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"
Ambrosetti Forum Ambrosetti Forum The Ambrosetti Forum organized by The European House – Ambrosetti, a consulting firm – is an annual international economic conference held at Villa d'Este, in the Italian town of Cernobbio on the shores of Lake Como. Since its inception in 1975, the Forum has brought together heads of state, ministers, Nobel laureates and businessmen to discuss current challenges to the world's economies and societies. The Forum presents forecasts of the economic and geo-political outlooks for the world, Europe and Italy. The forum also analyzes the main scientific and technological developments and their impacts on the future of business