The forces of change are gaining momentum. In the past Industrial Age, companies had to contend with dramatic changes but these were relatively infrequent and gradual. Today’s environment presents a different sort of playing field for every institution. They are all faced with a constantly swirling cloud of change. As a result, every institution is surrounded by unpredictable innovations, shifts in the marketplace and other events that can quickly render a long-reliable strategy obsolete. Furthermore, new competitors can emerge from seemingly nowhere.[…]
Continue readingKilling it on Innovation
How far can research take us? Solving wicked problems with appropriate KPIs
by Sylwia Sysko-Romańczuk
Starting a panel discussion at Global Peter Drucker Forum 2021, Helga Novotny elaborated on the vast horizon of challenges faced by the global science in the 21st century. The academic community has been observing a rise in complexity: from tech finance speeding the banking systems to the climate changes speeding the economic systems. Complex systems reveal three inherent properties:[…]
Continue readingFive Skills that Help Shape Business Ecosystem Performance
by Roland Deiser
Like a traditional organization, ecosystems need an operating system that assures a customer-centric, effective, and efficient delivery of the ecosystem’s value proposition. But the nature of ecosystems as a network of semiautonomous players makes the creation and maintenance of organizational excellence significantly more complex.[…]
Continue readingThe performance that really matters
by Simon Caulkin
When 30 of the biggest names in management convened in California in June 2008 to spend two days ‘inventing the future of management’, one professor observed that we knew plenty already: what was really needed, he said, was an implementation as much as an innovation engine. […]
Continue readingA Fork In The Road
by Joseph Pistrui & Dimo Dimov
Yogi Berra, the famous NY Yankee catcher once said, “when you come to a fork in the road, take it.” Organizations today stand at a crossroads to sustained performance. One path is familiar, following the lead of financial return and efficiency metrics; it is about keeping “feet on the ground”.[…]
Continue readingWhat performance matters?
by Mark W. Béliczky
It is no surprise that the theme and focus of the 2022 Global Peter Drucker Forum is “Performance that Matters: Sparking the Entrepreneurial Spirit.” And Drucker was very clear about the significance and importance of goals, measures and performance when he stated that “Unless we determine what shall be measured and what the yardstick of measurement in an area will be, the area itself will not be seen.”[…]
Continue readingThe performance of organizations is a societal issue
by Philippe Silberzahn
Business performance is often perceived as having no societal impact. It seems to be a strictly financial matter and to concern only its shareholders, and nobody else, and as such is even morally suspect for some. We are happy for the company that has good results, and we may suspect that is at done at the expense of society. […]
Continue readingManagement Performance as a Competitive Advantage
by Lukas Michel
Let’s think of management as the art, science, and craft to get work done. As most of us perform some kind of work, and most work requires more than one individual to complete, we need to care about management. It touches everyone, everywhere, anytime.[…]
Continue reading