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The Question Looming at Apple: Who’s Next?

Jan 18, 2011

The Question Looming at Apple: Who’s Next?

With Apple Chief Executive Steve Jobs headed out again on medical leave and some speculating that he may not return—at least not in the same role—the world can’t help but wonder: What is the company’s succession plan? As we’ve noted, Peter Drucker had strong feelings on the subject of succession. A company’s “survival,” Drucker asserted in his 1946 book Concept of the Corporation, depends on its ability…

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On Getting Engaged

Jan 06, 2011

On Getting Engaged

“Engaged employees plan to stay for what they give; the disengaged stay for what they get.” So says a new report on employee engagement from the consulting firm BlessingWhite Inc. The trouble is, only 1 in 3 employees around the world are engaged, according to the study. And nearly 1 in 5 are actually disengaged. BlessingWhite defines full engagement as “an alignment of maximum job satisfaction…

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Any Questions?

Dec 23, 2010

Any Questions?

Last Sunday’s New York Times Magazine ran a terrific piece on how a cadre of “idea entrepreneurs” from Jump Associates, IDEO and other firms are helping companies learn how to think. A big part of the process, it turns out, is not providing answers. Rather, it is helping organizations figure out the questions they should be asking. “A consultant solves problems,” Vijay Govindarajan, a professor…

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God at Work

Dec 18, 2010

God at Work

In his latest column in Bloomberg Businessweek, Drucker Institute Executive Director Rick Wartzman explores the role of religion in the workplace. Peter Drucker asserted “that religion can have a positive influence on the world of work and, indeed, on the world at large,” Wartzman writes in the piece, titled “Drucker Does Spirituality.” He then quotes from Drucker’s 1957 book Landmarks of Tomorrow: “Mankind needs the return to spiritual…

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Regaining Your Virginity

Dec 17, 2010

Regaining Your Virginity

We went through a fascinating exercise this week at the Drucker Institute: figuring out what our “leemers” are. “When something unexpected happens, you’ll know it because you’ll feel surprised, puzzled, agitated, anxious, unsettled, frustrated, or even startled,” Karl Weick and Kathleen Sutcliffe write in their 2007 book Managing the Unexpected. “Aviators call these feelings leemers (probably from leery).” The leemer that’s left us most unsettled…

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Zuckerberg’s Mental Hardware

Dec 15, 2010

Zuckerberg’s Mental Hardware

In naming Facebook founder Mark Zuckerberg its Person of the Year, Time magazine pointed to the profound impact that his company now has. “In less than seven years, Zuckerberg wired together a twelfth of humanity into a single network, thereby creating a social entity almost twice as large as the U.S.,” Time noted. “If Facebook were a country it would be the third largest, behind…

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Guns and Gadgets

Dec 03, 2010

Guns and Gadgets

A conflict is erupting over “conflict minerals.” Large retailers such as Best Buy, Costco, Wal-Mart and Target are reportedly seeking to limit a requirement within this year’s Dodd-Frank financial law that may require them to report whether their store-brand products contain conflict minerals from Central Africa. The provision in the law is part of an effort to use corporate pressure to choke off illegal mining operations that…

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Japan’s Bestseller: Drucker and High School Baseball

Dec 01, 2010

Japan’s Bestseller: Drucker and High School Baseball

The number 1 selling book in Japan for all of 2010 is Natsumi Iwasaki‘s What If a Female Manager of a High School Baseball Team Read Drucker’s “Management”? The runaway success has sold more than 1.2 million copies in less than a year, beating out Haruki Murakami’s “1Q84” and a book on dieting. What do you think: Would young people benefit from learning Drucker’s management and leadership…

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Of Pyramids and Pancakes

Nov 24, 2010

Of Pyramids and Pancakes

At last week’s Global Drucker Forum in Vienna, Josephine Green – formerly the senior director of Trends and Strategy at Philips Design and currently a consultant at Beyond 20– argued that we are witnessing the “death of hierarchy.” The worldview reflected by the classic, Industrial Age, hierarchical pyramid with power concentrated at the top, according to Green, is “bankrupt.” “It made sense in one era,”…

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North Korea: ‘A Transnational Task’

Nov 23, 2010

North Korea: ‘A Transnational Task’

Following North Korea’s artillery attack on South Korea, the United States quickly vowed a “measured and unified” response with major world powers, including China. The message from the U.S. was, perhaps, a sign of the times. “We live in a networked world,” Anne-Marie Slaughter wrote last year in Foreign Affairs. “War is networked,” she continued. “Diplomacy is networked: managing international crises … requires mobilizing international…

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Do We Need to Reinvent Management?

