NYF Program as of June 16, 2011 – (Subject to Change)
Grand Hyatt New York, 109 E. 42nd Street at Grand Central Terminal
COMMITTED TO GROWTH
The New York Forum was conceived out of a conviction that the business world is at a crucial crossroads. It is imperative to send a strong message of optimism about the future of the global economy, work to redefine corporate governance, create long-‐term value and reinvent business models by bringing together all stakeholders in the economy.
The theme of the 2011 Forum is “Committed to Growth”. The focus is on strengthening the connection between economic growth and job growth, the importance of cities as the key engines of dynamism and innovation, the challenges corporate leaders face in a time of volatility and uncertainty, and the distinct opportunities created by growth in emerging economies.
The specific action items that emerge from The New York Forum will be presented to the G-‐20 Summit in Cannes, France in November, 2011.
DAY 1 MONDAY, JUNE 20
8:00 – 8:45am
MANAGING SOCIAL CAPITAL
All businesses are built on relationships, within and outside the organization. Despite that, most leaders apply none of the rigor to relationships that they consider critical for tracking the other parameters of performance. How can you build the strong, engaging relationships inside your company that are critical to effective innovation and corporate growth? How do you establish metrics for the critical relationships that drive your business?
Facilitated by Keith Ferrazzi, Founder, Institute of Relational and Collaborative Sciences
Introduced by Lance Knobel, Director of the Program, The New York Forum
8:00 – 8:45am
9:00 – 10:15am
Richard Attias, Founder and Chairman, Richard Attias & Associates; Founder, The New York Forum
THE ECONOMIC BALANCING ACT: CAN WE SORT OUT ECONOMIC IMBALANCES AND STILL SPUT JOB GROWTH?
A macroeconomic overview of conditions in the global economy and in the major national and regional economies. What can businesses expect in the year ahead? Are we likely to see further currency adjustments as global imbalances are sorted out? Can economic growth also mean job growth in the advanced economies?
Glenn Hubbard, Dean, Columbia Business School, and Member, Center on Capitalism and Society
David Leonhardt, Economics Columnist, The New York Times
Edmund Phelps, Nobel Prize in Economics, 2006, and Director, Center on Capitalism and Society, Columbia University
Mark Zandi, Chief Economist, Moody’s Analytics
The business perspective: Richard Lesser, Chairman, North and South America, The Boston Consulting Group
Michael McCallister, Chairman and CEO, Humana
Moderator: Maria Bartiromo, Anchor, CNBC
10:15 – 11:45am
JOBS! JOBS! JOBS! WHAT CAN WE DO?
Even as economic growth returns to the U.S., high levels of joblessness persist. Worse, the jobs that are being created are increasingly not secure, middle-‐class jobs. Can business leaders and policymakers change the jobs dynamic, or do we need to accept economies where the middle is squeezed out of opportunities? Members of President Barack Obama’s Council on Jobs and Competitiveness discuss current debates about what we can do about jobs.
Valerie Jarrett, Senior Advisor to The President
Steve Case, Chairman, Revolution LLC; Co-Founder, AOL; Chairman, The Case Foundation
Brian Roberts, Chairman and CEO, Comcast
Laura D’Andrea Tyson, SK and Angela Chan Chair in Global Management, Haas School of Business,
University of California Berkeley
Robert Wolf, Chairman, UBS Americas; President, UBS Investment Bank
Moderator: Chrystia Freeland, Digital Editor, Thomson Reuters
11:45am – 12:00pm
12:00 – 1:00pm
UNCERTAINTY AND VOLATILITY
When The New York Forum last assembled, many executives and analysts were still sifting the runes of the financial crisis to figure out an appropriate way to navigate through uncertainty. But look at what has happened since just the beginning of 2011: democratic revolutions in the Arab world, a devastating earthquake and tsunami and a resulting nuclear crisis in Japan, a near shutdown of the US government, and the killing of Osama bin Laden. What is the right stance for leaders through such dramatic uncertainty and volatility?
David Brooks, Columnist, The New York Times
Tom Glocer, CEO, Thomson Reuters
Mohammed bin Essa Al-Khalifa, Chief Executive, Bahrain Economic Development Board
Long Yongtu, China’s WTO accession negotiations, Chief Expert; former Vice Minister of Commerce, People’s Republic of China
Lynn Tilton, CEO, Patriarch Partners
James Turley, Chairman and CEO, Ernst & Young
Moderator: Michael Oreskes, Managing Editor, Associated Press
1:15 – 2:15pm
2:15 – 3:15pm
Afternoon Dialogues in Parallel
THE RISE OF THE MULTILATINAS
With growth both solidifying and quickening in many Latin American economies, a new breed of companies is taking advantage of the regional opportunities – the multilatinas. What are the prospects and challenges for the multilatinas? Are they developing new business models that could apply in other regions?
