>>>TONIGHT, A SPECIAL EDITION
OF MIWEEK FROM THE CEO SUMMIT. AND DETROIT’S BANKRUPTCY PLAN
HAS BEEN APPROVED, BUT WHAT ARE THE NEXT STEPS FOR THE CITY?
MIWEEK STARTS RIGHT NOW!>>>GOOD EVENING AND
THANKS FOR JOINING US, I’M CHRISTY MCDONALD.
TONIGHT MIWEEK IS COMING TO YOU FROM THE WESTIN BOOK CADILLAC
HOTEL IN DETROIT, THE SITE OF THE BUSINESS LEADERS
FOR MICHIGAN CEO SUMMIT. WE’LL SIT DOWN WITH SOME
OF THE CEOS PARTICIPATING AND TALK ABOUT MICHIGAN’S FUTURE
IN A GLOBAL MARKETPLACE. PLUS A DECISION IN DETROIT’S
BANKRUPTCY, BUT WHEN WILL THE PLAN TAKE EFFECT?
AND THAT’S WHERE WE START TONIGHT.
JUDGE RHODES APPROVED THE CITY’S PLAN OF ADJUSTMENT, AND
SAID WHAT HAPPENED IN DETROIT MUST NEVER HAPPEN AGAIN.
WHILE THE PLAN HAS BEEN APPROVED THE DATE IT WILL
TAKE EFFECT REMAINS UNCLEAR. THERE WILL BE ANOTHER COURT
HEARING ON NOVEMER 24. SO WHAT HAPPENS NEXT?
HERE TO WEIGH IN ON THAT, NOLAN FINLEY, THE EDTIORIAL PAGE
EDITOR OF THE DETROIT NEWS AND NANCY KAFFER, DETROIT FREE
PRESS COLUMNIST SITTING IN FOR STEPHEN HENDERSON.
>>IT’S GOOD TO SEE YOU, THIS IS OUR FIRST SHOW SINCE
THE DECISION THAT WAS MADE LAST WEEK, IT FEELS LIKE THAT SHOULD
BE THE TIME WE SIT AND TAKE A SIGH OF RELIEF, BUT KNOWING
THERE’S TREMENDOUS WORK AHEAD.>>AND I GUESS THAT’S THE THING,
EVERYBODY IS REALLY EXCITED THAT THIS BANKRUPTCY WAS ABLE
TO END SO QUICKLY, AND CLEANLY. NO APPEALS, NO FURTHER
LITIGATION WE HOPE. BUT NOW THE CHALLENGE
IS MAKING IT WORK. THE GROUND IS THERE FOR IT,
SO THE FOUNDATION IS THERE. THERE’S A LOT OF EXTRA MONEY
FREED UP BY THIS BANKRUPTCY TO IMPROVE THE CITY SERVICES
AND IMPROVE QUALITY OF LIFE. BUT THE BASIC CHALLENGE REMAINS,
HOW DO YOU HANG ON TO YOUR RESIDENTS AND HOW TO OPERATE
IN AN EFFICIENT TRANSPARENT MANNER AT CITY HALL?
>>BEFORE WE TACKLE THOSE QUESTIONS OF WHAT DETROIT DOES
NOW, IT’S IMPORTANT TO TAKE A STEP BACK AND SAY, DO YOU
THINK WE’LL SEE A BANKRUPTCY LIKE WHAT HAPPENED
IN DETROIT IN THE COUNTRY?>>LORD, I HOPE NOT.
IT’S ON THE MEASURE OF HOW BANKRUPTCY CAN GO, WE LOOK
AT THIS AND SAY THIS WAS A CLEAN PROCESS.
IT WAS. COMPARED TO OTHERS, THIS WAS
ALMOST INCREDIBLY FAST, WE WERE AT ONE TIME, VERY —
TOOK SOME REAL CUTS, WE’LL BE SIGNIFICANTLY MORE
HARMED THAN THEY WERE, AND THEY CAME OUT BETTER THAN
WE THOUGHT THEY WOULD. THIS IS A PAINFUL PROCESS,
AND YEAH, I HOPE IT DOESN’T HAPPEN AGAIN.
