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"
Toronto Global Forum to facilitate meetings between key world leaders in order to encourage global discourse. The International Economic Forum of the Americas hosts two other annual events: the Conference of Montreal (founded in 1995), as well as the World Strategic Forum, held in Miami (founded in 2011). Current members of the advisory board of the Toronto Global Forum are: Toronto Global Forum The Toronto Global Forum (TGF) is an annual economic event organized by the International Economic Forum of the Americas since 2007. The Toronto Global Forum is a not-for-profit organization presenting annual conferences on global economic issues. The TGF mission is