10 Break-Out Sessions

  • Time: 3:30 pm - 4:30 pm

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A Demographic Revolution: Young India Takes Charge (with All India Management Association)
Speaker
Ritesh Agarwal, Founder and Chief Executive Officer, OYO Rooms
Pranjal Sharma (Topic Leader), Economic Analyst, Advisor and Author, India

India is undergoing its economic, technological and demographic transition simultaneously. An old country is becoming youthful and adventurous with the passage of time. Young Indians like OYO founder Ritesh Agarwal are quietly taking charge of Indian ethos by becoming icons of audacious aspirations and tangible proofs of its potential, spawning startups that are becoming most valuable and famous than many legacy companies. How can young revolutionaries find ways to carry the older generation of investors, regulators, workers and consumers with them and what can other economies and founders learn from India’s momentous transition?

Collaborative Advantage Across Generations: Reflecting on the SGS Experience (ISC Alumni)
Speaker
Former Members of the International Students' Comittee
Christoph Loos (Topic Leader), Chief ­Executive ­Offi­cer, Hilti AG
Vivian Bernet (Topic Leader), Head of the Organising Committe, International Students' Comittee
Watch Here

For over 50 years teams of student have volunteered to organise the St. Gallen Symposium. They have written countless invitations, met thousands of partners, and welcomed some of the most important personalities of their time on stage. Together with former members of the ISC we will reflect on the St. Gallen Symposium experience of cross-generational dialogue and collaboration, the lessons they have learned for their lives and on how the symposium has evolved. This session is organised together with ISC Alumni.

Collective Genius? Cultivating Creativity in the Arts and Beyond
Speaker
Susan Goldsworthy, Affiliate Professor of Leadership, Communications and Organizational Change, IMD Business School
Gerry Hofstetter, Light Artist & Film Producer Hofstetter Marketing
Javiera Estrada, Artist
Tatjana Rupp (Topic Leader), Member of the International Students' Committee

As the need for innovation is growing, the routinisation of well-structured creative processes within organizations is key for concurrent value creation. Prof. Susan Goldsworthy of IMD, this year's St. Gallen Symposium artist Javiera Estrada and Light Artist Gerry Hofstetter will discuss the role of collaboration in the creative process. Together, and in conversation with the audience, they’ll explore the way collaboration can drive creativity in various organisational contexts, and, on the other hand, the role of introversion and lone contemplation in creating something new.

Connecting Business with Purpose: The Potential of Skills-Based Volunteering
Speaker
Curdin Duschletta, Head Community Impact Switzerland & Foundations, UBS
Christopher Jarvis, Executive Director, RWInstitute
Prof. Amanda Shantz (Topic Leader), MBA Director and Professor of Management, University of St.Gallen

Many employee volunteering and giving programs are presented as an employee perk, similar to casual Fridays or a team-building event. But treating workplace giving and volunteering this way fails to fully capitalise on the great potential of such programs: to foster employee personal growth, and address key societal challenges. The panel will particularly explore the potential of skills-based volunteering, its benefits, and the unique challenges that arise when moving from merely transactional volunteering to something far more transformative.

Financing the Next Generation of Entrepreneurs
Speaker
Patrick Zhong, Founding Managing Partner, M31 Capital
Makram Azar, Founder and Chief Executive Officer, Full Circle Capital
Prof. Julia Binder (Topic Leader), Professor of Sustainable Innovation and Business Transformation, IMD Business School

The investment landscape over the next twenty years will be radically different from previous generations. While there appears to be greater access to capital, there also appears to be much more volatility and debt with no clear dominant financing mechanism. Entrepreneurs, VC, Private Equity, and banks will have to find new ways to work together to create growth and stimulate innovation. How can investors and entrepreneurs better collaborate and find mutually beneficial agreements that balance risk and return?

Hacking the Fashion & Luxury Watchmaking Industry towards more Sustainability (with Condé Nast College)
Speaker
Martina Bonnier, Editor-In-Chief, Vogue Scandinavia
Raynald Aeschlimann, President and CEO, Omega S.A
Carmen Jenny, Co-Founder and Chief Executive Officer, CLOTHESfriends AG
Johannes Reponen (Topic Leader), Director of Post-Graduate Programmes; Academic Affairs; Research & Knowledge Exchange, Condé Nast College

The fashion industry accounts for 10% of humanity’s annual carbon emissions – more than all international flights and maritime shipping combined. For long, the fashion and luxury watchmaking industry drove, together with the fashion media industry, unsustainable dynamics in the sector: generating more and more demand through an artificial cycle of new collections and seasonal trends. Businesses’ marketing, media as well as influencers thereby create a constant longing and demand for their products. How can designers, fashion houses and publishers exit this vicious cycle and, collaboratively, drive the transition towards more sustainable and ethical fashion and luxury watchmaking?