>>IT’S INTERESTING, I THINK YOU HAVE TO BALANCE TONE
OF REACTION, ALMOST TO THIS DECISION.
IT’S NOT JUBILATION OR CELEBRATION, BUT MORE LIKE OKAY,
WE’VE GOTTEN THROUGH THIS PROCESS NOW AND NOW
THE HARD WORK BEGINS. WHAT WOULD YOU SAY ARE THE TOP
THREE THINGS THAT DETROIT NOW AND THE LEADERSHIP HAS TO DO?
>>COME A LIVABLE CITY, YOU CAN’T LOSE ANY MORE RESIDENTS,
WE HAVE TO BE AT THE BOTTOM OF THE POPULATION DECLINE, THAT
BEGAN 50, 60 YEARS AGO, YOU HAVE TO GROW THE
POPULATION AND BUSINESS BASE. WE NEED REVENUE COMING
INTO THE CITY. OTHERWISE, TEN YEARS FROM NOW
THE MONEY THAT’S FREED UP BY THIS BANKRUPTCY EVALUATION, THE
DEBT, THAT’S GOING TO BE GONE. AND DETROIT IS GOING TO HAVE
SIMILAR CHALLENGES STILL.>>IT’S EASIER SAID THAN DONE,
YOU TALK ABOUT GROWING A POPULATION AND THE TAX BASE,
CAN DETROIT SETTLE FOR HOLDING RIGHT NOW?
>>WE’LL KEEP LOSING POPULATION NOW, WE DON’T EXPECT THAT TO
STOP THE NEXT SEVERAL YEARS. WE’LL EVENTUALLY PREDICT IT’LL
LEVEL OUT, THE LAST REPORT WAS WE’RE 680,000 RESIDENTS, MAYBE
LEVEL OFF AT 500,000. WE KNOW WE CAN’T AFFORD TOO
LOSE THEM BUT WE’RE GOING TO. THE PUBLIC SCHOOLS ARE
IN A TERRIBLE STATE. THE STATE EDUCATION HAS NOT
HAD THE RESULTS THAT FOLKS HOPED IT WOULD HAVE YET.
IT’S STILL KIND OF EARLY FOR THEM, THERE’S A POSSIBILITY
OF THE RESULTS. WE’VE GOT CHARTERS WHICH
HAVE NOT HAD THE ACADEMIC ACHIEVEMENT IN THE CITY.
SOME SCHOOLS ARE DOING REALLY GOOD.
ALL THIS HAS TO GET FIXED, OR THE NEW RESIDENTS WILL LEAVE.
ANYONE WHO CAN’T AFFORD TO SEND THEIR KIDS TO A PRIVATE SCHOOL,
AND IT’S NOT PLENTIFUL IN THE CITY.
THERE’S NOT REALLY GOOD OPTIONS, OR — I DON’T THINK THAT
ANYBODY HAS A FULLY DEVELOPED PLAN TO MAKE THAT HAPPEN.
>>AND ON THE LIST, IT SEEMS LIKE THEY’RE FAR DOWN THE LIST,
IN TERMS OF WE HAVE TO MAKE SURE THE IT SYSTEM IS IN PLACE.
>>AND THEY HAVE BEEN, AND THEY WERE PART OF THIS BANKRUPTCY
AND THE DISCUSSION AT ALL. BUT —
>>WAS THAT WRONG, IT SHOULD HAVE BEEN?
