The report includes both the Global Cities Index and the Global Cities Outlook, which evaluate the current performance of the world’s top cities and the potential of upcoming urban powerhouses, respectively.<\/p>\n
In 2019, New York and London maintain their top rankings, but the study reveals that even the world’s leading cities shouldn’t get too comfortable.<\/p>\n
Global Cities Index 2019 The Global Cities Index provides insights into the performance and reach of the world’s most competitive cities. For the third year in a row, New York City is the world’s most powerful and influential city, holding on to its top spot this year thanks to strong scores in business activity and human capital.<\/p>\n “For global corporations, decisions about where to site a new location need to account for vital factors such as the availability of talent, the vibrancy of the business community, and the efficacy of the existing infrastructure,” said Andr\u00e9s Mendoza Pe\u00f1a, A.T. Kearney partner and co-author of the study.<\/p>\n “The Index offers a way to assess which cities can deliver in the areas that are most important for future business success.”<\/p>\n Global Cities Index rank<\/strong><\/p>\n Global Cities Outlook 2019 The Global Cities Outlook identifies emerging cities that can rival the established leaders.<\/p>\n London rises to the top this year thanks to its steady pace, while other urban hubs are struggling to keep up. For instance, after four years at the top of the Outlook, San Francisco has dropped to third place\u2014still scoring high in innovation, but up-and-coming cities are outpacing the tech hub in personal well-being and governance.<\/p>\n “The world’s best cities are not just great places to invest and work; they’re also great places to live,” said Erik Peterson, partner with A.T. Kearney and managing director of the firm’s Global Business Policy Council.<\/p>\n “For cities to remain competitive, they need to focus on the wellbeing of their residents in all aspects of their lives, from ensuring affordable housing and job opportunities to providing access to public services and healthy environments.”<\/p>\n Global Cities Outlook rank<\/strong><\/p>\n The performance of Chinese cities continues to outpace that of cities in other global regions. This year’s study reveals that China’s cities have maintained their momentum, with their average Index scores growing at a rate three times faster than North American cities.<\/p>\n However, with urbanisation rates slowing across the region, city development can no longer be simply about growth.<\/p>\n “The rise of Chinese cities in the Global Cities Index has been nothing short of impressive,” said Jefferson Wang, A.T. Kearney partner and co-author of the study.<\/p>\n “But our analysis of urban development in China suggests creating more liveable, sustainable, affordable cities will be key to their continued growth. And both governments and corporations will play a big role in this next transformation.”<\/p>\n For South Africa, A.T. Kearney looked at the country’s two major cities, namely Johannesburg and Cape Town.<\/p>\n In the Global Cities Index results, the former beats out the coastal city, ranking 52nd versus Cape Town’s ranking of 73rd. In the Global Cities Outlook results, however, Cape Town ranks above Joburg, at 102nd versus 106th.<\/p>\n While stable in the former list, both African cities climbed in the second rankings, from 113th, and 109th respectively.<\/p>\n Global Cities Index and Global Cities Outlook Methodologies<\/strong><\/p>\n The Global Cities Index examines the current performance of cities based on 27 metrics spanning five dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.<\/p>\n It provides insights into the current global reach, performance, and level of development of the world’s largest cities. It also allows for the comparison of diverse cities and for the identification of core strengths and distinctive differences.<\/p>\n The Global Cities Outlook evaluates a city’s potential based on the rate of change for 13 leading metrics across four dimensions: personal well-being, economics, innovation, and governance. These metrics help evaluate long-term investment and success by assessing elements such as environmental performance, infrastructure, and innovation capacity.<\/p>\n In this way, the Outlook brings a forward-looking perspective to city-level policies and practices that shape future competitiveness, identifying growing cities that are likely to be the most prominent global cities of the future<\/p>\n Global Cities Index leaders by dimensions<\/strong><\/p>\n
\n<\/strong><\/p>\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/06\/ATKearney.png\")
<\/a><\/p>\n
\n<\/strong><\/p>\n![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/06\/ATKearney2.png\")
<\/a><\/p>\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/06\/Kearney1.png\")
<\/a><\/p>\n