Economic forum

25 January: World Economic Forum meeting (Davos)

The World Economic Forum’s annual meeting in Davos is one of the most important international events, bringing together leaders from business, politics and academia to discuss the great challenges of our time. The theme of this year’s meeting focuses on sustainable development, energy transition and global economic stability.
The discussions in Davos for 2024 focus on the consequences of climate change, rising income inequality and the digital transition. According to a WEF report, accelerating technology use in businesses can increase productivity by 20%, but it also poses challenges such as the need for skilled workforce and privacy.
For businesses, the meeting in Davos is a reminder of the need to operate not only with profitability in mind, but also with social responsibility in mind. Sustainable development and a balance between economic efficiency and environmental protection are now essential for this and it is important that entrepreneurs get advice from business consultants. At the same time, companies are invited to examine the concept of “stakeholder capitalism”, i.e. the creation of value for all stakeholders: employees, customers, shareholders and society.
This year’s meeting also puts international cooperation at the centre. In a world full of geopolitical tensions, achieving common solutions to global problems, such as inflation, energy challenges and managing technological innovation, is more necessary than ever.
The presence of business leaders in Davos offers the opportunity for networking, collaborations and understanding of international trends. Businesses that follow developments and adopt innovative strategies will be the ones that will lead the new era of the economy, creating prospects for growth and resilience in the future.