AGENDA


Monday, 18 November, 2019

8:30
REINVENTING BUSINESS FOR A NEW DECADE

MOST POWERFUL WOMEN BREAKFAST
By invitation
Hosted by L’Oreal
A gathering of top global companies and members of Fortune’s Most Powerful Women community. Program will feature special interviews and discussion on hot-button issues and trends impacting business and the economy in the coming decade.

Welcome Remarks:
Alexandra Palt, Executive Vice President and Chief Corporate Responsibility Officer, L’Oréal

Featured Speakers:
Julie Sweet, Chief Executive Officer, Accenture
In conversation with: Maithreyi Seetharaman, Co-chair, Fortune MPW International; Co-chair Fortune Global Forum

Anne Rigail, Chief Executive Officer, Air France
In conversation with: Nina Easton, Chair, Fortune MPW International; Co-chair, Fortune Global Forum

10:15
BOARDROOM CONFIDENTIAL

ROUNDTABLE DISCUSSION
By invitation
As the global economy shifts, what role can board directors play in steering their companies toward long-term value creation and growth? A conversation on 21st-century boardroom effectiveness, how CEOs can work with their boards to approach the biggest challenges of our time—including technological disruption, changing government policies, and volatile markets—and find new pathways for renewal and growth.
Host: Alan Murray, Chief Executive Officer, FORTUNE
Discussion Leader: Sophie Bellon, Chairwoman, Sodexo

11:45
CHINA: NEW FRONTIERS FOR GROWTH

LUNCH DISCUSSION
For over a decade, China has been a powerful engine of the global economy. But the changing business landscape, spurred by automation, geopolitical shifts, and new consumer demands present unique challenges and new opportunities to turbocharge old business models. A roundtable discussion on gateways for growth in the new Chinese marketplace.

Discussion Leaders:
Bernard Charlès, Vice Chairman and CEO, Dassault Systèmes
Li Zhenguo, President, LONGi Group
Vincent Qiu, Chief Executive Officer, Baozun
Gregor Theisen, Senior Partner and Leader, McKinsey Digital Asia, McKinsey & Company
Annie Young-Scrivner, Chief Executive Officer, Godiva
Sonny Wu, Co-Founder and Chairman, GSR Ventures
Moderator: Adam Lashinsky, Executive Editor, FORTUNE; Co-chair, FORTUNE Global Forum

11:45
FIRING UP EUROPE’S INNOVATION ENGINE

LUNCH PROGRAM
Once the global powerhouse of innovation, Europe has lost its edge: today, it is outpaced in most growth areas by the United States and China. In an interactive session, we will explore how the continent can regain its competitive edge, not by playing catch-up, but by changing the game to build on its strengths. From accelerating digital technologies and AI adoption to leveraging the new rules of data and user access to investing in talent, our expert panel will discuss what it will take to push Europe and its businesses forward.
Hosted by McKinsey & Company
Welcome and Overview: Pal Erik Sjatil, Managing Partner, Europe, McKinsey & Company
Harold Goddijn, Chief Executive Officer, TomTom
Eric Hazan, Senior Partner, Paris, McKinsey & Company
Karien van Gennip, Chief Executive Officer, ING Bank France
Moderator: Rik Kirkland, Senior Managing Editor, McKinsey & Company

14:00
WELCOME

Alan Murray, Chief Executive Officer, FORTUNE

14:05
THE ECONOMIC PLAN FOR EUROPE

The European Central Bank’s loosening policy is aimed at preventing a slowing Eurozone from dipping into recession. But will the Bank’s stimulus measures in September—and now record low interest rates—result in higher house prices and falling pensions? And can monetary policy once again rescue Europe’s struggling manufacturing sector and boost economic growth?
Philip Lane, Chief Economist, European Central Bank
Interviewer: Maithreyi Seetharaman, FORTUNE

14:25
INNOVATING WITH PURPOSE

Today’s CEOs face technology-driven industry disruption, changing government policies, volatile markets, and a new, more demanding generation of employees and customers. How can companies use innovation to help improve products and services while ensuring that no one is left behind in the process? Two CEOs—leading two very different companies—share their perspectives.
David Abney, Chairman and CEO, UPS
Vasant Narasimhan, Chief Executive Officer, Novartis
Interviewer: Nina Easton, FORTUNE

