Capitalism 2.0 Is Coming
by Marianne Abib-Pech

Posted on Leave a commentPosted in 4th Global Peter Drucker Forum

Vienna November 2012, Palace Ferstel, in the grand settings of the Palace, memories of Menger, Hayek, Freud and Kohr laced with Elizabeth Of Austria presence are lingering. Mitteleuropa no more…or actually more than ever? This is the gala dinner of the 4th Peter Drucker Forum, the Austrian- born writer, teacher and consultant, who was once tagged as “the Man who invented management.” He liked to call himself a “social ecologist” – i.e. someone who deals with the man-made social environment in which we operate.   For two days last week, an eclectic mix of close to three hundred corporate executive, entrepreneurs and prominent members of Academia from all over the world gathered at the heart […]

Peter Drucker Forum: Capitalism 2.0: new horizons for managers
by Vlatka Hlupic

Posted on Leave a commentPosted in 4th Global Peter Drucker Forum

Last week I attended the Fourth Global Peter Drucker Forum, an international management conference dedicated to promote the legacy of Peter Drucker, a management professor, consultant and the world’s best known writer on management. The theme for this Forum was “Capitalism 2.0: new horizons for managers”. More than 300 participants from more than 30 countries around the world, led by some of the leading management thinkers such as Lynda Gratton, Roger Martin and Tammy Erickson, debated the future of management and capitalism. Overall consensus was that the future of re-invented management is here, the paradigm shift is unstoppable and management revolution is gradually gaining a momentum.   There is a hope that we can get out […]

Capitalism 2.0 Grapples With Youth Unemployment
by Elizabeth Haas Edersheim

Posted on Leave a commentPosted in 4th Global Peter Drucker Forum

The Drucker Global Forum, held this month in Vienna, engaged more than three hundred people in envisioning Capitalism 2.0, redefining roles, responsibilities, and management to better address the 21st century. By the end, I felt more optimistic about business and social enterprises than I ever have.   We pondered the basic question that Peter Ducker often asked when he worked with managers: “What is needed?” And we took on the tougher question that Drucker used to close every conversation: “What are we going to do about it?”   What is needed?   No matter what their ages or backgrounds, participants agreed that the foremost challenge around the globe is youth unemployment.   Lynda Gratton  of the […]

“Capitalism 2.0 Leadership and Paradox Management”
Guest Blog Post by Stephen Rhinesmith

Posted on 10 CommentsPosted in 4th Global Peter Drucker Forum

The globalized world of 2012 is locked in a debate about the appropriate role of corporations. Should corporations continue to have as their primary purpose the maximization of “shareholder value,” (Capitalism 1.0) or should they also be concerned also about creating “shared value” for the societies in which they operate and the world as a whole? (Capitalism 2.0). Ultimately this is a paradox that leaders at all levels of society will need to be committed to recognize and manage.   The key aspect of a management paradox is that it contains two equally valid, but contradictory viewpoints which need to be managed over time so that neither one is totally neglected. Work-family balance is one […]