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Harvard Case - Rethinking Cities: Chicago on the Move

"Rethinking Cities: Chicago on the Move" Harvard business case study is written by Rosabeth Moss Kanter, Ai-Ling Jamila Malone. It deals with the challenges in the field of Business & Government Relations. The case study is 45 page(s) long and it was first published on : Jan 6, 2014

At Fern Fort University, we recommend a multifaceted approach for Chicago's revitalization, focusing on infrastructure and urban development, innovation, and economic growth. This approach will leverage public-private partnerships, government policy, and strategic investment to transform Chicago into a global hub of opportunity.

2. Background

The case study 'Rethinking Cities: Chicago on the Move' presents the challenges facing Chicago, a city grappling with economic stagnation, demographic shifts, and infrastructure deficiencies. The city's leadership, under Mayor Daley, is determined to revitalize the city and attract investment, but faces significant hurdles. The main protagonists are Mayor Daley, who spearheads the revitalization efforts, and various stakeholders including business leaders, community groups, and government agencies.

3. Analysis of the Case Study

This case study can be analyzed through the lens of strategic planning, economic development, and urban revitalization.

Strategic Planning: Chicago needs a comprehensive plan to address its challenges. This plan should incorporate:

  • Visionary Leadership: Mayor Daley's commitment to revitalization is crucial, but it requires a clear vision and long-term strategy.
  • Stakeholder Engagement: Building consensus among diverse stakeholders is vital for successful implementation. This includes engaging with residents, businesses, and community organizations.
  • Resource Allocation: Prioritizing investments in infrastructure, education, and innovation is essential to attract talent and investment.

Economic Development: Chicago needs to attract businesses and create jobs. This requires:

  • Competitive Advantage: Leveraging existing strengths like transportation infrastructure, education institutions, and a diverse workforce.
  • Investment Incentives: Offering tax incentives, grants, and other incentives to attract businesses and encourage entrepreneurship.
  • Innovation Hub: Developing a vibrant innovation ecosystem to foster entrepreneurship and attract tech companies.

Urban Revitalization: Chicago needs to address its aging infrastructure and revitalize its neighborhoods. This requires:

  • Infrastructure Investment: Investing in public transportation, roads, and public spaces to improve connectivity and quality of life.
  • Neighborhood Redevelopment: Investing in affordable housing, community centers, and public amenities to revitalize neighborhoods.
  • Sustainable Development: Promoting green building practices, renewable energy, and sustainable transportation to create a more environmentally friendly city.

4. Recommendations

  1. Public-Private Partnerships for Infrastructure Development: Leverage private investment to upgrade transportation infrastructure, including the CTA, airport, and roads. This can be achieved through government contracts, concession agreements, and public-private partnerships. This will improve connectivity, attract businesses, and boost economic growth.

  2. Innovation Ecosystem Development: Create a vibrant innovation ecosystem by investing in incubators, research and development, and technology transfer initiatives. This will attract startups, foster entrepreneurship, and create high-paying jobs.

  3. Targeted Economic Development Strategies: Focus on attracting businesses in high-growth sectors like technology, healthcare, and finance. This can be achieved through tax incentives, business-friendly regulations, and government subsidies.

  4. Neighborhood Revitalization: Invest in affordable housing, community centers, and public spaces to revitalize neighborhoods. This will improve quality of life, attract residents, and create a more inclusive city.

  5. Sustainable Development Initiatives: Promote green building practices, renewable energy, and sustainable transportation to create a more environmentally friendly city. This will attract environmentally conscious businesses and residents.

5. Basis of Recommendations

These recommendations are based on the following considerations:

  • Core Competencies and Consistency with Mission: The recommendations align with Chicago's strengths in transportation, education, and innovation. They also support the city's mission to create a vibrant, sustainable, and inclusive city.
  • External Customers and Internal Clients: The recommendations address the needs of businesses, residents, and community organizations. They aim to attract investment, create jobs, and improve quality of life.
  • Competitors: The recommendations aim to position Chicago as a competitive city in attracting businesses and talent.
  • Attractiveness - Quantitative Measures: The recommendations are expected to generate positive economic impact through job creation, increased investment, and improved quality of life.

6. Conclusion

Chicago's revitalization requires a comprehensive approach that leverages public-private partnerships, strategic investment, and innovative solutions. By prioritizing infrastructure development, innovation, and economic growth, Chicago can transform itself into a global hub of opportunity.

7. Discussion

Alternatives:

  • Tax increases: While tax increases could generate revenue, they could also discourage investment and hinder economic growth.
  • Focus on specific industries: Focusing solely on specific industries could limit diversification and create vulnerabilities.
  • Government-led development: While government-led development can be effective, it can also be inefficient and bureaucratic.

Risks and Key Assumptions:

  • Economic downturn: A national economic downturn could negatively impact Chicago's revitalization efforts.
  • Political instability: Political instability could hinder the implementation of long-term plans.
  • Lack of public support: Lack of public support for the revitalization plan could hinder its success.

8. Next Steps

  1. Develop a comprehensive revitalization plan: This plan should outline the specific goals, strategies, and timelines for implementation.
  2. Establish public-private partnerships: Identify key partners and develop agreements for infrastructure projects.
  3. Invest in innovation and entrepreneurship: Create incentives and programs to support startups and technology companies.
  4. Implement neighborhood revitalization programs: Allocate resources and develop strategies for neighborhood redevelopment.
  5. Promote sustainable development: Enact policies and programs to encourage green building practices and renewable energy.

By taking these steps, Chicago can embark on a path to revitalization, creating a brighter future for its residents and businesses.

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Case Description

It is impossible to discuss national competitiveness without considering cities and the regions they anchor. Cities are transportation hubs, centers of commercial exchange, and the locus of lives. They thrive by the ways they connect to the world. Demographic changes in recent years-such as the decreasing popularity of cars and increasing urban populations-have implications for 21st century transportation and infrastructure. This is apparent in the case of Chicago, a global city in the vanguard of change. This paper focuses on five major 21st century transportation and infrastructure projects in Chicago: rail decongestion; airport modernization; mass transit modernization; a complete streets plan; and an infrastructure trust as a financing innovation. It also discusses leadership by Mayor Rahm Emanuel to create an integrated strategy that includes technology and education, and how he executes on it.

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