The future is hiding in plain sight
by Sebastian Woller

Posted on Leave a commentPosted in 11th Global Peter Drucker Forum

New technologies have radically transformed society, business and industries. Today, the world is much more adventuresome, connected, and disruptive than yesterday. As our world is reshaping and new ecosystems are emerging, education must adapt an active, new approach. Drucker Forum 2019 This article is one in the “shape the debate” series relating to the 11th Global Peter Drucker Forum, under the theme “The Power of Ecosystems” taking place on November 21 & 22, 2019 in Vienna, Austria. #GPDF19 #ecosystems Education can have a significant impact on developing an open mind and preparing us for the world of tomorrow. However, in the midst of technological and economic disruption, a too specialised degree or education can be […]

What does a leader look like in the business ecosystem era?
by Aura Rivero

Posted on 1 CommentPosted in 11th Global Peter Drucker Forum

As Richard Straub says in his Harvard Business Review article, the point of understanding value creation for business ecosystems is to have a broader perception of it. Although it is hardly news that companies are not stand alone organizations, technology’s effect on business networks and platforms has made operations more interconnected than ever, which has brought this interconnectedness into sharp focus. Drucker Forum 2019 This article is one in the “shape the debate” series relating to the 11th Global Peter Drucker Forum, under the theme “The Power of Ecosystems” taking place on November 21 & 22, 2019 in Vienna, Austria. #GPDF19 #ecosystems An effective leader must adopt the right competencies that allow the organization to […]

Bridging the Gap from Movements to Ecosystems
by Meg Seitz

Posted on Leave a commentPosted in 11th Global Peter Drucker Forum

I walked into last year’s Global Peter Drucker Forum thinking that movements are big, full expressions of just about anything – ideas, music, business, people. They’re rallies, crusades, forums. They tackle culture-shifting topics. They’re almost too big to grasp. After two days at the Forum, and as a panelist on the Final Fireworks session, I realized that as grandiose as movements can be, they’re really simple. They’re one person tuning in to a gut feeling – and taking the responsibility to do something about it. Flying out of Vienna, I felt naive. Like, I’d just expressed classic liberal arts graduate optimism. One person. Right. How. Drucker Forum 2019 This article is one in the “shape […]

Could partnering capability be the Achilles’ heel of ecosystems?
by Jan Twombly, CSAP and Jeff Shuman, CSAP, PhD

Posted on Leave a commentPosted in 11th Global Peter Drucker Forum

Partnering in the ecosystem era For any of the transformative effects of the Fourth Industrial Revolution to be fully realized, it will take an ecosystem of partners agilely working together in an orchestrated, yet open model. To add to the complexity, every customer scenario needs a different mix of partners, requiring stewardship of the ecosystem to have the partnerships to call upon when needed. Thus, technology and partnering in combination are today’s business imperative. Ecosystem partnering brings together multiple companies with different capabilities and resources, different business models, and increasingly, various industry orientations to provide a holistic “solution” for a use case or specific customer situation. Numerous partnering models and value propositions are possible. Drucker […]

Ecosystems: a new frontier for de-bureaucratization?
by Erhard Friedberg

Posted on 1 CommentPosted in 11th Global Peter Drucker Forum

Describing in his HBR article of May-June 1993 the challenges an ecological approach to business strategy brings with it, James Moore emphasized that we have to keep in mind that business ecosystems are not co-evolving organisms, but social systems the larger patterns of which are maintained by a complex network of choices made by real people with their bounded rationalities. The obvious implication of this remark is that when talking about ecosystems, we have to leave the lofty heights of strategy, targets, goals and corporate communication, to focus instead on what Philip Selznick has called the operative systems on which the functioning of ecosystems will depend. The view from the top argues that the functioning […]

Wading through the swamp: the radical power of ecosystems-as-processes
by David Hurst

Posted on Leave a commentPosted in 11th Global Peter Drucker Forum

The respected management scholar, Donald Schön, began his 1987 book, The Education of the Reflective Practitioner, as follows: “In the varied topography of professional practice, there is a high, hard ground overlooking a swamp. On the high ground, management problems lend themselves to solution through the application of research-based theory and technique. In the swampy lowland, messy confusing problems defy technical solution. The irony of this situation is that the problems of the high ground tend to be relatively unimportant to individuals or society at large, however great their technical interest might be, while in the swamp lie the issues of greatest human concern. The practitioner must choose. Shall he remain on the high ground […]

Incubating Entrepreneurialism
by Piero Formica & Nick Hixson

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

Defining the new entrepreneurship: how it’s different from the current one A gap between entrepreneurship and art has arisen over past industrial revolutions. New entrepreneurship aims to close the gap. It is imbued with entrepreneurialism, transplanting into the socio-economic sphere Brunelleschi’s Renaissance perspective in the art world. Current entrepreneurship is in the STEM field, following the Fordist production environment, characterised by the bureaucracy of the 20th century. Know How To Do now has to be Knowing How To Think, Imagine and Understand. This requires familiarity with the Arts. STEM changes to STEAM. In the new entrepreneurship mode, innovationists take over from incrementalists. Digitisation joins science and engineering with design and arts, enabling creativity in human-centred […]

Churchill didn’t work at McKinsey
by Sebastian Woller

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

One of the greatest statesmen of the 20th century was Sir Winston Churchill. As the Prime Minister of the United Kingdom, he helped to lead the world to victory during the Second World War. Churchill’s career was instructive. When he turned 25, he was elected to parliament and began his career as a statesman in the House of Commons. Despite an aristocratic background, lacking a prestigious list of backers to vouch for his talent, Churchill had to earn public recognition. As a leader, he possessed the necessary capability to inspire and empower other people. Today, thumbing through the pages of his books, I try to glean insight from both his decision-making skills and leadership qualities. Since Churchill, ideas about leadership have changed. Unlike in his day, social media plays a vital role in “proving” […]