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Partnering for Security and Prosperity Dialogue at the January 2004 World Economic Forum Annual Meeting: Participants Heba R

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Partnering for Security and Prosperity Dialogue at the January 2004 World Economic Forum Annual Meeting: Participants Heba R Annual Report 2003/2004 Partnering for security and prosperity Dialogue at the January 2004 World Economic Forum Annual Meeting: participants Heba R. Ezzat, left, a Cairo University academic, and Bernard Guetta, a French editor. Foundation Board members Klaus Schwab Executive Chairman of the Foundation Board William I. M. Turner Chairman and Chief Executive Officer, Exsultate Inc, Canada; Vice-Chairman of the Foundation Board Josef Ackermann Spokesman of the Board and Chairman of the Group Executive Committee, Deutsche Bank AG, Germany; Vice-Chairman of the Foundation Board Kurt Alig Chairman, Arcadia Treuhand AG, Switzerland; Secretary of the Foundation Board Peter Brabeck-Letmathe Chief Executive Officer, Nestlé SA, Switzerland Lord Carey of Clifton Former Archbishop of Canterbury, United Kingdom Victor L. L. Chu Chairman and Chief Executive Officer, First Eastern Investment Group, Hong Kong SAR Flavio Cotti Former President of Switzerland Michael S. Dell Chairman and Chief Executive Officer, Dell Computer Corporation, USA Carly Fiorina Chairman and Chief Executive Officer, HP, USA Niall FitzGerald Chairman, Unilever Plc, United Kingdom Orit Gadiesh Chairman, Bain & Company, USA Rajat Gupta Senior Director, McKinsey & Company Inc, USA Nobuyuki Idei Chairman and Chief Executive Officer, Sony Corporation, Japan Caio Koch-Weser Secretary of State of Finance, Germany Henry A. McKinnell Chairman and Chief Executive Officer, Pfizer Inc, USA Heinrich von Pierer President and Chief Executive Officer, Siemens AG, Germany H.M. Queen Rania of the Hashemite Kingdom of Jordan Peter Sutherland Chairman of Goldman Sachs International; Chairman of British Petroleum Company Plc, UK Ernesto Zedillo Ponce de Leon Director, Yale Center for the Study of Globalization; former President of Mexico The World Economic Forum is the foremost global community of business, political, intellectual and other leaders of society committed to improving the state of the world Contents The Executive Chairman’s statement 2 Annual Meeting 4 The regional agenda 10 Global Institute for Partnership and Governance 16 Centre for Strategic Insight 19 Our members and partners 21 Our communities and constituencies 23 Our people 26 Our organization 28 The Forum leadership 30 The Forum community 31 Sharing knowledge 32 Our financial results 34 Our mission and values 36 Pictured on the cover, clockwise from top left, are: Dick Cheney, Vice-President of the United States of America; Vladimir Putin, www.weforum.org President of the Russian Federation; Pervez Musharraf, President of Pakistan, and Aleksander Kwasniewski, President of Poland 1 The Executive Chairman’s statement Partnering for security and prosperity The year 2003/2004 provided a welcome breathing reform in the Arab world. As important were the space for the global community. After two years relationships made and bridges built that will engender overshadowed by September 11, war in Iraq and future action. financial volatility, it was a period of relative calm, marked by no all-consuming crisis and with signs of Our regional activity again showed the Forum as economic recovery. relevant, timely and proactive as we met influential leaders, in key places, at the right time. The European This respite generated a more optimistic mood among Economic Summit was held in Warsaw on the eve of global leaders. Ironically, it also provided the space to European Union enlargement. The World Economic reflect on the many complex risks that threaten us: Forum in Jordan positioned us in the Middle East as from terrorism and uncertainty in the Middle East to the international community focused on the corporate fraud and emerging pandemics. Such reconstruction of Iraq and the stability of the wider global challenges can never be met alone, however region. We held our Asia Strategic Insight Roundtable strong a nation, industry or company. Their complexity in Seoul one month after South Korean President Roh and interdependence must be met by integrated and Moo-Hyun was reinstated following his earlier interdisciplinary action – from business, government, impeachment, and we convened our Russia Meeting religion and the wider community. To succeed, such 2003 in Moscow shortly before Duma and cooperation requires a robust international framework: Presidential elections. one that transcends barriers of politics, religion and industry; that brings different organizations and Throughout the year, the Forum provides the tools and individuals together in partnership, and has the resources our members need to pursue activities to organizational capability to pursue pragmatic improve