A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 155 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Transformation in a Rapidly Changing World: States, Companies, People
6 June 2019
15:00—16:30
KEY CONCLUSIONS
Access to technologies is a key factor for competitiveness

Countries compete for technological leadership. Technologies have become the main geopolitical weapon. States do not threat each other with nuclear bombs anymore, they say: “We will disconnect you from technologies,” Today this is like to take off a drop bottle from a sick person; we all depend on these technologies, and that is why they gain so much importance — Herman Gref, Chief Executive Officer, Chairman of the Executive Board, Sberbank.

According to a survey among global companies, over 70% of respondents believe that artificial intelligence as a particular technology will have even more large-scale consequences than Internet — Bob Moritz, Global Chairman, PwC .

IT is a technology that makes it possible for business to work; it is a core technology — Guo Ping, Deputy Chairman of the Board, Rotating Chief Executive Officer, Huawei .

New technological setup enhances the role of human capital

We are in need of new young managers. The state should act in the way that shows that they are really needed. <…> Leadership cannot be learnt from textbooks. You can only be infected with leadership; it is a kind of fervor. It is transmitted from one person to another, there is no other way. <…> Many people start thinking that now everything is becoming automated, artificial intelligence is being introduced, and soon people will not be needed. I strongly disagree; in my opinion, it is nonsense. People’s decisions, leadership are valued; people will always be the most important thing. <…> Almost each manager says: ‘Give me a dozen, at least, a dozen, or even two dozen smart leaders, and I will find solution to any unsolvable problem — Sergei Kiriyenko, First Deputy Chief of Staff of the Presidential Executive Office.

Digitalization significantly enhanced efficiency of business and public administration

Urban intellectual transport system that is based on artificial intelligence, big data, information flows. A really expensive thing: billions have been spent on its development and functioning, but it provides 15% improvement of city traffic. Imagine that if the same task would be solved by expanding physical infrastructure, for example, by constructing roads and junctions, it would require around 300 billion roubles and digging up the whole city. Intellectual transport system implies largest investments and unprecedented efficiency — Sergey Sobyanin, Mayor of Moscow.

ISSUES
Fast technological development creates instability risks

In total, there are approximately 3.4 billion jobs for 7.8 billion people. According to the McKinsey Global Institute, half of them, or around 1.6 billion, might be automated or rightsized by 2030 — Herman Gref, Chief Executive Officer, Chairman of the Executive Board, Sberbank.

Technologies created a huge uncertainty. This uncertainty bewilders people; they ask themselves: what the company of the future will look like? Will this technology ruin my business before I am able to evolve? Will my competitors outpace me; will I fall into oblivion as a company? For countries: how can I attract investments to become this country or this city of the future? What if I will not survive this competition in the future? And the same at the level of individual person. My future employment is uncertain. My job might be gone, and I might be replaced with some technological solution — Bob Moritz, Global Chairman, PwC .

Inequal access to technologies increases the gap between leaders and those who hang behind

New economy has the undisputed champion – United States, but the second leader who is catching up is China. The two countries account for around 95% of world’s digital capitalization. The situation is the same on non-public companies’ market — Herman Gref, Chief Executive Officer, Chairman of the Executive Board, Sberbank.

We live in an open world, and a degrading city, first of all, loses people, investment, intelligence, its future. Catching up becomes extremely difficult. Degradation of cities is followed by degradation of states — Sergey Sobyanin, Mayor of Moscow.

SOLUTIONS
Use of public possibilities for development of digital technologies

Public online services have become a predominant trend in public administration. Over the last two years, the share of public online services worldwide grew from 18 to 47 per cent. We intentionally chose this period, because before the dynamics was very slow. It took us ten years to reach 18 per cent, and then over the course of two years we more than doubled the amount of online services — Herman Gref, Chief Executive Officer, Chairman of the Executive Board, Sberbank.

If we have a 100% electronic record, we have exactly 150,000 spots that can be given for these mothers. Today, not 280,000, but rather 450,000 children go to kindergartens. Among them only 50,000 have been physically built in addition — Sergey Sobyanin, Mayor of Moscow.

Expansion of investments in R&D

The next generation will live in intellectual society that will have three important features: everything will be connected to the Internet; everything will have sensors, and everything will be a smart device. <…> To achieve that, we need to massively invest in R&D, as well as design and experimental work. For example, last year Huawei’s investment reached 15 billion dollars. We believe that each year we need to invest 10% of our revenue into R&D — Guo Ping, Deputy Chairman of the Board, Rotating Chief Executive Officer, Huawei .

Many people are involved in data science and academic medical research. We have largest number of medical patents. We are on the second place with AI patents. We invest a great share of proceedings into R&D — Frans van Houten, Chief Executive Officer, Chairman of the Board of Management and the Executive Committee, Royal Philips .

Development of business culture

It takes time for willingness for team work to emerge; that is the culture. Entrepreneurship and business are always based on competition, it is inevitable, and everything begins with an attempt to do things by yourself. But at the next stage there comes an understanding that together we can do more, work faster and more efficiently. This is time, culture and leadership, because leadership is also about setting an example of cooperation — Sergei Kiriyenko, First Deputy Chief of Staff of the Presidential Executive Office.

We need to nourish the culture, the culture of innovation, the culture of entrepreneurship, the culture where people would defend their point of view — Frans van Houten, Chief Executive Officer, Chairman of the Board of Management and the Executive Committee, Royal Philips .

Corporation is responsible for creating new jobs. A global company must have a balanced team all over the world — Frans van Houten, Chief Executive Officer, Chairman of the Board of Management and the Executive Committee, Royal Philips .

Support for domestic producer

We need to support domestic producers, but not to cross the line. To avoid the situation, when people buy from them only because they are domestic. As soon as we lose competition, the quality will drop, and we will be defeated — Sergei Kiriyenko, First Deputy Chief of Staff of the Presidential Executive Office.

The material was prepared by the Russian news agency TASS