Sunrise Initiative
The Rise of the Networked Economy
Advances in communications and information technologies, the wide spread adoption of social networking on a global scale, and the rise of inter-firm collaboration have created a globally networked economy. This new, global economy is developing through an increasing array of inter-connected networks of industry clusters, supply chains, and knowledge networks of expertise and intellectual capital. Old world practices and outdated technology are no longer adequate to provide these networks with the services they require to function effectively. Networked clusters have not had access to tools that could enable them to enter the complex world of international trade. The Sunrise initiative provides better tools and critical expertise that allows these clusters to reach out, connect, and conduct business with new, global business processes that set the standard for international trade in the twenty first century.
Serving More than just Business Needs
Sunrise methods and services can support much more than trade and business transactions. Surise platforms can help coordiante disaster relief, intergovernmental dialouge, and coordination of overall aid and diplomacy between regions, states, nations, and non-governmental organizations. Sunrise technolgoy platforms can can help coordinate all these efforts, facilitating communiations, tracking transactions providing secure reporting, all of which increases efficiencies and minimizes the risks associated with losses through corrupt practies.
A New Day for Global Trade and Development
The Sunrise Initiative brings together a seasoned team of economic development professionals working around the globe to help connect industry clusters across borders. Sunrise uses an established global network of practitioners in both developed and developing countries, combined with advanced technologies that support the specific needs required to stimulate deal making and overcome barriers of time, distance and culture to fulfill the promise of rapidly expanding global trade networks.
Innovative technologies provides the tools while our team of economic development professionals provides the "know how" to guide regional clusters through the relationship building process that connects people, businesses and opportunities around the world. Specific needs are addressed by technologies custom designed to support:
1) Interactive Communications that allow people to work together through telepresence;
2) Action Agendas that move businesses from relationships to transactions;
3) Transaction Monitoring systems supporting the management and monitoring of transactions globally;
4) An Intellectual Property Platform for valuation and trade of ideas and innovation.
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The Sunrise Initiative leverages new communication solutions available as a result of the revolution in communications and information technology by helping to bring together industry clusters located in different parts of the world. The rise of new communications and information technologies is driving the development of a globally networked economy and Sunrise has established partnerships with leading solution providers to make the latest communication tools available to our member organizations. The development of inter-connected networks of industry clusters, supply chains and knowledge networks demands advanced communication solutions in order to facilitate the development of global trade and business relationships.
Solutions and capabilities varry depending on regional broadband network capabilities, local laws and individual client requirements.
Depending on specific needs, Sunrise can support one-to-many and many-to-many telepresence solutions that can support small video meetings or broadcast worldwide conferences. Variations in ICT infrastructure limit the availability of these solutions from one region to another. Combinations of available systems, including mobile telephone platforms, can fill the gap until full-scale ICT systems can be acquired. Sunrise can actually facilitate that build-out by providing companies in developing regions with trade-based revenues that will allow them to invest in ICT infrastructure. In some cases, developing nations can leap frog to the head of the class as the revolution in mobile platforms is now driving global communications.
Project based, group communications are supported through Strategy-Nets
Building business relationships requires that disconnected organizations come together to engage in transactions in various roles and relationships. Some roles are straight forward while others require extensive investment of time and energy in order to establish productive relationships that produce real stakeholder value. Strategic action plans require processes that support strategic development within open networks where relationships have not yet been established. Strategic Doing, developed by Ed Morrison and I-Open Networks, is designed specifically for open, loosely joined networks and serves as an effective alternative to strategic planning which works well in hierarchies but fails to provide effective means to move stakeholders forward in open networks.
Strategic Doing is a strategy discipline that is simple, fast and adaptive. These methods engage people quickly and keep them on track. Strategies that emerge from focused, pragmatic conversations can move aligned groups and potential partners forward, turning opportunities into productive relationships. Sunrise will use and teach Strategic Doing processes to provide a simple approach to finding and building trusted partnerships.
These activities also require a platform to track report and share these communications. Our partner, Strategy-Nets, has custom designed a platform to support to set up and support group communications; and to manage initiatives within a project based environment to quickly develop action plans. We will provide the training and guidance to use these methods effectively.
Trusted relationships require structures and processes to support accurate accounting and monitoring of transactions. Traditional institutions and services support these transactions to some extent but global transactions create challenges that limit business development with inadequate controls. Sunrise seeks to raise the bar on these practices by offering services that help facilitate transaction processes through an independent system for recording, tracking and monitoring business transactions across borders. System capabilities are under development but include the ability to track exchanges, deal terms, and much more. Specific design capabilities are built on a robust transaction and reporting engine designed and operated by our partner RevX Systems.
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Innovation in new technologies and new practices is driving the rapidly evolving global economy. We are currently in a period of intensive innovation that will serve as the foundation for a much larger and far more sophisticated economy. The winners will be the regions, institutions and organizations that create the greatest amount of intellectual property and successfully build channels for distributing this new wealth. Sunrise can enable companies in developed nations to export their most valuable asset - innovation -- and simultaneously help developing nations create a competitive economic base by utilizing it.
Sunrise can create this scenario through "mutually beneficial trade" which is enabled through intellectual property. Through licensing, franchising, and joint venture agreements, U.S. small-to-midsize businesses can expand their market reach while businesses in developing nations can gain access to critical technology and product/service innovation to better build their own companies. Our transaction platform can help record, track and monitor these exchanges of intellectual property.