World Economic Forum its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. Schwab developed the "stakeholder"
Graduate Business Forum globalism is embraced by all its members. Individual GBF Membership is restricted to elected Student Leaders of the Student Government Bodies of the top 55 MBA Business Schools in the world. Student Leaders are invited upon election to participate in the global activities, events and network of the Graduate Business Forum. Business schools that have participated in the GBF and GBC: The Graduate Business Forum's best known activity is the annual global Graduate Business Conference, which brings together business and political leaders with selected student government leaders from the top 50 MBA Business Schools in the world to exchange best