Business Must Listen – and Lead
As countries turn inward, amid rising nationalism and intolerance, responsive leadership demands that we listen to the underlying message, and act accordingly. Problems such as slow growth, inequality, and technological disruption are affecting people's daily lives, and cannot simply be ignored.
WASHINGTON, DC – Once again business, political, and academic leaders from around the world descended upon Davos for the World Economic Forum Annual Meeting, where they had much to discuss with respect to the current state of the world and how to improve it. This year’s theme was “Responsive Leadership,” which, according to WEF founder Klaus Schwab, “requires a deeper commitment to inclusive development and equitable growth, both nationally and globally.”
In the United States, an acrimonious and divisive presidential campaign, Donald Trump’s election, and a wave of post-election protests all speak to the importance of paying attention to both political messages and cultural divisions. Many observers expected the 2016 election to be a referendum on cultural values, but voters instead sent a clear message about an economy that has excluded them.
The American working class wants someone to pay attention to the fact that their jobs have been displaced by technology and globalization. They want the dignity that comes from work, but the jobs they once performed have disappeared. So now they want someone to fix that problem, and they voted accordingly.
We hope you're enjoying Project Syndicate.
To continue reading, subscribe now.
Get unlimited access to PS premium content, including in-depth commentaries, book reviews, exclusive interviews, On Point, the Big Picture, the PS Archive, and our annual year-ahead magazine.
Already have an account or want to create one? Log in