Felipe Jens, President, Odebrecht Participações e Investimentos.
Alejandro Ramirez, CEO, Cinepolis
Federico Restrepo, CEO, Empresas Públicos de Medellín
Karl Sauvant, Executive Director, Vale Columbia Center on Sustainable International Investment, Columbia University
Moderator: Luis Alberto Moreno, President, Inter-American Development Bank
THE SUSTAINABILITY AGENDA
Companies and societies are facing a historic shift away from carbon‐intensive forms of energy. But while sustainability has been a concern for decades in many leading organizations, in too many cases such concerns are pushed aside at the first sign of economic stress. What’s next for the sustainability agenda?
Manuel Camacho Solís, former Mayor of Mexico City and former Secretary of Urban Development and the Environment, Mexico
Tim Carey, Senior Director of Sustainability and Technology, PepsiCo
Daniel Esty, Commissioner, Connecticut Department of Energy and Environmental Protection
Rick Fedrizzi, Founding Chair, US Green Building Council
Moderator: Ellis Rubinstein, President and CEO, New York Academy of Sciences
AGILE DESIGN AND INNOVATION: HEALTH AND WELLNESS
Design and innovation firm IDEO will lead this interactive workshop which will introduce participants to the innovation practice of design thinking and take part in activities focused on finding inspiration from real people rather than demographics or statistics. The workshop will concentrate on imagining and prototyping solutions in health and wellness. Participants will learn through a guided workshop experiences an approach to translating observations and insights into relevant ideas and design solutions, and should be able to use this methodology in their own challenges, beyond the specific case that the session will cover.
Facilitated by: Doug Solomon, Chief Technology Officer, IDEO
3:15 – 3:30pm
3:30 – 4:30pm
DOES GEOGRAPHY MATTER?
Is the world flat or spiky? Some analysts of globalization see a leveling of opportunity and a global contest for talent, ideas and advantage. But others still assert the primacy of place. What’s the right lens for corporate leaders?
Hans‐Paul Bürkner, President and CEO, The Boston Consulting Group
John Hagel, Co‐Chairman, Deloitte Center for the Edge
Donna Milrod, Deputy CEO, Deutsche Bank Americas
Mostafa Terrab, Chairman, OCP Group, Morocco
Jerry Webman, Chief Economist, OppenheimerFunds
Moderator: Lucian Sarb, Director of News and Programmes, Euronews
4:30 – 5:30pm
PLENARY: DIFFERENT SENSIBILITIES, DIFFERENT RESULTS?
It’s a commonplace to lament the under‐representation of women in senior management ranks. But other than equality, will women in leadership roles in business and finance change the way things are done? Would some of the colossal errors of recent years have been avoided by a different leadership sensibility? Or are organizational norms stronger than gender differences?
Cecilia Attias, Founder, Cecilia Attias Foundation for Women
Beth Brooke, Global Vice Chair, Ernst & Young
Luis Alberto Moreno, President, Inter‐American Development Bank
Laetitia Pichot de Cayeux, CEO and Portfolio Manager, Ajna Partners
Phillip Scanlan, Australian Consul General in New York
Moderator: Cindi Leive, Editor‐in‐Chief, Glamour
5:30 – 5:50pm
5:50 – 7:00pm
PLENARY: THE CHINESE MODEL
China consumes half of the world’s cement, a third of its steel and a quarter of its aluminum. It adds 105GW of power annually, more than India’s whole grid. While it’s mesmerizing to consider China’s still‐surging economy, what’s the true state of China’s economic growth? China’s enormous economic potential in the coming decades is not explained by demographics, industrialization and trade practices alone. What are the underlying reasons for China’s approach to business, trade, investment, innovation, and government policies? What is the near-term outlook for China’s economy?
Feng Lun, Chairman, Vantone Holdings Company
Klaus Kleinfeld, Chairman and CEO, Alcoa
Liang Xinjun, Vice Chairman & CEO, Fosun International
Wang Shi, Chairman, China Vanke Company
Moderator: Joseph Kahn, Deputy Foreign Editor, The New York Times
Organizers and co‐chairs of The New York Forum meet with media present to discuss key outcomes from the first day of the NYF.
