St. Gallen Symposium

The St. Gallen Symposium, formerly known as the International Management Symposium and the ISC-Symposium, is an annual conference taking place in May at the University of St. Gallen in St. Gallen, Switzerland. It is one of the world's leading initiatives for intergenerational debates on economic, political, and social developments between decision makers of today and tomorrow.[1] The symposium's goal is to facilitate solutions by addressing the big challenges and chances of our time.

St. Gallen Symposium
MottoWhere aspirations get inspired
FormationFebruary 1970
FounderClemens Ernst Brenninkmeyer, Franz Karl Kriegler, Urs Schneider, Wolfgang Schürer, Terje I. Wölner–Hanssen
TypeNon-profit organisation
Legal statusClub
HeadquartersSt. Gallen, Switzerland
Location
OriginsStudent unrests of 1968
Region served
Worldwide
Membership
around 30 students (ISC)
Staff
9
Volunteers
approx. 450
Websitewww.symposium.org

The St. Gallen Symposium was founded in 1969 as a response to the international student unrests of 1968 and has since then been organised by the International Students’ Committee (ISC), a student initiative at the University of St. Gallen.[2] Currently, this platform for dialogue welcomes more than 1.000 participants with over 70 nationalities every year. Personalities such as Kofi Annan, Josef Ackermann, Mohammad Khatami, Laurence D. Fink, Dominic Barton, Sigmar Gabriel and Christine Lagarde have attended the symposium in recent years.[3][4]

The goal
Aerial view of the campus of the University of St. Gallen during the 41st St. Gallen Symposium

The St. Gallen Symposium as a platform for dialogue strives to foster constructive debates on current economic, political and social developments.[5] This event gives particular attention to an intergenerational dialogue, characterised by mutual respect. Thus, particular focus is given to discussion in smaller, more informal settings, where the so-called Leaders of Tomorrow can debate with the Senior Leaders (Leaders of Today) on equal footing.[6]

The topic of the symposium is chosen each year based on relevant issues and current events. In recent years, the topic has developed from being more business-oriented to more holistic themes, as embodied by the topics Growth – the good, the bad, and the ugly (2016), The dilemma of disruption (2017), Beyond the end of work (2018) and Freedom Revisited (2020).[7][8][9]

History

Beginning

Five students of the University of St. Gallen – Clemens Ernst Brenninkmeyer (NL), Franz Karl Kriegler (AU), Urs Schneider (CH), Wolfgang Schürer (DE) and Terje I. Wølner-Hanssen (NO) – founded the International Students’ Committee (ISC), which has since organised the St. Gallen Symposium annually.[10] It was established in February 1970 as an alternative to the international student unrests of 1968. The main goal was to establish and promote a constructive and solution-oriented dialogue between decision-makers and the younger generation. This goal has persisted until today. The name International Students’ Committee was chosen because of the five different countries the founders originated from, namely Austria, Germany, Netherlands, Norway and Switzerland. On 30 June and 1 July 1970 the first International Management Dialogue was held at the University of St. Gallen, with 100 outstanding students and as many business leaders taking part.[11][12][13]

First years
Discussion at a plenary session in the Aula of the University of St. Gallen during the St. Gallen Symposium

The widely recognised Club of Rome study The Limits to Growth,[14] which analysed the effect of exponential growth on a finite planet, was presented at the third symposium in 1972. The global economic downturn caused by the 1973 oil crisis and problems with securing the continuity of the student initiative led to the symposium not being held in 1974. In response, the St. Gallen Foundation for International Studies was founded in order to safeguard the continuity of the International Students’ Committee.[11] Besides the Foundation a sponsor circle was established. Its members support the ISC over several years. In 1977, the St. Gallen Symposium made the headlines with a round table discussion with German Employers' President Hanns Martin Schleyer and DGB Chairman Heinz Oskar Vetter.[15]

