Klaus Schwab Quotes


Profitability, growth, and safeguards against existential risks are crucial to strengthening a company's long-term prospects. But if these three factors constitute a company's 'hard power,' firms also need 'soft power': public trust and acceptance, won by fulfilling a company's social responsibility.


Citations

Schwab, Klaus. "Corporate Social Responsibility." World Economic Forum, 2015.

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Klaus Schwab
Klaus Schwab
  • Born: March 30, 1938
  • Nationality: German
  • Profession: Economist & Engineer

Klaus Martin Schwab is a German engineer and economist best known as the founder and executive chairman of the World Economic Forum. His wife and first collaborator, Hilde, co-founded the Schwab Foundation for Social Entrepreneurship with him.