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Five challenges for true global leaders in 2017

Klaus Schwab says true leadership in today’s uncertain and anxious world entails creating a dynamic, inclusive global governance, and seeing past populism while recognising the legitimacy of public fears

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True leadership ­requires leaders to navigate with both a radar system and a compass. They must be receptive to signals constantly arriving from an ever-changing landscape, and willing to make necessary adjustments; but they must never deviate from their true north, which is to say, a strong vision based on authentic values. Illustration: Ingo Fast

Leaders must be responsive to the demands of the people who have entrusted them to lead, while also providing a vision and a way forward, so that people can imagine a better future.

True leadership in a complex, uncertain, and anxious world ­requires leaders to navigate with both a radar system and a compass. They must be receptive to signals constantly arriving from an ever-changing landscape, and willing to make necessary adjustments; but they must never deviate from their true north, which is to say, a strong vision based on authentic values.

That is why the World Economic Forum has made “Responsive and Responsible Leadership” the theme for our annual January meeting in Davos.

As leaders in government, business and civil society chart a course for the next year, five key challenges will warrant their attention.

US President Barack Obama bumps fists with a robotic arm operated by Nathan Copeland, a quadriplegic brain implant patient who can experience the sensation of touch and control the remote robotic arm with his brain. Obama was touring innovation projects at the White House Frontiers conference in Pittsburgh on October 13. Photo: Reuters
US President Barack Obama bumps fists with a robotic arm operated by Nathan Copeland, a quadriplegic brain implant patient who can experience the sensation of touch and control the remote robotic arm with his brain. Obama was touring innovation projects at the White House Frontiers conference in Pittsburgh on October 13. Photo: Reuters

How to make the fourth industrial revolution work for you

For starters, they will have to come to grips with the “fourth industrial revolution”, which is redefining entire industries, and creating new ones from scratch, owing to groundbreaking advances in artificial intelligence, robotics, the internet of things, self-driving vehicles, 3D printing, nanotechnology, biotechnology and quantum computing.

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