CULTURAL EVENING: CHINA 360
TheTimesCenter, 242 W. 41st Street
DAY 2 TUESDAY, JUNE 21
7:30 – 8:30am
8:30 – 8:50am
Michael Bloomberg, Mayor, New York City
Introduced by Richard Attias, Founder and Chairman, Richard Attias & Associates; Founder, The New York Forum
8:50 – 10:10am
AMERICA THE ORDINARY?
Is the US now just another economy in the world? Since the late nineteenth century, the US has been a sustained engine of innovation, high growth rates, and dynamism. Have we moved into an era where the US becomes ordinary? What would that mean for businesses and for the world? Or can the US revive its growth engine?
Esther Dyson, Chairman, EDventure Holdings
Thomas Friedman, Columnist, The New York Times
Jeffrey Kindler, former Chairman and CEO, Pfizer
Jonathan Miller, CEO, NewsCorp Digital
Edmund Phelps, Director, Center on Capitalism and Society, Columbia University, Nobel Prize in Economics, 2006
Linda Rottenberg, CEO, Endeavor
Moderator: Maria Bartiromo, Anchor, CNBC
10:10 – 10:45am
10:45am – 12:45pm
Bento box lunch will be served during the Taskforces
The New York Forum Taskforces are small, highly interactive forums that span sectors and geographies, with the purpose of focused discussion among leaders. These workshops, limited to 50 participants each, will use the diverse perspectives of participants to explore the tangible challenges and opportunities associated with specific trends in the current environment. Our intent is to have the taskforces focus quickly on advancing current thinking and move to specific actions that can be taken or considered.
Facilitated by Partners of The Boston Consulting Group, Taskforce sessions will be extremely productive. Each Taskforce session will tackle a specific topic, such as growth, shifts in technology and talent, and new strategies for financing and partnerships in the current business and economic environment. The insights and action plans from these discussions will be woven together and presented in plenary, and carried forward in the Forum’s final report to the G20 Summit.
THE FIVE TASKFORCES ARE:
1. Finding growth in uncertain times: scenario planning 2.0
Led by Luc de Brabandere and Alan Iny
2. Changing the game: revealing the art of business model innovation
Led by Martin Reeves and Zhenya Lindgardt
3. Emerging market cities: navigating and winning the world’s largest growth opportunity
Led by David Michael
Discussion leaders: Raja Kamal, Senior Vice President, The Buck Institute
Elizabeth Lynn, Executive Director and Emerging Markets Strategist, Morgan Stanley Smith Barney
4. The business of aging: why changing demographics cannot be ignored
Led by Sharon Marcil
Case studies from: Pamela Codispoti, SVP, Consumer Marketing, American Express
Tobias Schmidt-Reintjes, Director of Human Resources, BMW
Jack Stahl, Adviser, CVC Capital Partners, former President and CEO, Revlon
Michael Williams, Vice President, Primary Care Development, Pfizer
5. Breaking the rules: using talent for leadership and growth
Led by J Puckett and Mike Shanahan
1:15 – 2:15pm
THE NEW ARAB WORLD: INVESTING IN CHANGE
The political transformation in North Africa and the Middle East also presents an opportunity for economic transformation. Hidebound, crony capitalism could be replaced by more dynamic, open economic systems. What can global business do in the region? What are the key opportunities and where are the likely pitfalls?
Ahmed El Alfi, Chairman, Sawari Ventures, Egypt
Bassem Awadallah, CEO, Tomoh Advisory; former Minister of Finance, Jordan
Jaloul Ayed, Minister of Finance, Tunisia
Roger Cohen, Columnist, The New York Times
Brahim Fassi Fihri, President and Founder, Institut Amadeus, Morocco
Karim Hajji, CEO, Casablanca Stock Exchange, Morocco
Fahd Hamidaddin, Chief of Marketing and Competitiveness Initiatives, Saudi Arabian
General Investment Authority, Saudi Arabia
Moderator: Richard Attias, Founder and Chairman, Richard Attias & Associates
2:30 – 3:45pm
Afternoon dialogues in parallel
THE HEALTHCARE DILEMMA
Whatever the national healthcare system, rising costs and demand are growing problems throughout the world. Can we expect changes in technology to solve the healthcare dilemma or will they only exacerbate them? Are there approaches to wellness that might help reverse the economic burden on individuals, companies and societies?
