The Plan for Economic Growth and Jobs is a coordinated effort to assess Chicago's economy and help it expand at a faster rate. It provides a set of goals, a framework for research and analysis, and strategies for which actionable initiatives are being developed.

Plan for Economic Growth and Jobs Leadership Team

Co-Chairs

Michael Sacks
WBC Vice Chairman, CEO of Grosvenor Capital Management, L.P.

Glenn Tilton
WBC Executive Committee Member, Chairman of the Midwest for JPMorgan Chase

Ex Officio

Steve Koch
Deputy Mayor, The City of Chicago

Steering Committee

MarySue Barrett
Metropolitan Planning Council

Frank Beal
Metropolis Strategies

Melissa Bean 
The Executives' Club of Chicago

Steve DeBretto
Industrial Council of Nearwest Chicago

Ivo Daalder
The Chicago Council on Global Affairs

Ty Fahner
The Civic Committee of the Commercial Club of Chicago

Terry Mazany 
The Chicago Community Trust

Theresa Mintle
Chicagoland Chamber of Commerce

Michael H. Moskow
The Chicago Council on Global Affairs

Jorge Ramirez
Chicago Federation of Labor

Desiree Rogers
Choose Chicago

Julia Stasch
John D. and Catherine T. MacArthur Foundation

Howard Tullman
1871 and the Chicagoland Entrepreneurial Center

Andrea Zopp
Chicago Urban League

A Message from the Co-Chairs

On behalf of World Business Chicago and the members of the steering committee, we are pleased to present for your consideration, the first draft of the Plan for Economic Growth and Jobs. The Plan was developed at the request of Mayor Rahm Emanuel. A critical component of the Plan is that it embodies a living process which not only allows, but depends on the input and commitment of Chicago’s and the region’s stakeholders. To be truly successful, therefore, the plan needs you and we respectfully seek your thoughtful review and ideas.

The Plan before you encompasses rigorous analysis of the levers that drive the city’s and region’s growth, clear goals, a framework for analysis, and strategies based upon Chicago’s unique assets. The ultimate success of this effort will be determined by the launch and success of specific initiatives that target these strategies. This work is the product of a diverse steering committee and feedback from nearly 200 multi-sector participants, guided by a team of recognized economic development practitioners. It lays the foundation for a collaborative, inclusive and ongoing process that WBC will maintain.

Many people have contributed to the Plan’s development. Whether providing thought leadership and direction, document review and comments, critical market analysis or interviews providing context to that analysis, collaboration of people and organizations made this plan possible. We would like to acknowledge the steering committee, the project management team (the Brookings Institution Metropolitan Policy Program, McKinsey & Company, Metropolis Strategies and RW Ventures), the interviewees, the WBC board and staff and City of Chicago staff for contributing to a final product that has the power to positively impact the economic growth trajectory of Chicago and the region.

In particular, we thank Mayor Emanuel for his vision and courage to honestly assess Chicago’s and the region’s strengths and weaknesses, seek input from a wide spectrum of stakeholders and empower that team to develop this Plan. We hope that you join with us as we go forward.

Michael Sacks
CEO
Grosvenor Capital Management, L.P.

Glenn Tilton
Chairman of the Midwest
JPMorgan Chase