>>THEY WEREN’T THE BANKRUPTCY IN TERMS OF THE FINANCIAL
DEMAND, BUT THEY ARE IN TERMS OF REBUILDING A CITY AND NOBODY
SEEMS TO HAVE THE ANSWER. IT’S SOMETHING THAT
NOBODY WANTS TO MAKE UP. NOBODY HAS AN ANSWER HERE, AND
THERE’S BEEN PRESSURE AND SUGGESTIONS, WE TURN IT OVER TO
MAYOR, AND LET HIM DO IT. I REMEMBER WHEN THERE’S PRESSURE
TO TURN IT OVER TO KILPATRICK.>>THERE’S A PLAN TO CENTRALIZE
THE SCHOOL’S ENROLLMENT AND ACCOUNTABILITY, UNDER THE
CENTRAL AUTHORITY, ONE OF THE THEORIES IS DUGGEN WOULD RUN
THAT AND THAT’S AN INTERESTING IDEA, BUT GETS US PART OF WHERE
WE NEED TO GO, BUT IT DOES NOTHING TO AFFECT THE BUDGET
PROBLEM, THEY’RE SUPPOSED TO HAVE $127 MILLION SHORT FALL OR
DEFICIT IN THE LAST YEAR, THE OPERATING BUDGET SHORT FALL,
AND THEY HAVE SERIOUS FINANCIAL PROBLEMS AND A TON OF
DEBT AND ABSENCE OF CASH. MORE ACCOUNTABILITY, AWESOME,
HOW DO YOU DEAL WITH A SERIOUS BUDGET THAT PREVENTS YOU
TO PROVIDE THE SERVICES YOU NEED TO GIVE?
THE EMERGENCY MANAGER IN CHARGE OF DPS, HIS CONTRACT IS
SET TO EXPIRE IN JANUARY. WE’LL SEE A MOVE, PROBABLY
NOT A BIG THING, BUT SOMETIME IN JANUARY WE’LL HAVE TO SEE
SOMETHING, I DON’T GET THE SENSE THAT ANYONE IS EAGER TO
APPOINT ANOTHER EM, OR A NEW MECHANISM TO OVERSEE DPS.
>>THE OVERSIGHT HAS TO MOVE FROM THE DETROIT POLITICAL
PROCESS, OR YOU’LL NEVER IMPROVE THE DETROIT SCHOOLS.
DUGGEN WOULD BE A GOOD GUY TO DO IT, MAYBE OR MAY NOT,
BUT HE’S NOT MAYOR FOREVER. WHATEVER YOU PUT IN PLACE,
HAS TO LAST. THE SCHOOLS HAVE CHANGED
GOVERNANCE AND MODELS. BUT YOU HAVE TO — YOU CAN’T
MIRE IN THE DETROIT POLITICAL PROCESS OR
YOU’LL HAVE THE EQUIVALENT OF THE OLD SCHOOL BOARD.
>>THANK YOU VERY MUCH FOR JOINING US.
>>>AND NOW TO OUR OTHER TOP STORY.
THE CEO SUMMIT IS A GATHERING OF NOT ONLY MICHIGAN’S EXECUTIVE
LEADERS, BUT THOSE WHO SPEND THEIR TIME IMMERSED
IN THE GLOBAL MARKETPLACE. IT’S AN OPPORTUNITY FOR
ALL TO SHARE IDEAS TO REACH A COMMON GOAL.
>>IN ITS THIRD YEAR, THE SUMMIT IS BRINGING TOGETHER BUSINESS,
COMMUNITY AND LEADERS TO TALK ABOUT MOVING MICHIGAN FORWARD,
THIS YEAR’S THEME, CHARTING THE COURSE FOR MICHIGAN’S FUTURE,
DOZENS OF CEOS, AND OTHER DECISION MAKERS WILL PARTICIPATE
IN THIS ONE DAY EVENT TO EXCHANGE IDEAS,
NETWORK AND DEVELOP A PLAN TO MAKE MICHIGAN COMPETITIVE.
THE BUSINESS LEADERS FROM MICHIGAN IS A PRIVATE
NONPROFIT ORGANIZATION, STARTED BACK IN 2009, THEIR GOAL
IS TO MAKE MICHIGAN TOP STATE OF THE ECONOMIC GROWTH.
