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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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Bye-Bye, Boss

Dec 30, 2010

Bye-Bye, Boss

A survey by the job-placement firm Manpower Inc. has found that 84% of workers say they plan to look for a new job in 2011. That’s up from 60% last year. Douglas Matthews, president of Right Management, a division of Manpower, termed the results “a wake-up call to management.” “This finding is more about employee dissatisfaction and discontent than projected turnover,” he said. Job satisfaction…

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A Woman’s World

Dec 24, 2010

A Woman’s World

The basic task of management, Peter Drucker once wrote, is “to make people capable of joint performance.” Now, a report published in the journal Science has provided some interesting insights into how to do that more effectively. The study, titled “Evidence for a Collective Intelligence Factor in the Performance of Human Groups,” shows that teams of people display a collective intelligence that has surprisingly little…

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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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Drucker and the Tax Deal

Dec 10, 2010

Drucker and the Tax Deal

It’s difficult to know just what Peter Drucker would have made of the tax deal reached by President Obama and now facing an uncertain fate on Capitol Hill. Drucker, after all, was very hard to pin down politically, characterizing himself “sometimes as a liberal conservative and sometimes as a conservative liberal but never as a ‘conservative conservative’ or a ‘liberal liberal.’” But we can take…

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The Profit Motive

Nov 30, 2010

The Profit Motive

The Commerce Department’s announcement last week that corporate profits hit an all-time high in the third quarter—coming in at an annual rate of $1.659 trillion—would likely have left Peter Drucker wondering one thing: When will all of this dough accrue to the greater good? Drucker was never shy about stressing that businesses need to make money—and even lots of it. “No apology is needed for profit,” Drucker…

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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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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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Go East, Young Man

Nov 11, 2010

Go East, Young Man

In the same week that President Obama traveled to India on an economic mission, we heard this intriguing Public Radio International story about American workers moving to India to take advantage of that nation’s boom economy and to escape the relentless joblessness in the United States. The radio story wouldn’t have surprised Peter Drucker, who believed that in an increasingly knowledge-driven economy, workers would move…

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