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Can Public Private Partnerships Drive US Growth? - UMD 2015 Project Management Symposium
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Thanks everyone who attended this session at the 2015 Project Management Symposium at the University of Maryland. It was a pleasure and an honor to have the opportunity to lead this session. Description In August 2013, experts at McKinsey spent several months investigating catalysts with the potential to revitalize the US economy. They identified five areas with particular promise for creating jobs and setting the US economy on a higher long-term trajectory. This session revisits these five areas and discusses what’s working and what is not yet paying off. About the Speaker: Hector Del Castillo, CPM, CPMM Hector helps executives, senior managers and entrepreneurs transform ideas into a great business. He has launched over 30 global products resulting in over $200M in achieved sales revenue. He has over 15 years of experience aligning business + marketing + product strategies and creating new revenue streams to thrust companies to the next level of growth. Connect: http://linkd.in/hdelcastillo Upcoming Workshops Personal Brand Deep Dive, Saturday, June 20th, Launch Workplaces, Tysons This session will allow you to craft a compelling brand statement to find your next career opportunity. Register: http://bit.ly/branddive609 Winning Business Model Deep Dive, Thursday, June 25th, Launch Workplaces, Tysons This session will allow you to develop or polish a viable business model to fund your company. Register: http://bit.ly/bmdive611
Can Public Private Partnerships Drive US Growth? - UMD 2015 Project Management Symposium
- It was a pleasure and an honor to serve as speaker at the 2015 Project Management Symposium at the University of Maryland. Thanks everyone who attended this session.
- Introduction In August 2013, experts at the McKinsey Global Institute spent several months investigating catalysts with the potential to revitalize the US economy. They identified five areas with particular promise for creating jobs and setting the US economy on a higher long-term trajectory. This session revisits these five areas and discusses what’s working and what is not yet paying off.
- Five Game Changers Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013 1 Based on a partial-equilibrium analysis that estimates first-order effects; cannot be summed together to calculate full economic impact 2 Data are for retail and manufacturing sector only; Big data may also yield cost savings in government services and healthcare, but these do not translate into national GDP
- US GDP by Industry Industry GDP value added $ billions 2011 % of total GDP Real estate, renting, leasing 1,898 13% State and Local Government 1,336 9% Finance and Insurance 1,159 8% Health/Social Care 1,136 8% Durable Manufacturing 910 6% Retail Trade 905 6% Wholesale Trade 845 6% Non-durable Manufacturing 821 6% Federal Government 658 5% Information 646 4% Arts, Entertainment 591 4% Construction 529 4% Waste Services 448 3% Other services 447 3% Utilities 297 2% Mining 290 2% Corporate Management 284 2% Education services 174 1% Agriculture 173 1% Total 15,075 100%
- Energy
- Replacing inexpensive, but dirty energy sources
- Trade
- Reversing the US trade deficit
- Big Data
- Harnessing big data analytics to guide critical investment decisions
- Infrastructure
- Hidden roadblocks in public-infrastructure projects
- Talent
- Provide better education and workforce training
- Estimated Share of Investment Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013 A majority of the investment to realize each game changer will come from the private sector and state and local governments
- KEYS TO SUCCESS
- 1. Cooperate in developing industry standards Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013
- IEEE Internet of Things (IoT) Working Group
- 2. Build new types of partnerships Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013
- GE-NFL-NIST Partnership to fund open innovation projects to eliminate sports-related head trauma Source: www.nist.gov/mml/20150129_head_health.cfm
- 3. Drive local change Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013
- Inter County Connector Project WMATA Silver Line
- 4. Step out of your comfort zone Source: “Breaking the US Growth Impasse,” McKinsey Global institute, August 2013
- Disrupt yourself, or be disrupted by someone else
- Turn your ideas into a great business! Business Model Deep Dive Thursday, June 11th 5:30 - 9:30 p.m. Tysons,VA Earn 4 PDU’s. Sign up by June 1st to take advantage of early bird discount. http://bit.ly/bmdive611
- Find your next opportunity! Make a great first impression! Improve your relationships! Personal Brand Deep Dive Saturday, June 20th 5:30 – 9:30 p.m. Tysons,VA Earn 4 PDU’s. Sign up by June 1st to take advantage of early bird discount. http://bit.ly/branddive609
- Want to turn your ideas into a great business? Business Model Innovation Challenge Hosted by Hector Del Castillo Visit: http://play.make.me/ibmc611
- Looking to strengthen your personal brand? CraftYour Personal Brand Challenge Hosted by Hector Del Castillo Visit: http://play.make.me/pbc620
- Thank You