Deloitte at Davos: 2010 participation

The World Economic Forum Annual Meeting, also known as "Davos," presents an opportunity each year to gauge the world’s perspective on the most pressing economic and social issues. Renowned global leaders participate in a variety of panel discussions and private events addressing topics at the forefront of the world agenda.

Deloitte’s delegation will collaborate with business and government leaders from around the globe as they seek solutions with which to rethink, redesign, and rebuild the state of the world.

Panel discussions, industry partnerships, and community initiatives

Rethinking Values in the Post-Crisis World

In the wake of the global economic downturn, the issue of ethics and values within the business community has risen on the world agenda. Indeed, in a recent survey by the World Economic Forum, out of 130,000 global respondents, more than two-thirds believe that the current economic crisis is also a crisis of ethics and values. The question remains: Which values or lack of values led to the financial crisis and which values need to be adopted by business leaders to avoid a similar situation in the future? 

Deloitte Global CEO Jim Quigley will moderate this discussion on rethinking values in the post-crisis world. Some of the questions that will be examined are:

• What values should inform good practices for business leadership in the post-crisis world?
• How do we translate those values into action to prevent another economic crisis?

View a video of this panel discussion

Industry partnerships

Deloitte industry teams from Financial Services, Consumer Business, and Life Sciences and Health Care are official advisers to the Forum's Industry Partnerships program, sharing intellectual capital and contributing research to various project initiatives. Deloitte global industry leaders attending Davos participate in high-level discussions and author thought leadership pieces on current global issues, including sustainability, ethics, healthcare, and financial regulation.

Consumer Industries: Sustainable Consumption in Davos
Providing for the next generation of consumers in a sustainable manner presents an unprecedented opportunity to improve global living standards, and also an immense challenge. It has become clear in recent years that efficiency improvements and innovations at the level of production alone cannot bring about necessary changes for reaching a more sustainable society.

Deloitte is the project advisor to the Forum’s sustainable consumption initiative, Driving Sustainable Consumption (DSC). The Deloitte group has gathered input from a global team of cross-industry and sustainability experts acting as a network of senior advisors from around the global organization. The outputs have been compiled into a report entitled, "Redesigning Business Value: A Roadmap for Sustainable Consumption."

Global Health at the Forum: Addressing the Key Challenges Ahead
A team of Deloitte health care practitioners has supported the forum’s "Towards a Global Charter for Health Data" project. Since June 2009, the joint forum/Deloitte team has worked with stakeholders to document the current health data landscape, develop a project vision and core principles, and execute strategy and stakeholder sessions. The results of the work to date will be presented at the Healthcare Governors meeting.

Financial Services 
As an adviser to the Financial Services industry Partnerships program, Deloitte will participate in discussions focused on the future of the global financial markets. The financial crisis of the past year raised tough questions about the future of the global economy, but it also provides insights into economic interdependencies, governance gaps, and systemic risks intrinsic to globalization. These revelations compel the global community to rethink business models, financial innovation, and risk management. Members of the Finance Services Governors meeting, including representatives from Deloitte, will seek solutions to pressing themes such as:

• Government exit of crisis interventions
• Shaping the global financial regulatory framework
• Investing in positive infrastructure
• 2010 investment "heatmap"
• Rethinking financial services' value proposition to society

Professional Services Governors Meeting 
Deloitte Global CEO Jim Quigley and other leaders will discuss the importance of responsible approaches to business activities in preventing economic crises and ensuring sustainable business growth. Specifically this year’s Professional Services Governors meeting will focus on:

• Shaping responsible business approaches
• Recommending solutions to global governance gaps to promote and generate ethical behaviors

Learn more about WEF’s Industry Partnership program.

Community initiatives

World Economic Forum Global Education Initiative (GEI) 
The goal of the GEI is to raise awareness and support the implementation of relevant, sustainable, and scalable national education sector plans on a global level through the increased engagement of the private sector. As a GEI steering board member, Deloitte leaders will engage in several education-focused sessions at the Annual Meeting. John Connolly, Chairman of the DTTL Board of Directors and the DTTL Corporate Responsibility Council, will speak during a GEI-hosted roundtable discussion on "Setting the Global Education Agenda for the 21st Century Economy."

The GEI also sponsored a panel discussion on “Rebuilding Education for the 21st Century” which focused on the challenges faced by education systems and ways that education can be improved around the world. View a video of this panel discussion

World Economic Forum Partnership Against Corruption Initiative (PACI)
The PACI's mission is to develop multi-industry principles and practices that will result in a competitive level playing field, based on integrity, fairness, and ethical conduct. The PACI places the private sector in a unique position to guide governments' and international organizations' strategies and policies on anticorruption and has built strong relationships with the key players and institutions from the global anticorruption landscape. John Connolly, Chairman of the DTTL Board of Directors, will participate in the PACI meeting at Davos.

World Economic Forum International Business Council
Deloitte Global CEO Jim Quigley is a member of the council. Made up of 100 highly respected and influential chief executives from all industries, the IBC identifies and addresses globally relevant business issues and develops practical solutions. It also acts as an advisory body providing intellectual stewardship to the World Economic Forum.