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Leadership

5 Key Takeaways From the World Economic Forum Annual Meeting in Davos

The annual World Economic Forum, which attracts hundreds of CEOs and policymakers from around the world to Davos, Switzerland every January, is considered by some to be the greatest concentration of public and private brainpower in the world. The panels and prognosticators gathered there always come up with prolific insights about the world to come. For CEOs who weren’t able to experience the forum firsthand, here are 5 key takeaways from the discussions.

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How the Shake Shack Is Capturing the Millennial Audience

The most talked-about IPO recently has been Danny Meyer’s Shake Shack (SHAK), opening at $21 a share before doubling. The offering has put one of New York’s most successful restaurateurs, until now best known for high-end brands such as Grammercy Tavern and Union Square Café, into the national spotlight at a time when well-known brands like McDonald’s seem uncertain.

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How the Bullish Dollar Is Challenging CEO Decision-Making

For many CEOs, the dollar’s rise can be a decidedly mixed blessing. And a bullish dollar can test the mettle of even the shrewdest business tactician. It’s possible, with quick action, however, to take advantage of the dollar’s rise or at least buffet companies against it. But the temptation to do so can also backlash fiercely.

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Strategic Agility: A Leadership Imperative for a Volatile World

Today’s volatile, uncertain, complex and ambiguous (VUCA) world threatens CEOs who don’t adapt. Still, many fight fires, exploit immediate gains and set plans as if the business landscape was stable—though it’s clearly not. To create sustainable value amid the high stakes of uncertainty, it’s imperative that leaders take a disciplined approach to honing their strategic agility.

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