Pictures from top to bottom:
•Prime Minister Albert Pintat of Andorra delivers opening remarks at the 2008 edition of The Future of Europe Summit.
•Claude Smadja, Salvador Garriga, Wolfgang Munchau, and Patrick Cox debate “What will it take to get the European economies out of crisis?” at the opening session of The Future of Europe Summit 2008.
•Jêrome Soistier and Ramon Ollé discuss The sustainability imperative
•Jordi Pujol, Former President of Catalunya discusses “Thriving on graying: The new opportunities of an ageing population”.
Topic: “Economic Sustainability: New Opportunities for Europe”
Organizing Committee: The Governement of Andorra
Media Partner: The Future Leadership Institute*
(*Between 2007 and 2011 the Institute carried temporarily the name ‘The Wall Street Journal Future Leadership Institute”)
27 November 2008 | Networking Table | Centre de Congressos d’Andorra la Vella, Andorra
Venue: Centre de Congressos d’Andorra la Vella, Andorra
Event URL: http://www.europesummit.org
Quote from a guest from The Future Leadership Institute:
“Thank you again for the wonderful opportunity to attend “The Future of Europe Summit” in Andorra in November 2008. It was very good use of my time, interesting to participate in and fabulous to be a part of. I do try to set aside a few days each year for professional development and I count this as one of those experiences. It was my honor to be there with so many senior executives, noted professors from leading universities and top political people. The format for presenting topics such as Europe’s future concerning Innovation, Sustainability, Talent Training and Management, Aging Europe, Dealing with this Financial Crises, and Combating Terrorism allowed us to hear from industry experts and express our varied views too in an open dialogue setting. I look forward to attending next year!”
Donna Pulini, Director, Institutional Corporate Communications, Global Investment Holdings, Turkey
|2008 Program Schedule|
|PROGRAMME for Thursday, NOVEMBER 27th|
|08:00 – 09:00||Registration of participants|
|09:00 – 09:10 Auditorium||Welcoming address Albert Pintat, Prime Minister of Andorra|
|09:10 – 10:30 Auditorium||Opening — What will it take to get the European economies out of the crisis? The impact of the crisis in the US, and of high energy and commodity prices, is now hitting Europe with full force. The Euro-zone GDP contracted in the last quarter for the first time since the creation of the single currency. The outlook for the rest of the year seems quite bleak with a downgraded growth forecast for 2009 and major uncertainties clouding the horizon. Companies across the continent are cutting costs and investment, while households are reducing consumption, thus amplifying the risk of a downward spiral. What can the European economies do to get out of this looming recession? How can companies best confront the bumpy patch ahead? Jacques Attali, Author and Chairman, Attali & Associés, France Pat Cox, Chairman of the European Movement and former Chairman of the European Parliament Salvador Garriga, Member, Committee on Budgets, Group of the European People’s Party (Christian Democrats) and European Democrats, European Parliament Wolfgang Munchau, Associate Editor, Financial Times, United Kingdom Chaired by: Claude Smadja, President, Smadja & Associates, Switzerland|
|10:30 – 11:00||Contact break|
|11:00 – 12:15 Aria||Debate 20% CO2 by 2020: heavy blow for business or new opportunity? How will European industry cope with the new restrictions on CO2 emissions that have been proposed by the European Commission to fight climate change and promote renewable energy? The European Union aims to reduce greenhouse gases by at least 20%, and increase to 20% the share of renewable energies in energy consumption by 2020. The cost could be as much as €60 billion ($87.7 billion). Industry leaders have argued that these policies will damage the competitiveness of European business. Will heavy industry move out of Europe or will it spur European industry onto a more energy efficient path? Will European companies have a competitive advantage in the short to medium-term as a result of the potential sideeffect of more investment in innovation and new emission-reducing technologies?|
|Patrick Birley, Chief Executive Officer, European Climate Exchange, UK Sylvie Giscaro, Director Europe, Carbon Disclosure Project, UK Klaus Hieronymi, Chairman of the Environmental Board, HP EMEA David Murillo, Researcher, Institute for Social Innovation, ESADE, Spain Chaired by: Martin Porter, Managing Director, The Centre, Brussels|
