What is WEF, WEF Full Form, WEF Kya Hai, Full Form of WEF, WEF full form, WEF full name and meaning, how did WEF start, friends do you know, what is the full form of WEF, if your answer is no, then you have no reason to be sad. There is no need, because today in this post we are going to give you complete information about WEF. So Friends WEF Full Form and to know its complete history, read this post till the last.
WEF Full Form
The full form of WEF is “World Economic Forum”, the meaning of WEF full form is “World Economic Forum”. The World Economic Forum is a Swiss non-profit foundation, based in Cologne, Geneva, that works to improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Describes itself as an independent international organization committed to
It is a “World Economic Forum”. It is a non-profit foundation of Switzerland. It is located in Cologny, Geneva. It engages business, political, academic and other leaders of society to shape global, regional and industry agendas. It is an independent international organization committed to benefit the world by doing business.Formerly, it was known as “European Management Forum” which was established in 1971, later, it changed its name to “World Economic Forum” in 1987. World Economic Forum which is a meeting where all the representatives from different nations come together and share their views through discussion, to have a better world or how to make our world a better place to live place can be made.
The World Economic Forum (WEF) is an international organization established in 1971 as a not-for-profit foundation for public-private cooperation and headquartered in Geneva, Switzerland. The Forum provides a platform for leaders from all stakeholder groups around the world – business, government and civil society – to come together Did you know that every year at the World Economic Forum in Davos, there is a gathering of veterans. You will see many celebrities like the head of the nation, economist, businessman, NGO head on the world stage of Davos. This time Davos is very special from India’s point of view. For the first time, Prime Minister Narendra Modi is going to attend the meeting of the World Economic Forum. This time Shah Rukh Khan and social activist Chetna Gala Sinha will also be seen in Davos, Switzerland from 23rd to 26th January.
What is WEF?
WEF stands for World Economic Forum. It is a Swiss non-profit foundation. It is located in Cologne, Geneva. It is an independent international organization committed to benefiting the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Formerly, it was known as “European Management Forum” which was established in 1971, later, it changed its name as “World Economic Forum” in 1987.
WEF is a non-profit organization based in Geneva, founded in 1971 by Klaus Schwab. Here, for your information, let us tell you that the purpose of establishing this organization was to improve the condition of the world. That is, to solve the problems going on majorly in the whole world, these problems can be related to any field, such as education related, health related, poverty, violence etc. WEF has to solve any kind of global problem. There is work. For this, a meeting is held in Davos every year in the last week of January. About 25,00 famous businessmen, world’s top leaders, economists, journalists and many big celebrities reach from all over the world to participate in this meeting, this meeting lasts for 4 days. And there is an in-depth discussion on global problems. In this, apart from debating all the major problems of the world, the methods to be adopted to deal with those problems are also discovered.
It is known as a Swiss non-profit foundation i.e. based in Cologne, Geneva is recognized by the Swiss authorities, the Forum is known for its annual meetings in Davos-Klosters. Through the years, many business, government and civil society leaders have made their way to the high Alps to reflect on the major global issues of the day and brainstorm solutions to address these challenges.
While many global institutions are notable for the breadth of nations or powerful political leaders attending their conference and the WEF annual meeting and virtually all of the Forum’s activities and initiatives around the world are distinguished by the active participation of government, business and civil society, figures, the forum is the most experienced and most promising, all working together in a collaborative and collegial ‘spirit of Davos’. Simply, it is a conglomerate of world business leaders, economists, politicians and celebrities.
Maneka Doshi, Managing Editor of Bloomberg Quint, believes that this year’s World Economic Forum meeting is special not so much because of Prime Minister Modi or US President Trump as because of the fact that for the first time all the seven co-chairs of the forum are women. Women who have made a big name in their respective fields. This includes Christian Lagarde of the International Monetary Fund, as well as Fabiola Gionati, director of the nuclear research organization CERN. Apart from International Trade Union Confederation’s General Secretary Sharon Burrows, Chetna Gala Sinha from India is also joining as co-chair. Apart from being the founder of Maan Deshi Mahila Bank, Chetna also runs Maan Deshi Foundation. He is identified as a social entrepreneur and microfinance banker. The way the world seems to be divided into different parts, it has also increased the challenges of WEF. This is the reason why this year the theme of the Forum has been kept – Creating Shared Future in a Fractured World. On the one hand there are quarrels between Trump and Kim Jong and on the other hand there are leaders like Putin who concentrate their power in themselves. Dealing with them and finding solutions to the problems will be a big challenge for the Forum. Now you know the full form of wef let’s check some history.
History of WEF
The Forum was founded in 1971 by Klaus Schwab, a business professor at the University of Geneva. The first name of the Forum is ‘European Management Forum’ and then it changed to ‘World Economic Forum’ in the year 1987. In the year 1971, Schwab invented 444 executives at the first European Management Symposium from Western European firms which was organized by the European Commission and Held at the Davos Congress Center under the patronage of European industrial associations, Schwab sought to introduce European companies to American management practices.
Read more – PGDM Full Form
Activities by WEF
There are mainly five activities carried out by WEF-
- Annual Meeting in Davos The annual meeting held in Davos during the winter in late January, it meets CEOs of its 1000 member companies as well as elected politicians, academics, NGO representatives, religious leaders and the media. Has an alpine winter climate. The city is small enough to allow all participants to meet anywhere outside the sessions and gives them the greatest opportunity to attend receptions hosted by companies and industries.
- Summer Annual Meeting The Summer Annual Meeting held in China in the year 2007. They bring together 1500 participants global growth companies and fast growing emerging countries such as China, India, Russia, Mexico and Brazil, but also fast growing companies from developed countries. The Chinese premier has given an address at each annual meeting.
- Young Global Leaders Forum This young global leaders group consists of 800 people selected by the organizers of the forum as representatives of contemporary leadership, ‘coming from all regions of the world and representing all stakeholders of society’.
- Social Entrepreneurs Since 2000, WEF has been promoting models for social entrepreneurship, developed in close cooperation with the Schwab Foundation, that promote social entrepreneurship as a key element for advancing societies and solving social problems. exposes.
- Global Shapers In 2011, WEF launched a global network of people between the ages of 20 and 30 who have shown a great potential for future leadership roles in society. Community of Global Shapers highlights Global Shapers, a network of self-organizing local centers located in key locations around the world.
