Big Idea from Dubai: A Global Risk Management Commons

One of the most important sessions at the Global Agenda Council Summit in Dubai addressed the issue of Managing Global Risks.  We are moving into an age where profound threats are emerging to the global economy, society and even the very existence of humanity....

New realities and new risks

I’m enjoying participating in the meeting of the World Economic Forum’s Global Agenda Councils in Dubai.  It goes without saying that the world is a very volatile place and this is a great time of change. There are countless new risks coming from unpredictable...

We need world-wide corporate reporting standards

It was many years ago that I first heard the optimistic adage, “you do well by doing good.”  Back then, advocates of so-called Corporate Social Responsibility were trying to make a business case for good corporate behavior.  Few were persuaded. The main reason for...

Capitalist crisis – what should be done?

Last week’s fraud charges against Goldman Sachs were a wake-up call that trouble still lies ahead for Wall Street. With the global economy remaining stalled, the deepening jobs crisis, a looming commercial real-estate meltdown and other storm warnings of...