How business lessons from the pandemic can be applied by global leaders as they address the big challenges of our time.
Discussions at this year’s B7 Summit, hosted by the CBI, focused on the future of global trade, public health, digital and climate change. Before formal proceedings kicked off, a CEO Summit saw 200 business leaders feed in their perspectives on what was needed to remove barriers, realise opportunities and drive global progress.
The timing of this Summit – as the world fights back from COVID-19 and looks to build back better – means the discussions could have more influence over the G7 than many that have gone before. The past year has been bad for international co-operation as nations closed their doors and looked after their own. But now there’s chance for a reset, and the message from business leaders was for global leaders to take on board the lessons they have learnt through the pandemic: the importance of collaboration, of resilience and of adapting at speed.
On collaboration
“Confidence flows from co-operation.”
Gordon Brown credited international co-operation with helping the world bounce back from the financial crisis in 2009 – and similar efforts are needed now.
If governments can facilitate more open trade and sha