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SchloSS ElmauThurSday 19Th - Sunday 22ndSEpTEmbEr
SchumpETEr
rEviSiTEd –
the rise of creative
destruction
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The Stern Stewart institute promotes entrepreneurship and empowerment across the corporate and economic landscape. The aim is to improve leadership, expand good governance and transfer best practice among companies and institutions.
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Every September, The Stern Stewart institute invites to the annual summit. in an informal and confidential "hands on" atmosphere, international leaders and thinkers share their expertise on management challenges.
Topics will be discussed in various formats:
P O L L S
preparatory surveys on the topics of this year’s summit
C h a L L e n g e r M e e t i n g Workshop with proactive, voluntary participation to define aspects and questions being addressed to the panellists
t h e S i S
controversial statement challenging the panelists
Pa n e L
Expert discussion analyzing the topic and laying out possible solutions
D e b at e
argumentative interview of three protagonists with opposing points of view
the fOrMat
PaneL
POLLS
Debate
ChaLLenger Meeting theSiS
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on the following pages you will find the preliminary program and a selection of participants for the summit 2013.
t h u r S D ay, S e P t e M b e r 1 9 t h f r i D ay, S e P t e M b e r 2 0 t h S at u r D ay, S e P t e M b e r 2 1 S t
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thurSDaySePteMber19th
t O P i C 1
t h e S t r at e g y O f C O M P e t i t i v e
a u S t e r i t y f O r r e t u r n i n g t h e
e u r O z O n e t O h e a Lt h – an endless crisis after crisis?
t O P i C 2
f i n a n C i n g t h e f u t u r e –
investing liquidity: who takes on the traditio-nal role of banks as intermediaries?
t O P i C 3
h O w t O S h a P e S t r at e g y, M a n a g e
P e r f O r M a n C e a n D k e e P u P i n
a n e n v i r O n M e n t O f P e r M a n e n t
u n C e r ta i n t y ?
t O P i C 4
t O O D e P e n D e n t, t O O O L D ,
t O O C a r e L e S S ?
What is and what should be the role of super- visory boards and non-executive directors.
S ta r t:
12 pm: challenger meeting and lunch
Thursday afternoon
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friDaySePteMber20th
t O P i C 9
t h e r e - b i r t h O f f u n C t i O n a L
e x C e L L e n C e : how to guide the organization – and get it right from within?
t O P i C 1 0
f inDing anSwerS tO the COMPenSatiOn
Debate. how much is good leadership actually worth?
t O P i C 1 1
The pursuit of wealth, and work and want – wiLL inCOMe DiSParitieS StifLe Or
StiMuLate POLit iCS anD eCOnOMy?
t O P i C 1 2
in SearCh Of grOwth – Can afriCa
ever be the new aSia? if nOt – iS aSian
grOwth here tO Stay?
t O P i C 1 3
reshoring to the uS as part of a new uS-led manufacturing revolution: what iS the future Of ManufaCturing
in eurOPe & the wOrLD?
t O P i C 5
n e w e n e r g y O P P O r t u n i t i e S
t h r O u g h S h a L e g a S D i S C O v e r i e S i n
t h e u S a n D e L S e w h e r e – do we face another “Energiewende”?
t O P i C 6
r iSe Or faLL Of new “COOPerative”
buSineSS MODeLS? – how to manage resource scarcity without drowning in complexity.
t O P i C 7
a monetary prisoner’s dilemma? Can CentraL bankS regain CreDi-
biL ity DeSPite their unCOnventiOnaL
MeaSureS, Or iS a return tO
infLatiOn inevitabLe?
t O P i C 8
The power of governance or the death of entrepreneurial thinking in management?
the gOLDen age Of CfOS anD LawyerS?
