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The Global Edge: an Agenda for Chicago’S Future Issues Through Contributions to Opinion and Policy Formation, Leadership Dialogue, and Public Learning

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The Global Edge: an Agenda for Chicago’S Future Issues Through Contributions to Opinion and Policy Formation, Leadership Dialogue, and Public Learning The Chicago Council on Global Affairs, founded in 1922 as The Chicago Council on Foreign Relations, is a leading independent, nonpartisan organization committed to influencing the discourse on global Future Chicago’s for An Agenda The Global Edge: issues through contributions to opinion and policy formation, leadership dialogue, and public learning. The Global Edge: An Agenda for Chicago’s Future Report of an Independent Study Group Michael H. Moskow, Henry H. Perritt, Jr., and Adele Simmons, Cochairs Sponsored by 332 South Michigan Avenue Suite 1100 Chicago, Illinois 60604 thechicagocouncil.org SPINE The Global Edge: An Agenda for Chicago’s Future RepoRt of an Independent Study GRoup Michael H. Moskow, Henry H. Perritt, Jr., and Adele Simmons, Cochairs SponSoRed by The Chicago Council on Global Affairs is a leading independent, nonpartisan organi- zation committed to influencing the discourse on global issues through contributions Study Group Cochairs to opinion and policy formation, leadership dialogue, and public learning. Michael H. Moskow The Chicago Council provides members, specialized groups, and the general public Senior Fellow for the Global Economy with a forum for the consideration of significant international issues and their bear- ing on American foreign policy. In addition to remaining the premier platform in the The Chicago Council on Global Affairs Midwest for international leaders in foreign policy, The Chicago Council strives to take the lead in gaining recognition for Chicago as an international business center Henry H. Perritt, Jr. for the corporate community and to broaden and deepen the Council’s role in the Professor community. Chicago-Kent College of Law THE CHICAGO COUNCIL TAKES NO INSTITUTIONAL POSITION ON POLICY ISSUES AND HAS NO AFFILIATION WITH THE U.S. GOVERNMENT. ALL STATEMENTS OF Adele Simmons FACT AND EXPRESSIONS OF OPINION CONTAINED IN THIS REPORT ARE THE Vice Chair and Senior Executive SOLE RESPONSIBILITY OF THE STUDY GROUP AND ITS MEMBERS AND MAY NOT REFLECT THE VIEWS OF THEIR RESPECTIVE ORGANIZATIONS OR THE PROJECT Chicago Metropolis 2020 FUNDERS. WHILE THE STUDY GROUP IS SOLELY RESPONSIBLE FOR ITS REPORT, INDIVIDUAL MEMBERS OF THE STUDY GROUP MAY NOT AGREE WITH THE REPORT IN ITS ENTIRETY. Study Group Members The Chicago Council will sponsor an independent study group or task force when Ellen S. Alberding (1) an issue of current and critical importance to U.S. foreign policy arises and (2) it seems that a group diverse in backgrounds and perspectives may, nonetheless, be President able to reach a meaningful consensus on a policy through private and nonpartisan The Joyce Foundation deliberations. Typically, a study group meets five times over a brief period to ensure the relevance of its work. William J. Best Upon reaching a conclusion, a study group issues a report, and The Chicago Council Vice President and Partner publishes its text and posts it on The Chicago Council Web site. A.T. Kearney All study group and task force reports “benchmark” their findings against current pol- Allert Brown-Gort icy in order to make explicit areas of agreement and disagreement. The members are solely responsible for this report. The Chicago Council takes no institutional position. Associate Director Institute for Latino Studies, University of Notre Dame For further information about The Chicago Council or this study group, please write to The Chicago Council on Global Affairs, 332 South Michigan Avenue, Suite 1100, Philip Enquist, FAIA Chicago, Illinois, 60604, or visit www.thechicagocouncil.org. Partner Copyright © 2007 by The Chicago Council on Global Affairs. Skidmore, Owings & Merrill, LLP All rights reserved. D. Cameron Findlay Printed in the United States of America. Executive Vice President and General Counsel Aon Corporation This report may not be reproduced in whole or in part, in any form (beyond that copying permitted by sections 107 and 108 of the U.S. Copyright Law and excerpts Jamie Firth by reviews for the public press), without written permission from the publisher. For information, write The Chicago Council on Global Affairs, 332 South Michigan Avenue, Senior Vice President, Corporate Communications Suite 1100, Chicago, Illinois, 60604. Exelon Corporation Report of an Independent Study Group - i The Global Edge Study Group Members Dennis H. Holtschneider, C.M. Andrew J. McKenna, Jr. President President DePaul University Schwarz Cheryle Jackson Sid Mohn President and Chief Executive Officer President Chicago Urban League Heartland Alliance for Human Needs and Human Rights Gary T. Johnson Nora Moreno