The 1980s

A big change was introduced in 1989, when the International Students’ Committee founded the St. Gallen Wings of Excellence Award (today the Global Essay Competition), which today counts as one of the largest and most renowned student essay competitions worldwide. Students were now required to submit an essay, of which only the 200 best were selected for a participation in the St. Gallen Symposium. Moreover, authors of the best contributions were bestowed with the St. Gallen Wings of Excellence Award, CHF 20,000.– in prize money, and the chance to present their essays at the St. Gallen Symposium (see below).[2]

1995-2010
Kofi Annan at the bestowal of the Freedom-Prize of the Max Schmidheiny Foundation

Since the mid-1990s, the ISC has tried to raise the international profile of the symposium, as well as improve the quality of the dialogue. In this restructuring, a new logo was introduced and the name "International Management Symposium" was changed to ISC-Symposium. Moreover, the ISC gave a financial support for the construction of the Executive Campus HSG at the University of St. Gallen during this period.

With the burst of the dot-com bubble, the September 11 attacks and the bankruptcy of Swissair – one of the symposium's most important benefactors – the beginning of the new millennium posed great challenges for the subsequent year.

In 2002 the Swiss Federal Council commissioned the ISC to organise the International Conference on Federalism while maintaining the structure of the symposium. The conference was attended by 8 heads of state and government, 16 ministers, 3 federal councillors, 20 government councillors and their delegations[16][17][18]

The current name, St. Gallen Symposium, was introduced in 2005. In the following year Kofi Annan, Secretary-General of the United Nations, received the Freedom Prize of the Max Schmidheiny Foundation, which was already awarded to him in 2003.[19][20]

From 2008 to 2010 the symposium took place in a temporary tent city behind the library building of the University of St. Gallen due to an extensive reconstruction of the main building and the auditorium of the University.


2010-2017

For the 40th St. Gallen Symposium in 2010, a comprehensive new concept was developed to strengthen the intergenerational dialogue. Furthermore, the duration was shortened from half a day to two days, the group of speakers was supplemented by so-called Topic Leaders, who are now responsible for the moderation of individual events, and the selection of student participants was extended by the so-called Knowledge Pool. This Knowledge Pool is made up of 100 people who are specifically invited to the symposium by the ISC, and that provides a counterweight to the 100 winners of the strongly academic St. Gallen Wings of Excellence Award (now the Global Essay Competition).[21] Another innovation is the Global Perspectives Barometer (now Voices Report), an annual survey of current and former student participants on current social issues, which are conducted in cooperation with the GfK Association (Credit Suisse until 2013) since then.[22][23]

To strengthen the St. Gallen Symposium in Asia, an office was opened in Singapore in 2012.

2017-2020 Strategic realignment

2017 marks the start of a process to strategically restructure the symposium, which will be completed in 2020.

The aim of the reorientation is to increase the quality of the participants, to strengthen the exchange among the participants during the symposium and to lay a solid foundation for the coming years. The new group of Aspiring Leaders were introduced, the holding of worldwide Year-Round events intensified, and the offering was also adjusted. The Aspiring Leaders are young decision makers who have reached the first milestones of their career, and as a result should fill the gap between Leaders of Tomorrow and Senior Leaders. The Year-Round Events (approx. 10 in Europe and Asia) implement the aim of the St. Gallen Symposium to lead the intergenerational dialogue throughout the year. The most famous examples are the Singapore Reception in November, and the Zurich Reception in January.

To mark its 50th anniversary, the St. Gallen Symposium has had a new branding since September 2019. In cooperation with Interbrand, it receives a new, modern logo and the motto: “Where aspirations get inspired". The rebranding is intended to emphasize the progressive and student character of the initiative and thus lay the foundation for the further development of the St. Gallen Symposium.

