Applications to attend the Dinner Forum are now closed.
Corporate lifespans are getting shorter. By 2026, the average tenure of a company on the S&P 500 is predicted to be 14 years, which is a quarter of the 61 year average recorded in 1958, according to analysis conducted by Yale University. Greater and cheaper access to more sophisticated technology means radical new ways of conducting business can take hold quickly and at scale, wiping out iconic brands, and snatching away the raison d'être of entire industries. Companies that have failed to stay relevant in recent years litter the wayside, among them Blockbuster, Hummer, and Polaroid.
What can companies do to live longer - and do so in a way that is sensitive to the fragile economic, environmental and geopolitical context? To remain standing in the age of tech-led disruption and changing economic and trade dynamics, companies will need to create the ‘next new’ from scratch - and by themselves. And because the business model that led to one success can’t be guaranteed to lead to the next, big business and start-ups alike will have to keep finding new ways of working. They need to turn business and revenue model innovation into a core capability.
Now more than ever, business longevity will rely on it.
Starting with the central question ‘how can companies create what’s next?’, our panelists will reveal their secrets to a) how to get beyond corporate groupthink into a more entrepreneurial mindset and, b) how to deploy new and emerging technology in a way that creates and captures new value.
This curtain-opener dinner to the World Economic Forum sessions is for a cross-sector audience of C-suite level WEF delegates. Making its 12th appearance this year, the FT-Wipro Davos dinner – at which the most topical business challenges and trends are examined by the best minds - is considered a must-attend fixture for the WEF elite.