Mar 31 2008
The Pied Piper of Ann Arbor
Every time I attend the college graduation of one of my son’s friends or the son or daughter of family friends, I am reminded of the somber folk tale read to us when we were children “The Pied Piper of Hamlin”. You all remember the story of how the children of Hamlin were mysteriously lead away by the piper when the residents of Hamlin, Germany failed to make good on their promise to “Pay the Piper” after he cured a rat infestation. The Brother’s Grimm never revealed the ultimate fate of the children but one theory is that they were lured away by the 13th century equivalent of a “head hunter” to help colonize parts of Eastern Europe. [1] The grim reality is that like the children of Hamlin, our children and other young professionals are leaving Michigan in droves for greater opportunity in cities like Chicago, Washington DC, Atlanta, Denver and Boston. My most recent reminder was after a recent MBA graduate and new client of my office informed me that he was the only graduate from the University of Michigan MBA Class of 2008 that was staying in Ann Arbor. What a tragedy!
Why should we be concerned about this modern day brain drain? Several weeks ago I was lucky enough to have coffee with a local expert, Lou Glazer of Michigan Future, a local nonpartisan think tank. Lou started me thinking (I guess that is what ‘think tanks” are supposed to do!) about what we as a city can do to “pay the piper” to keep our young professionals from being lured to greener pastures. Some of what we discussed disturbed me more than the Brother’s Grimm. We all understand that it is foolish to expect a recovery in the Big Three that will restore the Michigan economy to the “Good Old Days” of job security, 30 years and out, defined benefit pension plans and lifetime medical insurance. Lou maintains that the best hope for Michigan is for us to transform our economy from a manufacturing base to a “knowledge based economy”. Management Guru, Gary Hamel said it best in his recent best seller about the transition from “bolts and rivets” to “bits and bites” when he points out the inscription on the back of the Apple iPod, “Designed in California, made in China”. [2] Now you can begin to see the problem of losing all our college graduates…. who is left to design the next iPod?
Consider also…if we are lucky enough as a city to attract a dozen more “Google’s” to Ann Arbor, how will they find qualified employees? If our pool of talented young professionals dries up completely, why would the next “Google” even want to locate here to begin with? Finding the answers to these questions is the key to keeping Ann Arbor as the “World Class” city we are accustomed to and to position ourselves as the economic wind that will help propel the rest of the state out of the financial “Horse Latitudes” and into the “Trade Winds”.
My personal thoughts are that we need to revitalize downtown Ann Arbor to better accommodate these young professionals. Providing a “hipper” downtown with affordable housing suitable for the “Millennials” as they are sometimes referred to with plenty of parks, arts and public transit is a good place to start. Sounds like a place even a baby boomer would be proud of! How would you suggest we “stir the pot” to get things started? Let me know.
[1] Die Rattenfängersage aus namenkundlicher Sicht, in: Niedersächsisches Jahrbuch für Landesgeschichte 69 (1997), pp125–183 courtesy of Wikipedia.
[2] Hamel, Gary with Bill Breen, The Future of Management, (Harvard Business School Press, 2007) Pg. 60.
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