1. Michael J. Sacks
Chief Executive Officer, Grosvenor Capital Management, L.P.
Vice Chairman, World Business Chicago
Chicago, Illinois U.S.A

2. World Business Chicago Board of
Directors
Mayor Rahm Emanuel, Chairman Michael Sacks, Vice-Chairman
City of Chicago CEO, Grosvenor Capital Management

3. World Business Chicago Mission
• Contribute positively to the growth rate
of the Chicago regional economy and
advance the development and
employment of Chicago’s human capital
• Provide a good return on investment to
the city and taxpayers supporting the
organization

4. World Business Chicago Core
Functions
1. Business Development – provides location
assistance and incentive information; coordinates
key public & private sector partners
2. Research – conducts economic and industry
analyses; maintains a database of new and
expanding business projects
3. Marketing/Public Relations – designs and
implements marketing campaigns to promote
Chicago’s business advantages; manages key
events, sponsorships and trade show involvement
4. Leadership Initiatives – coordinate and host
opportunities for engagement (Plan for Economic
Growth & Jobs, NATO Summit, international
delegations, university recruitment)

5. About the Chicago Region
Chicago is the heart of a major
metropolitan area comprised of: City of Chicago
2,700,955
• 9.5 million residents, a growth of 4%
(+383,000 people) since 2000
• $500 billion annual gross regional
product (GRP), 3rd among U.S. metros Total Chicago MSA Population
• 4.3 million workers 9,481,409
The city is home to 2.7 million
residents and 1.2 million workers

6. Key Assets
• TOP NOTCH ACADEMIC INSTITUTIONS- University of
Chicago, Northwestern, University of Illinois, et al.
• HIGH QUALITY OF LIFE- 80 miles of shoreline, 88
beaches, 35 museums, 200 theater companies, 15,000
restaurants
• STRONG SPORTS TRADITION- 10 professional sports
teams
• RICH IMMIGRANT HERITAGE- At least 30 different
ethnic groups with a population greater than 25,000
• BROAD MASS TRANSIT NETWORK- serves 700 million
passengers annually
• TWO INTERNATIONAL AIRPORTS – flights to 200 +
cities per day

7. Key Assets– Diverse Industries
2011 Chicago Employment by Industry
Information, Construction,
Wholesale, 79,300, 2% 144,500, 3% Education &
232,600, 5% Health, 651,600, 15%
Other Services,
190,600, 4%
Government, Professional &
554,100, 13% Business
Services, 706,400, 17
%*
*Up from 9% in 1980
Manufacturing,
411,200, 10%*
*Down from 25% Financial Activities
in 1980 283,600
Transportation & 7%
Utilities
195,300 Leisure and
5% Retail, Hospitality
439,700, 10% 401,000
9%
Source: Bureau of Labor Statistics

8. Plan for Economic Growth & Jobs
September 2011
• Mayor Emanuel calls for the creation of a
comprehensive and inclusive plan for Chicago’s
economic growth
• World Business Chicago is tasked with leading the
effort
• A diverse and inclusive steering committee is formed
The Plan for Economic Growth & Jobs is:
• Fact based, pragmatic and analytical
• Beneficial to all sections of society
• Chicago focused looking outward
• Updated and modified regularly
The creation of the plan is a process we must embrace
and own so that we always have a strategy and vision
for the future.

9. Leadership & Partners
World Business Chicago Co-Chairs
Tony Anderson: WBC Executive Committee Member, Ernst & Young
Michael Sacks: WBC Vice Chairman, Grosvenor Capital Management , LP
Glenn Tilton: WBC Executive Committee Member, JPMorgan Chase, United Continental Holdings, Inc.
Ex Officio
Steve Koch: Deputy Mayor, The City of Chicago
Steering Committee
Professional Leadership

10. Key Strategies Driving the Plan
1) Become a leading advanced manufacturing hub
2) Attract business services and headquarters
3) Become a leading transportation and logistics hub
4) Make Chicago a premier destination for tourism and entertainment
5) Make Chicago a nationally leading exporter
6) Create demand-driven and targeted workforce development
7) Foster innovation and entrepreneurship
8) Invest in next-generation infrastructure
9) Deploy neighborhood assets to align with regional economic growth
10) Create a business-friendly environment

11. Impact to Date
– College to Careers; Skills for Chicagoland’s Future
– Announced nearly 25,000 jobs since May 2011
– Streamlined business licensing
– ChicagoNEXT council of technology business leaders
focusing on new opportunities in digital, clean technology
and bio sciences
– Building a New Chicago: $7 billion, 3-year infrastructure
program with major investments in Chicago’s water
system, O’Hare airport, parks, and public transportation
– Chicago Infrastructure Trust: Customized financing using
taxable or tax-exempt debt, equity investments and other
forms of support
• Retrofit Chicago, a $225 million effort to reduce energy costs by more
than $20 million and remove 30,000 cars’ worth of emissions annually
– Chicago Broadband Challenge

12. Closing Lessons
Lesson 1: Leadership
– Led by the Mayor, diverse and inclusive Steering Committee (corporate,
foundation, civic, labor, community leaders)
Lesson 2: Implementation
– Steering Committee provides ongoing oversight, direction and monitors progress
– Fellows provide on the-ground assistance with the strategies and civic
engagement
– High impact initiatives are launched regularly for collective top-line GRP and jobs
Lesson 3: Process
– Designed as a living process – not a one-time project – that welcomes
collaboration, has built-in accountability, and will be maintained, refreshed, and its
progress tracked over time

13. WorldBusinessChicago.com
@WorldBizChicago
Facebook.com/WorldBusinessChicago