Programme and sessions

The St. Gallen Symposium takes place during two days in the beginning of May. The official program includes different kind of sessions:[24][25]

  • Plenary Sessions serve as an introduction to the main topics and raise controversial issues, which serve as the starting point for the following Insight Sessions. Plenary Sessions are divided into the One-on-One, where two people meet on stage, the Keynote Panel, a traditional panel discussion, and the Keynote Address, where a speaker delivers a speech.
  • The roughly 30 Insight Sessions are held in smaller groups of about 25–35 attendees and serve as a follow-up to the Plenary Sessions. A characteristic of Insight Sessions is the very personal framework. A speaker initiates the discussion, whereas the main part of an Insight Session consists of a vibrant discussion moderated by a Topic Leader. To achieve a lively discussion the Chatham House Rule is applied.
  • Interactive Sessions take place simultaneously as the Insight Sessions. Compared to Insight Sessions, the focus of Interactive Sessions is laid on the Topic itself rather than on the Topic Leader and Speaker. With this environment, participants can elaborate possible solutions in an interactive and intimate environment. Insight Sessions are held in a small setting with 20 participants at most.
  • Social Sessions enable the participants to continue to engage in an informal dialogue beyond the official programme, for example in Dinner Nights or lunches.
  • Furthermore, Public Insight Sessions aim to introduce the participants into complex issues and theories. Those sessions often only deal in a distant way with the topic of the St. Gallen Symposium. Public Insight Sessions are public to anyone interested in the St. Gallen Symposium and its initiative.

Apart from Public Insight Sessions, the sessions are not open to the public. However, selected Plenary Sessions are live and broadcast on the St. Gallen Symposium's official YouTube channel.[26] Furthermore, with the support of the Ria & Arthur Dietschweiler Foundation, key findings of the annual symposium are presented and discussed in the St. Gallen Symposium Public Forum.

Participants

The St. Gallen Symposium has three participant groups: the "Senior Leaders" (former Leaders of Today), the "Leaders of Tomorrow", and the "Aspiring Leaders".[27][28]

The "Senior Leaders" consist of 600 people from economic, political, social and academic fields. They can be classified into the groups partners, participants, guests, speakers and topic leaders, who moderate the discussions.

[29]

The "Leaders of Tomorrow" are 200 participants below the age of 30. Their qualification is evaluated according to the criteria for the "Global Essay Competition" (former St. Gallen Wings of Excellence Award) or the Knowledge Pool.[30][31] The latter group of participants will be specifically selected on the basis of criteria such as topic relevance and past performance. The St. Gallen Symposium is intended to provide Leaders of Tomorrow with a platform where they can discuss with today's executives at eye level and challenge them so that new approaches to thinking and solutions can emerge.

The "Aspiring Leaders" are participants who have the potential to take on a leading role in an industry.[32]

