The IESE Cities in Motion Index 2024 is a robust, data-driven analysis covering 183 cities, providing urban leaders and policymakers with critical insights to enhance their cities’ strategic development. The report, developed by the IESE Business School, uses nine core dimensions—human capital, social cohesion, governance, environment, economy, technology, mobility, urban planning, and international profile—to measure a city’s sustainability and quality of life.
Enhanced Methodology and Data Integration: This edition of the CIMI stands out for its integration of recent data reflecting post-pandemic realities and global disruptions such as the Russia-Ukraine conflict. Euromonitor and other reliable sources provided up-to-date census data, enabling the CIMI to incorporate new indicators such as unicorn company counts, metro line numbers, and traffic fatality statistics. The inclusion of these elements highlights cities’ evolving economic and social landscapes.
Breakdown of Dimensions and Their Implications:
- Human Capital: This dimension underscores cities’ commitment to fostering talent, higher education, and cultural institutions, contributing positively to economic growth and innovative ecosystems.
- Social Cohesion: The focus on inclusive policies, public safety, and community integration is crucial for sustainable urban development. Cities like Stockholm excel by integrating refugee support and gender equality initiatives.
- Governance: Evaluates the efficiency and transparency of city administration. Key indicators include public sector employment, open data platforms, and the Corruption Perceptions Index, signaling trustworthiness and civic engagement.
- Environment: Environmental sustainability is measured through CO2 and methane emissions, waste management, and renewable water resources. High environmental scores reflect efforts to mitigate pollution and manage resources sustainably.
- Economy: This dimension assesses economic resilience and growth potential through metrics like GDP, ease of starting a business, and Fortune 500 company presence. High-ranking cities demonstrate strong economies supported by innovation and entrepreneurship.
- Technology: Focuses on digital infrastructure, internet speed, and the presence of WiFi hotspots. A strong tech foundation supports better connectivity and contributes to economic and social sustainability.
- Mobility and Transportation: Highlights the importance of an efficient public transit system, road safety, and alternative transportation options like bike-sharing programs. Cities with comprehensive mobility plans reduce traffic congestion and improve quality of life.
- Urban Planning: This area looks at strategic urban layouts, density management, and green infrastructure, promoting sustainable growth and high standards of living.
- International Profile: Considers the global visibility of cities through tourism, international events, and connectivity. Cities with robust international profiles tend to attract investments and foster economic diversity.
Cluster Analysis and Regional Highlights: CIMI 2024 introduces a cluster analysis that groups cities based on their shared characteristics in technology, green initiatives, and labor markets. This additional layer provides urban planners with comparative insights to foster competitive advantages. Regional rankings illustrate how cities in North America, Europe, Asia, and other continents stand relative to each other, considering distinct regional challenges and opportunities.
Top Performers: London, New York, and Paris lead the 2024 rankings, showcasing exemplary performance across technology, governance, and mobility. However, these cities also face challenges like housing affordability and congestion. The report emphasizes that cities with balanced performances across all dimensions, rather than excelling in only one, are better positioned for long-term sustainability and growth.
Strategic Recommendations: CIMI 2024 advocates for adaptive governance that incorporates citizens’ input and public-private partnerships for innovation. Cities should strive to improve inclusivity, promote environmental sustainability, and harness technology for smarter, more efficient urban management.
Future Outlook: The IESE Cities in Motion Index 2024 acts as a guidepost for city leaders seeking a balanced and holistic approach to urban development. By analyzing their standings across the nine dimensions, cities can prioritize investments, improve policies, and strengthen their strategic vision for future challenges and opportunities.
For a comprehensive understanding of urban performance and sustainability, consult the IESE Cities in Motion Index 2024. This report covers 183 cities, analyzing their progress using nine dimensions like governance, human capital, and technology, while integrating updated metrics such as economic resilience and post-pandemic trends. The index is valuable for policymakers, city planners, and urban researchers seeking insights into strategic development and city ranking details. For more in-depth analysis and data, visit IESE Cities in Motion Index 2024.