IT’S MADE UP OF CEOS, AND CHAIRPERSONS, FROM MICHIGAN’S
LARGEST COMPANIES AND UNIVERSITIES, ALL SHARING
THE COMMON GOAL, MOVING OUR STATE FORWARD.
AND JOINING US NOW TO GET A SENSE OF HOW COMPETITIVE THE
STATE REALLY IS, PRESIDENT AND CEO OF BUSINESS LEADERS
FOR MICHIGAN DOUG ROTHWELL.>>THE GOAL IS TO MAKE MICHIGAN
IN THE TOP TEN IN TERMS OF JOBS AND ECONOMY, WHERE ARE WE IN
THAT GOAL?>>WE MADE A LOT OF PROGRESS THE
LAST THREE OR FOUR YEARS. WE WERE DEAD LAST IN THE LATE
2000’S, WE’RE APPROACHING THE MIDDLE OF THE PACK, BUT THE
MESSAGE IS THAT’S OKAY, BUT IT’S NOT GOOD ENOUGH IF YOU WANT TO
CREATE MORE GOOD JOBS.>>YOUR ORGANIZATION HELPS SHAPE
THE POLICY WHEN IT COMES TO THE FIXING OF THE BUSINESS CLIMATE.
WHAT’S LEFT TO BE DONE IN THIS? WHAT’S ON THE TOP
OF YOUR PRIORITY LIST?>>YOU PROBABLY GIVE US MORE
CREDIT THAN WE DESERVE. WHAT WE SEE IS WE’VE MADE SO
MUCH PROGRESS IN FIXING THE BALANCE SHEET OF THE STATE.
THERE’S ALWAYS MORE WORK TO BE DONE THERE, THE BIG THINGS ARE
NOW, INFRASTRUCTURE AND PEOPLE. FIX THE ROADS, BUT DO IT RIGHT,
LET’S NOT DO HALF A LOAD AND LET’S MAKE SURE WE HAVE AN
EDUCATED WORK FORCE TO FILL THE JOBS WE’RE TRYING TO CREATE.
>>HOW WELL THE BUSINESS OWNERS ARE IN THE STATE OF MICHIGAN,
WHAT ARE THE CONCERNS FOR YOU, AND WHAT ARE THE SUCCESS
THEY’RE SEEING, WE’RE FINALLY SEEING THIS CHANGE?
>>THE BIGGEST THING IS THEY FEEL THERE’S CONSISTENCY
AGAIN OF HOW THE STATE IS RUN. REMEMBER, YOU GO BACK TO THE
2000S, TWO GOVERNMENT SHUT DOWNS, AND TAXES CHANGED.
THAT’S JUST GET BUSINESS WORKED UP, BECAUSE THEY DON’T KNOW
HOW TO PLAN FOR THE FUTURE. NOW THEY FEEL LIKE THIS IS A
SOLID PLACE TO DO BUSINESS. BUT AS I SAID BEFORE, THEY CAN’T
GET THE PRODUCT TO PEOPLE TO MARKET IF THE ROAD ARE LIKE THEY
ARE, AND CAN’T GET THE JOBS FILLED IF THERE’S NOT ENOUGH
TALENT, THAT’S WHY WE HAVE TO KEEP WORKING.
>>GETTING THE TRANSPORTATION BUILT, AND I DON’T KNOW IN
YOU FEEL THAT’S A POSSIBILITY OR NOT.
BUT CLOSING THE SKILLS GAP AND THAT SEEMS TO BE SOMETHING
THE BUSINESS COMMUNITY HAS A HUGE STAKE IN AND YOU WANT
TO BE HELP WITH. WHAT WILL THE BUSINESS
COMMUNITY PLAY IN TRAINING THE WORKERS IN THE JOBS?
>>THEY’RE ABSOLUTELY DOING IT AND WILL DO MORE.
FOR EXAMPLE, GETTING MORE OF AN EMPHASIS ON THE VOCATIONAL
EDUCATION, BUSINESS WANTS TO PROVIDE COOPS, IF THE SCHOOL
SYSTEM MAKES THAT MORE OF AN EMPHASIS IN THEIR CURRICULUM.