M100 Sanssouci Colloquium@St. Gallen: Media’s New Power: More Impact Through Collaborative Journalism
Speaker
Mathias Müller von Blumencron, Journalist, Member of the Board, Tagesanzeiger and Advisory Board Member M100 Sanssouci Colloquium
Joanna Krawczyk, Chairwoman, Leading European Newspaper Alliance
Paul Radu, Investigative Journalist, Co-Founder OCCRP
Astrid Frohloff (Topic Leader), TV Presenter and Journalist, Advisory Board Member M100 Sanssouci Colloquium

Media diversity, freedom of the press and freedom of expression in Europe are currently under threat. Journalists and independent media companies are increasingly joining forces across borders to respond to such challenges as well as to be able to continue to offer independent quality journalism in the future. This session will identify learnings from new media partnerships such as the Leading European Newspaper Alliance (LENA) and the Organised Crime and Corruption Reporting Project (OCCRP) to identify how media can most effectively work together.

Democratizing Access to the next Generation of Technology and Innovation: Communities and Radical Transformation
Speaker
Gina Loften, Member of the Board of Trustees, TIAA
Luzius Meisser, Chairman, Bitcoin Suisse
Tycho Onnasch, General Manager, Trust Machines
Shuo Chen (Topic Leader), General Partner, IOVC

Technology, innovation, and entrepreneurship are key drivers of the modern economy and social mobility. Given their importance, we should strive to improve accessibility to tech, education and entrepreneurship across all backgrounds. Creating open and inclusive communities, especially with tech is important to accomplishing this goal, but it is easier said that done. Simultaneously, a third iteration of the internet – Web3 – has the potential to radically transform the internet of things and reduce barriers to access. How can these forces be effectively harnessed and directed for the benefit of all people and move the world forward?

Varieties of Tech Capitalism: Europe's Approach to Innovation and Regulation in a Global Context
Speaker
Julian Teicke, Founder and Chief Executive Officer, wefox
Lisa-Marie Fassl, Co-Founder and Chief Executive Officer, Female Founders
Christoph Keese (Topic Leader), Managing Partner and Chief Executive Officer, hy

Over the past decades, the tech sector, especially the internet of things, has become a central component of modern economies. Trying to catch up with the exponential pace of technological development, the US, China, and Europe are crafting rules of the game on digital markets. What are the emerging characteristic differences between regulatory regimes of digital markets, in the US, Europe and beyond, and how do they balance innovation and regulation? In light of strategic competition over tech dominance between the US and China, what are the opportunities and challenges for Europe in particular?

Changed for Good? Engaging with the New World of Work
Speaker
Petra von Strombeck, Chief Executive Officer, New Work SE
Jean-Christophe Deslarzes, Chair of the Board, Adecco Group
Nat Ware, Founder & CEO Forte
Prof. Heike Bruch (Topic Leader), Director, Institute for Leadership and Human Resources Management, University of St. Gallen
Watch Here

The Covid-19 pandemic has changed the world of work forever. The fast and widespread adoption of remote work and an ever-increasing concern of employees with purpose and meaning on their job have intensified the war for talents. Reaching out to and concurrently engaging employees is key for businesses across sectors and regions. What learnings can be drawn from the pandemic as regards our approach to work? Has the world of work changed for the better? And what role does leadership culture and a new approach to hiring play going forward?

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Neue Studie: «Voices of the Leaders of Tomorrow»

Was bedeutet Freiheit in einer digitalen Welt für die Entscheidungsträger von morgen?

Nürnberg/St. Gallen, 13. Mai 2020 – In Zukunft werden Entscheidungen immer häufiger im Spannungsfeld zwischen eigenem Willen, künstlicher Intelligenz und wirtschaftlichen Interessen getroffen. Sehen die Entscheidungsträger von morgen durch technologische Entwicklungen Einschränkungen ihrer Informations- und Entscheidungsfreiheit oder gar eine Bevormundung? Und wie beurteilen sie hierbei die Rolle von künstlicher Intelligenz? Haben ältere Generationen bei ihren Entscheidungen zu kurzfristig gedacht und auf Kosten der jüngeren gelebt? Bereits zum siebten Mal führte das Nürnberg Institut für Marktentscheidungen die Studie «Voices of the Leaders of Tomorrow» in Kooperation mit dem St. Gallen Symposium durch.

