The 6th Global Drucker Forum ended on November 14 with a series of comments and calls to action from the major speakers involved. The last of these was HBS professor Clay Christensen, who called for more cooperation and harmonizing of language among management experts. He illustrated the kind of cooperation he was talking about with a story about Florida governor Jeb Bush and how he had shared slides from a presentation on the topic of child-centred education and the reform of the American education system. Forbes columnist Steve Denning quoted

It has been 60 years since Peter Drucker pointed out to the management world an importance of inner human world and its impact on prosperous organization functioning. Today, managers are finally embracing his words and are starting to “lead not only through knowledge, competence and skill but through vision, courage, responsibility, and integrity.” However, in order to fully reap the benefits of this ethos, it is important to approach it holistically, as Peter Drucker would and did.   Human essence, as I shall refer to the question of what makes

Author Jørn B. Andersen, European Director, Clareo and Advisory Board Member Kellogg Innovation Network   The theory of the firm was one of Peter Drucker’s great insights about how to analyse and understand why once great companies and organisations decline or develop themselves into oblivion. The central challenge for all organisations including government is ’What to do’. The root cause of every organization’s crisis is not necessarily that things are done poorly. The problem is that things done become fruitless. The reason for this is that the assumptions upon which

“Every few hundred years throughout Western history, a sharp transformation has occurred”, Peter Drucker wrote ( in 1992. Today’s great transformation is being driven by digital technology. We are on the verge of a new epoch of smart computers that MIT’s Andrew McAfee and Erik Brynjolffsen describe as the “Second Machine Age”. Drucker himself imagined this revolution as “the shift to a knowledge society.” But it’s actually an information technology revolution – the artificially intelligent new world of the Internet of Things, self-driving cars and IBM’s Watson.   So how

Short Bio: In his 32 years with IBM Dr. Richard Straub has held key international executive functions such as Deputy General Manager for PC Europe and Global Chief Learning Officer. Since . 2006 he has started a new career working with non-profit organizations – as part time executive and as social entrepreneur. He is currently executive committee member at the European Foundation for Management Development (EFMD) and Secretary General of the European Learning Industry Group (ELIG). In addition he retained a strategic advisory role for the IBM Global Education Industry.

This document was produced as an input to the European Commission (via the European Internet Foundation) to suggest a review and renewal of policies in the field of digital technology and digital media. It is a contribution to a discussion at a European level, and readers are invited to provide their comments on those subjects that they consider as important for shaping the future of Europe.   Technology Centric World View   When it comes to the discussion of our digital future the world-view of the European Commission is too

Most everyone now has heard one of the hottest terms today—big data. Big data is a big deal, especially in such data-intensive industries as cybersecurity, finance, healthcare, marketing, transportation, energy, and others. And, many of us are already familiar with the 3V’s of big data-volume, velocity, and variety of data. But, the key question is, “How do we extract big knowledge from big data?”   The answer to this question is partly through analytics, which is also a growing field within various sectors. Some people look at data analytics, in

The devastating effects of overblown short-termism and profit maximization are increasingly recognized as key issues for our societies at large and their importance and urgency is felt by all stakeholders. There is a fundamental issue though – most commentators and experts would strongly agree on the diagnosis, but nobody has yet come up with a viable alternative model that would be broadly accepted.   The agency theory (as conceived by Jensen and Mecking) that spawned the shareholder value model conveys the illusion of a scientific type of approach; it provides

This is the full text of the opening keynote by Prof. Helga Nowotny at the 5th Global Peter Drucker Forum.   1.   The embarrassment of complexity begins when we realize that old structures are no longer adequate and the new ones are not yet in place. Currently we are in a transition phase. The old never yields to the new in one precise moment in time and this is what makes transition phases exciting, risky – and sometimes embarrassing.   The sheer multiplication of networks of various kinds and

 I am honoured to have been invited to address this opening session. The subject that you are going to discuss during the next two days is not an easy one and the Organisers are to be complimented that they have succeeded in putting a program together that has attracted so many participants from different walks of life and of such diverse experience. Such a varied group of participants should help to ensure that at the end of the conference we will know what we are really talking about and what