YOU LOOK AT WORKERS WHO ARE IN THE WORK PLACE, BUSINESS IS
GOING TO FUND THE BULK OF THE TRAINING, AND SOME CASES,
YOU DO NEED SOME JUMP START THE EFFORTS.
AND MICHIGAN HAS CUT BACK ON THOSE OVER THE LAST DECADE.
THE NEXT ONE, YOU HAVE TO MAKE COLLEGE MORE AFFORDABLE.
WE KEEP SAYING, HE NEED — WE NEED MORE EDUCATED AND SKILLED
WORKERS, THAT’S WHAT WE HAVE TO DO LAST YEAR, IS FOR THE FIRST
TIME, CUT THE COST OF COLLEGE, BELOW THE RATE OF INFLATION,
YOU DO THAT, YOU’LL GET MORE PEOPLE GOING TO COLLEGE
AND GRADUATING FROM COLLEGE.>>I WANT TO TALK ABOUT
DETROIT AND THE FACT IT’S MERGING FROM BANKRUPTCY.
HOW DOES DETROIT CONTINUALLY EVOLVING STORY AFFECT BUSINESS?
>>IT’S HUGE, AND BUSINESS LEADERS THROUGHOUT STATE,
AND WEST MICHIGAN WAS AS SUPPORTIVE OR MORE.
BUSINESS GETS THAT AND THAT’S WHY EVERYBODY
IS ROOTING FOR THE CITY. WE HAD THE
BOARD MEETING HERE, AND I NEVER SAW A GROUP OF BUSINESS LEADERS
MORE CHARGED UP IN MY LIFE. THESE ARE FOLKS FROM THE STATE.
IT’S GREAT TO SEE THAT WE’VE COME TOGETHER
AND EMBRACE THE CITY.>>THE CITY CAN CAPITALIZE
ON THIS, AND DO WHAT IT NEEDS TO DO.
>>SHORT TERM, OPTIMISTIC, AND THERE’S A CONSENSUS AMONG THE
BUSINESS, TO MAKE IT HAPPEN. I FEEL PRETTY GOOD
ABOUT MIDTOWN AND DOWNTOWN. THE NEIGHBORHOODS ARE WHAT I
WORRY ABOUT AND IT’S RIGHT THAT THE MAYOR IS FOCUSING THERE.
THE BUSINESS FOUNDATION WILL TAKE CARE OF THE DOWNTOWN,
IT’S THE NEIGHBORHOODS WE NEED TO FOCUS ON.
>>THANKS FOR JOINING US , WE APPRECIATE IT.
>>YOU’RE WELCOME.>>>WE HEAR A LOT THESE DAYS
ABOUT BEING COMPETITIVE IN A GLOBAL MARKETPLACE.
ONE MAN WITH HIS HAND ON THE PULSE OF WHAT’S HAPPENING
GLOBALLY IS JONATHAN WOETZEL, DIRECTOR OF THE
MCKINSEY GLOBAL INSTITUTE. SO JONATHAN, HELP US UNDERSTAND
WHY WHAT’S HAPPENING IN CHINA AND OTHER PARTS OF
THE WORLD REALLY MATTERS TO US HERE IN MICHIGAN.
>>THERE ARE A COUPLE OF THINGS THAT ARE IMPORTANT, OBVIOUSLY
IT’S A MARKET, AND CHINA IS THE LARGEST AUTOMOTIVE MARKET.
IT’S A COMPETITOR. WHETHER WE’RE LOOKING AT
COMPONENTS OR FINISHED GOODS FROM CHINA, IT’S
APPEARING IN OUR STORES, EVERYWHERE, IT’S HARD TO BUY
CHRISTMAS TREE LIGHTS IF THEY DON’T COME FROM CHINA.
MARKET AND A COMPETITIVE CHALLENGE.
