WEBVTT 1 00:00:00.000 --> 00:00:03.370 >>GERRY: EACH WEEK A GROUP OF INSIDERS JOINS ME TO OFFER PERSPECTIVE ON THE WEEK'S TOP STORIES. 2 00:00:03.370 --> 00:00:11.878 THIS WEEK SOUNDING OFF ON AMAZON'S SPLIT DECISION, INFOSYS BREAKS GROUND ON ITS USA EDUCATION CAMPUS IN 3 00:00:11.878 --> 00:00:20.887 INDIANAPOLIS...AND HAVE THE COLTS TURNED THE CORNER? OUR INSIDERS ARE TECHPOINT PRESIDENT AND CEO MIKE 4 00:00:20.887 --> 00:00:32.699 LANGELLIER, CLEAROBJECT CEO JOHN MCDONALD, AND ONEZONE PRESIDENT MO MERHOFF. ONES ON THE CHAMBER OF COMMERCE 5 00:00:32.699 --> 00:00:42.242 FOR FISHERS IN CARMEL. WELCOME ONE AND ALL TO THE INSIDERS! THE N MONTHS ON ADDITION AROUND. 6 00:00:42.242 --> 00:00:50.583 A BIG ANNOUNCEMENT EVERYONE WAS WAITED FOR. YOUR REACTION AMAZON, OF COURSE, PICKING NEW YORK CITY AND 7 00:00:50.583 --> 00:00:59.058 NORTHERN VIRGINIA BYPASSING INDIANAPOLIS AND INDY MADE THE TOP 20 SO YOUR THOUGHTS FIRST OF ALL, I THINK THAT A TOP 20 IS A 8 00:00:59.058 --> 00:01:06.499 PERK. THAT IS WONDERFUL AND WE SHOULD FEEL COMPLIMENTED ABOUT THAT. HOWEVER, I THINK THE NATIONAL 9 00:01:06.499 --> 00:01:14.007 ANNOUNCEMENT STUNG JUST A BIT BECAUSE GOSH THAT SEEMS LIKE WE WOULD HAVE BEEN A PLAYER THERE. I UNDERSTAND THERE'S SOME 10 00:01:14.007 --> 00:01:20.747 PERSONNEL INVOLVED WITH SOMEONE ON THE COMMITTEE TO CHOOSE THE SITES THAT USED TO DO DEVELOPMENT FOR THERE. 11 00:01:20.747 --> 00:01:28.888 >>: THAT WAS TO EXPLAIN NASHVILLE WAS CHOSEN FOR A LOGISTICS HUB CENTER OPERATION CENTER AND NASHVILLE WAS CHOSEN 12 00:01:28.888 --> 00:01:38.298 FOR BIG INVESTMENT. >>: SO OBVIOUSLY NASHVILLE HAS WON A LOT OF ACCOLADES. THEY ARE HOT RIGHT NOW FOR A LOT 13 00:01:38.298 --> 00:01:45.371 OF REASONS. THEY VARY STRATEGICALLY FOCUSED ON RECOGNIZING WHERE THEIR NEEDS WERE AND GONE AFTER THEM AND 14 00:01:45.371 --> 00:01:53.913 THEY ARE KIND OF ALL IN ON THAT. SO INSTEAD OF THE MYRIAD GROUPS DOING DIFFERENT THINGS WITH WORKFORCE THEY'VE GOT A LITTLE 15 00:01:53.913 --> 00:02:02.989 BIT OF A COMBINED FOCUS ON THAT SO THAT ONE, I WOULD HAVE THOUGHT WE WOULD HAVE BEEN AN EXCELLENT SITE FOR THAT. 16 00:02:02.989 --> 00:02:11.931 I HOPE IT CAN BE A PROCESS AND WE DON'T JUST SAY THAT DIDN'T HAPPEN. MAYBE FROM THAT WE HAVE 17 00:02:11.931 --> 00:02:18.605 TAKEAWAYS THAT WE CAN CHANGE AND WORK ON SO THE NEXT OPPORTUNITY LIKE THAT MAKES THE MOST SENSE FOR US. 18 00:02:18.605 --> 00:02:29.315 >>: I AGREE. IT'S PRACTICAL TO UNDERSTAND WHY AMAZON WOULD PICK THE MAJOR METRO CORRIDOR BETWEEN NEW