UNIAPAC Foundation Board Think Tank Meeting 2019 INCREASING INEQUALITY AND BUSINESS AS A NOBLE VOCATION : Uniapac : Marie-Paule Stéphan - Photos June 2019. Graphic design June 2019. Report of the working sessions held April 5th, 2019 by the Think Tank of the UNIAPAC Foundation PARIS 2019 UNIAPAC Foundation Board Think Tank Meeting INCREASING INEQUALITY AND BUSINESS AS A NOBLE VOCATION Transcripts by Avery Grant April 5th, 2019 PARIS TABLE OF CONTENTS AGENDA 04 3 PANEL III > Starting from the World of the Poor Martin Maier 32 LIST OF PARTICIPANTS 06 PANEL III > REFLECTION OPENING WORDS AND DISCUSSION Rolando Medeiros 12 Moderated by Sigrid Marz 34 4 PANEL IV > Economy for the INTRODUCTION Human Being. Sense and Soul Michel Camdessus 14 of Capital Ulrich Hemel 39 PANELS 17 PANEL IV > DISCUSSION Moderated by Pierre Lecocq 44 1 PANEL I > Ethical Transformations for a Sustainable Future : The 5 SYNTHESIS experience of the Mondragon & CONCLUSION 48 Cooperative Corporation Juan Manuel Sinde 18 PANEL I > DISCUSSION ANNEX 50 Moderated by Nicolás Mariscal 21 2 PANEL II > Reforming the Enterprise Olivier Favereau 25 PANEL II > DISCUSSION Moderated by Michel Camdessus 28 3 AGENDA APRIL 5th, 2019 VENUE 9 RUE DE VALOIS - 75001 PARIS 4 MORNING SESSION AFTERNOON SESSION 8 h 30 14 h 00 - 14 h 30 Welcome of participants and group picture. Panel III > “Starting from the world of the poor” by Martin Maier, Spiritual Advisor of 9 h 00 - 9 h 15 UNIAPAC, Germany. Opening words by Rolando Medeiros, Chairman of the UNIAPAC Foundation, Chile. 14 h 30 - 15 h 00 Open discussion moderated by Sigrid Marz, 9 h 15 - 9 h 30 Partner of Korn Ferry Belgium and member Introduction by Michel Camdessus, Former of the Board of the UNIAPAC Foundation, Managing Director of the International Germany. Monetary Fund and Honorary Governor of the Banque de France. 15 h 00 - 15 h 30 Panel IV > “Economy for the human being. 9 h 30 - 10 h 00 Sense and soul of capital” by Ulrich Hemel, Panel I > “Ethical Transformations for a President of Bund Katholischer Unternehmer Sustainable Future : The experience of the e.V. (BKU), Germany. Mondragon Cooperative Corporation”, by Juan Manuel Sinde, President 15 h 30 - 16 h 00 Arizmendiarrieta Kristau Fundazioa, Spain. Open discussion moderated by Pierre Lecocq, Chairman of the Honor Committee, UNIAPAC 10 h 00 - 10 h 30 Foundation, France. Open discussion moderated by Nicolás Mariscal, Chairman of the Board, Grupo 16 h 00 - 16 h 30 Marhnos, Mexico. Synthesis and Conclusions by Rolando Medeiros, Chairman UNIAPAC Foundation. 10 h 30 - 11 h 00 Coffee Break 11 h 00 - 11 h 30 Panel II > “Reforming the entreprise”, by Olivier Favereau, Co-director Department « Economie and Society » Collège des Bernardins, France. 11 h 30 - 12 h 00 Open discussion moderated by Michel Camdessus, Former Managing Director of the International Monetary Fund and Honorary Governor of the Banque de France. 12 h 00 - 14 h 00 Lunch offered by the Uniapac Foundation. 5 LIST OF PARTICIPANTS LAURENT BATAILLE MARTIN MAIER ROMAIN BUQUET NICOLAS MARISCAL TORROELLA MICHEL CAMDESSUS SIGRID MARZ SERGIO CAVALIERI ROLANDO MEDEIROS PIERRE DESCHAMPS PHILIPPE MINE OLIVIER FAVEREAU HENRY SAINT BRIS ULRICH HEMEL JUAN MANUEL SINDE LUIS HERNANDO DE AGNES SCHRÉDER LARRAMENDI MARTÍNEZ RODRIGO WHITELAW PIERRE LECOCQ ETIENNE WIBAUX BURKHARD LEFFERS 6 LIST OF PARTICIPANTS LAURENT BATAILLE Mr. Camdessus was educated at the University of Paris (Institut d’Études Politiques) and the National School of He is Chairman and CEO of Poclain Group. He is electrical Administration (ENA). Mr. Camdessus joined the Treasury and mechanical engineering from the ESTP in France and in the Ministry of Finance in 1960. He became Director in 1982 obtained the MBA from Columbia University in of the Treasury in February 1982. During the period 1978- New York. He began his career at Dumez Group before 84, Mr. Camdessus also served as Chairman of the Paris joining Poclain Hydraulics in 1985. He is General Manager Club, and was Chairman of the Monetary Committee in 1992, then Chairman and Chief Executive Officer in of the European Economic Community from December 2002, and successfully conducted the Group to where 1982 to December 1984. He was appointed Governor it is today. A family-owned company Poclain is the of the Bank of France in November 1984. He served in world’s leading expert in the design, manufacture and this capacity until his election as Managing Director of marketing of power transmissions systems and related the IMF (1987-2000). services for agricultural, construction, material handling and mining machinery, and now for road vehicles. Poclain Group is organized around 4 divisions, has sales SERGIO CAVALIERI subsidiaries in more than 20 countries, 10 production President of ADCE Brazil and Uniapac Latin America, sites and employs 2 500 employees worldwide. In Sergio Cavalieri, Civil Engineer, postgraduate in Finance, addition to his professional activities, he devotes part Advanced Management Program at INSEAD France. Sergio of time in high-level engagements within professional is one of the members of the third generation of the