The 38th St. Gallen Symposium
University of St. Gallen
Switzerland
15–17 May 2008

Global Capitalism – Local Values

Programme: Thursday, 15 May 2008
08:15–15:20
16:15–17:45
18:15–19:45

Keynote Sessions  
08:15–15:20
08:15–08:30
Welcome Address and Opening Ceremony
Estelle Tanner
ISC Team Member

Prof. Dr. Ernst Mohr
President, University of St. Gallen
08:30–08:35
Chairman's Statement
Lord Griffiths of Fforestfach
Vice Chairman, Goldman Sachs International
08:35–08:55




08:55–09:35
Opening Address: The Imperative of Openness: Strategies of a Small State Embedded in the Global Markets
Pascal Couchepin
President of the Swiss Confederation

The Role of the State in the Light of Europe's Perception of Humanity
Prof. Dr. Heinz Fischer
Federal President of the Republic of Austria

Joint Questions & Answers
09:35–10:15
Roles and Responsibilities in Global Capitalism
Dr. Josef Ackermann
Chairman of the Management Board, Deutsche Bank AG

Questions & Answers
 
BREAK
11:00–11:40
Will the New Financial Capitalism Survive the Credit Crunch?
Martin Wolf
Associate Editor & Chief Economics Commentator, The Financial Times

Questions & Answers
11:40–12:15
The Impact of Global Market Mechanisms on Local Value Systems
Yoshimasa Hayashi
Member of the House of Councillors of Japan

Questions & Answers
 
LUNCH
14:00–14:40
The Airline Industry Between Open Skies and a Thicket of Regional Restraints
Dr. Christoph Franz
Chief Executive Officer, Swiss International Air Lines Ltd.

Questions & Answers
14:40–15:20
Shipping the World: Making Global Markets Work
Wilhelm Wilhelmsen
Chairman, Wilh. Wilhelmsen ASA

Questions & Answers
Work Sessions  
16:15–17:45
1)
Are Activist Investors a Threat to the Values of the Companies They Own?
Prof. Marco Becht
Professor of Finance and Economics, Université Libre de Bruxelles (ULB), Executive Director, European Corporate Governance Institute
2)
Being a Swiss Watch Maker: Local Skills and Global Ambitions
William Devine
Chief Executive Officer, BEDAT&CO
3)
Consolidation in the Aviation Industry – A View from Within
Dr. Christoph Franz
Chief Executive Officer, Swiss International Air Lines Ltd.
5)
How to Feed and Fuel the Planet in a Sustainable Way in 2050
Ian Hudson
President, DuPont Europe, Middle East and Africa, DuPont de Nemours International SA
6)
Knowledge for Innovation – Key Link to Global and Local?
Prof. Yoko Ishikura
Professor for International Business Strategy, Hitotsubashi University
7)
Strategic Future Energy Initiatives - The Masdar Activities
Dr. Russel C. Jones
President, Masdar Institute of Science and Technology
8)
Creating Value in Leveraged Buyouts (LBOs) – A CEO's Perspective
Dr. Luca Majocchi
Chief Executive Officer, SEAT Pagine Gialle Spa
9)
Achieving High Performance in the Multi-Polar World
Klaus Malle
Country Managing Director Austria, Accenture GmbH

Thomas D. Meyer
Country Managing Director Switzerland, Accenture AG

Dr. Stephan Scholtissek
Country Managing Director Germany, Accenture GmbH, Geographic Unit, Managing Director Austria, Switzerland and Germany, Accenture
10)
Social and Environmental Change in the World's Largest High Tech Supply Chain
Bonnie Nixon Gardiner
Global Program Manager, Supply Chain Social and Environmental Responsibility, Hewlett-Packard Company

Chairman: Peter Day
Business Correspondent, BBC News
11)
Globalisation and the Development Pattern with Chinese Characteristics
Prof. Dr. WANG Yiming
Vice President, Academy of Macroeconomic Research (AMR), China National Development and Reform Commission (NDRC)
12)
Family Values – A Road To Success
Karl Weisskopf
Director, Liebherr-International AG
 
LIGHT BUFFET
Special Sessions  
18:15–19:45
A)
A Tribute to Max Schmidheiny:
No Excuses! The Business Community's Responsibility to Foster and Safeguard a Free Market Order


Dr. Claus J. Raidl
Chief Executive Officer, Böhler-Uddeholm AG

Dr. Gerhard Schwarz
Editor Business and Economics, Neue Zürcher Zeitung

Wilhelm Wilhelmsen
Chairman, Wilh. Wilhelmsen ASA

Chairperson: Vendeline von Bredow
Business Correspondent, The Economist

This session commemorates the 100th anniversary of the great Swiss entrepreneur, philanthropist, friend of the ISC, benefactor of the St. Gallen Symposium and the University of St. Gallen Dr. h.c. Max Schmidheiny (1908-1991). For further information on Max Schmidheiny and the Max Schmidheiny Foundation please see www.ms-foundation.org.
B)
The Crisis on the Financial Markets: Problems Identified? Lessons Learned?

Prof. Dr. Manuel Ammann
Director, Swiss Institute of Banking and Finance, University of St. Gallen

Prof. Thomas Hoehn
Head of Economics Europe, PricewaterhouseCoopers

Martin Wolf
Associate Editor & Chief Economics Commentator, The Financial Times

Chairman: Lord Griffiths of Fforestfach
Vice Chairman, Goldman Sachs International
C)
Asia’s Economic Integration and Its Impact on Future Growth

Yasuo Hayashi
Chairman & Chief Executive Officer, Japan External Trade Organization (JETRO)

Dr. Edward C. Tse
Managing Director Greater China, Booz Allen Hamilton

Chairman: Urs W. Schöttli
Far East Correspondent, Neue Zürcher Zeitung
D)
Peacemaking – Peacekeeping: Global Concepts for Local Hot Spots

Yasushi Akashi
Chairman, Japan Centre for Conflict Prevention

Ronald Nehring
Chairman, California Republican Party

Chairman: Peter Day
Business Correspondent, BBC News
 
The official programme will be followed by two Dinner Nights and one Open House Night which will take place in the city of St. Gallen.
Symposium 2008

The ISC expresses its sincere gratitude to the participants of the 38th St. Gallen Symposium and truly thanks its partners for their favourable support.


Video Streams
Pictures


Notes

»Change in the Management of the St. Gallen Foundation for International Studies