YORK 19 00:02:29.315 --> 00:02:36.689 CITY AND DC. NASHVILLE WAS SURPRISING. THE THING WE NEED TO KIND OF BE STARTLED BY IS THE COMMENT THAT 20 00:02:36.689 --> 00:02:43.897 AMAZON SVP SAID IT'S A CITY POINTED TOWARD THE FUTURE AND A PLACE WHERE IF PEOPLE DON'T ALREADY LIVE THERE THEY ARE 21 00:02:43.897 --> 00:02:51.504 EXCITED ABOUT MOVING THERE AND THAT'S AN IMPORTANT ISSUE FOR US AND ONE THING WE KNEW GOING INTO THE BID PROCESS WAS AMAZON -- 22 00:02:51.504 --> 00:02:58.077 ONE OF THE ALLURES OF AMAZON IS A BIG CONSUMER NEED AND THE 50 PERCENT OF THE PEOPLE THAT WORK IN AMAZON SEATTLE MOVED 23 00:02:58.077 --> 00:03:05.885 FROM SOMEWHERE ELSE TO WORK THERE. SO THAT IS ONE OF THE ATTRACTION POINTS. 24 00:03:05.885 --> 00:03:12.892 AND NASHVILLE HAS THIS TREND GOING ON AS WELL WHERE 30 PERCENT OF THEIR POPULATION IS MOVING IN NOT FROM TENNESSEE, 25 00:03:12.892 --> 00:03:18.831 BUT NOT EVEN FROM SURROUNDING STATES AND SO THAT'S SOMETHING WE'VE GOT TO OWN THAT AS WELL AND CREATE THAT DYNAMIC BECAUSE 26 00:03:18.831 --> 00:03:25.405 WE HAVE A LOT OF POSITIVE MOMENTUM BUT I AGREE THERE IS TRUTH IN THE COMMENT THAT WE DODGED A BULLET. 27 00:03:25.405 --> 00:03:33.346 THERE WOULD BE CONSEQUENCES OF THAT IF WE HAD 50,000 JOBS, FOR EXAMPLE, BUT I ALSO THINK THERE IS DANGER IN THAT IN THAT 28 00:03:33.346 --> 00:03:42.355 COMMENT BECAUSE IT CAN LEAD PEOPLE TO REST ON THEIR LAURELS AND SAY WE ARE OKAY LIKE LET'S KIND OF JUST TAKE THE SLOW AND 29 00:03:42.355 --> 00:03:48.628 STEADY PATH. WE ARE AT A PLACE WHERE WE CAN'T AFFORD TO DO THAT AND I THINK WE HAVE TO LOOK BACK AT LIKE WHEN 30 00:03:48.628 --> 00:03:59.706 INDIANAPOLIS HAS MADE STEPS IN THE PAST IN THE 70s AND 80s WITH SPORTS AND WE DIDN'T JUST TRY TO ATTRACT TALENT OR TO 31 00:03:59.706 --> 00:04:06.379 ATTRACT ECONOMIC VITALITY, WE HUNTED IT LIKE WE HUNTED ORGANIZATIONS TO GO AFTER AND TALENT TO COME TO THE CITY. 32 00:04:06.379 --> 00:04:14.520 WE HAVE TO DO THAT AGAIN BECAUSE OTHERWISE WE RISK NOT BEING ABLE TO ACTUALIZE OUR FULL POTENTIAL. >>: I WILL GET TO THAT IN A 33 00:04:14.520 --> 00:04:23.663 MINUTE BUT TO YOUR COMMENTS YOU WERE VERY HAD GREAT THINGS TO SAY ABOUT THE BID PROCESS AND THE FOLKS PUTTING THE WORK IN, 34 00:04:23.663 --> 00:04:30.803 BUT OTHERS HAVE EXPRESSED THE SAME SENTIMENT IS THAT THEY DODGED A BULLET BECAUSE OF WHAT IT WOULD HAVE MEANT. 