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I do not attend the annual meeting of the World Economic Forum in Davos. But my sense is that, as in previous years, this year's participants ended up extrapolating more from the recent past than genuinely looking into the future for pivots and tipping points.This was true both at the macro level and in terms of the key individual issues that attracted the most attention, according to multiple media reports (and the media are extremely well-represented at this event).As a result, this globally renowned gathering of influential government and corporate leaders appears to have missed, once again, an opportunity fully to realize its considerable potential.There is a reason why Davos tends to be backward looking. A year ago, most leaders had just come off the strongest quarter of global growth in years.The Davos consensus seemed to be that China-U.S. trade disputes would intensify during 2019 .Davos, both its organizers and its participants, would do a much better job by making three changes to the way the event is managed.In addition, Davos should collect and discuss best practices for dealing with usual levels of uncertainty for both businesses and government policymaking.The annual Davos gathering is too big an opportunity not to be exploited properly.
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