14:50
THE RACE FOR A SMARTER FUTURE

5G promises to be a game changer, delivering lightning-fast download speeds and collecting more data than ever before. Enter Huawei, the world’s second-largest smartphone maker, a company poised to deliver this technology to the masses. How will 5G networks enable advances in A.I., robotics, and IoT devices? And what might our cities, buildings, cars, and homes look like once we’re all connected?
Ken Hu, Deputy Chairman, Huawei Technologies
Interviewer: Adam Lashinsky, Executive Editor, FORTUNE; Co-chair, Fortune Global Forum

15:10
WORKFORCE OF THE FUTURE

By 2030, nearly 15% of the global workforce, about 400 million workers, will likely be displaced by automation. Can machines and humans join forces to increase productivity? And what might work look like as more employees ditch traditional office hours for more flexible arrangements? A look at the fast-changing landscape of work and what it will take for businesses to adapt.
Stephane Kasriel, Chief Executive Officer, Upwork
Kevin Sneader, Global Managing Partner, McKinsey & Company
Moderator: Michal Lev-Ram, Senior Writer, FORTUNE

15:35
COFFEE AND NETWORKING BREAK
16:00
LEADING THROUGH THE NEXT DECADE

As the world’s largest and most diversified health care company, Johnson & Johnson operates in more than 60 countries, connecting to more than a billion people every day. What does it take to lead a company as the complex forces of automation, globalization, and climate change upend the traditional business landscape? And what should CEOs use as their barometer for success in the coming decade?
Alex Gorsky, Chairman and CEO, Johnson & Johnson
Interviewer: Alan Murray, FORTUNE

16:15
SECURING THE ALLIANCE

The digital revolution is changing the very nature of warfare. Cyberattacks present grave and complex dangers to everything from global energy grids to fundamental democratic processes. How can NATO, a 70-year-old organization and a bedrock of security for North America and Europe, keep pace with these hybrid threats? And what role does the U.S., a founding member of NATO, have in building trust, preventing conflict, and securing the alliance?
Kay Bailey Hutchison, U.S. Ambassador to NATO
Interviewer: Nina Easton, Co-chair, Fortune Global Forum

16:35
HEALTHCARE’S NEW (DIGITAL) NORMAL

Healthcare systems around the world are in need of revamping. Costs are unsustainable, demand is rising and patients crave more personalized experiences. A.I., virtual reality and 3D printing are just some of the technologies that have the potential to transform inefficient legacy healthcare systems, giving way to game changing innovation, from digital replicas of the human heart to A.I.-driven X-rays. Two CEOs share how technology is empowering doctors, making medical testing more efficient, and vastly improving patient experiences and outcomes.
Bernard Charlès, Vice Chairman and CEO, Dassault Systèmes
Kieran Murphy, Chief Executive Officer, GE Healthcare
Interviewer: Clifton Leaf, Editor-in-Chief, FORTUNE

17:00
SUPPLY AND DEMAND: A RACE FOR RARE EARTHS

Ongoing trade tensions between the U.S. and China have thrust rare earth materials—found in everything from smartphones and wind turbines to electric cars and medical tools—into the global spotlight. The head of the world’s largest rare earths miner and processor outside of China shares how she is challenging China’s control of the global supply and providing a viable sourcing alternative for the U.S. and other demanding markets.
Amanda Lacaze, Chief Executive Officer, Lynas Corporation
Interviewer: Brian O’Keefe, Deputy Editor, FORTUNE

17:15
SURVEILLANCE CAPITALISM

In today’s digital age, data is on course to be the new oil and the strongest currency available. A look at how the commodification of data can change human behavior, widen the inequality gap, and reshape the future of capitalism.
Shoshana Zuboff, Professor Emerita, Harvard Business School; Author, The Age of Surveillance Capitalism
Interviewer: Adam Lashinsky, FORTUNE