Friday morning Friday afternoon
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SaturDaySePteMber21St
t O P i C 1 9
a nuclear iran, north Korea, the middle East …
are geO-POLit iCaL riSkS being unDer-
eStiMateD by COMPanieS anD MarketS?
t O P i C 2 0
demographics – h O w t O C O P e w i t h
t h e r i S k S O f a M i S M a n a g e D a g i n g
P O P u L at i O n
t O P i C 2 1
C O M P L e x i t y a n D O v e r h e a D
r e D u C t i O n i n a w O r L D O f
i n C r e a S i n g r e g u L at i O n :
how to square the circle?
t O P i C 2 2
are we forced to redefine stability? h O w t O M a n a g e g L O b a L i M b a L a n C e S
w h i L e t h e D O w n g r a D i n g O f t h e
f i n a n C i a L S y S t e M a n D a C O L L at e r a L
C r u n C h i S w r i t t e n O n t h e wa L L ?
t O P i C 1 4
military and defense strategies 2020 – w h at a r e t h e M a j O r r i S k S i M Pa C t-
i n g b u S i n e S S a n D S O C i e t y a n D h O w
t O r e S P O n D t O t h e M .
t O P i C 1 5
D O w e n e e D M i n i M u M wa g e S ?
The rise and fall of labor market instruments.
t O P i C 1 6
Energy strategy: the way forward –
hOw wiLL ChangeS in POLiCieS Shift
the geO-StrategiC POwer Of eurOPe,
aSia , the uS anD MiDDLe eaSt?
t O P i C 1 7
D i g i ta L a g e 2 . 0 – S u b S t i t u t i O n O r
C O M b i n at i O n O f b u S i n e S S M O D e L S ?
t O P i C 1 8
rise of china and asia including rmb internationalization – w h at t h i S M e a n S
f O r t h e e S ta b L i S h e D w O r L D O r D e r .
Saturday morning Saturday afternoon / Evening
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SeLeCtiOnOf PartiCiPantS
rabih abOu Chakramanaging director – Strategic affairs office, crown prince court – abu dhabi
hanneS aPitzSChchief Financial officer infrastructure & cities, Siemens
jörg aStaLOSChchief Financial officer, man Truck & bus
Dr. MarkuS beukenbergmember of the Executive board, Wilo
LeOnharD birnbauMdesignated member of the management board, E.on
DOrOthee bLeSSingFormer managing director, co-head investment banking German region, Goldman Sachs
Dr. jenS-jürgen böCkeLchief Financial officer, Tengelmann
rOger bOOtLe chairman, capital Economics
Dr. werner branDtchief Financial officer, Sap
Dr. günther bräunigmember of the Executive boardKfW bankengruppe
Dr. MiChaeL brOCkhauSmember of the Executive boardholtzbrinck publishers
MiChaeL brOSnanchief Financial officerFresenius medical care
haMaD buaMiMdirector General, dubai chamber of commerce & industry
Dr. thOMaS buberLchief Executive officer, aXa Group
Dr. rOLanD buSChchief Executive officer Sector infrastructure & cities, Siemens
niCk butLer Former Senior policy advisor to the uK prime minister, visiting Fellow and chairKing’s policy institute
DaviD M. CarrOLLSenior Executive vice president, Wells Fargo & company
rOLanD ChaLOnS-brOwnechief Executive officerSiemens Financial Services
jOe CLark Former prime minister of canada & former Secretary of State for External affairs
Dr. tOny COCkerchief Executive officer, E.on uK plc
jOaChiM COerSchief Executive officer, Tognum
Dr. wOLfgang COLbergchief Financial officer, Evonik industries
Dr. PhiLiP COMbergchief Executive officer, conergy
jOhn DefteriOSanchor & Emerging markets Editorcnn international
raLf Dieter chief Executive officer, dürr
Dr. tiLO DreSigmanaging directorGoldman Sachs rObert DrOLet Senior vice president, Kuwait projects company (holding) KSc
CharLeS DuMaSchairman & chief Economistlombard Street research
gerharD L . DunStheiMerdeputy chief Executive officerEcE project management
Dr. bernharD DüttMannchief Financial officerlanxess
Dr. wOLfgang eCkertchief Financial officer, EnbW Kernkraft
