Want to scale? Don’t copy the big companies
by Nick Hixson

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

Why does it seem that the big corporations always get away with it? How do they sleep at night, given some of the missteps causing such problems to the rest of us? Not our problem It seems like it’s no-one’s problem, always somewhere to pass it up/along/down the line so there’s no individual responsibility. Hence no action until a customer gets a real problem. The latest example is BMW’s delay in making a product recall on some of its cars, although knowing the electrical system could completely fail at any time. Someone has now died, and while the problem was identified by BMW (and the UK’s Driver and Vehicle Safety Agency) no-one took action. Reports […]

Peter Drucker’s view on Project Management – Interview with Richard Straub, founder of the Global Peter Drucker Forum
by Antonio Nieto-Rodriguez

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

Peter Drucker was fully aware of the importance of disciplined planning and execution – hence his famous quote: “Plans are just good intentions unless they immediately degenerate into hard work”. He saw the need to tightly integrate the ideas and the plans for execution in the strategy process itself. <<< This article was part of the ANR Newsletter series>> Several years ago I had the pleasure of meeting Richard Straub over a long breakfast in Brussels. Richard is the founder of the non-profit Peter Drucker Society Europe after a 32-year career at IBM. he is keeping Drucker’s legacy alive through the Global Peter Drucker Forum, which has its tenth year anniversary in November this year. Peter Drucker (1909-2005), […]

Socially Responsible Business Can Only Succeed If It Becomes a Movement
by Richard Straub

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

What does it take to cause something big about a community to change — something that no one individually has much power over, even something as big as a prevailing mindset? We know what it takes: a social movement. And social movements aren’t only the domain of community organizers and college students. Business people can set them in motion, too, as we are seeing right now. Currently gaining force is a movement to focus for-profit enterprises more on the essential work of enriching societies — that is, benefiting not only those humans who are their owners as publicly traded companies but also those who work in them and who stand to benefit from more purpose-driven […]

The Digital Factory: Recombining Hand and Head
by Piero Formica

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

#Cloud computing, e-commerce, the mobile internet, artificial intelligence, machine learning, and the Internet of Things trigger changes in business models and blur the boundaries of industries. Genomics, nanotechnology and robotics question what is ideally described as the scientific method. The human being is subjected to upheavals of such magnitude in his double profile of man who makes and man who thinks. The first, the Homo laborans, questions the ‘how’ the mutations happen; the second, the Homo faber, the ‘why’. Are the two personalities compatible? Do the ‘how’ of making new things efficiently and the ‘why’ of ‘making thinking’ to transform the reality coexist in the same person? Two diametrically opposed scenarios are posed by such […]

Humans in Control
by Ricardo Viana Vargas

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

Barely a day goes by without some new claim made on behalf of smart machines. Artificial Intelligence (AI) and machine learning are already changing our lives. In future they will automate many of our everyday tasks – from driverless cars to shopping drones. We take for granted many of these technological advances. We barely raise an eyebrow, for example, when our favorite stores target us with offers that seem almost telepathic in their accuracy, using matching techniques that rely on machine learning. The World Economic Forum (WEF) has named this era “the 4th Industrial Revolution” because many of the technologies available today (virtual reality, augmented reality, 3D printing, robotics, blockchain, to name a few) represent […]

Re-Humanising Work and Organizations Through Projects
by Antonio Nieto-Rodriguez

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

“The purpose of an organization is to enable ordinary human beings to do extraordinary things”, Peter Drucker Work has always been considered an essential part of being human: a means of providing for food, clothes, and shelter. In the wake of the social turmoil and rising unemployment which led to the February Revolution of 1848 in France, the French socialist leader Louis Blanc argued that human beings have “the right to work”, or engage in productive employment, and may not be prevented from doing so. The right to work was later safeguarded in the Universal Declaration of Human Rights by the United Nations General Assembly and recognized in international human rights law through its inclusion […]

Why the digital revolution and disruptive ecosystems will push us to leverage our humanity
by Michael G Jacobides

Posted on 3 CommentsPosted in 10th Global Peter Drucker Forum

While much of the excitement in the business press considers the recent changes brought about by the digital revolution, what we’re really witnessing is the final act of a step change in how our economy can be organized. Guilds, exclusionary principles (even castes!) and stable industry definitions, which for centuries were the foundation of economic organization, have gradually given way to new, flexible ways of organizing. Technology has allowed people with cars and smartphones, mediated by the likes of Uber, to challenge taxis’ monopoly. Growth in “mobility services” has put a doubt over car ownership, and automobile OEMs have started to re-define themselves. Financial services are being transformed by fintech, and the adventuresome regulatory environment […]

It’s not Cambridge Analytica, it’s Humans traded on Personal Data Markets
by Sarah Spiekermann

Posted on Leave a commentPosted in 10th Global Peter Drucker Forum

Discussions about Cambridge Analytica and Facebook’s alleged involvement in election manipulation are all around us. But the two companies are not the core of the problem. Ever since the World Economic Forum started to discuss personal data as a new asset class in 2011, personal data markets have thrived on the idea that this might be the “new oil”of the digital economy as well as – it seems – politics. Indeed upwards of a thousand companies are now involved in a digital information value chain that harvests data from any activity we do online. It is not just Facebook and Google, Apple or Amazon that harvest our data for any purpose one might think of. […]