17:30
NAVIGATING GLOBAL SHIFTS

Nationalism is on the rise, and some long-running trade relationships are being tested. As globalization and the world trade order come under attack, what are the consequences to the future of trade and the financial system? And what role will emerging economies and unprecedented technological change play in shaping global policy?
Michael Froman, Vice Chairman and President, Strategic Growth, Mastercard; Former U.S. Trade Representative
Angel Gurría, Secretary-General, Organization for Economic Cooperation and Development
Shriti Vadera, Chairwoman, Santander UK; Former Cabinet Office Minister and G20 Adviser
Moderator: Ngaire Woods, Dean, Blavatnik School of Government, Professor, Global Economic Governance, Oxford University

18:00
FRANCE FORWARD

France has recently seen its lowest unemployment rates and highest foreign direct investment in over a decade. Now, in the midst of an inevitable global economic slowdown, the French government is picking up the pace on reform efforts aimed at reversing years of industrial decline. A conversation with the man tasked with ensuring France remains a top player in the European and global economy.
Introduction: Maurice Lévy, Chairman, Publicis Groupe
Bruno Le Maire, Minister of Economy and Finance, Republic of France
In conversation with: Alan Murray, FORTUNE

18:30
RECEPTIONS AND DINNERS

Join Fortune editors for a special evening that will bring Fortune Global Forum guests to some of Paris’ Michelin-starred restaurants. Participants will select from 1 of 5 options:

Dominique Bouchet
Refined French technique meets innovation in the kitchen of Chef Dominique Bouchet’s contemporary, art-filled restaurant studio.

L’Arôme
Creative young Chef Thomas Boullault modernizes tradition with a true feast of flavors—experiential dining in a chic, relaxed setting.

Le Chiberta
Hosted by Huawei
Abstract paintings and glassed-in wine cellars provide the backdrop for Chef Stephane Laurelle’s inventive, cosmopolitan take on haute cuisine.

Le Taillevent
Hosted by Toptal
Chef David Bizet’s sensational dishes, featuring classic techniques and ingredients, delight guests at this French national treasure.

Nomicos
Chef Jean-Louis Nomicos combines simple ingredients and complicated techniques, transporting diners to the Mediterranean in this light-filled venue.

21:30
ADJOURN

Tuesday, 19 November, 2019

7:30
ACTION 2020: CEO LEADERSHIP STRATEGIES FOR THE NEXT DECADE

CEO INITIATIVE BREAKFAST ROUNDTABLE
By invitation to CEO Initiative members only
In an atmosphere of widening economic inequality and deepening distrust of business, the role of the corporation is changing. Governments, thought leaders, and consumers are all asking fundamental questions about how capitalism is serving society. From reputation and crisis management to championing social issues, CEOs are finding themselves navigating a new paradigm for leadership in the 21st century. This peer-to-peer discussion will cover best practices for innovating, engaging employees, and tackling key business challenges in the decade ahead.

Presenter: James Manyika, Chairman, McKinsey Global Institute; Senior Partner, McKinsey & Company
Discussion Leaders:
Alan Murray, FORTUNE
Paul Polman, Co-founder and Chair, IMAGINE; Chair, International Chamber of Commerce

9:00
A ROADMAP FOR GLOBAL GROWTH: THE VIEW FROM EUROPE

Europe is a leader and the center of debate on many key global issues, including climate action, energy policy, competitiveness, global trade, and innovation. In the wake of Brexit and amid rising populist sentiment, how are European companies forging ahead on these issues? And what role can they play in delivering inclusive growth and sustainable prosperity in the global economy?
Sophie Bellon, Chairwoman, Sodexo
Carl-Henric Svanberg, Chairman, Volvo Group; Chairman, European Round Table of Industrialists
Jean-Claude Trichet, Chairperson of the Board, Bruegel; Former President, European Central Bank
Moderator: Maithreyi Seetharaman, FORTUNE

9:35
REIMAGINING CAPITALISM

Capitalism has been a successful engine of wealth creation, lifting billions of people out of extreme poverty. But at what cost? Excessive consumption, dwindling resources, and unprecedented inequality are just some of the consequences we are reckoning with. Now, at a time of wavering trust in capitalism, CEOs are understanding the need to act and are emphasizing stakeholder value and social impact over shareholder primacy and short-term growth. How can business be a platform for social change, while continuing to innovate, grow, and compete?
Paul Polman, Co-founder and Chair, IMAGINE; Chair, International Chamber of Commerce
Interviewer: Alan Murray, FORTUNE

