A Radical Suggestion For The Drucker Forum 2017: Implement Peter Drucker! (Part 1)
by Steve Denning

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            “The future is already here. It’s just very unevenly distributed.” —William Gibson The world’s leading management conference—the Global Peter Drucker Forum—will gather in Vienna next month (November 16-17, 2017) for its annual get-together. Once again, a star-studded cast of eminent speakers will discuss a set of big issues, including: what will it take to achieve global broad-based prosperity in a volatile, uncertain, complex and ambiguous world? Although an array of bold new ideas will, as in previous years, be canvassed, perhaps the most important suggestion for the Forum to consider is something simpler: why not get on with the implementation of the ideas already laid out by Peter Drucker […]

How business can earn society’s trust
by Paul Lewis

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Untrustworthy companies should focus on putting their own house in order before considering their wider role in society. Trust in business has apparently plummeted, with high executive pay and allegations of tax evasion among the more egregious causes, according to a Financial Times | IE Business School Corporate Learning Alliance panel discussion about trust in business. Trust in institutions often seems like a fuzzy concept. But without it, the complex system of co-operation that underpins growth and prosperity collapses. Untrustworthy banks deter savings and investment. When officials are suspected of feathering their nests, citizens stop paying their taxes. If the finance ministry prints too much money (itself a measure of trust) the currency is devalued. It takes decades or […]

A Recipe for Authentic Leadership to Boost Innovation
by Guillaume Alvarez

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The new CEO of a global consulting firm wanted to connect with his people, share his vision and communicate a desired culture. With the best of intentions, he sent out a monthly newsletter. After a while, he discovered 90 percent of people never opened it. In the age of information, words, which leaders so often rely upon to lead, lack impact. Large organizations are struggling to grow, racing to disrupt before being disrupted and eagerly seeking new ideas, yet, they are often rudderless when it comes to communicating direction and empowering people. This is lending to the erosion of trust — exactly what’s needed to encourage the risk-taking required for innovation. LACK OF LOYALTY A […]

Transformation from the top? How about engagement on the ground?
by Henry Mintzberg

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The company has a new chief, with 100 days to show the stock market some quick wins. Not the usual wins: transformation is the game. Hurry up and reinvent the whole company. But where to begin? That’s easy: at the “top”. Where else when there’s such pressure. Besides, any chief who has been to a business school or reads the business press knows that it’s all about leadership: the boss who does the thinking that drives everyone else. Louis XIV said “L’état, c’est moi!” Today’s corporate CEO says “The enterprise, that’s me!” John Kotter has written the widespread word on transformation, at the Harvard Business School, where so many of the cases are about the chief.  Here is […]

Include Me Out
by Joseph Pistrui

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In the 1930s, a group of Hollywood executives tried to entice Samuel Goldwyn to join them in a project. Upon reflection, Goldwyn declined, saying, “Include me out.” Today, too many people are saying the same thing when it comes to solving the world’s problems. While some level of progress around the world is undeniable, the challenges facing the world today are unparalleled. If you can, set aside momentarily the flagrant terrorism and threats of war. Focus for a second on the daily upheaval that is only sure to grow as today’s workplace (built on a 19th century manufacturing model) is supplanted by a workplace built on 21st century digital platforms, more automated and robotic than […]

GPDF17 GROWTH AND INCLUSIVE PROSPERITY
by Mark Beliczky

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While the world has experienced an unprecedented period of economic growth for the past fifty years (positive annual GDP growth in 54 of 55 years since 1961), the global economic growth rate in terms of GDP and measured in decades is 31% lower today than it was in the 60’s. Also, it is important to note that the world GDP per capita has also declined 37% since the highs of 1960s. The challenge for business leaders in today’s slower/slowing growth period is to find ways to reverse the trend and to shift and propel their organization into growth mode. The growth engine can be stimulated and energized, not with real capital, but with a greater […]

Combating Transhumanism
by Sarah Spiekermann

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Inclusive prosperity builds on a positive and benevolent idea of man. But do we really uphold such a good-natured way of thinking about mankind if transhumanism paves its way into the elites? In June the Swiss Daily “Neue Züricher Zeitung” (NZZ) published the Anti-Transhumanist Manifesto that I completed together with a number of colleagues holding professorships in such diverse academic disciplines as psychology, business informatics, philosophy, architecture and theology. My stance has been supported from around the world for bringing the topic to the fore: that a select group of positivistic scientists are promoting an idea of man that is not only false, but also incredibly dangerous in times of accelerating technological advance.   What […]

Purpose Parasites
by Kenneth Mikkelsen

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A company has to be something. It has to matter. In a connected, network era, leadership is exerted in a 360-degree social, global and ethical context. Increasingly, companies are asked to take a stand to stay relevant and trustworthy in the eyes of its stakeholders. This involves engaging in a larger conversation about why it exists and how it affects people’s lives and society at large. There is a growing focus on purpose in organisations. More and more companies say they are trying to change the world for the better. It has become somewhat fashionable for leading organisations to blow their own trumpets and wave purpose flags from their glass and steel buildings. One session at this year’s World […]