With 260 sessions, debates and briefings at the World Economic Forum Annual Meeting 2012, this year’s theme -The Great Transformation: Shaping New Models- reflects the need for a profound overhaul in the face of a fraying global system and lingering economic malaise.

Federal Chancellor of Germany Angela Merkel opened the event in Davos with emphasizing the urge for Europe to regain global trust and compete effectively on the world stage by reduce state debt and creating harmoniously functioning political structures. As she stated: “What we don’t want is that we promise something that we can’t deliver”. If there’s one word that sums up the mood at the WEF this week, it’s uncertainty.

In below video Accenture Executive Chairman ‘William D. Green’ discussed insights from several panel discussions on how technology drives growth and opportunity and on the importance of building talent and competitiveness.

Growth in Emerging Markets
One of the most discussed topics this year was the search for growth in emerging high-growth markets. The search for growth opportunities in emerging economies is no longer a matter of choice; it has become a necessity. In the current global economic environment many companies are renewing their interest in emerging economies as a springboard for their next phase of growth. The landscape of high growth consumer markets is changing fast. Household incomes in emerging economies will jump by more than US$8.5 trillion between 2010 and 2020—nearly 60 percent of the global increase over this period. As these incomes grow, so will consumption and demand.

During the event Accenture published it’s new research Fast forward to Growth involving the opinions of almost 600 executives from both emerging and mature economies. This research shows that although the vast majority of business leaders are focused on emerging markets to provide growth, forty percent of executives are not confident that their organizations possess the capabilities to fully grasp opportunities in emerging economies or believe their companies must accelerate their efforts to build share in these markets.

For the past 16 years, Accenture has worked closely with the World Economic Forum and the other strategic partner organizations to advance the Forum’s goal of driving positive change and improving the state of the world. Please visit Accenture Davos 2012: The Inside Story for more researches published during Davos 2012.