|11:00 – 12:15 Terra 14||Panel discussion: The sustainability imperative: Europe’s global leadership opportunity? Sustainability is today a key operating concept for corporations as well as for national economies; a concept which needs to be assessed and implemented in view of the major impact that the present financial crisis and the recession will have on the global economy. Without a strong commitment to a multilateral solution for the financial system, concerted economic recovery policies, increased R & D, entrepreneurship, and innovative policy-making about the challenges related to sustainability, Europe will not be able to seize this opportunity for global leadership. On what kind of assets can Europe build a leadership position on the key issues at the core of the sustainability imperative? Will Europe emerge in a stronger position post-crisis? What should companies, consumers and other stakeholders expect from EU institutions and governments?|
|Claude Smadja, President, Smadja & Associates, Switzerland Ramón Ollé, Presidente Ejecutivo de BES La Salle; ex-Presidente Ejecutivo EMEA Seiko-Epson Corporation Jérôme Soistier, Founder and President, Altadev, France Special message by video Stavros Dimas, Commissioner for Environment, European Commission Chaired by: Liz Padmore, Independent Consultant, Board Director and Associate Fellow,Oxford Business School, UK|
|12:30 – 14:30 Terra 23 restaurant||Lunch Plenary The dangers of the underground economy and the rise of global criminality With the collapse of the Soviet Union, the fall of the Berlin Wall, and the deregulation of international financial markets in 1989, governments and entrepreneurs alike became intoxicated by forecasts of limitless expansion into newly open markets. No one would foresee that the greatest success story to arise from these events would be the globalization of organized crime. Current estimates suggest that illegal trade accounts for nearly onefifth of global GDP. Whether discussing the Russian mafia, Colombian drug cartels, or Chinese labor smugglers, Misha Glenny makes clear how organized crime feeds off the poverty of the developing world, how it exploits new technology in the forms of cybercrime and identity theft, and how both global crime and terror are fueled by an identical source: the triumphant material affluence of the West. Is this sustainable?|
|Misha Glenny, Writer and Broadcaster, UK (Author of McMafia, April 2008) Chaired by: Claude Smadja, President, Smadja & Associates, Switzerland|
|14:45 – 16:00 Auditorium||Interactive Keynote The cutting edge of sustainability: can we really count on new technologies?|
|Bertrand Piccard, President, Solar Impulse SA, Switzerland Chaired by: Claude Smadja, President, Smadja & Associates, Switzerland|
|16:00 – 16:30||Contact Break|
|16:30 – 18:00 Terra 14||Plenary brainstorming Thriving on graying: the new opportunities of an ageing population Does the ageing population threaten the economic and social balance of Europe or are there real opportunities to be found including new markets, products and a growing number of 65+ consumers with disposable income and time? How can Europe strike a sustainable balance in this new demographic equation? Are there lessons to be learned from the best performers in tackling these challenges? Who are the ageing market entrepreneurs and which sectors stand to gain the most?|
|Sarah Harper, Director of the Oxford Institute of Ageing, and Professor of Gerontology at the University of Oxford Jim Murray, Former Director, BEUC, The European Consumers’ Organization, Belgium Herbert Oberhänsli, Head, Economics and International Relations, Nestle SA, Switzerland Jordi Pujol, Former President of Catalonia, Spain Chaired by: Liz Padmore, Independent Consultant, Board Director and Associate Fellow,Oxford Business School, UK|
|18:00 – 19:30 Auditorium||Keynote and prize ceremony Entrepreneurship and innovation: what are the keys to success? An interactive keynote with Martin Varsavsky followed by the prize ceremony for the winners of “INNOVADORS’08”, rewarding projects for setting up a firm in Andorra or expanding an existing one. Initiated by the Andorran Government´s Bureau of Business Innovation, OIE in 2006 with the aim of diversifying the Andorran economy and improving the business environment.|
