Can Davos cure the “island” mentality that dominates the business world? It’s a starting point



Good morning. When black rock CEO Larry Fink became co-chair of the World Economic Forum last year, he called US President Donald Trump and asked him to come speak, what he did. Fink also called Scott Galloway, an author, podcaster and marketing professor at NYU Stern who has a very different view of what will make America great. As Galloway told me last night at our annual meeting Fortune Global Leadership Dinner: “Larry Fink called me and said, ‘I want you to come.’ It was more than enough.

While the WEF focuses on heads of state, I joins a media scrum After Trump’s meeting with Ukrainian leader Volodymyr Zelensky, I thought I’d bring you some insights from my conversation with Galloway. (I first met Galloway in 2009 as a mentor at the Kairos Summit hosted by then-Wharton student Ankur Jain, who later founded the Bilt Group.)

Galloway last attended the WEF in 1999. “Back then, the calling sign of America was consumerism; it was more cooperation and alliances. Today, I think the calling sign of America is chaos, corruption and coercion,” he said. “America has been the operating system of the world…There’s just a sense of unease…In 1999 we were saying ‘we want more,’ now we want to make sure things don’t get worse.” He hailed Canadian Prime Minister Mark Carney’s speech as the best of the week. “All 27 EU member states should have been sitting behind him,” Galloway said. “Right now it’s like Germany and the 26 dwarfs.”

By soliciting both Galloway and Trump to come to Davos, Fink understands the power of the WEF to bring opposing worldviews together under one roof. I’ve heard Saudi Tourism Minister HE Ahmed Al-Khateeb compare notes with Switzerland Tourism CEO Martin Nydegger, I’ve seen Commerce Secretary Howard Lutnick chat with random people in the room, including me, and I’ve seen dozens of world leaders find common ground during our dinners and lunches. (That’s why I also appreciated having Deloitte, AonPMI, Toptal and Workday sponsor editorial meetings that allow us to create our own green villages.)

On Monday, I hosted a CEO lounge to discuss the results of the Edelman Trust Barometer 2026in which 70% of respondents this year expressed an “island” mindset; they don’t want to talk, work, or even be in the same space with someone who doesn’t share their worldview. Richard Edelman told me that CEOs urgently need to tackle the resentment that is ravaging the business world.

What leaders achieved at Davos is never immediately obvious: the details of the Greenland deal, for example, are still sketchy— but by showing up, Davos attendees at least came together with an instinct for connection. This is a good starting point.

Contact the CEO daily via Diane Brady at diane.brady@fortune.com

Top news

Trump sues Dimon and JPMorgan

President Donald Trump intensified its attacks on Jamie Dimon and JPMorgan Chase on Thursday with a $5 billion lawsuit that claims the financial giant “unbanked” the president and his companies for political reasons. Dimon recently clashed with Trump over the independence of the Fed and the president’s plan to cap credit card interest rates. The bank says the lawsuit is without merit.

Oil CEOs talk about Venezuela

President Donald Trump has urged U.S. companies to invest in Venezuela’s oil infrastructure, but cheap fuel in the country means lower profit margins for those companies. “I think everyone feels a little shortchanged here,” says the CEO of a major U.S. oil company. said Fortune.

Using AI to “solve” disease

Nobel laureate and Google Gemini pioneer Demis Hassabis gave FortuneAllie Garfinkle a rare look at his latest ventureIsomorphic laboratories, an AI drug design company that aims to create revolutionary new drugs for some of the most “incurable” diseases. “We’re trying to build a system, a process…to make maybe dozens of drugs every year,” he says.

The markets

S&P 500 Futures Contracts are down 0.23% this morning. The last session closed up 0.55%. STOXX Europe 600 was down 0.27% at the start of the session. United Kingdom FTSE100 was down 0.10% at the start of the session. from Japan Nikkei 225 was up 0.29%. China CSI300 was down 0.45%. South Korea KOSPI was up 0.76%. India NIFTY50 was down 0.95%. Bitcoin was at $89,000.

Around the water fountain

Elon Musk explains why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe. by Sasha Rogelberg

TradFi Companies Increasingly Interested in Cryptocurrencies, Says Bybit CEO Ben Zhou by Angélique Ang

Trump’s Greenland gamble followed a familiar playbook, which he himself wrote by Eva Roytburg

McDonald’s CEO Shares Tough Romance Career Advice He Would Give to Gen Z and Young Millennial Workers: ‘Nobody Cares About Your Career’ by Orianna Rosa Royle

CEO Daily is compiled and edited by Joey Abrams, Claire Zillman and Lee Clifford.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *