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"
International Association of Business Communicators International Association of Business Communicators The International Association of Business Communicators (IABC) is a global network of communications professionals. Each summer, IABC hosts World Conference, a three-day event with professional development seminars and activities, as well as talks by industry leaders. Decisions within the organization are made by a two-thirds vote of the executive board, which is elected by members. IABC members agree to follow a professional code of ethics, which encourages members to do what is legal, ethical and in good taste. IABC's predecessor was the American Association of Industrial Editors (AAIE), which was founded in 1938. AAIE became