The Economist Davos Man and his defects

The two most popular words in the business lexicon are probably “global” and “leadership”. Put them together and people in suits start to salivate. That is perhaps why more than 1,000 corporate bosses are flocking to Davos, a Swiss ski resort, this week. There, at the annual bash of the World Economic Forum (WEF), they sip vin des glaciers with some 50 heads of state and 300 cabinet ministers. Whatever the topic, from deficits to deadly diseases, the talk is all of providing “global leadership”. And not just in the short term: the WEF rigorously selects and nurtures “Young Global Leaders” to form a “next-generation leadership community that is mission-led and principle-driven”.