Do you take the blue pill or the red pill?
by Kenneth Mikkelsen

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The challenges that leaders and organizations face today are interconnected. They are not a set of problems. It is a system of economic, technological, societal and cultural challenges – all conjoined and hence complex. As a result, it is time to view surprises as the new normal, and steady state as the exception. The difference over the past decade is the increasing speed with which leaders need to address multiple challenges – often simultaneously.   The major transformational shifts that we face in terms of a growing world population, changing demographics in developed/developing countries, globalization, growing inequality, digitalization, The Internet of Things, 3D-printing, the rise of machines and automation of jobs, big data, radical transparency […]

Human Essence as a Key to Prosperity. Part II of II.
Ellina Watanabe

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Following the discussion of what constitutes human essence-based management in Part 1, this piece will explore the link between new management and prosperity. To start off with another Peter Drucker’s lesson, social relevance comes first and the goal of every organization lies outside itself. If we hold Drucker’s words as ground zero, how relevant are current business practices to the society? Does acting on reason actually make for a good reason?   With business and society merging, it is important for managers to go beyond numbers into rich, deep, and substantive understanding of society and its needs. “Aside from basic survival, the pursuit of happiness is arguably one of the most fundamental concerns of every […]

Opportunity missed? People should be valued for their own sake, not just as assets
by Nick Hixson

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I listened and spoke to a lot of the leading management thinkers in the world at the Drucker Forum. Everybody is pretty much in agreement that we need to sort out our economies and to do that we need to have meaningful work to enable everybody’s full potential and capacity to be realised for their individual good as well as their employers, the economy and society generally. As always with this high-level thinking, there’s plenty of good research and evidence to support it, and some examples in real life companies, and that number of companies is growing. I had some input into one of the Creative Economy posts published on the Forbes website presented at […]

Where is management heading? Reflections from the Global Drucker Forum 2014.
by Xavier Marcet

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The Global Drucker Forum of Vienna has become a major international convention for management and covers some of the main references of global management meetings. Held in memory of Peter Drucker it pays tribute to his inspiration. The alliance of the Forum with the Harvard Business Review guarantees global impact. Also, there was presence of prominent personalities from The Financial Times, The Economist and the BBC. Drucker defined modern management from a very humanistic perspective which continues to inspire the event in an extraordinary way, bringing together the best in the world to discuss the future of management with the ability to make changes. These notes on the contents of the Global Drucker Forum were […]

Think more deeply, act more persuasively
by Professor Vlatka Hlupic

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Just over two years ago Rick Wartzman noted in a Drucker Society Europe blog the numerous initiatives in recent years based around the evidence showing that a humane and thoughtful approach to leadership and management is actually better for corporate performance than more exploitative or short-termist approaches. Appreciative Inquiry, Conscious Capitalism and Shared Value, among others, all received a mention.   Though he approved of all these developments, he struck a cautionary note:   “Does this flurry of activity add up to more than a bunch of scattered conferences and white papers? Are we actually witnessing the beginnings of a social movement?”   This raises a challenge for those of us who write about the […]

The Great Transformation of the Organization Needs the How
by Dan Pontefract

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This blog was originaly published on the HuffPost blog.   Billed as “The Great Transformation”, its work was cut out for itself from the moment you could register online. A conference paying homage to the brilliance of Peter Drucker has now become an annual calendar fixture not to be missed. The 6th iteration of the Global Peter Drucker Forum — recently held in Vienna, naturally — has arguably become the TED or Davos of all leadership conferences. But could we shift into an era of “managing our way to prosperity,” as the conference sub-title suggested?   Could we achieve “The Great Transformation”?   Richard Straub, the Forum’s chief architect, asked a rhetorical question in his […]

Post-Rational Management? Reflections on the Global Drucker Forum 2014
by David Hurst

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The 6th Global Drucker Forum ended on November 14 with a series of comments and calls to action from the major speakers involved. The last of these was HBS professor Clay Christensen, who called for more cooperation and harmonizing of language among management experts. He illustrated the kind of cooperation he was talking about with a story about Florida governor Jeb Bush and how he had shared slides from a presentation on the topic of child-centred education and the reform of the American education system. Forbes columnist Steve Denning quoted Christensen’s story in full and suggested that this is the way the management field should be headed. I didn’t agree and responded to his column. […]

Human Essence as a Key to Prosperity. Part I of II.
by Ellina Watanabe

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It has been 60 years since Peter Drucker pointed out to the management world an importance of inner human world and its impact on prosperous organization functioning. Today, managers are finally embracing his words and are starting to “lead not only through knowledge, competence and skill but through vision, courage, responsibility, and integrity.” However, in order to fully reap the benefits of this ethos, it is important to approach it holistically, as Peter Drucker would and did.   Human essence, as I shall refer to the question of what makes us who we are, is often and conveniently diminished to human character, aptitudes, and virtues. Largely speaking, to intellect, knowledge, and reason. If managers adopt […]