>>WE HAVE YET TO SEE THE BIG TICKET ITEMS FROM CHINA IN
OUR MARKETPLACE, WHAT WOULD YOU EXPECT THE CHINESE
VEHICLES ON OUR STREETS?>>I THINK IT’S
QUITE A WAYS TO GO. CHINA IS MORE OF A HIGHER
TECHNOLOGY COUNTRY. SO IT DOESN’T EXPORT TEXTILES
AND TOYS, IT’S MORE OF MACHINERY, BUT IT’S SOME
TIME TO GO BEFORE THEY MASTER INTEGRATING SYSTEMS.
TO GET A WHOLE ECHO SYSTEM, IN REALITY, A LOT OF WHAT YOU SEE
IN THE FINISHED GOODS, SOME EXPORTS ARE COMING FROM CHINA.
>>TALK ABOUT A COMPETITIVE GLOBAL MARKETPLACE, HOW MICHIGAN
CAN GET AHEAD, WHAT ARE THE WAYS THAT MICHIGAN CAN COMPETE
WITH THE ASIAN COUNTRIES?>>THE FIRST AND FOREMOST
IS KNOWLEDGE OF THE TRADE. IT’S THE — TRADE.
THIS IS AN AMAZING THING, THE KNOWLEDGE OF OUR PEOPLE, THAT’S
SMALL AND MEDIUM ENTERPRISES. THAT’S ONE THING THAT MICHIGAN
CAN DO RIGHT NOW, A BETTER JOB OF WHERE AND HOW TO DO THAT.
>>WHAT ABOUT EDUCATION?>>EDUCATION IS THE BEDROCK,
AND WITHOUT THAT, WE CAN’T BE SUCCESSFUL.
THAT’S ONE OF THE STRENGTHS, BUT MORE RECENTLY IN
THE PAST COUPLE OF DECADES,WE’RE NUMBER 30 IN
THE RANKINGS OF MATHEMATICS. IT’S STILL THE HIGHER EDUCATION.
THE COLLEGES AND UNIVERSITIES THAT’S THE STAR OF THE SYSTEM,
BUT SHORING IT UP AT THE FOUNDATION.
>>YOU TALK ABOUT EXPORTING KNOWLEDGE, AND THERE IS A
CONCERN OF HOW WELL CHINA CAN BE TRUSTED IN TERMS OF THE
INTELLECTUAL PROPERTY THEFT AND OTHER CONCERNS.
ARE WE MAKING ANY PROGRESS TOWARD BUILDING A GREATER
DEGREE OF TRUST WITH CHINA WHEN IT COME TO TRADE?
>>THERE’S PROGRESS BEING MADE. OUR RELATIONSHIP
WITH CHINA IS TRADE BASED. IT’S ONE STEP AT A TIME.
IN THAT CONTEXT A COMPANY NEED TO LOOK ON THE FOR THEY MEAN.
IT NEEDS THE STRATEGY TO PROTECT THE CORE PROPERTY,
WHAT’S GOING TO GO IN AND WHAT’S GOING TO GO OUT.
>>ARE THERE STEPS COMPANIES CAN TAKE?
>>WE’VE SEEN SUCCESSFUL COMPONENTS. WHO’S YOUR KEY
PERSON IN THAT COUNTRY AND WHAT THEIR RELATIONSHIPS ARE, AND
HOW YOU MANAGE THE EMPLOYEES. THE CHINESE COMPANY
ARE DOING THE SAME THING.>>WHAT ABOUT MAKING MICHIGAN
AN ATTRACTIVE PLACE FOR COMPANY INTERNATIONALLY
TO COME AND DO BUSINESS. HOW IMPORTANT IS IT TO
HAVE STRONG URBAN AREAS?>>IT’S CRITICAL, PEOPLE STICK
BECAUSE OF THEIR FAMILY. CREATING AN ENVIRONMENT THAT
INCLUDES THE EDUCATION FOR THE KID, THAT
CREATES THE STICKINESS, OTHERWISE WE GET PEOPLE THAT
COME THROUGH FOR A COUPLE OF YEARS AND THEN THEY LEAVE.
