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Originally Posted by mhays
Looks like plenty of blunt-object criteria, not nuanced as they could be. And some not really pertaining to "importance" at all. But hey my city does ok so what the hell.
The link only seems to go to a list of other topics. But one "blunt object" example might be listing the number of F500 HQs vs. the volume of F500 HQs, based on employment, market cap, revenues, whatever. That would still be blunt but less so.
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With the F500 HQs I can see the rationale for using the quantity of them rather than size or other details. The HQ is where a lot of command power is based, whereas the other things are less clear cut. Like, market cap and revenues could be heavily based in the HQ city or be very spread out across the country or world. And with total employment, if they measured just the employment in that particular city it isn't clear why that makes the city more important than if the same number of people were employed by several companies or self employed. And if they meant total employment by the company anywhere, a lot of that may not even be in the city or contribute much to that city's economy or overall importance. Many large companies have multiple HQs with different regional and national HQs around the world.
A major justification given for corporate mergers and consolidations is that it saves a lot of money by eliminating duplicate leadership and administration. Which is a plus for the company but not so much for the city or cities the companies are based in since that savings means reduced corporate travel, fewer high earning execs, less need for high end office space, etc.
Overall I agree that some of the categories are questionable in terms of their relation to functional importance like the modern urban characteristics category. But all are things many people associate with importance to some degree and none are given overly high weighting. Importance after all isn't a clear, objective category like say, population size. What is important are things people place importance in. This isn't something we'll ever get perfect consensus on, but it seems like there's a decent mix of things people consider important or consider to be signifiers of importance. And as a result, the rankings are fairly close to what most would expect.