The Long Game

Old places can accomplish new things.

Boston and Tokyo are both about 400 years old. Yet we’re different when it comes to planning for the future. Not long ago, Tokyo finished building a new island in its harbor, and a new city on that island, complete with a subway system that runs without human intervention. The goal? Explore what its future might look like by building “a showcase for future living.”

Closer to home, Toronto recognized a few years ago that it was losing ground in the sciences, so it deleted two-square kilometers of its downtown and replaced it with the Mars Discovery District, a vast collection of intertwined university research facilities, commercial research space, and the best biotech incubator space I’ve ever seen—and I’m an incubator guy.

Tokyo and Toronto prove it’s possible for places to set ambitious goals and achieve them.

Recently, at the Nantucket Conference, I interviewed a successful Boston-area CEO who reminded me that smart organizations think long-term. With sales of over $500M, Robert Keane’s 15-year-old Vistaprint dominates its sector. Yet he remarked, “We are a young company. This is the beginning of the Vistaprint story. Our management’s perspective is decades, not years.”

Greater Boston should take a page from Tokyo, Toronto, and business leaders like Robert Keane, and dedicate energy to thinking long term and thinking big.

Let’s not kid ourselves: we haven’t been doing this lately. Other than putting a car tunnel underground and creating a ‘subway line’ that looks suspiciously like a bus service, I can’t think of much we’ve done in the past 20 years that one could fairly describe as BIG.

Visions for our future in the Boston area will not be handed to us on a platter by President Obama, or anybody else. We need to craft them ourselves. It is time we began a dialogue about what we would like to accomplish together. I invite Xconomy readers to share here their personal grand visions for our future. What should we set our sights on?

Author: Tim Rowe

Tim Rowe is the Founder and CEO of Cambridge Innovation Center. CIC houses approximately 185 startups, and is perhaps the densest collection of startups anywhere in the world. The Boston Globe has described CIC as “what may just be the most important building in Greater Boston.” Tim is also a Founder and Venture Partner with New Atlantic Ventures, an $115M early stage technology fund based in Kendall Square. Previous adventures included four years with Boston Consulting Group in Boston, Madrid, and Singapore; a two-year stint as a lecturer at MIT’s Sloan School of Management; and a role in organizing the “Woodstock of the Web” at CERN. Tim is a graduate of the MIT Sloan School of Management and Amherst College. Tim has been named one of Boston’s “40 under 40” young business leaders, and currently serves as President of the Kendall Square Association.