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4. Invest in Data
A solution not driven by data is simply guessing. That’s why advancing cities are laser-focused on using data to solve pressing problems. This requires high-quality data that is clear and accessible to all. Disaggregated and easily digestible data empowers leaders and community advocates with good, actionable information. It uncovers the root causes of problems and sheds light on disparities and other challenges happening in plain sight. It reveals the most accurate story of a neighborhood or population, or the issues that matter most to a community. When this happens, cities and their residents can make the most informed decisions — and the strongest case for focused policies that lead to greater economic opportunities.
Henrietta Moore, Director, Institute for Global Prosperity
How do different communities define prosperity? The London Prosperity Board wants to find out. Collaborating with a number of private and public sector partners, and with the support of JPMorgan Chase, the Board is harnessing data to create a new way of measuring prosperity based on the priorities of local communities.