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"
Alpine Town of the Year Alpine Town of the Year The Alpine Town of the Year award is given to towns which have made exceptional efforts for the realization of the Alpine Convention and for sustainable development. The "Alpine Towns of the Year" are members of the international association of the same name. The honorary title "Alpine Town of the Year" is awarded annually by the general meeting of the association’s members at the recommendation of a jury. The jury examines the projects and proposals of the candidates on the basis of ecological, social and economic criteria. Every town in the area covered by the