Nov 18, 2010

Do We Need to Reinvent Management?

Quick, when was the following statement written—1954, 1973 or 2010? “The new model (of management) will have to . . . push power and decision-making down the organization as much as possible, rather than leave it concentrated at the top.” And what about this one? Was it 1949, 1985 or 2008? “We are dealing with decentralization carried a step further. . . . Such decentralization…

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Can Sony Get Its Mojo Back?

Nov 18, 2010

Can Sony Get Its Mojo Back?

Check out Drucker Institute executive director Rick Wartzman’s latest column for Bloomberg Businessweek. The column takes a look at Sony’s recent decision to stop production of the once ubiquitous Walkman and explores the company’s opportunities for reclaiming a prime position in the electronics market.

New from the Institute: The Second Global Peter Drucker Forum

Nov 18, 2010

New from the Institute: The Second Global Peter Drucker Forum

Today and tomorrow, the second global Peter Drucker Forum will convene in Vienna, Austria.  This forum marks the conclusion of a series of events related to the Drucker Centennial. This gathering also represents a starting point for exploring the challenges for management in the future.  Having paid tribute in Vienna last year to Peter F. Drucker, participants are now set to look forward–yet not without keeping…

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Leading Without Walls

Nov 08, 2010

Leading Without Walls

The Drucker Institute recently underwent a renovation to improve storage for the archives and to create a more functional work space for our growing staff. A partnership with Herman Miller — built on the friendship between Peter Drucker and former Herman Miller CEO Max DePree — provided the Institute an opportunity to examine our individual work styles and needs, to maximize flexibility for a multi-use…

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Nov 06, 2010

Tom Peters’ Keynote Speech at Drucker Day 2010

Watch renowned management and leadership consultant Tom Peters‘ keynote speech at Drucker Day 2010.  Peters’ presentation was part of the culminating events of the Drucker Centennial celebration commemorating the birth of Peter F. Drucker.

Divided We Stand?

Nov 04, 2010

Divided We Stand?

With a divided government now in Washington, it is going to take a blending of ideas from the Left and the Right to move policy forward over the next two years. Whether this can happen politically remains to be seen, but from a management standpoint, opposing perspectives offer potential for progress. Peter Drucker found inspiration in the clash of ideas. He wrote that “in an…

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If the Shoe Doesn’t Fit . . .

Nov 02, 2010

If the Shoe Doesn’t Fit . . .

Sunday’s New York Times contained a profile of Twitter co-founder Evan Williams under the intriguing headline “Why Twitter’s C.E.O. Demoted Himself.” Peter Drucker, for one, would have understood exactly why. The piece sprang off last month’s news that Williams was stepping down as the company’s chief and would hand the reins to Dick Costolo, who had been Twitter’s chief operating officer. “Mr. Williams . ….

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Churchill and Drucker: Alive and Well in the Twitterverse

Oct 27, 2010

Churchill and Drucker: Alive and Well in the Twitterverse

Winston Churchill‘s estate recently announced that the former British Prime Minster has joined Peter Drucker and millions of other tweeters on Twitter. Drucker Institute executive director Rick Wartzman‘s latest column for Bloomberg Businessweek launches off from that announcement to explore the link between Winston Churchill’s leadership style and Peter Drucker’s rules for being an effective executive.

“Chile! Chile! Chile!”

Oct 19, 2010

“Chile! Chile! Chile!”

Friends in Japan tell us that when the 33 Chilean miners were rescued last week, broadcaster NHK reported on its nighttime news that the foreman, Luis Urzúa, must have been a Peter Drucker fan because of the strength of his leadership during crisis. Actually, we aren’t really sure that Urzúa has read any Drucker. It seems that the NHK story may mostly be a reflection…

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