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

 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

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

 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( %)

 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

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

 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

 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

 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

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

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