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Thursday, January 24, 2013

World Economic Forum


The World Economic Forum (WEF) is a Swiss Non-Profit Foundation, based in Cologny,Geneva   committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

WFF is founded in 1971 by Klaus Schwab a German Born Business Professor at the University of Geneva.Originally named the "European Management Forum", it changed its name to the World Economic Forum in 1987

WFF is best known for its annual meeting in Davos(a mountain resort in Graubunden, in the eastern Alps region of Switzerland)that brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss the most pressing issues facing the world, including health and the environment.

WFF also convenes some six to eight regional meetings each year in locations such as Latin America and East Asia, as well as undertaking two further annual meetings in China and the United Arab Emirates.

2013 World Economic Forum Annual Meeting -Jan 22-26,2013
The annual meeting of the World Economic Forum has started. Once again, world leaders, including heads of government and ministerial representation from all but one G20 country, are among the more than 2,500 participants from over 100 countries

The theme of this year's congress at first glance is a mouthful -- "resilient dynamism."  This year, the Davos program is ambitious and it's built on three pillars -
1)"Leading through Adversity," which means boosting the resiliency of organizations, improving decision-making, and strengthening personal resilience
2)"Restoring Economic Dynamism," which means that we achieve inclusive prosperity, rebuild economic confidence, and encourage entrepreneurial innovation
3)"Strengthening Societal Resilience," which means reinforcing critical systems, dealing with natural resources in a sustainable manner, and establishing shared norms.

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