35 00:04:30.803 --> 00:04:37.543 >>: TRAFFIC, HOUSING, BUT MOST IMPORTANTLY TALENT AND SKILLS. WE ARE ALREADY CRUSHED TRYING TO GET PEOPLE TO WORK FOR TECH 36 00:04:37.543 --> 00:04:43.483 COMPANIES. THIS WOULD HAVE MADE IT SO MUCH WORSE BECAUSE THE MECHANISMS FOR DELIVERING TALENT TO US FLYING 37 00:04:43.483 --> 00:04:50.423 IN FROM OTHER PLACES TO WORK HERE OR DELIVERING IT LOCALLY ARE SPENT. AND WE HAVE TO FIGURE OUT HOW TO 38 00:04:50.423 --> 00:04:57.296 GET ORGANIZED AND ADDRESS THAT ISSUE THAT WE KEEP COMING UP LAST AND FINAL END BEHIND EVERYBODY ELSE. 39 00:04:57.296 --> 00:05:05.705 IT WILL NOT WORK FOR US IF WE DON'T DO THAT. >>: WHAT IS NEXT BECAUSE I HEAR THIS AND HEARD IT FROM OTHERS 40 00:05:05.705 --> 00:05:12.512 THAT INDIANAPOLIS, INDIANA MORE BROADLY NEEDS TO BE ASPIRATIONAL AND INVEST IN TALENT AND CHEAPEST IS NOT ALWAYS BETTER. 41 00:05:12.512 --> 00:05:18.017 THE COST OF DOING BUSINESS THING. A NUMBER OF THOSE THEMES CAME OUT OF THE ANNOUNCEMENT. 42 00:05:18.017 --> 00:05:27.026 >>: TO JOHN'S POINT, IDENTIFYING THE REASONS AND THE LESSONS TO TAKE AWAY AND THEN ORGANIZING OURSELVES TO DO 43 00:05:27.026 --> 00:05:33.866 SOMETHING ABOUT THEM. THIS IS NOT SOMETHING WE HAVEN'T DONE IN THE PAST AND IT'S NOT SOMETHING THE BUSINESS COMMUNITY 44 00:05:33.866 --> 00:05:41.407 CERTAINLY COULDN'T OR WOULDN'T GET BEHIND. I THINK THE INFLUX OF PEOPLE IS ALSO TRUE, OUR WORKFORCE ISSUES 45 00:05:41.407 --> 00:05:49.816 ARE NOT JUST THAT WE CAN'T GET JOHNNY TO BE AN ELECTRICIAN. IT'S THAT WE ARE BEHIND IN THE NUMBER OF PEOPLE MOVING INTO OUR 46 00:05:49.816 --> 00:05:56.756 STATE. WE LEG IF WE JUST HAD THE AVERAGE INFLUX OF THE OTHER 50 STATES WE WOULD HAVE MORE PEOPLE 47 00:05:56.756 --> 00:06:05.364 TO TRAIN FOR THESE JOBS AND THAT'S NOT HAPPENING. >>: WE'VE MADE REALLY GOOD STRIDES IN DOING THINGS TO 48 00:06:05.364 --> 00:06:12.939 PIPELINE TALENT FROM SCHOOLS, FOR EXAMPLE, THE EXTERNSHIP PROGRAMS WITH OVER 1800 APPLICANTS IN 1600 OUR SOFTWARE 49 00:06:12.939 --> 00:06:20.313 ENGINEER DAVE BURSTEIN -- SCIENTISTS AND WE HAVE AN ABSORPTION RATE CHALLENGE WE HAVE TO OBSERVE THE TALENT AT A 50 00:06:20.313 --> 00:06:27.253 FASTER RATE SO WE CAN INGEST IT. THE TALENT WE HAVE READILY AVAILABLE BUT THE OTHER THING IS WE HAVE TO GET SUPER SERIES 51 00:06:27.253 --> 00:06:34.193 ABOUT NOT JUST ATTRACTING AND MARKETING BUT HUNTING AND SELLING TO THE TALENT THAT IS IN OTHER PART OF THE COUNTRIES 52 00:06:34.193 --> 00:06:41.868 MAKING THE CASE FOR WHY THIS IS THE PLACE TO BE. >>: CAN THIS SERVE AS A WAKE-UP CALL WHEN IT COMES TO TALENT THE 53 00:06:41.868 --> 00:06:49.208 STATE AND OTHERS THE TECH COMMUNITY TALKING ABOUT THIS TALENT AND SOME WOULD SAY A TALENT CRISIS. 