|Albert Pintat, Prime Minister of Andorra Jordi Robert-Ribes, Head, Bureau of Business Innovation (OIE) and Prime Minister’s Commissioner for Technology, Andorra Martin Varsavsky, CEO, FON, Spain Chaired by: Luis Caelles, Anchor, TV3|
|19:30 – 20:15||Pre-dinner reception|
|20:15 Andorra Park Hotel||Gala dinner – An Evening in Andorra The Gala dinner is an opportunity for participants to share experiences while enjoying tastes of Andorran cuisine as well as glimpses of its rich culture.|
|PROGRAMME for Friday, NOVEMBER 28th|
|9:00 – 10:30 Auditorium||Plenary debate Sustainability: the new asset for global competitiveness Creative capitalism, sustainability, the triple bottom line and corporate citizenship are buzzwords of the 21st century. Can Europe consolidate and advance its position to become truly cutting-edge in this new era of sustainability-related competition? How will the sustainability imperative impact the growth of emerging markets, the global economy and Europe’s competitiveness? How should principles and commercial competence intersect? Who is winning this race? How do social, environmental and governance factors positively influence financial performance? Does better management of these issues translate into a real advantage over competitors?|
|Soumitra Dutta, Dean, External Relations, INSEAD, France Klaus Hieronymi, Chairman of the Environmental Board, HP EMEA Salvador Roca, Vice-Chairman, Ros Roca Group, Spain Mark Spelman, Global Head of Strategy, Accenture Barend van Bergen, Director KPMG Sustainability, Netherlands Chaired by: Nik Gowing, Main Presenter, BBC|
|10:30 – 11:00||Contact break|
|11:00 – 12:15||Aria Panel discussion What will be the impact of the current crisis on corporate sustainability? Corporate sustainability practices, in the broadest sense, and the business of going green are just beginning to feel the impact of the global economic and financial crisis. With a growing recession spreading over the European economies, the challenge of keeping sustainability centre-stage will be difficult. How deeply ingrained are these practices and what kind of changes could the present crisis bring to corporate sustainability priorities in Europe and around the world? Are family businesses better able to manage these fluctuations?|
|Mathieu Carenzo, Managing Director, IESE Center for Entrepreneurship, Barcelona Toby Heaps, President and Editor, Corporate Knights Magazine, Canada Glenn Hoetker, Resident Associate, Center for Advanced Study, Faculty Fellow, Academy for Entrepreneurial Leadership, Associate Profesor, University of Illinois at Urbana-Champaign, USA Frédéric Vallaud, Director, HEC Family Business, HEC, France Chaired by: Bruno Giussani, European Director, TED and Co-founder, Tinex, Switzerland|
|11:00 – 12:15 Terra 14||Panel discussion Innovation and creativity: where are Europe’s assets? A key component of sustainable economic growth in an age of increased competition is innovation. Innovation leads to new products, new markets and new processes which contribute to the productivity and value of the economy. Where are Europe’s innovative strengths? Which sectors are cutting-edge? How can innovation be supported and reinforced in Europe?|
|Simon Dewulf, Managing Director, CREAX, Belgium Eva Garcia, Member of Parliament, Andorra & Council of Europe Pedro Gómez-Romero, Nanoscience and Nanotechnology Research Center, Spain Ziga Turk, Minister for Growth of Slovenia Chaired by: Liz Padmore, Independent Consultant, Board Director and Associate Fellow, Oxford Business School, UK<|
|12:15 – 13:30 Auditorium Plenary discussion The future of the global financial system The global financial and economic crisis has highlighted major issues as to how the global financial system has been developing over the past years. It is now clear that there is a crucial need to devise new ways to assess and manage risks, and to create regulatory frameworks able to keep pace with the development and growing sophistication of new financial instruments. What kind of global financial architecture will emerge from this crisis? What kind of changes are we going to see in regulatory frameworks to ensure risk mitigation and greater stability? What role can Europe play in designing this new architecture? What are the key elements and how will they impact the European economy?|