THAT’S A BAD THING — WE WANT THEM TO STAY
AND CREATE MORE JOBS. GETTING THE PEOPLE WHO COME
HERE, FOR A PURPOSE TO STAY, THAT’S THE EASIEST AND
IMPORTANT OPPORTUNITY, WHICH IS ALL ABOUT THE COMMUNITY
AND THE URBAN DEVELOPMENT.>>YOU SEE A LOT OF CHINESE
DOLLARS COMING INTO THIS COUNTRY TO BE INVESTED IN REAL ESTATE,
WHAT ARE THE OPPORTUNITIES IN DETROIT AND MICHIGAN
TO ATTRACT THOSE?>>THAT’S A REALLY GOOD POINT,
LAST YEAR, IT WAS $235 BILLION IN THE UNITED STATES.
THERE’S A WALL OF MONEY COME, HOW TO USE THAT.
CAN IT BE CHANNELLED INTO ECONOMIC DEVELOPMENT, THAT’S A
LOT DOWN TO THE STATE AND LOCAL, AND WHAT ARE THE PRIORITIES?
WE HAVE TO SET THINGS. IF WE DON’T SAY WHAT WE WANT, ANY DIRECTION IS FINE.
>>THANKS FOR YOUR INSIGHT, WE APPRECIATE IT.
>>>INNOVATION AND COLLABORATION CAN OFTEN BE
SEEN AS BUSINESS BUZZ WORDS. BUT CREATING NEW PRODUCTS DOES
HAPPEN FASTER IN ENVIRONMENTS THAT ENCOURAGE CREATIVE
THINKERS WORKING TOGETHER. JOINING US NOW BLAKE KRUEGER,
CHAIRMAIN, PRESIDENT AND CEO WOLVERINE WORLD WIDE.
>>FIRST OFF, GIVE US A SENSE OF HOW YOU PERCEIVE THE BUSINESS
CLIMATE, HOW IT’S CHANGED AND HOW WE STACK UP?
>>THE BUSINESS CLIMATE HERE IS GOOD, IT’S SOLID.
PRETTY MUCH LIKE THE REST OF THE COUNTRY.
WE’VE SEEN THE LAST FOUR YEARS FRANKLY, MICHIGAN RISE
BEFORE IT 49TH TO CREEPING UP TO AVERAGE NOW.
SO WE’VE HAD A POPULATION GROWING AGAIN IN MICHIGAN.
THERE’S LOTS OF HAPPENING IN THE DETROIT URBAN CENTER.
THERE’S LOTS OF THINGS HAPPENING IN OUT STATE MICHIGAN,
SO THE BUSINESS LEADER FROM MICHIGAN ORGANIZATION THAT
I’VE BEEN A PART OF SINCE 2009 IS INTENSELY FOCUSED ON MAKING
MICHIGAN A TOP TEN STATE AGAIN.>>IN THIS PART OF THE STATE,
THE UPSWING, YOU’RE IN WESTERN MICHIGAN, THERE’S OTHER THINGS
TOO. YOU’RE IN THE SHOE BUSINESS,
FURNITURE AND MEDICINE AND WHAT HAVE YOU OUT THERE, ARE
THOSE INDUSTRIES PARTICIPATING EQUALLY IN THIS COME BACK?
>>I WOULD SAY SO, THE AUTOMOTIVE INDUSTRY AND THE BIG
CAR COMPANIES HAVE HAD A VERY GOOD LAST THREE OR FOUR YEARS.
BUT WE HAVE AN AGING POPULATION.
SO ANYTHING CONNECTED WITH MEDICAL, RESEARCH, DISEASE,
THAT’S ALSO BEEN A KEEN GROWTH AREA FOR THIS STATE.
