Aron Cramer, president and CEO of BSR, was asked by HuffPost Live at Davos on Wednesday if capitalism is “changing as we know it.”
Cramer gave an example of Hilton Hotels competing with Airbnb, saying CEOs of major companies are being forced to expand their definition of what the competition is and think about it in a different way.
“If I’m the CEO of a company like that, I have to think about my competition in a different way, because the chance that my company might be deflated by some of these fundamental changes in consumer demand is so great that you can’t afford only to focus on short-term profits, you also have to think about what the medium- and long-term looks like.”
Below, more updates from the 2015 Davos Annual Meeting:
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“Some of these things are almost invisible in terms of, how do you change attitudes and beliefs on violence toward children?” she said.
Whitbread said “flexible funding” — like that generated from campaigns like the ice bucket challenge — makes the most impact.
“We still have a first world and a third world, but they’re not geographic anymore — they cut right across,” Whitbread said.
Read a blog from Jasmine Whitbread here.
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“That’s a very tough thing,” he said.
CNN’s Fareed Zakaria joined HuffPost Live Wednesday, weighing in on U.S. President Barack Obama’s State of the Union address.
“Obama’s foreign policy has been very consciously modeled after one president… it’s Eisenhower,” Zakaria said.
Zakaria said you could see a “sense of discipline” in Obama’s speech on Tuesday.
Asked about the crises of the last year, including the Ebola outbreak and the violence in the Middle East, Calvin calls it ‘the worst year we’ve had in a long time’, calling it a ‘perfect storm’ of multiple disasters across continents. She says the world has to be more resilient to prepare for such disasters, saying the world was ‘unprepared for a virus (Ebola) that should be easily contained’.
Calvin sets out the challenge we face in tackling climate change: “How do we set global goals but help individual communities find their own way forward?”
Al Jazeera America host Ali Velshi talks about the famous jobs bet he made, and where it stands now.