|Jordi Fabregat, Associate Professor of the Department of Financial Management and Control, Programme Director, Executive Master in Economic-Financial Management, ESADE, Spain Juli Minoves, Minister of Economic Development of Andorra Mark Scott, Correspondent, London Bureau, BusinessWeek, UK Charles Wyplosz, Professor, International Economics, Director, International Centre of Money and Banking Studies, Graduate institute of International Studies, Geneva, Switzerland Chaired by: Nik Gowing, Main Presenter, BBC, UK|
|13:30 – 15:15 Terra 1234||Closing lunch – Sustaining innovation and entrepreneurship in difficult times
Jerome S. Engel, Executive Director, Lester Center for Entrepreneurship & Innovation, University of California, Berkeley, USA Chaired by: Claude Smadja, President, Smadja & Associates, Switzerland
|15:15 – 15:30||Farewell – Closing remarks|
|Juli Minoves, Government spokesman, Minister of Economic Development, Tourism, Culture and Higher Education, Andorra Chaired by: Claude Smadja, President, Smadja & Associates, Switzerland|
Winners to the Wall Street Journal Europe Networking Table at The Future of Europe Summit in Andorra
- Piervittorio Farabbi, IATA
- Donna Pulini, Global Menkul Deferler AS
- Sergi Fernandez I Porta, Portacabot
Contactpersons at The Future of Europe Summit in Andorra
- Judith Pallares
The Future of Europe Summit
Verge del Pilar, 5 2on 2a
AD500 Andorra la Vella
Telf: + 376 869 944
Fax: + 376 828 188
- Toni Pampliega
Responsable de Comunicació / Head of Communication
Oficina per a la Innovació Empresarial / Bureau for Business Innovation
Govern d’Andorra/Government of Andorra
Tel. (+376) 81 20 20
Mòb. (+376) 326 217
- Anna Schoeffler
25 rue Balzac
Phone: +33 1 42 25 09 31
The venue is the Congress Centre of Andorra la Vella in the same building where the Andorran Government is allocated.
The exactly address is 62-64 Prat de la Creu avenue.
Program from 9.00 to 20.00h
Farewell dinner: 20.30h
Program from 9.00 to 15.30h
Conditions for the Wall Street Journal Europe winners of free registrations to the Future of Summit in Andorra
The 3 winners will be registrated according to option 1, but will benefit from a special arrangement: the technical secretariat of the Summit will coordinate their hotel reservations and transports between Barcelona or Toulouse airports to Andorra and these expenses will not exceed 250 euros in total.
SUNDAY, 22 NOVEMBER 2009:
Give Europe’s entrepreneurs a fair chance: The Future of Europe Summit
Participated at the Future of Europe Summit in Andorra. Some very interesting sessions and good presentations. One of the best short overviews of the dynamics around the financial crisis I have heard was given by Cinzia Alcidi, Research Fellow, Centre for European Policy Studies, CEPS. Frank suggestions for the way forward was given by a number of participants such as Wolfgang Munchau, Associate Editor, Financial Times. Geoffrey Lipman, Special Advisor to the Secretary General, World Tourism Organization, UNWTO put the current challenges for Europe in a global context and had some very interesting ideas for how Tourism could play a key role in the transition toward a sustainable economy (not just a low carbon economy).
The panel I participated in, “Europe towards a lower carbon economy: from rhetoric to realities after Copenhagen”, focused on what is needed to make Europe a leader in the second phase when real reductions must take place. Europe took the lead when incremental reductions were discussed (5-10% reductions under the Kyoto protocol), but as the focus shift towards the reductions that are needed the next decades (40-80% reductions) Europe seems lost and unwilling to support a new generation a fair chance. The big old companies are dominating the agenda and smaller/smarter companies have a difficult time.
Holger Hartmann, CEO, BadenSolar, Germany gave a good overview of the kind of companies that are needed (companies that can create tailor-made solutions based on sustainable and decentralized energy sources). Mark Scott, Reporter, BusinessWeek, UK gave an overview of some of the initiatives that exist and Mihela Hladin, Founder, Greennovate, Slovenia and MAGIC, Made Green In China, gave an example of concrete work in China.
The session was moderated by Gert Van Mol, The Wall Street Journal Europe, who concluded that a leading Europe must be a Europe that collaborates with the world, not the least China. The need for en new generation of entrepreneurs was highlighted as well.