The Conference Board, Inc. is a
non-profit global
business organization supported by
business executives that holds conferences, convenes executives and
conducts business management research. It holds 501(c)(3)
tax-exempt status in the United States. It connects more than 1600
corporations in nearly 60 nations, its worldwide conferences
attracting more than 12,000 senior executives each year. These
conferences bring together authorities on a wide variety of
economic and management issues. More than 150 chief executive
officers address Conference Board events each year. Conference
Board meetings have been independently rated as one of America’s
top speaking platforms. The Conference Board also sponsors and
manages more than 100 worldwide management councils, attracting
senior executives from virtually every business discipline.
The main
offices of the Conference Board are on Third Avenue in New York City
. The Conference Board also operates offices in
Brussels
and Hong Kong
. A similar but separate organization exists in
Canada
, the Conference Board of
Canada.
Jon Spector is the current Chief Executive Officer, and
Gail Fosler is the current President of The
Conference Board. On April 1, 2008, Bart van Ark was appointed as
the first non-U.S. Chief Economist in the organization's 92-year
history.
The Conference Board's
Board of Trustees includes prominent chief executives
who lead global corporations. About half of these business leaders
are based outside the U.S.
History
The organization was founded in 1916 as the National Industrial
Conference Board.
It grew from a 1915 meeting at the Yama Farms Inn in New York
consisting of presidents of 12 major corporations and six of the
foremost industry associations. The gathering included
Frederick P. Fish,
Frank
A. Vanderlip and
Magnus W. Alexander, who would become the
organization’s chairman and executive secretary. The purpose of the
meeting was to discuss
the causes of the increasing strife between employers
and their employees and the effect of the rapidly multiplying
amount of restrictive labor and social legislation on the conduct
of business . . . in order that a proper course of future action
might be determined upon, alike beneficial to employers and
employees and subservient to the welfare of the
nation.
Mission
Its current mission states:
The Conference Board creates and disseminates knowledge
about management and the marketplace to help businesses strengthen
their performance and better serve society. Working as a global,
independent membership organization in the public interest, we
conduct research, convene conferences, make forecasts, assess
trends, publish information and analysis, and bring executives
together to learn from one another.
Products and services
The organization produces Leading Economic Indicators for
the United States, the United Kingdom, France, Germany, Spain,
Japan, Korea, Mexico and Australia. It also produces the Consumer Confidence Index, the
Consumer Internet Barometer, the CEO Confidence index, the Help Wanted Advertising Index,, and other major
indicators that have an impact on both business and the financial
markets. It also produces a definitive source of information about
worldwide institutional investment trends and is a leading source
of knowledge about corporate
governance, corporate performance, business ethics, corporate security,
human resources
management and global corporate
citizenship. The Conference Board also publishes a magazine of
ideas and opinion, which was called Across
the Board from 1976 to 2006 and The Conference
Board Review henceforth.
From the year 2002 to 2003, The Conference Board's Commission on Public Trust and Private
Enterprise—which included 12 prominent leaders from business
and other sectors of society—issued a wide-ranging series of
recommendations to help restore public trust in companies, their
leaders and the capital markets. Many of these recommendations have
been adopted.
The Conference Board sponsors and manages the Ron Brown Award, the only Presidential Award
honoring outstanding corporate citizenship, in
White House ceremonies each year.
External links
References