World Economic Forum World Economic Forum The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was founded in 1971 as a not-for-profit organization. It gained formal status in January 2015 under the Swiss Host-State Act, confirming the role of the Forum as an International Institution for Public-Private Cooperation. The Forum's mission is cited as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas." The WEF is best known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern
World Business Forum World Business Forum The World Business Forum is an annual global business summit held in New York City. A 2008 Burson-Marsteller survey ranked the forum among the world's top five most influential venues for C-Suite executives. The event is organized by WOBI, an executive education and management content firm. The yearly summit brings together over 5,000 attendees, consisting mostly of senior executives, from over 60 countries to hear the debate and discussions of top political and business leaders as well as renowned intellectuals about the current issues and challenges of the world business environment and global economy. The World Business