hOLger eCkSteinchief Financial officerhubert burda media holding
PauL faLke chief Executive officer, Falke
PrOf. juLian frankSlondon business School
rObert frieDMannchief Executive officer, Würth Group
Dr. SanDrO gayCkeninstitute of computer Science Freie universität berlin
StePhan geMkOwchief Executive officer, haniel
ChriStOPh gerin-SwarOvSkimanaging partnerTyrolit Schleifmittelwerke Swarovski
Martin gOetzeLerchief Executive officeraiXTron
Dr. nOrbert grieSMayrchief Executive officer, vav versicherungs aG
raLf gunterMannchief Financial officer Sector EnergySiemens
Dr. tOraLf haagchief Financial officer, lonza Group
DaviD haineSchief Executive officer, Grohe
PrOf. Steve hankeThe Johns hopkins university
Dr. juDith hartMannchief Financial officer, bertelsmann
Dr. MatthiaS hartMannchief Executive officer, GfK
gerD häuSLerchief Executive officerbayerische landesbank
Pieter heereMachief Executive officer, heerema
Dr. ingriD hengStercountry Executive The royal bank of Scotland
LuDger heubergchief Financial officer, h.c. Starck
raLPh heuwingchief Financial officer, dürr
Dr. Martin hintzemanaging director, Goldman Sachs
Dr. Martin hirzeLchief Executive officerautoneum holding
frank jehLedeputy chief Executive officermann+hummEl
jOe kaeSerchief Financial officer, Siemens
riShi kaPOOrchief Financial officer, investcorp bank
guiDO kerkhOffchief Financial officer, ThyssenKrupp
MuMtaz khan Founder, mEacp
PrOf. Dr. a. Stefan kirStenchief Financial officerdeutsche annington immobilien
Stefan kLebertchief Executive officer, Schuler
Dr. Peter kLeinchief Financial officer, TÜv SÜd
ChriStOPh kLenkchief Financial officer, Krones
PaMeLa knaPPchief Financial officer, GfK
CarSten knObeLchief Financial officer, henkel
geOrg knOthchief Executive officer, GE Europe
rObert j . kOehLerchief Executive officer, SGl carbon
ineS kOLMSeechief Executive officer, SKW
Dr. hanS-jOaChiM körberchairman of the Supervisory boardair berlin
Dr. uLriCh körnerchief Executive officer corporate centerubS
heLMut kraftchief Financial officer, STada arzneimittel
MiChaeL krauSechief Executive officer, nKd
Dr. henning krekechief Executive officer douglas holding
thOMaS kuStererchief Financial officer, EnbW
CLauS-DietriCh LahrSchief Executive officer, hugo boss
PhiLiP LauCkSchief Executive officer, norisbank
Dr. eDeLtrauD LeibrOCkmember of the Executive boardKfW bankengruppe
Mark LewiSmanaging director, commodities research, deutsche bank
reinharD LOOSechief Financial officer, mlp
Dr. anDreaS LuDwigchief Executive officer, umdasch
Dr. MiChaeL MajeruSchief Financial officerphoEniX pharmahandel
MariOS MaratheftiShead of macro researchStandard chartered bank
DaviD MarShchairman, omFiF
DOug MiLLerchairman and chief Executive officerGlobe Scan
Peter Mitterbauermember of the board, miba
angeLO MOeSSLangchief Financial officer, Fresenius medical care na
Dr. geOrg MüLLerchief Executive officer mvv Energie
thOMaS MünkeLmember of the board, uniQa
Dr. LOrenz nägerchief Financial officer, heidelbergcement
anDreaS nauenchief Executive officer, rEpower Systems
Dr. bernharD niCkpresident verbund Site management Europe, baSF
Dr. MiChaeL nOthchief Financial officer, nordzucker
günther Oettingercommissioner for Energy European commission
jürg OLeaSchief Executive officer, GEa Group
Dr. Dierk PaSkertchief Executive officerra rohstoffallianz
Dr. kLauS Patzakchief Financial officer, osram
jOhn PLenDercolumnist, Financial Times
Dr. Peter PLeuSmember of the Executive boardSchaeffler
hanS PLOOS van aMSteLchief Financial officer coFra holding
Dr. tiLL reuterchief Executive officer, KuKa
uwe reuterchief Executive officer, vhv holding
Dr. thOMaS riegLerchief Financial officer, centrotherm pv
