Leaders without followers

The annual World Economic Forum: an analysis


AS THE movers and shakers head to the Swiss mountain resort of Davos this week for the annual World Economic Forum, their credentials as global leaders look anything but resilient. Their official theme will be “resilient dynamism”, whatever that means, but what they ought to be talking about is the low level of trust the public has in their ability to do anything useful. The annual “Trust Barometer” survey published by Edelman, a public-relations firm, reports widespread scepticism about the ethics practised by political and business leaders. The lowest scores were when those surveyed were asked if they trust leaders to “tell the truth, regardless of how complex or unpopular it is”: only 18% trusted business leaders, whilst government leaders scored a yet more miserable 13%.

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