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Today's Top Most International Concerns Will Be Resolved Within + Today’s top most international concerns will be resolved within cities … the opportunity for commercial partnership is endless. David Miller World Bank Advisor on Urban Issues Former Mayor of Toronto The Megatrends Driving Change Globalization. Business – big or small -- is conducted across borders with the help of new technology structures. Consumers have multinational ambitions – eg. international students, world travellers, the pursuit of medical care abroad. We have unprecedented access to people, news, ideas and opportunities. Urbanization. Rapid population growth will require significant infrastructure investment; fiscal constraints in developed markets will require more efficient administration Explosive economic growth in the developing countries owing to new sources of economic productivity will see the creation of a new affluent middle class. Digitization. We can obtain capital, make purchases and find investments in a record number of ways through new business models, technology platforms and funding solutions. We can fulfil our needs more accurately, quickly and cost-effectively via client experiences delivered through new platforms and channels, eg. online, mobile. Socio-economic mega-trends are shaping our future … Power is shifting to The un-/ under-banked are consumers as social media becoming banked gains influence in new ways Technology and infrastructure Public Sector is reforming are increasingly regulation and pressing for flexible electronification Urbanisation: 21st Century; the Urban Age The world is no longer a network of countries – it is a network of cities. Why Do Cities Matter? “Currently, the world’s top 30 cities Expected Population Growth Technology is interconnecting generate 80% of the world’s wealth.” economies The Urban Age The complexity of cities require 9.3bn integrated yet dynamic solutions “For the first time in history more 6.9bn than 50% the earth’s population live Power is Shifting to Consumers as in cities – by 2050 it will be 75%.” Social Media Gains Influence The Endless City 2010 2050 World World Population Population (1) What we think about Urbanisation… Urban and Rural Populations (Billions) Evolution A tipping point - The percentage of the world’s population in urban locations now exceeds that in rural areas. Urban residents are generally better educated, more productive and have higher incomes compared to their rural counterparts. Many developed economy cities have comparative advantages in certain sectors. Urbanization will result in a larger global market for these services. (1) United Nations, 2010 Revision of World Population Prospects, May 2011 The demand of cities today … … to solve urban challenges The Urban Ecosystems Cities Vision Efficient Cities Empowered Citizens Connected Cities Competitive Cities Sustainable Cities Delivering Services across the ecosystem that work for Citizens POLICY & ADVISORY CITY ADMINISTRATION • Mayor’s Office • Municipal Council CEO • City Treasurer • Dept of Finance • Dept of Operations • Procurement • Regeneration & Development • Pension administration URBAN ECOSYSTEMS •Social Services • Safety ••• Energy & Utilities • Regeneration & Development ••• Roads & Transit ••• Workplace and Education ••• Healthcare • Ports of Entry Cities are facing profound challenges What is driving change? ‘Old’ cities in the Fiscal Crunch developed world Driving the search for cost and operating efficiency • Crippling pension obligations Population Growth • Budget deficits Driving the modernization and extension of public services and • Decentralized financial infrastructure processes; limited automation Labour and pension costs • Limited ability to cut costs Driving the quest for process centralization and automation • Supply chains at risk Technology advances changing lifestyles ‘New’ cities in the developing world Citizens are demanding greater empowerment and convenience • Explosive population growth and urban The competition for human capital migration Providing the impetus to modernize and provide lifestyle and business • Rapid urbanization incentives to attract talent to key cities, and to promote a culture of • Need to establish or innovation that is self-sustaining modernize infrastructure • Quality of life Private sector participation • Entrepreneurship Public-private partnerships are key to driving progress and ensuring the transfer of competitive best practice to the public sector Additional Challenge – Implementing Sustainable Solutions At a time of fiscal restrictions, local governments are being tasked to implement sustainable solutions. “The task of creating the tools, systems, energy sources and ethics that will allow the planet to grow in cleaner, more sustainable ways, is going to be the biggest challenge of our lifetime” 8 Citi For Cities … ….Partnering for urban sustainability Powering the cities of the future, today. Delivering solutions that enhance public services, facilitate commerce and empower citizens living in the world’s great cities. 