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"
World Hindu Economic Forum European business center. Along with scores of bright young Hindu professionals and businessmen, many prominent Hindu professionals and businessmen also attended the forum. Shri Subhash Thakrar (Member of WHYC Steering Committee), and Shri Anil Puri (Member of Steering Committee), Prof. (Dr.) R. Vaidyanathan, Dr. Gautam Sen, S. V. Anand, Shri Arun Bajaj and Shri Anil Puri share their thoughts at the conference. The World Hindu Economic Forum - Regional Forum for South-East and East Asia was organized in Malaysia from 6–7 January 2013 at the Berjaya Times Square Hotel. Delegates from the ASEAN Countries, Bharat, UK and Fiji graced the