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Tupperware CEO on What's Missing from Davos

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    Tupperware CEO Rick Goings argues the agenda at Davos has become bloated.

  • Duration 6:29
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All right thousands of world leaders and CEOs gathered in Davos Switzerland for the World Economic Forum -- one of those CEOs whose been attending that particular form for ten years now says it's time to quote.

Out Davos this -- and is in Davos Switzerland with Tupperware chairman and CEO.

Rick Goings.

The -- that I was going to do with my next guest completely changed last night when I received an email CC to me from Rick Goings of Tupperware he's the chairman and CEO.

And he was angry he's been coming to Davos for ten years.

And here's a little upset right now about what Rick you know what -- interest to me because you said that you were not going to participate in what was going to -- a glossy video that was put together by the World Economic Forum about CEOs.

Why not -- my issue was you know every we have a slogan that every successful model works business model or otherwise.

Works it -- it doesn't.

Fifteen this years -- really about dynamism revitalization.

I really do think we're at that kind of appoint him.

In really jobless -- we've got a rethink what the agenda is here it's become.

Bloated.

We have too many of the panels are politicians.

Professor.

Is -- common mess.

And well meaning but I see very little come out of here.

These days that is actionable.

And so I mean I would lay it out like this what are we need to retain refine or radically Alter.

And you know I cut -- about it yesterday because I think it needs to be rethought what is missing from where you stand.

Well almost the format of how how we're doing it.

We set up an agenda for what it's to be about I think the agenda.

-- it was noble this year about revitalization.

But then all -- different kind of esoteric subjects they don't match.

We could really look at some.

Real case studies on revitalizing.

Companies.

To get commercial -- for a second.

You know well this was a company Tupperware Brands it's sixty years old had no reason to be in business.

But we -- -- ourselves we created.

Our ourselves all of company uses a loose collection of people.

And when you find out what -- you competitive advantage.

And you make those changes it's the same with the country look at.

Look at South Korea.

For example that devastated.

At the end of the Korean War.

Look at the Philippines.

The Philippines in 1938.

Was the wealthiest country in southeast Asia.

Look at it today it 110 to per capita income there are stories here at that need to get focused on.

And among them you talk abouts women and two point seven billion.

That's your workforce of direct sellers yes -- many of them are women many of them at least now 60% of your revenues come from emerging markets and we've had some.

Major stories of violence against women in these emerging nations.

You take issue with the World Economic Forum or wealth that they are not talking about that enough.

Let me stick up for.

-- first second.

They have made a huge effort to get women more involved you cannot -- delegation anymore unless at least the 20% of your members are going to be women that you bring along.

Is that -- start that needs to at least be applauded what -- -- -- and I know.

The into the women's initiative.

They've made inroads here they're used to be nothing with regard to women there's at least five programs going on the format now -- -- three of them are private.

And a couple of them are not in the -- congress senator moving in the right direction.

But I will tell yet at the core of so much of this run revitalization.

Of countries starts with women very -- thing.

We partnered with the global fairness initiative and -- We partner -- them in Mexico where we have 650000.

Women.

And they studied these -- it was one hour interviews what we've got back -- was dramatic it just came out number one.

-- changed her attitude being involved with -- us for three years to -- economic status she moved to middle class.

Three female violence he moved from anger to appreciation.

To -- supporting her.

That's happening and our businesses around the world.

That we need to talk about some of those things here.

You've been coming for ten years.

If they -- your invitation how would you feel about that I don't think they will but you know you might get the cold shoulder by speaking out.

I have lots of good things to work on and I and lots of places to put my time so be it.

I'd I'd be remiss if I didn't bring up quickly Herbalife and that the focus that people have on multi level marketing that's not what Tupperware does but.

Suddenly every article about Herbalife which is under attack from bill -- -- the hedge fund guys and it mentioned -- -- Tupperware is that fair.

Well no but he doesn't understand what we few weeks we we sell and -- money that's how our our our our women do it.

Those kinds of businesses are really soliciting people to save money and become users a product.

Direct selling those associations.

We didn't leave them they left us.

Stinging conversation I was Tupperware chairman and CEO Rick Goings speaking we have -- claim and and using the word to describe Davos right now is bloated.

Full of politicians and economists to obviously spouts off their opinions but is he was saying.

What really comes out of these forums what can we an actionable.

Our ideas can we use and I think he's not the first us news but abuse and to see what kind of reaction that gets.

-- think it's become so worldwide feed these days are we -- -- a lot of below beating from a lot of people -- not get a lot done.

And includes our own find congress.

Yes indeed capable of hitting asked are you don't -- miss cellist claimants interviews Nextel -- be talking to -- chairman and CEO mark but selenium polled Jacobs the chairman and CEO of Qualcomm you -- -- what they think of cells.

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