Globalization 4.0: the six most interesting materials from Davos-2019


photo from liga.net

How to change the world under the influence of the fourth industrial revolution?

Ex-CEO of Microsoft-Ukraine Nadezhda Vasilyeva chose the most important to the forum.

Last week in Davos, Switzerland hosted the annual Seminary economic forum. The main theme this year is “Globalization 4.0: building a global architecture in the age of the fourth industrial revolution”.

How to change the world and what are the hidden challenges she harbors? Why now, States need to provide a mechanism to protect people from artificial intelligence? That will help each of us become successful in the age of transformation? What priorities should pay attention to managers in 2019? Here is a small list of issues about which the forum was arguing world leaders and top managers of global companies.

Nadezhda Vasilyeva, the former head of Microsoft Ukraine and current Director of the Institute for digital transformation, looked panels the WEF and made up for Telegram-channel #SixArticlesToRead a selection of the most interesting and informative materials at the forum and shared a brief summary of what he saw and read, reports liga.net .

“Today’s topic will focus on the topics of the fourth industrial revolution and digital transformation at the Davos forum 2019”, announced it on the list.

1. The Rise of Techno Nationalism

“The video is about the new challenges to national security, which threaten the scope of the fourth industrial revolution. The potential of advanced technologies such as artificial intelligence and quantum computing can be implemented on the battlefield sooner than anywhere else.

The main problem stems from the fact that liberal democracy implies access to high computing power of ordinary people and companies.

Now in the world each person has three devices, and the number is growing.

This new challenge requires new approaches to national security in the digital economy.

The whole world requires updating of regulation in the formation of geopolitics and international security in 2019 under the influence of the integration of biotechnology and isskusstvennoy intelligence.”

2. Future of work: top 5 insights from Davos experts

“The selection of the five most interesting panels about the situation in the labour market. The main debate is wrongly focused in digital transformation only on technologies and not on new models of being, cooperation, communication, business and regulation.

At the moment, sharply there are two kinds of crisis: a crisis of confidence and crisis skills that are under pressure digital calls.

Completely unexpected conclusion – access to capital in the world is more easy than access to skills, as this requires Pro-activeness. Analytics also showed that survivors of psychological drama and interesting for business as able to survive in a turbulent world.”

3. Shaping the Future of Digital Economy and Society

“The digital economy has its own great advantages: everyone who joins immediately has tremendous possibilities. But this creates new problems that do not take into account national, geographical, religious and other features of economic actors.

As a result, the digital economy will have a global effect in the following areas:

– ubiquitous access to the Internet and fast adaptation;

responsible digital transformation;

– compliance and responsible management;

– safety interactions and flexibility of people, processes, and practices;

– client oriented and easy to manage personal identification/access;

– the credibility of the innovation in the data with respect to privacy of information.”


Satya Nadella, CEO Microsoft
photo – WEF

4. Privacy is a human right, we need a GDPR for the world: Microsoft CEO

“Satya Nadella, CEO of Microsoft, the company which last year left behind by market capitalization, said that European rules to protect personal data (GDPR), launched in 2018, is the most advanced in the world.

In his opinion, this standard should be recognized by the international legislation as the standard for any country, and its regulation and implementation needs to adopt US, and as soon as possible”.

5. From glass ceiling to glass cliff: women are not a leadership quick-fix

“The key success factor is the diversity of teams: women are just as important in top management as men.

In 2004, a study by British researchers Michelle Ryan and Alex Aslan among participating companies in the Fortune 100 showed that women are more likely to hire in the company, failing or declining.

And even with that the woman pulled such companies are likely to be dismissed and changed the SEO man. The term “glass ceiling” was then replaced by the term “glass cliff”, which quickly slide down from lack of support, further opportunities for development and growth and a large number of stereotypes.”

6. 3 priorities for CEOs in 2019

“Today ended the era SEO of the conservatives. The era of new SEO business warehouse, ready for change, flexible thinking, adaptive to innovation. Based on interviews with 1,300 CEOS of global companies identified three main priority for every CEO in 2019:

– make digital personal “crusade” that shows, finally, understanding SEO of their responsibility in this matter. Digital transformation cannot be delegated and a new business model will have to find yourself;

– to overcome the challenges associated with increased geopolitical risks that affect international trade and investment, as well as the challenges associated with requirements for protection of customer data;

– new models of decision-making, which are based on finding the right balance between decisions based on data or intuition.”

“Create your own meanings and replenish the life of your finds and discoveries,” summarizes Vasiliev.

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