hanS-Peter rOhnerchairman, publiGroupe
LawrenCe a. rOSenchief Financial officer, deutsche post
kLauS rOSenfeLDchief Financial officer, Schaeffler
Dr. heinz-Peter rOSSchief Executive officerTalanx deutschland
Dr. kOnStantin Sauerchief Financial officer, ZF
Dr. yOrCk SChMiDtmember of the board, lenze
Stefan SChreiterchief Executive officer, der Grüne punkt – duales System deutschland
Dr. uLriCh SChröDerchief Executive officer, KfW bankengruppe
Dr. ChriStOf SChuLtemember of the board, Thüga
StePhan SChuLzchief Financial officer, paul hartmann
MarkuS SChürhOLzchief Financial officer, praktiker
Dr. wOLfgang SChüSSeLFormer chancellor of austria
rOLf-Dieter SChwaLbchief Financial officer, dSm
Dr. axeL SChweitzerchief Executive officeralba management
MiChaeL Senchief Financial officer Sector healthcareSiemens
rObert ShetLer-jOneSmember of the board, Group dFi
Dr. haraLD SOMMererchief Executive officer, Zumtobel
PrOf. xiang SOngzuOchief Economist, agricultural bank
CarSten SPOhrmember of the Executive boarddeutsche lufthansa
rObin j . StaLkerchief Financial officer, adidas
Dr. axeL Steiger-bageLchief Financial officerbayer materialScience
karL-heinz StrauSSchief Executive officer, a. porr
MarC StrObeLpartner, cvc capital partners
axeL StrOtbekchief Financial officer, audi
Dr. MiChaeL SüSSchief Executive officer Sector Energy Siemens
Dr. raLf P. thOMaSchief Financial officer Sector industrySiemens
Dr. thOMaS tOePferchief Financial officer, Kion
thOMaS ungerchief Executive officerconstantia Flexibles
Dr. bOthO vOn SChwarzkOPfmanaging partner, pfeifer & langen
axeL waChhOLzchief Financial officer, viega
Dr. frank waLtheSchief Executive officerversicherungskammer bayern
anDy watSOnchief Executive officer, istithmar World
Dr. jan Martin wiCkechief Financial officer/chief regional officer, W&W
Dr. MatthiaS wOLfgruberchief Executive officer, alTana
Shigeaki yOShikawaSenior vice president / chief regional officer, middle Eastmitsubishi corporation
Stefan ziegLer managing director, KGal
thOMaS ziegLerchief Financial officer, WaZ media Group
jürg zuMtObeLchairman of the Supervisory boardZumtobel
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This year's summit will begin on Thursday with lunch and end on Sunday. We are happy to welcome you in the stunning hideaway of Schloss Elmau.
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besides the official program take the chance to get together and relax in the beautiful scenery of Schloss Elmau.
t h u r S D ay live concert
f r i D ay Golf, tennis, hiking and biking painting session
S at u r D ay Golf, tennis, hiking and biking yoga
S u n D ay lunch at the oktoberfest
beyOnDthe SuMMit
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Schloss Elmau is a secluded castle in the bavarian mountains. it offers diversity, space and privacy – perfect surroundings for our annual summit. Schloss Elmau is located 100 km south of munich, easy to reach from munich and innsbruck airports.
Schloss Elmaud-82493 Elmau
T +49.8823.18.0F +49.8823.18.177E schloss@elmau.dei www.schloss-elmau.de
the LOCatiOn
D
CHA
D
CHA
MUNICHINTERNATIONAL AIRPORT
SALZBURG
ZURICH
GARMISCH-PARTENKIRCHEN
SCHLOSS ELMAU
INNSBRUCKINTERNATIONAL AIRPORT
FRANKFURT A. M.
D
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We look forward to welcoming you at the summit in September. please get in touch with us if you require any further information.
ms. Gwendolin oehm The Stern Stewart institute e.v.Salvatorplatz 4 d-80333 munich, Germany
T +49.89.242071.30F +49.89.242071.11
E goehm@sternstewartinstitute.com i www.sternstewartinstitute.com
COntaCt
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