Klaus Schwab Quotes

Who is Klaus Schwab?

Klaus Martin Schwab is a German engineer and economist best known as the founder and executive chairman of the World Economic Forum (WEF).

Schwab is the author of 'The Fourth Industrial Revolution', 'Stakeholder Capitalism' and 'Covid-19: The Great Reset'.

Born March 30, 1938

Books by Klaus Schwab


Best 91 Quotes by Klaus Schwab | Page 1 of 4

“A great leader has brains, vision, soul, values and a heart.”

“A leadership personality needs mind, soul, heart and nerves. Or, put another way, a high degree of professionalism, moral values linked with vision, passion and empathy, the ability to execute and, as I said, nerves. It would be nice if we had many individuals who truly met all five of these criteria. I’ve met very few like Nelson Mandela and the current Pope, whose great modesty I highly value.”

“Always look to the future and satisfy newly emerging needs in international cooperation. Being a pioneer also means taking risks. I haven’t succeeded at everything.”

“An organization like ours has to finance expansion not on credit, but on its own capital resources. Furthermore, in a turbulent world, we must be prepared for all risks to be able to maintain our independence and our responsibility to our employees in all cases.”

“Elites have always existed. We bring together people of influence, and we hope that they use their influence in a positive way.”

“Entrepreneurship is the engine fuelling innovation, employment generation and economic growth. Only by creating an environment where entrepreneurship can prosper and where entrepreneurs can try new ideas and empower others can we ensure that many of the world’s issues will not go unaddressed.”

“I am especially proud of the fact that the Forum has given rise to three major global life-saving initiatives: first, the Global Alliance for Vaccines and Immunization (GAVI), which has immunized 580 million children and prevented 8 million deaths; second, the Global Fund to Fight AIDS, Tuberculosis and Malaria; and third, the beginning of this year saw the launch of the Coalition for Epidemic Preparedness Innovations (CEPI), with initial financing of $700 million.”

“In my book, The Fourth Industrial Revolution, I show for the first time in summary form how current technological developments will fundamentally change not only business models, but also governance, economics, indeed all of society and even the individual. All of this is happening at a pace that hardly allows us to prepare for these massive changes.”

“In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish.”

“Our role is to better interconnect the world through systems thinking by providing platforms, and in doing so, jointly find solutions.”

“Shared understanding is particularly critical if we are to shape a collective future that reflects common objectives and values.”

“Switzerland is one of the best places in the world in terms of quality of infrastructure and services.”

“The best answer to the extremists is to build a better world.”

“The biggest change in the world today is that the young don’t learn from the old, they teach the old about the world today.”

Products by Klaus Schwab

“The key issue is the shift of the centre of gravity from the West to the East, the rise of China and India.”

“The world is caught up in a rapid, comprehensive transformation – technologically, economically, socially and politically. Being able to help shape this transformation, and to do it in a positive way, is an incredibly motivating challenge. That pushes me and the World Economic Forum forward.”

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“The world must become aware of the fantastic transformational power of social entrepreneurship and the foundation will work as a catalyst in this effort.”

“Today, the World Economic Forum is a brand that is known around the world and seen in predominantly positive terms. In many countries, particularly in Asia, Africa and South America, it is recognized that we have been working for decades to contribute not just to the economic, but also to social development of the continents.”

“We do not want to just define issues; we want to help to create solutions.”

“We have a great obligation not only to look after our own interests, but to engage and to make sure that this meeting is at the beginning of a renaissance of trust.”

“We have a number of vulnerabilities in our economies.”

“We have created a system that disproportionately rewards the happy few, underfunds social security and infrastructure, and puts at risk the health of the planet as a whole.”

“We have made an eight-digit investment in establishing TopLink, our digital network of global decision-makers. We have a team in London developing artificial intelligence software and another team in Geneva investigating how blockchain can support global governance.”

“We have too large a disparity in the world; we need more inclusiveness… If we continue to have uninclusive growth and we continue with the unemployment situation, particularly youth unemployment, our global society is not sustainable.”

“What we are very proud of now is that the young generation like Prime Minister Trudeau and the President of Argentina and so on, that we penetrate the cabinets.”

“When I mention names like Mrs. Merkel, even Vladimir Putin and so on. They all have been Young Global Leaders of the World Economic Forum.”

“Yesterday I was at a reception for Prime Minister Trudeau and I would know that half of this cabinet or even more than half of the cabinet are actually Young Global Leaders of the World Economic Forum.”

“Young people are right to be angry and they deserve seats at the table.”

Products by Klaus Schwab

COVID-19: The Great Reset Quotes

“A seminal paper on the long-term economic consequences of major pandemics throughout history shows that significant macroeconomic after-effects can persist for as long as 40 years, substantially depressing real rates of return.[18] This is in contrast to wars that have the opposite effect: they destroy capital while pandemics do not – wars trigger higher real interest rates, implying greater economic activity, while pandemics trigger lower real rates, implying sluggish economic activity. In addition, consumers tend to react to the shock by increasing their savings, either because of new precautionary concerns, or simply to replace the wealth lost during the epidemic.”

COVID-19: The Great Reset

“COVID-19 may compel us to address our inner problems in ways we would not have previously considered.”

COVID-19: The Great Reset

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