YPO-WPO Connections Are Key to Our Members and Are a Foundation of the Organization
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VOL 1. ISSUE 1 CONNECTING AND INSPIRING YPO-WPO’S GLOBAL LEADERS THE ORIGINAL SOCIAL NETWORK A safe haven of trust, community of peer leaders, network of lifelong learners and uniquely personal experience — for 62 years. IS THE EURO IN CRISIS?+ MEMBERS WEIGH IN CULTIVATING THE NEXT GENERATION OF LEADERS — YPO AND WPO YOUTH YPO GLOBAL PULSE: PEER-TO-PEER VIEWPOINTS ON BUSINESS AND THE ECONOMY BETTER LEADERS THROUGH EDUCATION AND IDEA EXCHANGETM NOVEMBER 2012 YOUR TRAVEL DESERVES ITS OWN BUSINESS PLAN Whether you are attending a YPO-WPO conference in a major city, looking to host a one-of-a-kind event INSPIRATO RESIDENCE PUNTA CANA, DOMINICAN REPUBLIC in a beachside resort or offering unforgettable vacations to your partners and employees, Inspirato for Business offers you members-only access to our private portfolio of exclusive, multimillion-dollar residences. In addition, Inspirato partners with the fi nest hotels, resorts and adventure travel outfi tters to create more than 200 exceptional travel options in 50 iconic locations around the globe. With the opportunity to share access with partners, key employees and associates, and the fl exibility to travel as much as you like, Inspirato for Business makes luxury travel a unique value. FOR BUSINESS CALL OUR BUSINESS MEMBERSHIP GROUP AT +1.303.577.0307 OR VISIT INSPIRATO.COM/YPO TO LEARN MORE ABOUT OUR SPECIAL YPO-WPO OFFER. ONCE YOU DO, YOU’LL NEVER WANT TO TRAVEL ANY OTHER WAY AGAIN. HOST YOUR NEXT YPO-WPO FORUM RETREAT IN ONE OF THE WORLD’S TOP VACATION DESTINATIONS. FOR INFORMATION ON OUR EXCLUSIVE YPO-WPO FORUM OFFER VISIT: INSPIRATO.COM/YPO. Inspirato is a private club that requires a nonrefundable Initiation Fee. Reservations vary in price by property and date, and are subject to availability. © 2012 Inspirato LLC. INSPIRATO® is owned and operated by Best of 52, LLC (doing business in California as California Best of 52, LLC), the sponsor of this advertisement. 1637 Wazee Street, Suite 400, Denver, Colorado 80202. Fla. Seller of Travel Reg. No. ST38403. Washington Seller of Travel Registration No. UBI 603086598. CST 2107465. Registration as a seller of travel in California does not constitute approval by the State of California. Best of 52, LLC is not a participant in the California Travel Consumer Restitution Fund. 12283InspiratoPuntaCana(Ignite)_F.indd 1-2 10/24/12 8:44 AM YOUR TRAVEL DESERVES ITS OWN BUSINESS PLAN Whether you are attending a YPO-WPO conference in a major city, looking to host a one-of-a-kind event INSPIRATO RESIDENCE PUNTA CANA, DOMINICAN REPUBLIC in a beachside resort or offering unforgettable vacations to your partners and employees, Inspirato for Business offers you members-only access to our private portfolio of exclusive, multimillion-dollar residences. In addition, Inspirato partners with the fi nest hotels, resorts and adventure travel outfi tters to create more than 200 exceptional travel options in 50 iconic locations around the globe. With the opportunity to share access with partners, key employees and associates, and the fl exibility to travel as much as you like, Inspirato for Business makes luxury travel a unique value. FOR BUSINESS CALL OUR BUSINESS MEMBERSHIP GROUP AT +1.303.577.0307 OR VISIT INSPIRATO.COM/YPO TO LEARN MORE ABOUT OUR SPECIAL YPO-WPO OFFER. ONCE YOU DO, YOU’LL NEVER WANT TO TRAVEL ANY OTHER WAY AGAIN. HOST YOUR NEXT YPO-WPO FORUM RETREAT IN ONE OF THE WORLD’S TOP VACATION DESTINATIONS. FOR INFORMATION ON OUR EXCLUSIVE YPO-WPO FORUM OFFER VISIT: INSPIRATO.COM/YPO. Inspirato is a private club that requires a nonrefundable Initiation Fee. Reservations vary in price by property and date, and are subject to availability. © 2012 Inspirato LLC. INSPIRATO® is owned and operated by Best of 52, LLC (doing business in California as California Best of 52, LLC), the sponsor of this advertisement. 1637 Wazee Street, Suite 400, Denver, Colorado 80202. Fla. Seller of Travel Reg. No. ST38403. Washington Seller of Travel Registration No. UBI 603086598. CST 2107465. Registration as a seller of travel in California does not constitute approval by the State of California. Best of 52, LLC is not a participant in the California Travel Consumer Restitution Fund. 12283InspiratoPuntaCana(Ignite)_F.indd 1-2 10/24/12 8:44 AM Build Bridges. 2013 Global Leadership Conference Capitalizing on the symbolism of Istanbul’s iconic bridges — connecting continents, cultures, religions and a long, vibrant history — the 2013 GLC will challenge your boundaries and help you gain new insights from members and renowned thought leaders from around the world. Officer Education Why attend the GLC? 26 – 28 February 2013 • Peer-to-peer idea exchange with the world’s best leaders • Education and robust discourse in a safe haven of trust Global Leadership Summit 28 February – 2 March 2013 • Unparalleled networking opportunities Istanbul Register Now: www.myypo.org/GLC2013 VOL. 1, ISSUE 1 IGNITE WELCOME Build Bridges. 