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CEOs for Cities 2011 Fall National Meeting. City Vitals: How Do We Measure the Success of Cities?. October 11, 2011 Robert Weissbourd. Data for What Purposes?. Strategic - driven by desired outcomes Quality not Quantity - “answers, not data”
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CEOs for Cities 2011 Fall National Meeting City Vitals: How Do We Measure the Success of Cities? October 11, 2011 Robert Weissbourd
Data for What Purposes? • 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
Metropolitan Business Planning EnhanceRegionalConcentrations Increase SpatialEfficiency DeployHuman CapitalAligned withJob Pools Leverage Points for Sustainable and Inclusive Prosperity DevelopInnovation-EnablingInfrastructure Create EffectivePublic & CivicCulture & 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
CEOs for Cities 2011 Fall National Meeting DISCUSSION October 11, 2011 Robert Weissbourd
It’s not the Chicken or the Egg – It’s the Incubator High HC Occupations Knowledge Functions Productive Industries IT’S ABOUT PRODUCTIVITY Knowledge Workers Active Human Capital Industry To Attract Knowledge Workers, Build an Economy Characterized by High-Human Capital Occupations and Functions