54 00:06:49.208 --> 00:06:58.217 >>: LOOK WHAT HAPPENED HERE IT'S AN AMAZING COLLABORATION BETWEEN THE MAYORS AND THE CHAMBERS AND WE HAVE TO BE READY 55 00:06:58.217 --> 00:07:06.893 TO DO THAT EVERY WEEK AND TO BEING PROACTIVELY GOING AFTER THESE THINGS NOT WAITING FOR THESE BIDS TO COME OUT AND WHEN 56 00:07:06.893 --> 00:07:13.432 YOU LOOK AT THIS SCENE AND ASK WHAT IS THE CLUNKER IN OUR STORY IT'S THIS TALENT ISSUE SO WE HAVE TO HAVE THAT SAME SENSE OF 57 00:07:13.432 --> 00:07:22.909 ENERGY OF COMING TOGETHER TO GO FIX THAT OR WE WILL CONTINUE TO PLAY SECOND, THIRD, OR 20TH. >>: A COUPLE OF OTHER 58 00:07:22.909 --> 00:07:32.185 ANNOUNCEMENTS THE DEAL WITH THE TALENT SITUATION IN FISHERS SO YOU MENTIONED MAY OR FADNESS OF 14 MILLION PROJECT THE HUB AND 59 00:07:32.185 --> 00:07:40.259 SPOKE DESIGN CENTER, WHICH THE ROOTS IN CARMEL, BUT THEY WILL HAVE THE CENTER TALK ABOUT THAT. >>: IF YOU ARE DEVELOPING A NEW 60 00:07:40.259 --> 00:07:46.465 PROCESS OR DESIGN ETHOS SOME PRODUCT THAT YOU ARE TRYING TO BUILD FOR A DESIGN FOR CONSTRUCTION FOR ARCHITECTURE 61 00:07:46.465 --> 00:07:53.673 THIS IS DIFFICULT IF YOU DON'T HAVE A NICE PLACE TO DO THIS SO SOME OF THE LEADERS IN HAMILTON COUNTY OF BEEN IN THIS BUSINESS 62 00:07:53.673 --> 00:07:59.745 SAY WE NEED TO FIGURE OUT A MAKER SPACES WHAT THEY CALL IT WHERE WE CAN INVITE ENTREPRENEURS TO COME IN AND 63 00:07:59.745 --> 00:08:07.553 THAT'S MORE OF THE EXACT SAME THEME YOU SEE OVER AND OVER AGAIN FROM THE CITY OF FISHERS STARTED WITH LAUNCH FISHERS THE 64 00:08:07.553 --> 00:08:14.961 IOT LAB FOR CULINARY THINGS AND NOW FOR MAKER SPACE FOR PEOPLE IN THE PHYSICAL TRAITS. >>: IT ADDS ONE MORE LAYER TO 65 00:08:14.961 --> 00:08:22.802 THAT STORY IT. >>: EXACTLY THE PLACE FOR ENTREPRENEURS AND THAT HAS HUGE BENEFITS. 66 00:08:22.802 --> 00:08:31.177 FIRST OF ALL, IT IS THE ENCOURAGEMENT OF THE YOUNGER ENTREPRENEUR AND YOUNGER TINKERER WHO IS TRYING TO FIND 67 00:08:31.177 --> 00:08:40.720 THE PLACE TO GROW OUR OWN NEW BUSINESSES AND TO CREATE EXCITEMENT AROUND THAT. FISHERS HAS DONE A FANTASTIC JOB 68 00:08:40.720 --> 00:08:47.360 AND THE MODEL COULD BE UTILIZED IN A LOT MORE PLACES THROUGHOUT INDIANA TO BE ABLE TO CREATE THE SPACES THAT ATTRACT THE PEOPLE 69 00:08:47.360 --> 00:08:56.869 THAT WE ARE AFTER. >>: ANOTHER BIG ANNOUNCEMENT THIS WEEK THE INFOSYS TECH GIANT COMMITTED TO 3,000 JOBS BREAK 70 00:08:56.869 --> 00:09:04.810 GROUND ON A TRADING CENTER AT THE OLD GROUNDS. >>: