The World Economic Forum

The World Economic Forum is an independent, international organization incorporated as a Swiss not-for-profit foundation. The WEF is striving towards a world-class corporate governance system where values are as important a basis as rules. Their motto is ‘entrepreneurship in the global public interest’. It is their belief that economic progress without social development is not sustainable, while social development without economic progress is not feasible.

The vision for the World Economic Forum is threefold. It aims to be: the foremost organization which builds and energizes leading global communities; the creative force shaping global, regional and industry strategies; the catalyst of choice for its communities when undertaking global initiatives to improve the state the world.

They enjoy a unique global standing by recognizing and responding to two new developments:

The world’s key challenges cannot be met by governments, business or civil society alone In a world characterized by complexity, fragility and ever greater synchronicity, strategic insights cannot be passively acquired. They are best developed through continuous interaction with peers and with the most knowledgeable people in the field.

To carry out its mission, the World Economic Forum has developed an integrated value chain by involving world leaders in communities, inspiring them with strategic insights and enabling them through initiatives.