In keeping with the tradition of opening blog posts of the year with reports from Davos, listing highlights from Davos 2012…
- The digital age brings transparency but also increasing threats to confidentiality.
- Greater and more coherent regulation is needed, but there is a vacuum of regulatory bodies.
- Corporations seeking to enter the Chinese market may be required to compromise their privacy values.
Growth and Employment Models
- The development of a human capital index can help close the gap between the skills that are available and what business requires.
- Education is the key piece in growth and employment.
- Entrepreneurship should be actively encouraged.
- Governments should rethink policies that impede the global mobility of talent.
- Social protection and collective bargaining rights promote growth.
Leadership and Innovation Models
- Accelerated communications and public demand for immediate information complicate the tasks of modern leaders.
- The new brand of leader needs to respond both to his/her domestic constituency and to a global one as well.
- Trust is the key issue and establishing trust depends on integrity, openness and commitment.
- Social change is being driven by technology, and while leaders might not understand all aspects, success depends on picking subordinates who do.
Social and Technological Models
- New technologies offer many benefits, but also raise serious social, political, legal and ethical issues.
- Developments in brain science promise help for people suffering from Parkinson’s Disease, depression and other disorders.
- People can now customize technology to meet their individual needs and desires.
- The gap between scientific and technological progress and the understanding of the general public is growing. New media can provide platforms for education, discussion and debate on the issues raised by advances in science and technology.
The Future Enterprise Model
- If managers want to influence behaviour, they should start by building a favourable working environment.
- Three new major elements have emerged in the operating environments of enterprises in the last decade: greater demands from stakeholders, greater connectivity and faster change.
- Old management values remain important but must be re-emphasized.
- Decisions can often be implemented provisionally and tweaked along the way.
Sustainability and Resource Models
- Modelling and future analyses have the potential to help governments understand complexity.
- Technology is making possible the production of biofuels and polymers by various bacteria.
- China can be looked to as a role model in the energy sector.
- Food security is interlinked with other sectors: land, energy and water; managing this nexus is critical.
- Moving forward to meet today’s challenges – and seizing the opportunities presented by new technologies – will require political leadership.
Innovation Ecosystems 2.0
- The focus of innovation is moving from the enterprise to national and transnational levels.
- Some 50 countries have national innovation agencies and chief innovation officers responsible for driving innovation strategies.
- Innovation is more than a process; it is an ecosystem with multiple stakeholders.
- The global agenda on innovation needs to address global challenges.
Shaping New Models with Technology Pioneers
- Advances in educational technology will rapidly quadruple the number of people with access to full-time learning, causing a new revolution in education.
- The ability to monitor and analyse a body’s biomarkers using advanced molecular techniques will lead to a fundamental change in how we discover, approve and pay for drugs.
- The Internet was built to have a maximum of 3 billion devices connected to it. Capacity is running out and security is not robust.