Jean Michel Borys, Founder and Director, European Epode Network
Fabrice Harari, President, Steba Biotech, France
William Haseltine, President, William A. Haseltine Foundation for Medical Sciences and the Arts
Raja Rajamannar, Chief Innovation and Marketing Officer, Humana
David Whitlinger, Executive Director, New York eHealth Collaborative
Moderator: Michael Mandel, Editor-in-Chief, Visible Economy
SHOCK OF THE NEW
Creative, entrepreneurial companies are what every economy wants to nurture. But the conditions for fostering the new seem elusive and hard to replicate. A panel of entrepreneurial founders untangles the elements that are fueling a new surge of successful start-ups in New York.
Nora Abousteit, Co‐Founder, BurdaStyle
Dennis Crowley, CEO, Foursquare
Hilary Mason, Chief Scientist, Bit.ly
Joel Spolsky, CEO, Stack Overflow, and CEO, Fog Creek Software
Fred Wilson, Partner, Union Square Ventures
Moderator: David Pogue, Technology Columnist, The New York Times
INSPIRATION FROM THE EDGES: WHAT INNOVATION IN DEVELOPING AND EXTREME MARKETS SHOULD BE TEACHING US
We’ve entered a world of “reverse innovation”, where ideas created on the “edges” increasingly influence the “center”. How are companies and organizations learning from and experimenting at the edges of their core markets? What roles are global corporations playing in developing these new models? How do we get away from another version of imperialism and collaboratively design a future for economic success?
Abhijit Banerjee, Professor of Economics and Director, Poverty Action Lab, MIT
Paul Meyer, Founder, Voxiva
Sasha Dichter, Director of Business Development, Acumen Fund
Rima Qureshi, Senior Vice President and Head of Business Unit CDMA Mobile Systems, Ericsson
Bright Simons, CEO, mPedigree, Ghana
Moderator: Fred Dust, Partner, Head of Systems at Scale Practice, IDEO
ALLOWING FOR FAILURE
“I don’t know” is the least common phrase in business today. But in innovative organizations it needs to be repeated constantly. How can organizations learn to be more experimental? And once they have the experimental culture, how can they measure and apply the results of those experiments?
François Barrault, Chairman, FDB Partners, former President, BT International
Clara Gaymard, Chairman, GE France
Jack Hidary, Chairman, Samba Energy
Arun Jain, Founder and CEO, Polaris Software, India
Dev Patnaik, CEO, Jump Associates
Moderator: Quentin Hardy, National Editor, Forbes
4:15 – 5:15pm
FINANCIAL INNOVATION AND THE FUTURE
Paul Volcker has said that the only positive financial innovation in recent years has been the ATM. But financial innovation kept Wall Street’s profit wheels churning for decades until the financial crisis painted securitization and derivatives with a black brush and turned “risk” into a dirty word. Regulatory changes over the past year are pushing a cultural shift in how investment banks, money managers and insurance companies think about structuring, securitizing and trading bonds and derivatives and it has changed how ratings agencies are willing to get involved in grading the risk of these securities. Banks can’t carry all the risk themselves, but what is the next step? What will the future of financial innovation look like?
Amar Bhide, Thomas Schmidheiny Professor, Tufts University, and Member, Center on Capitalism and Society
Bill Glavin, CEO, OppenheimerFunds
Duncan Niederauer, CEO, NYSE Euronext
Richard Robb, CEO, Christofferson Robb & Company
Andrew Ross Sorkin, Financial Columnist, The New York Times
Peter Weinberg, Partner, Perella Weinberg Partners
Moderator: Felix Salmon, Finance Blogger, Reuters
5:15 – 5:35pm
5:35 – 6:45pm
CLOSING PLENARY: CONNECTING IN THE AGE OF HYPER-TRANSPARENCY
WikiLeaks may be the most dramatic example of hyper‐transparency, but the ease of electronic flows of information means that companies and governments are likely to be exposed when they least expect it. What is the right approach for corporate leaders? Can there still be secrets and confidences in the age of hyper‐transparency?
Session “in the round”, with expert participation from:
Bonin Bough, Global Head of Digital, Pepsico
Steve Clemons, Washington Editor-At-Large, The Atlantic; Senior Fellow, New America Foundation
Nduka Obaigbena, Founder and Editor-in-Chief, THISDAY Newspapers Group; President, The Newspapers Proprietors Association of Nigeria; Chairman, Africa Media Leaders Forum
Dov Seidman, Chairman and CEO, LRN
Moderator: Arthur Sulzberger, Jr., Chairman, The New York Times Company, and Publisher, The New York Times
PROPOSAL TO THE G20
Richard Attias, Founder and Chairman, Richard Attias & Associates; Founder, The New York Forum