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2011 Fall National Meeting Press Release Day 2

2011 Fall National Meeting Press Release Day 2

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Published by: ceosforcities_docs on Mar 28, 2012
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 PRESS RELEASE Contact: Alaina BeverlyOctober 14, 2011abeverly@rabengroup.com 202-466-2543
CEOs for Cities Calls for Collaboration
Urban leaders share lessons and join forces to advance education, industry and jobs
Chicago, IL— From zombie races to local venture capital competitions to the “mother-in-lawtest,” CEOs for Cities’ 2011 Fall Meeting gave participants the chance to share their best ideasfor community engagement, economic development, and long-term growth and sustainabilitywith fellow urban leaders around the country.The second and final day of the conference focused on education and talent. Audience members,including foundation executives, venture capitalists, university leaders, mayors, and academicsdiscussed what could be done together to help cities achieve their Talent Dividend—theeconomic returns that are correlated to per capita ratio of college graduates.Chris Kennedy, former president of Merchandise Mart Properties and member of the University
of Illinois Board of Trustees, talked about being born into a “city-centric” family. “Lee Fisher and CEOs for Cities know that every city is a communal enterprise,” he told the crowd.Kennedy emphasized the need for collaboration among political, business, and academicleadership. “Perhaps the only perpetual job creation activity that a government can engage in isfunding academic research institutions in higher education,” he said. “Our research institutions
have an important role not just creating jobs, but in sparking entire industries.”This theme was further developed by design guru Bruce Mau, one of the founders of MassiveChange Network, who noted that a majority of recently-polled CEOs reported that the topchallenge that they faced was creativity.“Practically everything you can think of will be done differently in the future,” Mau told theaudience, adding that this creates a tremendous opportunity for higher education institutions.“When you attach purpose to education, it’s an accelerator,” he said. “I would think aboutorganizing entire universities around great challenges that we face.”In closing remarks, Harvard Professor and
Triumph of the City
author Ed Glaeser examined thecharacteristics of successful American cities that have enabled them to continue to thrive despitesignificant transitions.“Knowledge is more important than space,” he told the audience, citing the trading floors of Wall Street as an example. “We get smart by being around smart people, and people in citiestake advantage of this. This is what cities do.”--more--

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