Entrepreneurialism and Society: Addressing the Broken Bond
by Prabhu Guptara

Posted on 1 CommentPosted in 8th Global Peter Drucker Forum

Entrepreneurialism and society need to relate wholesomely if either is to flourish. In reality, the relationship is broken, in at least three different ways.   First, most countries around the world are not committed to supporting entrepreneurship[i]. Such support requires alignment between politics, law, the monetary system, economics, education, finance, and the whole national culture. The USA, historically one of the friendliest to entrepreneurs, is rapidly becoming frostier for them[ii].  In many countries, entrepreneurs are regarded as a threat to the governing elite, being dispatched to prison if they are “too successful”.  In other countries, such as China, any entrepreneur has to toe the line of the ruling party.  Even then, an entrepreneur’s success may […]

Will Robots [i] save Humanity – or end up becoming Public Enemy Number one?
by Prabhu Guptara

Posted on 1 CommentPosted in 7th Global Peter Drucker Forum

Clearly, the answer depends on how well we manage their introduction and use.   But let’s start by reminding ourselves that robots are already found in every conceivable area of life – from what is domestic (mowing grass, cleaning swimming pools), through sports and entertainment (car racing, playing music, producing artistic material), to the care sector (medical operations, looking after the elderly) … all the way to the military (drones, robot soldiers, autonomous weapons).   Moreover, the exciting possibilities of a robot-driven future are equally clear: since the 1980s, Japan has had “dark factories” (fully automated, no humans on site) for electronic products. Since 2001, the Japanese company FANUC has been operating a dark factory […]