark)
2  Oxygen


3  Fuel


                    WWW.BLOOMSOCIALBUSINESS.COM
What’s the Fuel?




           WWW.BLOOMSOCIALBUSINESS.COM
Fuel = Talent




            WWW.BLOOMSOCIALBUSINESS.COM
2. Why do we work together?




        WWW.BLOOMSOCIALBUSINESS.COM
Why does Talent come to Brighton?

              Collaboration



     Business reputation
                                                                                                          Yes
                                                                                                          No
                   Commute
                                                                                                          Perhaps


                      Lifestyle


Source:	
  BLOOM	
                0	
     1	
     2	
     3	
     4	
     5	
     6	
     7	
     8	
  
Social	
  Business	
  April	
  
2012	
  
                                            WWW.BLOOMSOCIALBUSINESS.COM
Working together is better than
working alone.


                           "     Knowledge sharing
                           "     Learning together
                           "     Group problem-solving
                           "     Helping each other get
                                 unstuck




            WWW.BLOOMSOCIALBUSINESS.COM
But some people work better on their
own…
"   “If you find yourself
    thinking that working
    alone would be better
    than working for your
    company, then the
    company isn't
    achieving its goal (and
    perhaps
    you should work alone,
    or for a different
    company)”                             Bruce	
  Eckel,	
  Programming	
  
                                          Author	
  and	
  introvert.	
  

                   WWW.BLOOMSOCIALBUSINESS.COM
3. Why does this apply in
        Digital?




       WWW.BLOOMSOCIALBUSINESS.COM
We succeed together, and we fail
together…




            WWW.BLOOMSOCIALBUSINESS.COM
I succeed on my own, I fail on my
own




            WWW.BLOOMSOCIALBUSINESS.COM
In summary
"  Business clusters work when the three
   elements are in place.
"  We work together to grow and win; we work
   apart when there there is no common goal.
"  In Digital, it works because we came together
   not because we did it alone.




                WWW.BLOOMSOCIALBUSINESS.COM
THANK	
  YOU	
  

More	
  thinking:	
  
www.bloomsocialbusiness.com	
  

TwiYer:	
  
@BLOOMWorldwide	
  
@jaycoopertweets	
  

LinkedIn:	
  
jaycooperlondon	
  

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Why Do Business Clusters Work in a Remote Working World?

  • 1. Why do Business Clusters work in a remote working world? Jay Cooper MD, BLOOM Social Business (Brighton) WWW.BLOOMSOCIALBUSINESS.COM
  • 2.
  • 3. WHY  IS  THIS   RELEVANT?  
  • 4. What you will learn 1.  The 3 elements of a successful business cluster 2.  Why do we work together? 3.  Why does this apply in Digital? WWW.BLOOMSOCIALBUSINESS.COM
  • 5. 1. The 3 key elements of a business cluster WWW.BLOOMSOCIALBUSINESS.COM
  • 6. Definition of a Cluster "   “Geographic concentrations of inter- connected companies, specialised suppliers, service providers, firms in related industries, and associated institutions in particular fields that compete but also co- operate.” "   Professor Michael Porter, Harvard et al. WWW.BLOOMSOCIALBUSINESS.COM
  • 7. If you want to locate a store find a successful butchers… John  James   Sainsbury,   Holborn  circa   1869     WWW.BLOOMSOCIALBUSINESS.COM
  • 8. Fast forward 100 years… Lord  Sainsbury  at   the  DTI  in  2000   Business  Clusters  in   the  UK:  a  first   assessment   WWW.BLOOMSOCIALBUSINESS.COM
  • 9. "   You’ve got the brains, I’ve got the cash…let’s go! WWW.BLOOMSOCIALBUSINESS.COM
  • 10. The 3 elements of a successful cluster (or takes three things to start a fire) 1.  Heat (or the spark) 2.  Oxygen 3.  ??? WWW.BLOOMSOCIALBUSINESS.COM
  • 11. The 3 elements of a successful cluster (or it takes three things to start a fire. 1  Heat (or the spark) 2  Oxygen 3  Fuel WWW.BLOOMSOCIALBUSINESS.COM
  • 12. What’s the Fuel? WWW.BLOOMSOCIALBUSINESS.COM
  • 13. Fuel = Talent WWW.BLOOMSOCIALBUSINESS.COM
  • 14. 2. Why do we work together? WWW.BLOOMSOCIALBUSINESS.COM
  • 15. Why does Talent come to Brighton? Collaboration Business reputation Yes No Commute Perhaps Lifestyle Source:  BLOOM   0   1   2   3   4   5   6   7   8   Social  Business  April   2012   WWW.BLOOMSOCIALBUSINESS.COM
  • 16. Working together is better than working alone. "   Knowledge sharing "   Learning together "   Group problem-solving "   Helping each other get unstuck WWW.BLOOMSOCIALBUSINESS.COM
  • 17. But some people work better on their own… "   “If you find yourself thinking that working alone would be better than working for your company, then the company isn't achieving its goal (and perhaps you should work alone, or for a different company)” Bruce  Eckel,  Programming   Author  and  introvert.   WWW.BLOOMSOCIALBUSINESS.COM
  • 18. 3. Why does this apply in Digital? WWW.BLOOMSOCIALBUSINESS.COM
  • 19.
  • 20. We succeed together, and we fail together… WWW.BLOOMSOCIALBUSINESS.COM
  • 21. I succeed on my own, I fail on my own WWW.BLOOMSOCIALBUSINESS.COM
  • 22. In summary "  Business clusters work when the three elements are in place. "  We work together to grow and win; we work apart when there there is no common goal. "  In Digital, it works because we came together not because we did it alone. WWW.BLOOMSOCIALBUSINESS.COM
  • 23. THANK  YOU   More  thinking:   www.bloomsocialbusiness.com   TwiYer:   @BLOOMWorldwide   @jaycoopertweets   LinkedIn:   jaycooperlondon