Der Fokus der diesjährigen Studie lag auf dem Thema «Human Freedom and Choice in the Light of Technological Change» – menschliche Freiheiten und Entscheidungen unter Berücksichtigung des technologischen Wandels. Befragt wurden knapp 900 junge Top-Talente aus dem Netzwerk des St. Gallen Symposiums.

Individuelle Freiheit braucht dort klare Grenzen, wo sie der Gesellschaft schadet. 

Das ist die klare Meinung der jungen Top-Talente, darunter Führungsnachwuchs aus Unternehmen, junge Unternehmerinnen und Unternehmer und top qualifizierte Studierende, in der aktuellen Voices of the Leaders of Tomorrow Studie. Die jungen Nachwuchsführungskräfte fordern verantwortungsbewusstes Denken und üben deutliche Kritik an älteren Generationen: Sie kritisieren einen Freiheitsmissbrauch, der klar zu Lasten jüngerer Generationen geht. Sie beklagen insbesondere kurzfristiges Denken, Ausbeutung der Umwelt und einen zu starken Fokus auf Wirtschaftswachstum und den eigenen Wohlstand. Einer egozentrischen Interpretation von individueller Freiheit erteilen sie eine klare Absage.

Auch im Internet erwartet der junge Führungsnachwuchs mehr von Unternehmen. Viele halten es für angebracht, soziale Medien zu verpflichten, Fake News und Hassbotschaften zu zensieren und die Plattformen für Inhalte zur Verantwortung zu ziehen. Opt-In bei der Nutzung von persönlichen Daten sollte der Standard sein, sodass die Anwender die Hoheit über ihre Daten behalten.

Klare Kritik an neuen Technologien, die unsere Entscheidungsfreiheit einschränken

In neuen Technologien sehen die jungen Top-Talente viele Vorteile, aber auch klare Schattenseiten. Fast zwei Drittel (65 Prozent) beklagen, dass ihr Smartphone ihre Konzentrationsfähigkeit untergräbt und ähnlich viele (62 Prozent) finden, dass ihr Smartphone ihnen zu viel ihrer eigenen Zeit raubt. Ebenfalls etwa zwei Drittel fühlen sich durch Algorithmen, die Online-Inhalte filtern, in ihrer Informations- und Entscheidungsfreiheit eingeschränkt. Die Nutzung ausgeklügelter technischer Voreinstellungen zur Beeinflussung einer individuellen Entscheidung – sogenanntes «Nudging» oder auch «Choice Architecture» –  betrachten sogar drei Viertel der Leaders of Tomorrow als «unfairen» bis «nicht tolerierbaren» Eingriff in ihre eigene Entscheidungsfreiheit.

Die Delegation von Entscheidungen an künstliche Intelligenz (KI) hängt stark von der Art der Aufgabe ab

Dies bedeutet aber nicht, dass die Nachwuchskräfte die Nutzung künstlicher Intelligenz (KI) in Entscheidungsprozessen grundsätzlich ablehnen. Vielmehr erwarten sie bei verschiedenen Aufgaben in Unternehmen bessere Entscheidungen durch eine Einbindung von KI in Entscheidungsprozesse. Rund die Hälfte der Befragten hält den Einsatz von KI sogar bei sensiblen Themen wie Personalentscheidungen für sinnvoll und drei Viertel sehen durch den Einsatz von KI klare Vorteile in der Produktentwicklung. Die meisten wollen aber, dass der Mensch trotzdem das letzte Wort bei der Entscheidung hat.

«Den Leaders of Tomorrow ist es bei aller Offenheit für neue Technologien ein sehr wichtiges Anliegen, die menschliche Entscheidungsfreiheit gegen den wachsenden Einfluss von künstlicher Intelligenz und kommerziellen Interessen zu verteidigen», kommentiert Dr. Andreas Neus, Geschäftsführer des Nürnberg Institut für Marktentscheidungen, eines der zentralen Studienergebnisse. «Die Frage, wie wir als Menschen in einer zunehmend von KI mitgestalteten Welt eine sinnvolle Kontrolle über unsere Entscheidungen behalten, ist bisher nicht wirklich geklärt. Als Gesellschaft müssen wir sie aber dringend lösen.»

Zur Studie

An der Studie «Leaders of Tomorrow 2020» nahmen im Februar 2020 insgesamt 898 junge Führungskräfte, junge Start-up-Gründerinnen und -Gründer und Studierende aus mehr als 90 Ländern teil. Die Teilnehmenden der Studie rekrutieren sich aus dem weltumspannenden Netzwerk des St. Gallen Symposiums (Top-Talente sind nicht repräsentativ für die Gesamtbevölkerung). Der Studienbericht ist als Download auf der Website des Nürnberg Instituts für Marktentscheidungen verfügbar.

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