Global Leadership Summit On Philanthropy, Enterprise, and Poverty Alleviation Lyford Cay Club Nassau, Bahamas December 9th –11th, 2005 ___________________________________________________________________________________ The Challenge: The broad purpose of this gathering is to bring dynamic entrepreneurial leaders together to learn from one another. The specific focus for our gathering is enterprise-based solutions to poverty. We also will engage the challenge of advancing innovations in philanthropy utilizing entrepreneurial strategies, methods and institutions. Mass poverty remains one of the greatest scandals of our world. It allows millions do die for reasons easily remedied within the wealthier world. It is an affront to human dignity, a catalyst for disease and war, a persistent destabilizing threat the global economy, and a key ingredient facilitating ethnopolitical conflicts everywhere. Great concern and vast resources have been outpoured to “solve global poverty” over many decades. Yet, especially in Africa, the past four decades have seen a worsening of the situation. In comparison, the situation in some parts of Asia has been relatively bright. In the “Tiger economies,” economic growth has lifted hundreds of millions of formerly impoverished persons into relative affluence. A lesson of this well-documented success is that whenever business cultures can grow and flourish, mass poverty flees. A potent counter-lesson is that efforts to promote “development” via well-intentioned Aid schemes mostly do not work. Well-intentioned international aid in many cases may have contributed to the entrenchment of poverty. Aid has strengthened dictatorial regimes and padded Swiss bank accounts. Viewing such failures, many have begun to recognize that competitive enterprise, economic freedom, and the culture of innovation are the most practical large-scale well-demonstrated engines for solving mass poverty. Yet entrepreneurial cultures often are strangled in so-called failed states where, in many situations, charitable aid remains the most directly feasible option. What can be done in the context of this dilemma? The challenge of the 2005 Global Leadership Summit is to discuss most strategic ways of harnessing the power of enterprise and the resources of the philanthropic sector, to engender wealth creation by and for the poor. Private initiatives, often developed on small scales and involving dynamic entrepreneurs, offer valuable insights for the future. Each invited leader will bring a wealth of experience and “vision capital” to the table. This will allow us to consider a “what works” agenda based on real practical expertise around the table. Key Questions: The 2005 Summit seeks to address the following key questions: How can philanthropy accelerate the growth of wealth-creating cultures that benefit the poor? What types of program and what specific points of strategic investment are most promising? How can private sector philanthropy inform public policy so that decision makers do not continue the irony of well-intentioned harm? How can new technologies benefit primary education in the developing world by transferring vision and practical information on how to be an entrepreneur? How can philanthropists act wisely in the context of “failed states” where the rule-oflaw does not exist and where endemic corruption makes it difficult for enterprise to flourish? How can philanthropy leverage links between certain key spiritual and cultural outlooks and culture transformation towards entrepreneurial wealth creation? Summit Agenda Friday, December 9, 2005 4:00 p.m. Arrival/Registration at The Lyford Cay Club 6:30 p.m. Opening Reception – The Main Lounge 7:00 p.m. Dinner – The Main Dining Room 8:30 p.m. Dinner Talk: Free Enterprise and DevelopmentA Landscape of Opportunity Speaker: Paul Wolfowitz 10:00 p.m. After-Dinner Drinks Saturday, December 10, 2005 7:45 a.m. Breakfast – The Atrium Opening Remarks: Sir John Templeton 8:30 a.m. Roundtables Begin Theme I: What is working 8:30 a.m. Entrepreneurial Private Sector Education in the Developing World Introduced by James Tooley Lead Discussants: Stephanie Bell-Rose, Carl Schramm, Jeff Sandefer, etc. 9:30 a.m. Venture-Capital Approaches to Philanthropy Introduced by Kim Tan Lead Discussants: David Kyle, Ken Eldred, Steve Beck, Richard Heckman, etc. 10:30 a.m. Break 11:00 a.m. Micro-enterprise Solutions to Poverty Introduced by Michael Chu Lead Discussants: Kurt Hoffman, Michael Murray, etc. 12:00 p.m. Buffet Lunch – The Beach Restaurant 1:15 p.m. – 3:00 p.m. Afternoon Recreation 3:00 a.m. Roundtables Resume Theme II: Pathways Forward 3:00 p.m. Cultural Transformation for Competition Introduced by Michael Fairbanks Lead Discussants: Paul Wolfowitz, Daniel Little, Jeff Sandefer, Gurcharan Das, etc. 3:45 p.m. The Geneva Global Model Introduced by Steve Beck Lead Discussants: Charles Harper, Dennis Whittle, etc. 4:30 p.m. Advancing Frontiers in Free Enterprise Innovation Introduced by Charles Harper and Gurcharan Das Lead Discussants: JB Fuqua, Randy Kritkausky, Marc Manashil, etc. 6:30 p.m. Cocktails – The Fort 7:00 p.m. Dinner and Discussion 10:00 p.m. After-Dinner Gathering Sunday, December 11, 2005 7:30 a.m. Breakfast – The Atrium 8:30 a.m.- Noon Recreation and/or Adjournment Current Attendees: Paul Wolfowitz (scheduled but not confirmed) James Tooley Steve Beck Michael Chu Kurt Hoffman Gurchuran Das (verbal only) Ken Eldred JB Fuqua Charles Maynes Maya Ajmera Peter Hero Randy Kritkausky David Kyle Daniel Little Edward Luttwak Mark Ross Manashil Michael Pattison Dennis Whittle Invited but No RSVP: Kim Tan Need to Be Invited: Charles Glenn Michael Fairbanks Maria Otero Michael Milken Mike Murry The Premji Foundation Stephanie Bell-Rose Carl Schram Uday Khemka Jeff Sandefer (Acton MBA) H. Wayne Huizenga (Miami Dolphins, Blockbuster, Waste Management) Richard J. Heckmann (US Filter, K2) Paul Merage (Hot Pockets – brother David) Declined: Jeff Skoll Michael Dell Richard Luftglass Narayana Murthy Ted Yost