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"
AEI World Forum sessions are held. The AEI World Forum is private and off the record. The World Forum consists of plenary sessions, topical small-group discussion sessions, informal conversational time, and recreational activities. According to the Vail Valley Foundation, "Senior U.S. cabinet officers and legislators provide candid briefings on important policy initiatives. Heads of major international corporations discuss business and financial developments. Government officials from Europe, Asia and the Americas debate international strategic and economic issues in a private, informal atmosphere, far removed from the distractions of day-to-day business." AEI World Forum The AEI World Forum is an annual meeting of business and