9 Efficiency Analysis: How Does a City Function? City Administrators understand the physical flows within their cities 10 Walsall 1 M42 olverhampton M6 A446 8 1 A4521 1 1 1 7 A38 9 West M5 Bromich Dudley 1 6 M6 5 8 A44 4a Birmingh 2 7 M6 Halesowen am Airport A 6 Stourbridge 3 A45 A456 M42 A38 Solihul M5 5 Kiddlerminste A34l A45 A44 r 4 8 2 1 A43 2 5 4a M42 3 3a A414 16 1 Bromsgrove M40 Motorways Road Network Rail Network [?]A N B G R L Canal Navigations A E Norton Canos N S C E H Y Sutton Four Oaks Ogley Jn Great Wyrley CANNOCK E EXTENSION [?] R W&E Sutton Trinity N S H H C C S R N N [?] Jn P O A O O W R U [?] Jn I R B & U H S D S [?] F N N F Little Blexwich W&E O E A Sutton Vesey T T S G W A N I D Oscott S Kingstanding Autherley Jn ON S Sneyd Jn E GT IN SS W & Sutton New Hall E & & E Y Ajdersley Jn EY E Aldridge Erdington L L Wolverhanpton YR R Perry Barr W Y S Locks W C R [?] End Handsworth Wood Stockland Green O [?] Jn W & Wednesfield Jn S Longwood Jn Tyburn F Walsall Locks F A T WALSALL Lozells and East Handsworth S WOLVERHANPTON [?] Field Jn TOWN [?] B IR M LL Rushall Locks I A Hodge Hill N LS G Bilsten A H W Soho Aston L A A M [?] H Shard End P W Washwood Heath C S O A A O L U L N S R K L A DA A Miles 0 3 L ] L Ladywood Stechford and [? L [?] Bordesley Green Nechells Yardley North [?] Jn LEY VAL Rushall Jn Kms 0 5 ME Main 15M Bradey Workshop TA Live 24L [?] [?] MILL T Edgbaston South Yardley Sheldon AM [?] Tnl 380yds FactoryTUNNEL Ryder’s Green E Spark Brook W VA Quinton BRANCH Y Locks L [?] E L Hardborne O O EY Factory Jn L N D Purry Barr E ] S [? H Locks Tipoon Jn Dudley B NC Acocks U RA Purry Barr Moseley and Springfield R B Selly Oak Green Port Jn Ryder’s Green Jn WEST BRONWICH Kings Heath Dudley Tnl 3154yds [?] Grevely Hil Bartley Green (no engines) Pudding Green Jn Salford Weoley Brades Bromford Jn Dudley Jn Locks Spon Lane Locks M & Hall Green Netheroon Tnl HA Spon Lane Jn ING 3027yds M Y Bournville Park Head Locks [?] M Aston BIR LE MA Smathwick Locks ZE IN Locks FA Park Head Jn 24L Boshboil [ L ? I Cldbury Cldbury Jn NE Smathwick Jn Billesley Blower’s Green Lock ] BIRMINGHAM & [?] Oldbury Aston Jn Brandwood Windmill SOMO WARWICK H Locks L Farmer’s [?] hole End Jn O Ashted JUNCTION C D D Engine O N U Branch N Br Locks ] U Tnl A P ? C D o [ R 2 L D Branch Garrison Stourbridge . A E . Kings Norton N 2 [?] PORT B o Y L A Locks N N C Sixteen L E [?] Longbridge Northfield Y o. LOOP E 2 A Y Titford Digbech L D L N Pools Rotton Park E A A Basin Ashted G U N ID D L Roservoir BR A Brierley [?] ST Locks UR C Nil Gosty Hill BIRMINGHAM TO Delph LOOP Gas St S G Tnl 557yds R Locks Farmer’s Basin A Camp Hll Locks STER & N E D Bridge Jn C GHAM U STOURBRIDGE Stourbridge R IN N ARM M IO WO IR Edgboston N [?] [?] B Tnl 106yds City Divisions City Systems (Water, Sewage, Canal Network Electricity, Broadband, …) Sources: Google maps, Ordonance Survey. But have you ever considered the financial flows? Understanding a City’s Financial Circulatory System allows administrators to identify inefficiencies and reduce costs. Business People outside Central Gov City outside City Payroll Central Gov Taxes Central Social Benefits Grants Business in Financial People in City City Institution Purchasing (consumers) Benefit Payments (City) Council Tax Rent and Charges Procurement (B2B) Fares/Tolls (Consumer) Foreign Direct Investment City Council Financing (B2B) Social Health & Roads & Housing Education Benefits Safety Transit Ports of Entry To become more efficient Transform treasury and cash practices to manage complex Efficiency payment flows, streamline and deliver scale through automation Release essential savings and foster business growth by leveraging a city’s spending power and supplier Transformation relationships to unlock trapped cash at both ends of the value chain of City-wide Gain greater control of spending and improve oversight and management of procurement and travel costs Services Provide convenient and flexible benefits payments to citizens with improved security and processing efficiency Streamline operations, clearance and processing at airports, shipping or customs with the electronification of document handling; the acceleration of trade and financial flows, collection of duties/taxes, payment of refunds, etc. Treasury Bank for the City of Transforming payments / collections Prepaid card programs to replace Warsaw. for the Mexico General Hospital . benefit payment by many UK city councils and Bogota City Council. Rationalized banking structure and Set up a call center
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