9:55
REINING IN BIG TECH

With a market of 500 million wealthy citizens and the ability to coordinate on digital policymaking, Europe has been quick to put together a playbook to address controversial issues like competition, privacy, and taxation. In an era where data is the new oil, regulators in the U.S. now find themselves in unchartered territory as they work to uphold the rights of individuals and their privacy. Lessons learned from three European countries on the delicate balance between protecting our information and giving tech companies room to grow and innovate.
Marie-Laure Denis, Commissioner, French Data Protection Authority
Helen Dixon, Data Protection Commissioner, Ireland
Ulrich Kelber, Federal Commissioner for Data Protection and Freedom of Information, Germany
Moderator: Adam Lashinsky, FORTUNE

10:25
BUILDING THE 21ST CENTURY COMPANY

Market leaders, and those that aspire to be, confront an environment radically changed since the new century dawned. Rapid advances in technology, innovation and globalization have spurred broad prosperity and unprecedented value creation for those able to ride and shape these forces. But barriers are rising in the once borderless world. Tech is no longer a sector, it’s core to every company’s competitive advantage. Society now demands from business not just profits but real solutions to inequality and inclusion, to climate change and sustainability. CEOs should start by wrestling with 10 key questions—and boldly choose which answers may help them lead and what trade-offs will be required to thrive for the rest of the 21st century.
Presenter: James Manyika, Chairman, McKinsey Global Institute; Senior Partner, McKinsey & Company

10:30
GETTING SERIOUS ABOUT SUSTAINABILITY

Today’s consumers are more environmentally and socially conscious than ever, taking into consideration not just the price of a product or service, but the values and ethics of the company selling it. Major corporations around the world, aware of this new buying power, are quickly taking note, and as the urgency of climate change becomes impossible to ignore, businesses are being forced to act. From cosmetics to beverages and banking, no industry is immune to the effects of climate change. CEOs from diverse sectors share insights on how their businesses are stepping up and making sustainability a priority.
Pierre-André de Chalendar, Chairman and CEO, Saint-Gobain
Christiana Figueres, Founding Partner, Global Optimism; Former Executive Secretary, UN Climate Change Convention
Yves Perrier, Chief Executive Officer, Amundi
Interviewer: Alan Murray, FORTUNE

11:05
COFFEE AND NETWORKING BREAK
11:30
TOTAL MAKEOVER

L’Oréal, the world’s leading beauty company, is constantly reinventing itself. From shifting to a beauty tech group, to leading a sustainability-focused business, CEO Jean-Paul Agon, shares L’Oréal’s own recipes for change and insights on how the company will continue to embrace new trends and set itself apart in the next decade.
Jean-Paul Agon, Chairman and CEO, L’Oréal
Interviewer: Nina Easton, FORTUNE

11:45
LAUNCHING E-COMMERCE INTO THE NEXT DECADE

Online retailer Hepsiburada has been dubbed the “Amazon of the East”, selling everything from laptops and jewelry to pet food and toys. A conversation with an e-commerce pioneer whose companies—worth over $2 billion—make her one of the world’s most successful tech entrepreneurs and one of the most prominent female founders worldwide.
Hanzade Doğan-Boyner, Founder and Chairwoman, Hepsiburada
Interviewer: Claire Zillman, Editor, FORTUNE

12:00
SPOTLIGHT: CLOSING THE DIGITAL SKILLS GAP

A leading French online education-to-employment platform is helping companies close the digital skills gap by training students to meet the needs of an A.I.-powered global workplace.
Presenter: Pierre Dubuc, Co-founder and CEO, OpenClassrooms