Cargie President Chicago Director, Global Corporate Citizenship Chicago History Museum The Boeing Company Robert W. Karr, Jr. Paul O’Connor Chair Founding Executive Director Chicago Sister Cities International Program World Business Chicago S. Raja Krishnamoorthi Eboo Patel Deputy Treasurer for Policy and Programs Founder and Executive Director State of Illinois Interfaith Youth Core Charles A. Lewis David C. Perry Chairman Director, Great Cities Institute Lewis-Sebring Family Foundation University of Illinois at Chicago John Livingston George Ranney Managing Partner Chicago Office President and Chief Executive Officer McKinsey & Company Chicago Metropolis 2020 Ernest Mahaffey Anna Eleanor Roosevelt Vice President of Global Corporate Citizenship Lewis Manilow The Boeing Company Terry Mazany Robert Rosenberg President and Chief Executive Officer Associate Vice President, Partnerships and Technology The Chicago Community Trust University of Chicago John McCarron Juan Salgado Urban Affairs Writer and Adjunct Professor of Journalism Executive Director Northwestern University, Medill School of Journalism Instituto del Progreso Latino Daniel Seals Candidate for Congress ii - An Agenda for Chicago’s Future Report of an Independent Study Group - iii The Global Edge John Sirek Citizenship Program Director table of Contents McCormick Tribune Foundation Foreword. 1 William A. Spence Executive Summary. 3 Senior Counsel Freeborn & Peters LLP Chapter I Julia Stasch Chicago’s Global Challenge. 7 Vice President, Program on Human and Community Development Chapter II The John D. and Catherine T. MacArthur Foundation Sustaining Economic Vitality . 15 William Testa Chapter III Vice President The Federal Reserve Bank of Chicago Improving Transport and Infrastructure . 23 David Vitale Chapter IV Senior Advisor to the Chief Executive Officer Building Human Capital . 43 Chicago Public Schools Chapter V Charlie Wheelan Increasing Global Engagement . 65 Lecturer, Harris Graduate School of Public Policy Studies University of Chicago Chapter VI Eric E. Whitaker, M.D., M.P.H. A Call to Action . 74 Director Study Group Sponsors. 76 Illinois Department of Public Health Study Group Cochairs . 77 J. Randall White Study Group Members . 79 Senior Vice President, Corporate Affairs Sara Lee Corporation Study Group Session Speakers. 89 Linda Wolf Resources. 91 Retired Chairman and Chief Executive Officer Leo Burnett Worldwide iv - An Agenda for Chicago’s Future foreword Cities are in the crosshairs of globalization. The hallmarks of global- ization—increased speed of communication and reduced cost of mobility—mean that cities can more easily reach beyond local mar- kets to engage the world profitably for the benefit of all their citizens. At the same time, globalization means that cities must compete for economic advantage—talented workers, new businesses, and capi- tal—with their counterparts around the world. The opportunities are considerable. The costs of failure are immense. Chicagoans take justifiable pride in the remarkable transforma- tion from industrial to service provider their city has already achieved. They are now increasingly asking what is needed to ensure their city’s future success. How can Chicago develop, attract, and retain talent and benefit from the global movements of goods and services? The leading city of the Midwest, Chicago is home to a magnifi- cent lakefront, stunning architecture, international corporate head- quarters, and a diverse population. Still, it must overcome serious challenges, some of them legacies of its past industrial successes, to emerge as a truly first-tier global city. The selection of Chicago by the United States Olympic Committee as the U.S. bidding city for the 2016 Summer Olympic Games has made this task more salient and urgent. To engage Chicago’s leaders and citizens in a broad discussion about Chicago’s global future, The Chicago Council on Global Affairs convened a Study Group comprised of forty prominent Chicagoans beginning in January 2007. The Study Group was chaired by Michael H. Moskow, former president and chief executive officer of the Federal Reserve Bank of Chicago and now senior fellow for the global economy at The Chicago Council on Global Affairs; Henry H. Perritt, Jr., professor of law at the Chicago-Kent College of Law; and Adele Simmons, former president of the MacArthur Foundation and vice chair and senior executive at Chicago Metropolis 2020. The Study Group included leaders from the academic, busi- ness, government, media, civic, and philanthropic communities of Chicago. The Study Group met six times. Each meeting included presentations by experts on specific topics such as economic vitality and growth; transport and infrastructure; human capital, education, and diversity; Chicago’s changing image; and government and the role of institutions. The Study Group also created smaller subgroups that focused on areas that needed further examination such as
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