Understanding Schwab || Saturday, January 31, 2009 9:42 PM

Business must serve society as large, not just shareholders but stakeholders - Klaus Schwab
Purpose of World Economic Forum is to Reconstruct economy - Klaus Schwab

In 1971, Schwab founded the World Economic Forum as a not-for-profit foundation committed to improving the state of the world, later building it into today's global partnership of business, political, and intellectual leaders.
In 1998, Schwab and his wife founded the Schwab Foundation for Social Entrepreneurship, a non-profit organization based in Geneva, Switzerland.
In 2004, Schwab founded a new foundation, the Forum of Young Global Leaders, which aims to bring together over 1000 people under 40 from all walks of life who have demonstrated their commitment to improving the state of the world, and encourage them to work together over the span of five years to identify and realize global change.

Interesting how Schwab is actually just an economist, businessman, professor but yet is able to organize a forum that brings so many country presidents and world leaders together into one place to CHANGE the world.

I think he has a heart which rings with Pst Tan's msg on making doing well (in economy) a part of doing good.

1 phrase to sum it all - the power of connections

love,
That Faery
kiss and tell. . .

Sharon Tan, Marcom Specialist, CHC, Fan Club of the Vampire in Twilight (Edward Cullen), I've been exercising (giving self a pat on the back) Bday - 12 Aug 1985 ,SMU Biz Mgmt Degree in Marketing and Corporate Comms MSN/Facebk - sharon.shulin@gmail.com, Skype/Twitter - Shulinzz
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