The concentration of this much power in one place also sets the stage for business leaders to meet and make deals. WEF membership includes nearly every leading consulting firm, media holding company, global bank and global corporation. As a result, what happens in Davos doesn't stay in Davos -- in fact, Credit Suisse's official tagline was, "What Happens in Davos Shouldn't Stay in Davos." Many companies supplement their leadership's attendance with a well orchestrated, integrated media program that's meant to showcase their participation, demonstrate their thought-leadership and expertise and, ultimately, show what the company can do.
Like any other event, an official hashtag links the digital dialogue and lets interested parties follow along and engage in the conversation. And, like other conferences, the hashtag mixes content from event sessions, thoughts from attendees and media leaders, as well as communications from companies and organizations looking for exposure.
If last year's leaders were exclusively in the professional services sector, this year it was the banks, broadcasters and global organizations. The best brands found smart ways to use live video to drive their programs, while others offered space and intellectual capital to facilitate dialogue and participation on #WEF17. Here are a few key ways the leaders broke through:
Owning an issue
For the second year,
Answering key questions for audiences
Bank of America used a highly visible presence to showcase their role in the global economy, commitment to issues and access to high-profile, influential people. This year, their CEO was one of the five WEF co-chairs, which brought more media attention and mentions than past years, resulting in more awareness online. Throughout the week, the company released a series of videos that showcased the activities of their executives and connected audiences to important conversations taking place in Davos. They also solicited responses to understand what audiences were interested in hearing more about. BofA's programming answered key questions to clients on both sides of their business. Retail customers got detail about the meaning of the WEF and their bank's role, while current and potential clients of their corporate and investment bank saw that the bank has access to important influencers through live participation from academics, executives and thought leaders.
Going beyond the corporate brand
CNBC came to Davos with the goal of being more than just a broadcaster. It wanted to be a contributor to the conversation, and provide a place where people could experience the WEF without being inside the Congress Centre. CNBC created a space in a local chapel and called it the Sanctuary. There, over the course of the week, they held a series of panels and fireside chats featuring individuals like Matt Damon, Will.I.AM and leaders of companies like Citi, AB InBev and others. This space gave non-delegates in Davos an opportunity to engage in important conversations around topics like the economy and the future of work, while audiences outside of Davos were able to watch interesting dialogue in real-time on TV and online. Standing room only for most sessions, this effort served as the origin of a significant portion of the #WEF17 dialogue.
Keeping commitments top of mind
This year, for the first time, an organization came to the Davos digital table with a program aimed at publically reminding the important leaders in attendance that they are accountable to something larger. The UN Foundation used the #WEF17 as a platform to amplify the sustainable development goals set at its Climate Change Conference in Paris to be top-of-mind among the Davos audience. Each day, the group live-streamed a series of panels and discussions that mixed world leaders, academics and conversation. They used a secondary hashtag, #SDGLive, to broadcast the conversation beyond the WEF -- and to be used at future events. To further extend the reach, a number of UN leaders and panel participants continuously promoted their activities. This program was not only interesting, it was one of the most talked and tweeted about digital destinations of #WEF17.
This was my fourth time in Davos, and if there's one thing I've noticed it's that the digital dialogue has become competitive. Organizations and companies that normally stay quiet and use social media for business-as-usual leveraged #WEF17 as an opportunity to be seen on a global stage. They came to the table with smart strategies and interesting content that made the act of breaking though commonplace. Anyone who's ever been to Davos will tell you the day WEF ends, they're already thinking about the following year.