Is Modern Business Capable of Implementing Successful Long-Term Strategies?

06 Jun , 11:00–12:15
The Global Economy in Search of a Balance
Pavilion G, conference hall G3
In partnership with PwC

Many experts believe that business today is overwhelmed with a focus on short-term results. The myopic desire to satisfy shareholders often overshadows company’s socially important purpose. Focusing on achieving a strong financial performance as soon as possible and at any cost deprives businesses of their ability to fathom what might happen later as a result of their operations – not only in the long term, but even in the medium term. Problems such as environmental pollution, climate change, and many others are too often ignored. What should be done to ensure that global businesses reconsider their priorities and is such a change possible? Or is the problem of short-term interests exaggerated and the market will find its own solutions?

Vladimir Gerasimov, First Deputy General Director, Executive Director, Interfax Information Services Group

Vladimir Verkhoshinskiy, Chief Executive Officer, Member of the Board of Directors, Alfa-Bank
Yury Isaev, General Director, Deposit Insurance Agency
Igor Lotakov, Country Managing Partner, PwC Russia
David Rafalovsky, Executive Vice President, Head of Technology Block, Sberbank; Chief Technology Officer, Sberbank Group
Tatsuyoshi Saijo, Professor, Center for Environmental Innovation Design for Sustainability, Osaka University; Program Director, Research Institute for Humanity and Nature
Guzel Sanzhapova, Founder, Cocco Bello
Andrew Somers, President, A.B.Somers & Associates; President, American Chamber of Commerce in Russia (2000 - 2013)

Front row participants
Patrik Antoni, Chairman of the Board of Directors, Ingka Group Russia
Vasyl Latsanych, Chief Executive Officer, VimpelCom
Xavier Rolet, Chief Executive Officer, CQS; Chairman of the Board of Directors, PhosAgro; Former Chief Executive Officer, London Stock Exchange Group Plc (2009 – 2017)