Mayor Bloomberg, aka Mayor Mike, made a few important points that are as relevant to business as to government yesterday in his Keynote Address at the Economist’s Conference on The Future of New York City as the World’s Business Hub.
1) A Mayor (or any leader) cannot be short term focused nor obsessed with photo opportunities. One has to be as excited about completing a new water tunnel for the City as about glamorous new buildings in Lower Manhattan. Infrastructure upgrades cannot wait; his Administration put more money into the water tunnel project than the five previous mayors combined.