From January 20-24th, Global Advances Group management will be attending the 2015 World Economic Forum in Davos, Switzerland to hold high-level talks with relevant stakeholders in what the Forum has themed “The New Global Context”: Complexity, fragility and uncertainty are all challenging progress at global, regional and national levels,
potentially ending an era of economic integration and international partnership that began in 1989. What
is clear is that we are confronted by profound political, economic, social and, above all, technological
transformations. They are altering long-standing assumptions about our prospects, resulting in an entirely
“new global context” for future decision-making. This new context requires a greater awareness of the near
and long-term implications of the following trends and developments:
- The systemic impact of deepening geopolitical fault-lines, decreasing multilateral cooperation and
increasing strategic competition.
- The expected normalization of monetary policy through the reduction of quantitative easing and a future
rise in interest rates.
- The continuing erosion of trust in public and private sector institutions, and the deteriorating dialogue
between government and business globally.
- The breadth and velocity of scientific and technological advances that are considered inspiring and
empowering as well as disruptive and ominous.
- The inability to significantly improve the management and governance of critical global commons, most
notably natural resources and cyberspace.
- The ecological, societal and business repercussions of unabated climate change, youth unemployment
and income inequality.
- The generational shift from societies sharing common values to those that are primarily interest-driven,
and the related rise of sectarianism, populism, nationalism and statism.
In response, and more than ever before, leaders are looking to strengthen their situation awareness
and contextual intelligence. In this regard, the World Economic Forum’s Annual Meeting provides an
unparalleled platform for leaders to develop the necessary insights, ideas and partnerships to respond
to this new context. It achieves this by convening global leaders from across business, government,
international organizations, academia and civil society in Davos for strategic dialogues which map the key
transformations reshaping the world in 2015. The Annual Meeting remains the foremost venue to shape and
develop global, regional and industry agendas at the beginning of the year.