the state of the world. To deepen our value to solutions. Alone among international organizations, the members during the year we continued to develop our World Economic Forum provides this collaborative organization. Our new structure reflects and underlines global framework. the Forum’s unique dual offerings: providing value to both business and wider society. This is particularly Our Annual Meeting 2004, which brought together reflected in the twin pillars of the new organization: the 2,280 leaders from 94 countries, demonstrated Centre for Strategic Insight and the Global Institute for the value we provide. The theme Partnering for Partnership and Governance. The Centre devises Security and Prosperity was aptly chosen as dynamic, incisive and relevant content for our summits, participants emphasized the need for interdisciplinary including scenario building, based on an expert cooperation. The benefits of such partnerships were understanding of global business and emerging risks. immediately apparent. The raft of practical initiatives The Global Institute promotes public-private announced ranged from programmes to provide IT partnerships to help address major international centres for poor communities to pledges to economic challenges, from greenhouse gas emissions to IT 2 Lee Kuan-Yew, then Senior Minister of Singapore, with Klaus Schwab, at October’s East Asia Economic Summit in Singapore literacy. In doing so the Institute puts the non-business Rigorous management, and the more positive community at the very heart of the Forum. Thus, it economic climate, helped us to achieve a strong could be said that the Centre provides the environment financial performance. Despite a first half clouded by for members to acquire and share knowledge and the continuing repercussions of the SARS outbreak make the decisions and contacts to take action, while and the tail end of the economic downturn, our the Global Institute provides the vehicles and initiatives income rose to Sfr.74,058,911. This will enable us to to help them succeed. add Sfr.1,751,121 to our reserves, allowing us to continue to invest in the Forum’s future. We have recruited one of the foremost authorities in scenario development, Ged Davis, to lead the Centre Youth has always been a key part of our identity, for Strategic Insight. Ged held senior positions with the both in the age balance of our staff and in the Royal Dutch/Shell Group, latterly as head of its constituencies of young leaders that we support. In scenarios team. Outside the corporate world, he has May, we announced the creation of a dynamic new undertaken scenario work for the World Business young leaders community. This Forum of Young Global Council for Sustainable Development, the Leaders will bring together 1,111 men and women Intergovernmental Panel on Climate Change Emissions from all walks of life who have shown commitment to and UNAIDS. The Global Institute for Partnership and improving the state of the world. I am convinced they Governance is headed by Rick Samans, who joined will go on to provide a true competitive advantage to the Forum as a director in 2001. Rick, a former special the Forum, making it more forward-looking, innovative assistant on international economic policy to the US and provocative, qualities essential if we are to help President, is well qualified for this public-private role. achieve a more prosperous and peaceful future. To make sure the new organization achieves optimum In terms of membership development, financial results, performance, we introduced a change programme institution building, as well as human resources called Waves. This far-reaching initiative involves three development, last year was the most successful in the stages or ‘waves’, focusing sequentially on the history of the World Economic Forum. I would like to individual, teams and the overall organization. The HR thank our members, whose engagement made this team also laid the groundwork for a development and success possible. coaching programme for the Forum’s senior managers. I would like to thank all our people for their contribution; they do an extraordinary job. Thanks must also go to the Foundation Board and our constituencies who, during the course of 2003/2004, showed true ownership of, and commitment to, the Klaus Schwab Forum by taking on far more strategic responsibility. Founder and Executive Chairman www.weforum.org 3 Annual Meeting John Ashcroft, US Attorney-General The World Economic Forum’s 2004 Annual Meeting was held in a spirit of cautious optimism after two years in which it had been dominated by the threat of global terrorism and war in Iraq. It provided a unique platform for leaders from 94 countries and all walks of life to seek ways of driving forward global economic development, for the good of both business and society. Although the world remained a fragile and uncertain place, the Meeting was convened against
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