THIS GETS LOST IN THE 2000 JOBS OR 3,000 JOBS LATER IT WAS 71 00:09:04.810 --> 00:09:11.817 3,000 JOBS AND WHAT'S GOING ON HERE THIS IS NOT JUST THE EMPLOYMENT HUB. IT WAS THE INITIAL ANNOUNCEMENT 72 00:09:11.817 --> 00:09:17.957 BUT THIS IS SOMETHING BIGGER WHICH IS THEY WILL HIRE 10,000 PEOPLE ACROSS NORTH AMERICA AND EVERYONE WILL CYCLE THROUGH THE 73 00:09:17.957 --> 00:09:26.699 TRAINING CENTER TO GET TRAINED SO IT IS GREAT FOR TWO THINGS ONE IS IT IS EDUCATIONAL TOURISM BRINGING PEOPLE IN FROM OTHER 74 00:09:26.699 --> 00:09:34.106 PARTS OF THE COUNTRY AND THE OTHER THING IS SETTING A TERRIFIC EXAMPLE IN CREATING A RESOURCE WHERE REALLY SOME 75 00:09:34.106 --> 00:09:41.247 SUBSTANTIVE TRAINING IS GOING TO HAPPEN AND THEN TALENT WILL GET APPLIED TO SPECIFIC PROJECTS TO GO WORK ON CLIENTS THAT THEY 76 00:09:41.247 --> 00:09:52.258 HAVE MANY LOCALLY LIKE ANTHEM ET CETERA SO THIS IS A GOOD DEAL 250 SEATS 125,000 SQUARE FEET PHASE 2 WILL BE EVEN BIGGER SO A 77 00:09:52.258 --> 00:09:58.531 BIG DEAL. >>: MORE NEWS AND MORE DEVELOPMENT HAPPENING IN FORT WAYNE. 78 00:09:58.531 --> 00:10:05.705 THE IMPORTANCE OF TALKING A LOT ABOUT CENTRAL INDIANA THIS WEEK BUT THERE ARE OTHER POCKETS AROUND THE STATE DOING WELL. 79 00:10:05.705 --> 00:10:13.412 >>: I LOVE TO SEE FORT WAYNE ON A ROLL AND TALKING WITH A FRIEND OF MINE UP THERE AT THE CHAMBER, CHAMBER LEADERSHIP THERE HE SAID 80 00:10:13.412 --> 00:10:22.955 THAT LAST YEAR THEY HAD $1 BILLION IN HOUSING PERMITS AND THEY ARE ON TRACK TO DO THE SAME THIS YEAR SO A TREMENDOUS 81 00:10:22.955 --> 00:10:29.528 AMOUNT OF MOMENTUM AROUND THE ELECTRIC WORKS FACILITY AND THE HOUSING PRICES HE SAID SOME OF THE STORIES HE'S HEARD OF HOUSES 82 00:10:29.528 --> 00:10:40.706 GOING FROM $25,000 TO 125,000 SO THAT'S THE KIND OF PLACE MAKING DEVELOPMENT. >>: I HEARD THAT TODAY THAT 83 00:10:40.706 --> 00:10:48.981 HEADING UP ECONOMIC DEVELOPMENT IS HUMAN CAPITAL. THAT'S WHAT'S GOING TO DRIVE WHERE WE GO. 84 00:10:48.981 --> 00:10:56.155 >>: 30 SECONDS THE LAST WORD. >>: THERE IT IS AGAINST SKILLS AND TALENTS, SKILLS AND TALENT, SKILLS AND TALENT. 85 00:10:56.155 --> 00:11:02.762 IT'S THE CONSTANT THEME. IT'S BREAKING THESE SORT OF MYTH THAT THE ONLY WAY FOR YOU TO SUCCEED IS GO TO PURDUE AND GET 86 00:11:02.762 --> 00:11:09.869 A DEGREE LIKE I DID. I'M HAPPY FOR AND I LOVE PURDUE, BUT IT'S NOT THE ONLY WAY. IT'S THE ONLY WAY WE CAN SUCCEED 87 00:11:09.869 --> 00:11:16.142 IN THIS NEW DATA DRIVEN ECONOMY IS TO GET EVERYONE PULLING THE OR.