In 1971, Klaus Schwab launched the Davos Symposium, in large part because he "felt there was a gap between management methods [in American and Europe]." Nearly four decades later, the Davos Symposium is now the World Economic Forum. This year's Forum begins today, and while the immediate backdrop of Lake Geneva remains as beautiful as ever, the larger global picture is a murky one at best. In this interview with CNBC Europe's interview program, The Leaders, Schwab recounts the growth of the summit and discusses growing controversy around the meeting, and his belief that business leaders are best equipped to deal with global issues. Though this interview dates to last year's summit, we doubt Schwab has changed his belief in the potential of strong global business leaders. For a more recent, though longer, take on Schwab's expectations for this year's World Economic Forum, you can watch this press conference. Otherwise, here's Schwab on Leaders:
Posted
01-28-2009 9:10 AM
by
Graham Griffith