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"
Education World Forum gathering of international education ministers. Supported by the Foreign and Commonwealth Office, the Department for Education, the Department for Business, Innovation and Skills, the Department for International Development and the British Council, it built on ten previous annual Moving Young Minds and Learning and Technology World Forum events. The Education World Forum 2015 took place in London in January. The Forum is the internationally recognised ministerial forum for debating future practice in education and is a closed event, by official invitation only. The event runs with the support of the Foreign and Commonwealth Office (FCO), the Department for Education (DfE),