Nr. Topic Speakers (selection)
35 Liberty, Trust and Responsibility Sheila Dikshit, Franz Fehrenbach, Gerd Leipold, Bernd Pischetsrieder, Jaap de Hoop Scheffer, Peter Wuffli[33]
36 Inspiring Europe Danuta Hübner, John Kornblum, Jan Kulczyk, Sergio Marchionne, Ulf Schneider, Peter Voser, Werner Wenning[34]
37 The Power of Natural Resources Gary Becker, Nikolaus von Bomhard, Fujio Chō, Mohammad Chātami, Julius Meinl, Naguib Sawiris, Jeroen van der Veer
38 Global Capitalism – Local Values Heinz Fischer, Christoph Franz, Jeannot Krecké, Christine Lagarde, Michel Pébereau, Dieter Zetsche[35]
39 Revival of Political and Economic Boundaries Paul Achleitner, Robert Aumann, Brady W. Dougan, Mathias Döpfner, John Elkann, Toomas Hendrik Ilves, Tharman Shanmugaratnam, Boris Tadić
40 Entrepreneurs – Agents of Change Josef Ackermann, Paul Bulcke, Niall Ferguson, Anthony Giddens, Jürgen Hambrecht, Morten Lund, Samih Sawiris[36]
41 Just Power Ribal al-Assad, Bob Dudley, Johan Galtung, Oswald Grübel, Yoshimasa Hayashi, Ayaan Hirsi Ali, Eberhard von Koerber, Jorma Ollila[37]
42 Facing Risk Yukiya Amano, Ulrich Beck, Sepp Blatter, Walter Kielholz, Kumi Naidoo, Giorgos Andrea Papandreou, Severin Schwan, Jean-Claude Trichet[38]
43 Rewarding Courage Ali Babacan, Sergio P. Ermotti, Laurence D. Fink, Douglas Flint, Christine Lagarde, Mohamoud Ahmed Nur, Marcus Wallenberg[39]
44 The Clash of Generations Didier Burkhalter, Aubrey de Grey, Niall Ferguson, Ivan Glasenberg, Lazar Krstić, Raghuram Rajan, Tony Tan Keng Yam, Robert Zoellick[40]
45 Proudly Small Daron Acemoğlu, Thomas Jordan, Ulrich Grillo, Sigmundur Davíð Gunnlaugsson, Paul Kagame, Paul Polman, Anders Fogh Rasmussen, Tharman Shanmugaratnam [41]
46 Growth – the good, the bad, and the ugly Xavier Bettel, Peter Brabeck-Letmathe, Baron David de Rothschild, Christoph Franz, Dambisa Moyo, Tidjane Thiam, Chan Chun Sing, Marcela Escobari, Nils Smedegaard Andersen[42]
47 The dilemma of disruption Charles O’Holliday, Anders Samuelsen, Martin Blessing, Santiago Calatrava, J. Erik Fyrwald, Kersti Kaljulald, Neil Harbisson, Sir John Scarlett[43]
48 Beyond the end of work Dominic Barton, Denis McDonough, Marcus Wallenberg, Alain Dehaze, Sigmar Gabriel, Bogolo Kenewendo, Jeremy Rifkin, Steve Forbes, The Right Honourable Adrienne Clarkson, Lawrence Wong[44]
49 Capital for Purpose Niall Ferguson, Linda Hill, Dominic Barton, Fabien Curto Millet, Dirk Hoke, Thomas Jordan, Simona Scarpaleggia, Mariana Mazzucato, Peter Wuffli, Lindsey Aldaco-Manner, Bobby Jones, Ankit Anand, Simon Evenett[45][46]

Prize ceremony

Every year, during the St. Gallen Symposium, the Winners of the Global Essay Competition (before St. Gallen Wings of Excellence Award) are awarded. The Global Essay Competition is an essay competition for students from all over the world.[47] In addition, from 1979 to 2003, the St. Gallen Symposium was the platform for the bestowal of the Max Schmidheiny Foundation's Freedom Prize.

The Global Essay Competition

The Global Essay Competition (former St. Gallen Wings of Excellence Award) is an essay competition for students on graduate or postgraduate level. The authors of the 100 best submissions get the chance travel to St. Gallen for one week and participate in the St. Gallen Symposium. Since the essay's topic is always related to the symposium's main topic of discussion, the five best authors have the possibility to present their essay in front of the global audience during the Conference. It is endowed with CHF 20’000. With more than 1000 contributions from over 60 different countries annually, the St. Gallen Wings of Excellence Award belongs to one of the biggest student essay competitions of its kind.[48][49] The evaluation process is completely anonymous and carried out by a preliminary jury and a main jury. The preliminary jury consists of PhD students of the University of St. Gallen as well as the ETH Zurich whereas the main jury comprises professors, corporate executives, entrepreneurs and politicians. The current president of the preliminary jury is Heike Bruch and the main jury's president is Georg F. von Krogh. Other members of the main jury are Peter Day, Nigel Fretwell, Heike Bruch, Marcela Escobari and Riz Khan.[50][51]

The Global Essay Competition was first launched in 1989 to select the student participants for the symposium and has been modified several times in the past. The most essential adjustment was the restriction of the eligibility to graduate and postgraduate students in 2009 and a simultaneous reduction of the invitations based on the essay competition from 200 to 100 invitations. The other 100 students have since then been recruited by the ISC through the so-called Knowledge Pool.[52]

Freedom-Prize of the Max Schmidheiny Foundation

From 1979 until 2003 the Max Schmidheiny Foundation annually awarded its Freedom Prize during the symposium. The prestigious honourees include Kofi Annan, Nicolas Hayek, the International Committee of the Red Cross, Jorma Ollila and Muhammad Yunus. In 2003 the Max Schmidheiny Foundation decided to focus on other activities and abandoned the Freedom Prize.

