“People will remember three people in Poland’s recent history,” the CEO of Grupa Kety, Roman Przybylski told me at the Christmas gathering of the European Economic Congress (EEC) in Warsaw: John Paul II, Lech WaĹ‚Ä™sa, and Leszek Balcerowicz.
Two spiritual and political leaders; one economist—a trinity revealing the moral weight economic transformation can demand.[…]
The day before the 2025 Global Peter Drucker Forum officially began, I welcomed a small group to Peter Drucker’s family villa in Vienna. We gathered to discuss Joseph Schumpeter’s century-old insights about “creative destruction” and “intelligent monopolies,” ideas that introduced dynamics into the Austrian School’s closed economic system. The setting carried symbolic weight: discussing disruption in the very space where foundational management thinking took shape.[…]
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Management practices should not be judged against rigid standards but guided through thoughtful reflection. Having recently explored this concept in my November 2024 article “The Next Management: Leading with the Long View,” [link], I want to share how this framework is evolving as a reflective tool rather than a prescriptive model—and how the Drucker Forum community is collectively advancing this work.[…]
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The Evolution of Management Success
Management innovation has been a key driver of human progress. Over decades, organizations have successfully adapted their practices to meet emerging challenges, creating unprecedented prosperity and advancement. While many organizations continue to operate with industrial-era practices focused on hierarchical control and short-term financial metrics, pioneering institutions are demonstrating that a different approach is not only possible but delivers superior results.[…]
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The debate about ChatGPT has swept across the world like a storm, with hundreds of millions of users overwhelming OpenAI’s servers. Many people are both terrified and wowed by the new artificial intelligence (AI) tools, which seem to shake the very foundation of many sectors that were thought to be the last to be automated. Sectors such as education, art and design, and many others that rely on human creativity, critical thinking, and communication, are all being impacted by these tools.[…]
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Managers often use their strong analytical orientation to make sense of increasingly diverse “big data” to better grasp and envision
Continue readingIt used to be that a university degree certified that you had enough knowledge to last a lifetime. An occasional
Continue readingEconomist Willian Foster Lloyd described the notion of “commons” in 1833 in reference to the open pastures being damaged by
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