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October 11, 2011 Robert Weissbourd City Vitals: How Do We Measure the Success of Cities? CEOs for Cities 2011 Fall National Meeting.

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Presentation on theme: "October 11, 2011 Robert Weissbourd City Vitals: How Do We Measure the Success of Cities? CEOs for Cities 2011 Fall National Meeting."— Presentation transcript:

1 October 11, 2011 Robert Weissbourd City Vitals: How Do We Measure the Success of Cities? CEOs for Cities 2011 Fall National Meeting

2  Strategic - driven by desired outcomes  Quality not Quantity - “answers, not data”  User Driven - no ‘data dumps’; no ‘map madness’  User Friendly - task and market oriented  Customized - specialized to user needs and systems  Current - up-to-date, recurring  Standardized - broad coverage and usability Translating Research to Practice: Determining the Right Information Resources to Drive Change Translating Research to Practice: Determining the Right Information Resources to Drive Change

3 Leverage Points for Sustainable and Inclusive Prosperity Leverage Points for Sustainable and Inclusive Prosperity Enhance Regional Concentrations Enhance Regional Concentrations Deploy Human Capital Aligned with Job Pools Develop Innovation- Enabling Infrastructure Increase Spatial Efficiency Create Effective Public & Civic Culture & Institutions Create Effective Public & Civic Culture & Institutions

4  Similar view of importance and function of innovation; many overlapping metrics  Possible additional factors  Business Dynamics  Metrics: Churn, employment turnover  Research and Development  Metrics: Academic R&D expenditures DEGREE OF OVERLAP( %)

5  Heavy overlap, more exclusive emphasis on networks/connections rather than broader efficiency of moving people, goods, ideas  Possible additional factors:  Transit Accessibility  Jobs-Housing Mismatch  Density

6  Except for citizen engagement, less focus on the institutional environment for economic success  Possible additional factors:  Government Fragmentation  Tax-Value Proposition  Governance

7  Agreement on importance of human capital; different understanding of drivers/practice  Possible additional factors:  Alignment with Job Creation/Market Demand  Labor Market Efficiency  Job Structure (middle skills) and Mobility

8  Different view of role, and particularly cause and effect, with respect to amenities.  Additional factors important on margins (and intra- metro):  Good Housing and Safety Proposition  Retail Services  Access to Job Centers

9  Limited focus on the production side of the economy (harder to reduce to metrics); some similar top line metrics  Possible additional factors:  Productivity and GRP  Growth in Concentrated Industries and Functions  Specializations in Emerging Knowledge Sectors

10 October 11, 2011 Robert Weissbourd CEOs for Cities 2011 Fall National Meeting DISCUSSION

11 High HC Occupation s Productive Industries Knowledge Functions It’s not the Chicken or the Egg – It’s the Incubator Active Human CapitalIndustry IT’S ABOUT PRODUCTIVITY To Attract Knowledge Workers, Build an Economy Characterized by High-Human Capital Occupations and Functions Knowledge Workers


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