organizations such as FIM (Federation of Mechanical family who founded the ASAMAR Group in 1932. The Industries), UIMM (French Mechanical Employers Group holds stakes in companies in fuel distribution, real Association) , UTC (Technical University of Compiègne, estate and construction, manufacturing of components France). He was President of the French association for steel construction, steel structure project, fabrication Entrepreneur et Dirigeant Chrétien from 2014 to 2018. and construction, Data Center, renewable energy from During his mandate, he highlighted the social teaching of wood and a new project in wind power generation. He is the church. He is married, father of 5 girls and grandfather Chairman of the Board to the Holding Company of the of 3 grandchildren. Group, and member of the board of several companies of ASAMAR Group. Founder and Past President of ADCE - ROMAIN BUQUET Association of Christian Businessmen of Montes Claros, After a business education (Master in Management, ESCP Past President Europe), Romain started working as a junior consultant for Accenture in Canada, in the change management PIERRE DESCHAMPS team. He then joined GROUPE SOS, the European Pierre Deschamps spent his entire professional career leading social enterprise (12 000 employees, USD 750 at Unilog, an IT services company. He was a member million turnover), with missions related to international of its board of directors from 1992 to 2004, then the development. Romain co-founded in 2012 a forum that president of its supervisory board from 2004 to 2008. gathers every year 1 000 decision makers from around In 2012, Unilog was acquired by CGI Group, a Canadian- 40 countries (IMPACT²). He was subsequently Chief American company. He was the vice chairman of the Operating Officer at INCO, an impact investment private French trade union of research and consulting firms, equity fund (€ 100 million under management). Since 2015, then a member of the Chamber of Commerce and Romain works as a researcher and lecturer on the topic Industry of Paris Ile-de-France. After retiring in 2008, on entrepreneurship and commitment (Research Master he became an investor in expansion capital funds, also at Mines de Paris and PhD. candidate at ESCP Europe). making investments and managing partner companies. Simultaneously, he became involved in nonprofit and MICHEL CAMDESSUS philanthropic activities, namely as the president of He is a former Managing Director of the International Les Entrepreneurs et Dirigeants Chrétiens (Les EDC, a Monetary Fund and Honorary Governor of the Banque movement for Christian Entrepreneurs and Business de France. He is a member of the Africa Progress Panel, Leaders) from 2006 to 2010, and as a member of the chaired by Mr. Kofi Annan. He was a member of the sponsorship committee of the Collège des Bernardins. UN Secretary General’s Advisory Board on Water In 2011, along with his family, he created CapitalDon, and Sanitation. Mr Camdessus was the Chairman of an endowment fund aimed at supporting academic the World Panel on Financing Water Infrastructure research works on the creation of governance models, (report : “Financing Water for All” - Kyoto-March 2003). based on Christian ethics and directed towards growth 7 LIST OF PARTICIPANTS strategies, and seeking to make financial contributions “Institute of Social Strategy” (Berlin-Jena-Laichingen) towards organizations fostering the development of aiming at the investigation and promotion of global young businesses. (www.capitaldon.org) Widowed civil society including education, sustainability, global since 2016, he has three children, one of whom died in ethics, migration and the rights of minorities. 2003/2004 an accident in 1996, and six grandchildren. “manager of the year” (BDA), 2005 “Economic Book of the Year” (Financial Times Germany) for “Wert und Werte” nd OLIVIER FAVEREAU (Value and Values - Ethics for Managers), Munich 2005, 2 edition 2007, Spanisch Translation 2006 ; “Die Wirtschaft Graduated from the Institute of Political Studies in ist für den Menschen da” (Ostfildern 2013, Spanish Paris in 1967, he also holds a DES in Economics from the Translation : Economía para el Ser Humano, Bogotà 2016). Faculty of Law and Economics of Paris, obtained in 1968. He is first a director in the Senate (Commission social LUIS HERNANDO DE LARRAMENDI affairs), then technical collaborator at the Center for Economic and Social Research (CRES) at the University MARTÍNEZ of Paris X. He obtained his doctorate in Public Finance Luis Hernando de Larramendi Martínez is a Spanish at the University Paris X in June 1982 and his doctorate Lawyer. He is at present Executive President of the of State in economics at the University Paris 1 Panthéon- charitable-cultural Foundation Ignacio Larramendi, Sorbonne in November 1982. In 1983, he obtained the President of ASE-Acción Empresarial, Association of agrégation of economics. Appointed professor of Catholic Business leaders dependent on the Spanish economics at the University of Le Mans, he will then Bishop Conference, and active member of UNIAPAC be transferred to Paris X University.