Global Lighthouse Network

The Global lighthouse Network was initiated by which international economic organization?

Answer: World Economic Forum (WEF).

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About Global Lighthouse Network:

• The Global Lighthouse Network is a World Economic Forum initiative co-founded with McKinsey.
• It examines the future of operations and considers how Fourth Industrial Revolution (4IR) technologies shape the production.
• It sets stage for future with use of digital and analytics tools across the value chain to drive growth and productivity, improve resilience, and deliver environmental sustainability.
• A community of over 100 manufacturers that show leadership in applying 4IR technologies such as:
  • Artificial iantelligence
  • 3D-printing
  • Big data analytics
  • Machine learning
  • Robotics
  • The industrial internet of things
• The network creates opportunities for cross-company learning and collaboration by boosting productivity, sustainability, and resilient supply chains.

About World Economic Forum (WEF):

• WEF is an independent, international organization that brings together political, business, academic, and other leaders to discuss issues that impact the global economy.
• Mission: To engage business, political, academic and other leaders of society to shape global, regional and industry agendas.
• Headquarters: Canton of Geneva, Switzerland.
• Major reports released: Global Gender Gap Report, Global Risks Report, Future of Jobs Report, Energy Transitions Report etc.