Values Aligned: The Organization of Conflicting Values within the World Economic Forum

Christina Garsten, Adrienne Sörbom

    Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

    Abstract

    Once a year, the global elite gather in Davos, the Swiss ski resort, for the World Economic Forum to mull over the state of the world. In this snowy mountain town, the world's leaders in industry and finance present their views on the world economy, their visions, and argue for the best solutions. During this week in late January, Davos changes character-from being a sleepy alpine town, to become the hub of influence, power and prestige. At the 2012 meeting, the global economy and capitalism itself topped the agendas. The sense of urgency caused by the financial crisis sprinkled the town with a certain frenzied activity and nervousness. But there was also a sense of possibility in the transformation of capitalism, the opening of new markets for innovation and profit, for global collaboration and mutual benefit. The streets of Davos were filled with delegates in elegant business suits and overcoats, easily identifiable by their badges and briefcases sporting the World Economic Forum logo. BMWs, Mercedes and other pricey car brands were conspicuously abundant, as were the middle-aged businessmen stepping out of them. Banners with the World Economic Forum logo decorated buildings, hotel lobbies and café menus. Buses and houses also hosted ads for individual countries, such as India, Brazil and Mexico. On a busy street corner, Canadian mounties in red posed in front of a stand serving free 'beaver tails' (pastry). There was little chance visitors could miss the major event of the week.
    Original languageEnglish
    Title of host publicationConfiguring Value Conflicts in Markets
    EditorsSusanna Alexius, Kristina Tamm Hallström
    Number of pages19
    Place of PublicationCheltenham
    PublisherEdward Elgar Publishing
    Publication date2014
    Pages159-177
    Chapter9
    ISBN (Print)9781782544463
    ISBN (Electronic)9781782544470
    Publication statusPublished - 2014

    Keywords

    • Business and management
    • Organisation studies
    • Social policy and sociology
    • Sociology and sociological theory

    Cite this

    Garsten, C., & Sörbom, A. (2014). Values Aligned: The Organization of Conflicting Values within the World Economic Forum. In S. Alexius, & K. T. Hallström (Eds.), Configuring Value Conflicts in Markets (pp. 159-177). Edward Elgar Publishing. http://libsearch.cbs.dk/primo_library/libweb/action/dlDisplay.do?docId=CBS01000658107&vid=CBS&afterPDS=true