A Birmingham Chamber-inspired think tank is set to develop a "Road Map" for the future of business in the city.
It is pledging a "warts-and-all examination" of the future, with issues concerning manufacturing, the service sector and inward investment all up for discussion.
The Business Plan for Birmingham will be launched on November 14, when "key leaders from the business community and public bodies" will gather at the Hyatt Hotel on Broad Street to hopefully build a plan for business over the next ten to 20 years.
It will be open to the media, a spokesman said, and promised "a frank and wide-ranging discussion".
But it won't extend to current controversies surrounding extending the Metro, the new library and whether or not Birmingham's progress has stalled - vocal protest from elements of the business community has seen Tory leader Councillor Mike Whitby condemn comments by CBI director-general Sir Digby Jones, while critic Andrew Sparrow has had to step down as deputy chairman of professional services group Birmingham Forward.
The spokesman said the chamber was " heavily involved" in the Metro, New Street and new library initiatives but "does its lobbying in private".
He added: "It does not get into Sparrow-like situations."
And he claimed: "By adopting such an approach, integrity is preserved while debate is encouraged and not stifled."
The initiative was the brainchild of the chamber's immediate past president Ian Squires, managing director of ITV Central.
But, only now, months later, is it moving forward.
It will discuss how Birmingham business can aspire to be positioned on the map alongside great cities like New York, Barcelona, Melbourne, Singapore and Cape Town.
Mr Squires said: "It is important that we identify what the business in the city can be good at in the future and what will prevent us from getting there."
With the continuing switch from heavy manufacturing to high tech industries and the service sector, the event "will engage the city's top business leaders in agreeing what sort of city Birmingham can and should be".
The objectives include achieving a consensus on the state of the business base and on what the drivers for change in the city in the next decade will be; to develop an action plan for the future of Birmingham's business sectors; and to decide on the commitment of resource in terms of people and money for its implementation.
Mr Squires added: "By establishing a shared sense of purpose and clarity about how we believe the business life of Birmingham can be yet further developed, we will be in a better position to inform the thinking of the public agencies who are charged with creating so much of tomorrow's environment.
"This is an opportunity for those of us running businesses in Birmingham to share and discuss our ambitions for the future. I am absolutely convinced that now is exactly the right time for the business community to make its contribution to delivering Birmingham as one of the world's great cities."
Sue Battle, the BCI's chief executive, said: "It is important that Birmingham's business community positions itself with a vision for the next 20 years. It is all about ensuring that there is a shared sense of common purpose as to how we wish to see ourselves and exploring how we bring those plans to life."
And, perhaps in a sideswipe to the criticism of Councillor Whitby, she said the next stage would be to approach the public sector "in the spirit of partnership".
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