Robert Rosenstein
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- Milken Institute1h 1m
Smarter Cities for a Smarter World
Jonathan Woetzel, Hugh Andrew, Nayef Khalid Al Khalifa, Robert Rosenstein, Lauren Sorkin
A recent McKinsey Global Institute analysis reveals that while most global cities currently operate at only 70% maturity regarding smart technology, successful implementation demands a shift from rigid zoning to outcome-based regulation and robust public-private partnerships. Key drivers for this evolution include treating digital infrastructure as a utility, prioritizing human capital through inclusive social policies, and restructuring real estate models to accommodate e-commerce and automated logistics. Ultimately, sustainable urban development relies on strong civic leadership defining long-term visions while ensuring equitable access and clear ROI metrics across diverse markets from North Asia to the Middle East.