10 Break-Out Sessions

  • Time: 3:30 pm - 4:30 pm

A Demographic Revolution: Young India Takes Charge (with All India Management Association)
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)
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
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
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
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)
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
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
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
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
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?

Sign up for our Newsletter

Sign up for our Newsletter

St. Gallen Symposium and EQx Develop Cross-Country Measure of Intergenerational Fairness

The NextGen Value Creation Barometer measures the extent to which national economic and elite business models around the world create or deplete value for the next generation.

Through its annual main symposium and its year-round dialogue initiatives and publications, the St. Gallen Symposium aims to foster leadership with the next generation in mind. A key aspect of this work is to achieve greater intergenerational fairness and sustainable value creation for the next generation.

In light of multiple ecological crises, rapid technological change and rising inequities, such fairness has been severely challenged. In order to drive a global conversation and action on sustainable value creation, the St. Gallen Symposium has partnered with the Elite Quality Index (EQx) to develop a unique measure of intergenerational fairness across countries.

Comparison of 151 Countries on Five Dimensions of Intergenerational Fairness

The NextGen Value Creation Barometer (find the full findings here) has been jointly designed by the St. Gallen Symposium and the EQx team to provide insights on key dimensions of intergenerational fairness and how the val­ue creation business models of different countries compare in this regard. The Barometer is a unique global assessment in terms of its framework, mea­surements, and implications. Its findings will help to raise awareness among stakeholders in business, policy, academia and civil society—as well as the general public—on the need for greater intergenerational equity, while encouraging ambi­tious actions to create value creation business models with the next generation in mind.

The Barometer uses five equally weighted catego­ries, comprising a total of 20 component Indicators (out of the 120 Indicators included in the full EQx), as measurements to highlight intergenerational relationships, both in terms of value creation and extractive transfers.

The first category, Sustainability and Natural Capital, focuses on the extent to which dominant elite business models deplete or preserve natural resources and ecosystems for future gener­ations. The second category, Equitable Opportunities, mea­sures the distribution of economic opportunities across genera­tions, focusing on factors such as social mobility, youth unemployment and government debt. The third category, Edu­cation and Human Capital, stresses the importance of the pres­ent generation’s value creation for the next, in terms of invest­ments in—and inclusive access to—high-quality learning and education. The fourth category, Health and Well-Being, mea­sures the quality and key outcomes of national health care sys­tems, while the fifth category, Innovation and Technology, ex­plores the capacity provided to the next generation to drive scientific discovery and develop disruptive business models.

Highlights of the NextGen Value Creation Barometer

Some of the results, such as the fol­lowing highlights, might be surprising:

First, the NextGen EQx-Barometer rankings differ from those of the complete EQx. That is, the intergenerational value relationship is a distinct social phenomenon warranting dis­crete attention, research, and action.

The top 14 countries in the ranking are diverse but gener­ally small nations—with the exception of the UK (rank # 7), Australia (rank # 9) and Germany (# 13). This begs the question of why smaller po­litical economies appear to care more about the future gener­ation than large economies.

Sweden (for Europe), New Zealand (for the Pacific), Israel (for the MENA region), Singapore (for Asia), Canada (for North America), Kenya (for Sub-Saharan Africa) and Chile (for South America) are the regional champions of the Next­Gen EQx-Barometer and offer important lessons for their neighbors.

The United States (rank # 29) scores much lower than expected and considerably worse than in the full EQx (rank # 15). Despite the fact that its advanced technologies and innovation system creates enormous amounts of value, the overall focus of elites in the world’s largest economy seems to be on the present, not the future, with a high level of government debt, low levels of social mobility, and unequal access to health care.

Many highly ranked countries do well in most areas, but this is not true across the board. For instance, many score poor­ly for Health and Well-Being because of high rates of suicide and substance abuse that disproportionally affect the young. As an illustration, although Sweden leads the overall NextGen EQx-Barometer, its Health ranking is # 58; for Switzerland, the respective outcomes are # 4 and # 40; and for the US, # 29 and # 129. The inheritance left for the next generation is mul­tidimensional, and even countries scoring highly must continue to address all of the extractive aspects of their relationship with future generations.

The NextGen EQx-Barometer offers a comprehensive view of the intergenerational relationship, highlighting what works and what doesn’t. For instance, New Zealand (rank # 2) scores very well in Education and Human Capital (rank # 3) and in Equitable Opportunities (rank # 5). Yet, its large per-capita carbon footprint and insufficient climate policies highlight areas of concern for the next generation. The con­ceptual framework supports a refined interpretation of the results and the design of actionable projects.

Given that many intergen­erational challenges are deeply embedded in the fabric of the political economy, the findings should inform policy initiatives as well as the transformation of elite business models towards more sustainable value creation.

Read and download the full NextGen Value Creation Barometer.

Share the article

Leave a Reply

Your email address will not be published. Required fields are marked *