Davos 2011 - Jim Quigley, Deloitte Touche Tohmatsu Limited

TL;DR

The World Economic Forum's 2011 Annual Meeting focuses on economic recovery, accountability, responsible business, and sustainability.

Transcript

The theme of "Shared Norms for the New Reality" appropriately frames the meetings, conversations, and priorities of the World Economic Forum's 2011 Annual Meeting. Within this framework, the foremost question on everybody's mind is "What is necessary to continue the global economic recovery? What have we learned since we met last year?" As Davos pa... Read More

Key Insights

• 👨‍💼 The 2011 World Economic Forum Annual Meeting focuses on economic recovery, accountability, and responsible business practices.
• 🤗 Free and open markets are pivotal for growth, jobs, competitiveness, investment, and innovation.
• 🌐 Accountability, trust, and confidence are essential for the effective functioning of the global economy.
• 👨‍💼 Businesses are recognizing the importance of sustainability and responsible practices in today's world.
• 🖐️ Deloitte plays a crucial role in fostering accountability, trust, and sustainability in the global economy.
• 🤩 Collaboration and shared goals are key to aligning people towards achieving common objectives.
• 👨‍💼 The purpose of business is evolving towards responsible practices and societal impact.

Questions & Answers

Q: What is the main focus of the 2011 World Economic Forum Annual Meeting?

The main focus is on the global economic recovery, the relationship between free markets and growth, and the importance of accountability and trust in the economy.

Q: Why is accountability crucial for the effective functioning of the global economy?

Accountability ensures trust and confidence among participants and stakeholders, essential for well-functioning markets and economies.

Q: What is the new awareness around responsible business discussed at Davos?

There is a deeper understanding of the changing purpose of business and the evolving relationship between business and society, driving a shift towards sustainability and responsible practices.

Q: How does Deloitte contribute to sustainable business practices?

Deloitte is deeply engaged in sustainability discourse, collaborating at various levels to address sustainability challenges and support responsible business practices.

Summary & Key Takeaways

• The 2011 World Economic Forum Annual Meeting centers around the global economic recovery and the critical relationship between free markets and growth.

• Accountability, trust, and confidence are essential for the effective functioning of the global economy.

• Participants discuss responsible business practices, sustainability, and the evolving purpose of business in society.