WE HAVE TO BE IN FOOTWEAR, WE MARKETED AND SELL
100 PAIR OF FOOTWEAR IN COUNTRIES AROUND THE WORLD.
WE TAKE A VIEW OF THE GLOBAL ECONOMY, WE CAN VIEW OUR
WORLD AS BEING THE ENTIRE WORLD.>>LOOKING AT THIS SUCCESS OF
BUSINESSES IN THE STATE OF MICHIGAN, SOMETIMES
COLLABORATION IS A DIRTY WORD, YOU’RE COMPETING WITH THE
COMPANIES, BUT YOU’RE DOING SOMETHING ON THE WEST SIDE OF
THE STATE, THERE’S CREATIVE COLLABORATION
WITH THE COUNTRIES.>>FIRST OF ALL IT STARTS
WITH AN UNDERSTANDING THAT COLLECTIVELY THE BUSINESS
COMMUNITY AND THE COMMUNITY AS A WHOLE HAS GOT TO FOCUS
IN TODAY’S WORLD ON THE URBAN CORRIDOR.
MY KIDS ARE DIFFERENT THAN ME, THEY HAVE DIFFERENT ATTITUDES
AND DIFFERENT PRIORITIES AND APPROACHES TO WORK.
THEY’RE INTERESTED IN WORKING IN A DYNAMIC, VIBRANT
URBAN ENVIRONMENT. AND I DON’T SEE THAT
CHANGING ANYTIME SOON. WHERE IT CAME ABOUT, THE
INFORMAL ORGANIZATION ON THE WEST SIDE OF THE STATE, MADE UP
OF CEOS AND COMMUNITY LEADERS, TRYING TO FOCUS ON WE
CALL OURSELVES THE WHAT’S NEXT COMMITTEE.
WHAT’S NEXT, AND WE HAVE A LOT OF PROJECTS, BUT WE TEND
TO FOCUS ON THE URBAN ENVIRONMENT IN GRAND RAPIDS.
WE HAVE A HERITAGE FOR DESIGN, WHETHER IT’S OFFICE FURNITURE OR
THE FOOT WARE INDUSTRY, WE HAVE A HERITAGE FOR DESIGN IN
WEST MICHIGAN THAT WE’VE NEVER CAPITALIZED ON.
AND WE BROUGHT TOGETHER FOUR VERY DIFFERENT COMPANIES.
AMWAY, MEYER, WORLDWIDE, WOLVERINE, AND ALL COMPANIES
THAT HAVE FUTURE THINKING TEAMS. THESE WHERE THE PEOPLE THAT ARE
FOCUSED ON WHAT IS THE FUTURE GOING TO HOLD FIVE YEARS OUT,
TEN YEARS OUT, HOW ARE PEOPLE GOING TO WANT TO WORK.
SO WE BROUGHT A TEAM FROM THOSE DIFFERENT INDUSTRIES TOGETHER
AND A SINGLE LOCATION IN AN OPEN WORK ENVIRONMENT, IN WHICH THEY
COULD INTERMINGLE WITH EACH OTHER, LEARN A BIT HERE, HOW
DOES THE WORK ENVIRONMENT, HOW WILL THAT IMPACT FOOTWEAR. IT’S
BEEN AN INTERESTING EXPERIMENT, VERY USEFUL. IT’S REAL
JOBS FOR REAL PEOPLE AND REAL COMPANIES.
>>THANK YOU VERY MUCH FOR JOINING US, WE APPRECIATE IT.
>>THANK YOU.>>>THAT WILL DO IT FOR MIWEEK
TONIGHT FROM THE BUSINESS LEADERS FOR MICHIGAN CEO
SUMMIT AT THE WESTIN BOOK CADILLAC HOTEL.
WE’RE AT MIWEEK.ORG. THERE YOU’LL FIND ANY OF
THE SHOWS YOU MAY HAVE MISSED. AND JOIN THE CONVERSATION
THROUGHOUT THE WEEK ON FACEBOOK AND TWITTER.
FOR ALL OF US AT DETROIT PUBLIC TV, THANKS FOR WATCHING.
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