Adaptability and resilience are more than just industry jargon in today’s hypercompetitive business environment; they are the backbone of sustainable success. However, traditional governance systems often fail to cultivate these critical attributes, which highlights the need for more dynamic and resilient frameworks. […]
Continue reading
When the pandemic hit, few companies were prepared for the unpredictability of the threats and related challenges that it brought. The completely unexpected need to switch the internal operating system to fully digital within days ruthlessly exposed the flaws and booby traps hidden in many organizations.erforum.org/blog/?p=3503″>[…]
Continue reading
Following the business news in the weeks after this year’s Drucker Forum, it became clear that management, as taught at business schools, is headed for irrelevance. Today it no longer solves problems. It creates them. So-called “best practices” of management have caused a multitude of problems that only became apparent after a delay of decades, but are now making themselves felt with force[…]
Continue reading
Unlike classic collaboration setups, open business ecosystems are not limited in their possibilities. Participating companies can combine their capabilities more quickly in order to jointly exploit new opportunities. Drucker Forum 2019 This article is one in the “shape the debate” series relating to the 11th Global Peter Drucker Forum, under the theme “The Power of Ecosystems” taking place on November 21 & 22, 2019 in Vienna, Austria.#GPDF19 #ecosystems Flexibility and speed in cross-company collaboration is what distinguishes ecosystems from other business setups. Innovation superclusters are a special kind of ecosystem, with one additional distinctive feature: they make it simple to quickly grow innovations to profitable size. Innovators in superclusters can easily partner with corporations in […]
Continue reading
European industry is under threat from massively growing uncertainty. Trade tariffs, technological disruptions and fast-moving competitors on digital steroids cut
Continue readingWhat did Jeff Bezos do in 2002 to turn Amazon into the business ecosystem that it is today? He discovered
Continue reading