12:10
ARTIFICIAL INTELLIGENCE: RISK AND REWARD

Advancements in the field of machine intelligence have completely disrupted the way we live, work, and do business. Where might we see A.I. headed next? And for all the good that A.I. technologies are doing, the risk remains that they will go too far, too fast. What must companies do to harness the potential of A.I. without harming—and losing the trust of—their customers?
Antoine Bordes, Co-Managing Director, Facebook Artificial Intelligence Research
Francesca Rossi, IBM AI Ethics Global Leader and Distinguished Research Staff Member, IBM Research
Moderator: Jeremy Kahn, Senior Writer, FORTUNE

12:35
BETTING ON LATIN AMERICA

A growing middle class and a welcoming attitude toward technology and innovation make many Latin American countries fertile ground for venture capital. Investments in the region have nearly tripled since 2016 and are projected to reach nearly $3 billion by the end of this year. A closer look at why Latin America is attracting some of the biggest VCs from around the world.
André Maciel, Managing Partner, Softbank Innovation Fund
Interviewer: Adam Lashinsky, FORTUNE

12:50
SWITCH BREAK
13:00
CONCURRENT LUNCH SESSIONS

(Choose 1 of 4)

CLIMATE CHANGE AND THE BOTTOM LINE
Hosted by Saint-Gobain
It’s been four years since the Paris Agreement was adopted. Since then, it has become clear that private-sector engagement in meeting national climate change commitments is crucial, and there is much at stake. Customers are rewarding companies that are minding their global footprint, while investors are demanding climate risk disclosure. How are business leaders restructuring value chains, implementing greener investment strategies, and engaging new technologies to meet new environmental standards and reach consensus on what sustainability means in the coming decade?
Pierre-André de Chalendar, Chairman and CEO, Saint-Gobain
Christiana Figueres, Founding Partner, Global Optimism; Former Executive Secretary, UN Climate Change Convention
Aloke Lohia, Founder and Group CEO, Indorama Ventures
Mark Schneider, Chief Executive Officer, Nestle
Moderator: Brian O’Keefe, FORTUNE

DISRUPTIVE TECHNOLOGIES AND THE FUTURE OF BUSINESS
Hosted by Huawei Technologies
A.I., 5G, and the cloud have the potential to completely transform the way and the speed at which we manage our businesses, make our products, and engage with customers. Yet, fewer than 10% of companies’ business models are economically viable as the world digitalizes. A look at how industries can both prepare for and capitalize on emerging technologies.
Welcome Remarks: Chasen Skinner, Senior Director, Corporate Communications, Huawei Technologies USA
Maria Elena Cappello, Director, Telecom Italia
Yannick Fierling, Chief Executive Officer, Haier Europe
Tiger Tyagarajan, President and CEO, Genpact
Yvonne Wassenaar, Chief Executive Officer, Puppet
Moderator: Jeremy Kahn, FORTUNE

A NEW ERA OF GLOBALIZATION
Economic nationalism and digital transformation are redefining the meaning of globalization and upending traditional ways of doing business. Trade tensions are stalling business development, financial markets are constantly course-correcting, and rising inequality is fostering discontent. At the same time, demographic shifts, including aging communities and burgeoning youth populations, are changing consumer behavior and demands. What do all these changes mean for global business and how can CEOs lead through and capitalize on the uncertainties ahead?
Ian Goldin, Professor of Globalisation and Development, University of Oxford
Karien van Gennip, Chief Executive Officer, ING Bank France
Gary Shapiro, President and CEO, Consumer Technology Association
Michel Vounatsos, Chief Executive Officer, Biogen
Moderator: Claire Zillman, FORTUNE

REVOLUTIONIZING WORKPLACE CULTURE
Hosted by Insigniam
Only one in four efforts to change an organization’s culture is successful. So how can business leaders ensure their employees are engaged and in a workplace that helps them meet their full potential? And how can global companies work together to address inequities in leadership, promote cultures of learning and innovation, and build talent pipelines that are sustainable and adept at meeting the demands of 21st-century technology?
Welcome Remarks: Nathan Rosenberg, Founding Partner, Insigniam
Francesca Bellettini, President and CEO, Yves Saint Laurent
Jean-Jacques Bienaimé, Chairman and CEO, BioMarin
Jacques van den Broek, Chairman and CEO, Randstad
Moderator: Clifton Leaf, FORTUNE

