Urban life is on the rise around the world as every year tens of millions of people move from country to city. Yet this vast improvement in the quality of life that urbanization promises comes with its own set of managerial challenges. In this issue of McKinsey Perspectives, we focus on the nuts and bolts of delivering on the urban promise today and in the future.
Mobility is a governing theme for any city leadership as they struggle to cope with the universal realities of tight budgets, fixed infrastructure, and growing demand. Stefan Knupfer and Swarna Ramanathan explain how cities can move towards a seamless mobility model. Autonomous vehicles, electric vehicles, ridesharing, smart traffic systems, and predictive maintenance can all work together but require new models for public and private collaboration.