Organisation

International Students’ Committee (ISC)

Since its establishment in 1969, the St. Gallen Symposium has been organised by the International Students’ Committee, an independent non-profit organisation and an accredited association of the University of St. Gallen. Every year, it consists of a team of about 30 students from the University of St. Gallen, who pause their studies for one year. This team includes three – in former years two – members of the previous ISC-Team who form the Head of the Organising Committee.[2][53] During the Symposium, the ISC is supported by a crew of about 450 volunteers, all students from the University of St. Gallen.

Numerous old ISC members are now occupying leading positions. Some of the most well-known ISC alumni are:

  • Dr. Steven Althaus (Ehem. Chief Marketing Officer, Credit Suisse Group & BMW AG)
  • Martin Blessing (Ehem. Co-President Global Wealth Management, UBS Switzerland)
  • Walter Kielholz (Chairman, Swiss Re)
  • Dr. Stephan Leithner (Member of the Executive Board, Deutsche Börse AG)
  • Dr. Christoph Loos (Chief Executive Officer, Hilti AG)
  • Dr. Mathias Imbach (Co-Founder & Chief Executive Officer Singapore, Sygnum)
  • Tim Pietsch (Chief Financial Officer, Wefox)
  • Konrad Hummler (Verwaltungsratspräsident, Private Client Bank)

St. Gallen Foundation for International Studies (SSIS)
Peter Voser, President of the St. Gallen Foundation for International Studies, at the 45th St. Gallen Symposium

The St. Gallen Foundation for International Studies acts as the supervisory body and ensures the continuity of the symposium given the annually changing organising team.[54] The foundation consists of about ten members, with Beat Ulrich being the current CEO. Former CEOs include Philip Erzinger (2008-2017), Andreas Kirchschläger (1997-2008), Eugen von Keller (1995-1997), Gerard & Ursula Stoudman and Wolfgang Schürer (1975-1993).

The Board of Trustees supervises the St. Gallen Foundation for International Studies with Peter Voser as its Chairman. Further members are Thomas Bieger, Bénédict G. F. Hentsch, Bettina Würth, Christian Mumenthaler, Christoph Loos, Ralph Schmitz-Dräger, Claudia Suessmuth Dyckerhoff und Ulrike Landfester.[55] Josef Ackermann is the honorary chairman and former member of the board.[56]

Funding

The 1974 established Circle of Benefactors constitutes the key element in the non-profit organisation's funding. Currently, it encompasses more than 400 companies, which commit themselves for three years at a time to support the St. Gallen Symposium with a certain financial amount. By establishing this long-term relation, the continuity is secured and a situation as in 1974, when the symposium had to be cancelled, can be prevented. Besides the participation in the St. Gallen Symposium, these partners receive an invitation to the Dinner for the Circle of Benefactors, taking place on the Wednesday of the Symposium.[57]

Within this circle are currently seven Main Partners, who provide special support in their respective areas: ABB, Accenture, Interbrand, Hewlett-Packard Enterprise, Microsoft, Salt und Xerox. In addition, there are two Main Partners exclusively supporting the Leaders of Tomorrow: Credit Suisse and Swiss Re.[58]

The St. Gallen Symposium has established a close cooperation and partnership with the Max Schmidheiny Foundation as well as the University of St. Gallen, which puts its infrastructure at the symposium's disposal every year. Through the support of the St. Gallen based Ria & Arthur Dietschweiler Foundation, the St. Gallen Symposium Public Forum is enabled.[59]

Moreover, there are numerous donors, who contribute greatly to the funding.[60]

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