14:30
SWITCH BREAK
14:45
EUROPE’S SILICON VALLEY

From Germany to the Netherlands, countries throughout Europe are raising the global bar on innovation. The continent is swelling with opportunities and talent as positions, old and new, are being revamped. A look at why startups and investors are finding surprising success in Europe, and what it will take for the region to retain its competitive edge.
HRH Prince Constantijn van Oranje, Special Envoy, TechLeap.NL
Karl-Theodor zu Guttenberg, Founder, Spitzberg Partners; Former Minister of Defense, Germany
Young Sohn, President and Chief Strategy Officer, Samsung
Moderator: Michal Lev-Ram, FORTUNE

15:20
FOOD FOR THE FUTURE

Food giants are under pressure to solve a myriad of problems, from world hunger to rising rates of obesity and increasing demand for nutritious, sustainable food. Nestlé is tackling these challenges head on, using new technologies to reshape the future of what we eat. What can we expect from an industry looking to maximize food production while reducing its global footprint? How is innovation helping to personalize food and what impact will that have on our planet and our health?
Mark Schneider, Chief Executive Officer, Nestlé
Interviewer: Clifton Leaf, FORTUNE

15:40
THE VIEW FROM CROATIA: ON THE ROAD TO EURO ADOPTION

The newest EU member is on the road to its inevitable membership in the Euro Club. Croatia wants to relegate its currency, the Kuna, to the history books by 2023. But the Euro adoption path is littered with obstacles and challenges. In an uncertain world, what is Croatia’s strategy to ensure a smooth adoption and what can the Euro mean for the country’s economy in the next decade?
Boris Vujčić, Governor, Croatian National Bank
Interviewer: Maithreyi Seetharaman, FORTUNE

15:55
SPOTLIGHT: UNLOCKING AFRICA’S UNTAPPED POTENTIAL

Africa will have a larger workforce than China by 2030, and the largest workforce in the world by 2050. In a matter of decades, one billion people will need jobs in Africa, a continent whose youth make up 60% of its population. What opportunities will this new generation of talent present and how will Africa stake its claim on the world stage?
Presenter: Fred Swaniker, Founder and CEO, African Leadership Group

16:05
AFRICA’S AIRLINE TAKING OFF

Despite a year marred by a fatal crash, rising fuel costs, and an economic slowdown, Ethiopian Airlines has managed to secure its position as Africa’s largest, most profitable airline. With no sign of slowing down, the airline’s CEO will discuss plans for expansion and how he’s led the company through crisis and uncertainty.
Tewolde GebreMariam, Chief Executive Officer, Ethiopian Airlines
Interviewer: Nina Easton, FORTUNE

16:20
COFFEE & NETWORKING BREAK
16:45
PEOPLE + MACHINES: REDEFINING INTELLIGENCE

A.I., automation, and analytics are transforming the business landscape, enhancing products and services, and enabling new forms of competition. How can companies combine intelligent technology and human ingenuity to solve the most pressing business challenges and maximize productivity?
Paul Hudson, Chief Executive Officer, Sanofi
Julie Sweet, Chief Executive Officer, Accenture
Moderator: Brian O’Keefe, FORTUNE

17:10
A DIGITAL NATION IN AN EMERGING EUROPE

Despite its size, Estonia has become one of the world’s most digitally advanced countries, with nearly all government services available online. A conversation with President Kersti Kaljulaid on how a nation of 1.3 million is working to combat climate change, address global cyber terrorism threats and build greater security in the Baltic region.
H.E. Kersti Kaljulaid, President, Republic of Estonia
Interviewer: Maithreyi Seetharaman, FORTUNE

17:35
SHIFTING GEARS

As one of France’s most iconic companies, Groupe Renault has one mission: to provide sustainable mobility to the world. The acting CEO at the helm of this 120-year-old automotive brand discusses how she is navigating disruption across the industry, working to address environmental challenges, and looking for ways to strengthen the world’s largest automotive alliance.
Clotilde Delbos, Acting Chief Executive Officer, Groupe Renault
Interviewer: Alan Murray, FORTUNE

18:00
CLOSING RECEPTION

Café de l’Homme