also demonstrated again how interconnected we are. We have to restore a functioning system of smart global coopera on structured to address the challenges of the next 50 years. The Great Reset will require us to integrate all stakeholders of global society into a community of common interest, purpose, and action. We need a change of mindset, moving from short-term to long-term thinking, moving from shareholder capitalism to stakeholder responsibility. Environmental, social and good governance have to be a measured part of corporate and governmental accountability.“ Other members of the WEF had similar opinions: Prince Charles, one of the WEF’s leaders, noted that “We have a golden opportunity to seize something good from this Covid-19 crisis. Its unprecedented shockwaves may well make people more recep ve
to big visions of change,” while António Guterres, Secretary-General at United Na ons in New York added that “The Great Reset is a welcome recogni on that this human tragedy must be a wake-up call. We must build more equal, inclusive, and sustainable economies and socie es that are more resilient in the face of pandemics, climate change, and the many other global changes we face.“ One of the managing directors at the WEF, Olivier Schwab, also stressed that “With the pandemic, a great opportunity can be seized to put some of the big themes on the table to make the world more sustainable,“ no ng that to seize this opportunity, everyone has a role to play, and asking us to join them. Speaking about joining them, the upcoming 51st WEF summit will be a bit different: it will include both in-person and virtual meetings,
connec ng key global governmental and business leaders in Davos with a global multistakeholder network in 400 ci es around the world for a forward-oriented dialogue driven by the younger genera on. WEF wants to ensure that the Great Reset discussion will be pushed beyond the boundaries of traditional thinking, therefore, the summit will interconnect thousands of young people with a powerful virtual hub network to interact with the leaders in Davos. Each of those hubs will have an open house policy to integrate all interested ci zens into this dialogue, making the Annual Mee ng open to everyone. In addi on, global media and social media networks will mobilize millions of people, enabling them to share their input while also providing them with access to the Annual Mee ng discussions in Davos. europeanbusinessmagazine.com 15