2013 Global Leadership Conference Capitalizing on the symbolism of Istanbul’s A Message from International Chairman Chuck Davis iconic bridges — connecting continents, cultures, religions and a long, vibrant history — the 2013 GLC will challenge Dear YPO and WPO Friends, your boundaries and help you gain new Welcome to the first edition of Ignite, a YPO-WPO magazine with a mission to connect and insights from members and renowned inspire global leaders. Ignite literally means “to set in motion,” “to spark” or “to glow and ra- thought leaders from around the world. diate.” We chose this name as a reflection of the passion that drives YPO and WPO members toward achievement and success — and each other as peers. YPO-WPO connections are key to our members and are a foundation of the organization. The impetus to publish our own magazine grew from the unrelenting quest to find new and easy ways to connect members. Ignite will be published biannually. We have designed a uniquely compact publication that requires less material and is printed on recycled paper. The inaugural issue’s cover story addresses what a lot of us already know, that YPO-WPO is the original social network. But how did it evolve? What has changed? How can we better connect in today’s digital environment? Can you imagine what our founder, Ray Hickok, would think if he attended one of today’s Global Leadership Conferences where 2,000 members from more than 100 countries meet for education and idea exchange? As you read Ignite, I hope you feel inspired to reach out to your peers, make new connections and explore new in- terests. If you are intrigued by the Deal Network or Family Business Network, read about their growth, goals and activities. If you are looking for ideas on meaningful Family events or are thinking about how to help your child expe- rience the world through the YPO-WPO Global Internship Program, learn more and make those connections. If you are curious about the YPO-WPO Mentorship Program or becoming either a mentor or a mentee, you can read about members benefitting from the program today. If you haven’t yet registered for the Istanbul GLC, read about the ulti- mate experience in YPO-WPO education and sign up to attend. We’ve also got stories for you about what it takes to be an effective global leader, how peers are navigating the euro situation, and how chapters in the Middle East and North Africa are managing and leading in a time of crisis. In the center of the magazine, you can dive into the results and impact of the YPO Global Pulse, which is the only quarterly indicator of chief executive sentiment on the global economy. Thanks to the input from our members, we get a perspective from the world’s leading chief executives on the overall economic climate. Some of our trusted resources — members, thought leaders and subject matter experts alike — have contributed to this issue through commentary and interviews. Whether you are a YPO member, WPO member, spouse or partner, I hope that you find Ignite interesting, educational and inspiring, and that it helps you connect to your peers in new www.myypo.org/ignite and exciting ways. Officer Education Best regards, Why attend the GLC? 26 – 28 February 2013 • Peer-to-peer idea exchange with the world’s best leaders • Education and robust discourse in a safe haven of trust Global Leadership Summit 28 February – 2 March 2013 • Unparalleled networking opportunities Chuck Davis Istanbul 2012-2013 YPO-WPO International Chairman 3 Register Now: www.myypo.org/GLC2013 It looks like no other electric car, because it is like no other electric car. The Fisker Karma is the world’s fi rst high-performance electric vehicle with extended range. Its EVerTM technology uses a lithium-ion battery that provides up to 50 miles of driving. After that, a combustion engine drives a generator that powers the dual electric motors for an additional 250 miles. Because the world needs new, we push onward. ©2012 Fisker Automotive, Inc. The Fisker name, model names, and logo are registered trademarks. All rights reserved. FiskerAutomotive.com VOL. 1, ISSUE 1 IGNITE FEATURES A YPO-WPO PUBLICATION NOVEMBER 2012 42 Media Matters YPO-WPO’s partnership with CNBC is a win-win for both organizations, providing members with a media platform for sharing their expertise and the news network with access to the best minds in business 56 Managing a Family Business YPO Global Pulse With nearly 40 percent of YPO and WPO 50 A World of Opportunity members leading family-owned businesses, Member viewpoints on business and investment the Global Family Business Network has become a vital lifeline to information and ideas 52 Taking the World’s Economic Pulse A chief executive sentiment index like no other in the world 54 The United States and the Global Economy www.myypo.org/ignite VOL 1.