Back when we were babies, every day was an opportunity for exploration. These journeys seemed endless. At first, we explored our crib. Then, we ventured out and began to navigate the floor. Eventually, we discovered that kitchen drawers were filled with items to examine with our hands and mouths. As we began to walk, more terrains opened up to us: the velvety sand at the beach, the soft grass in the park, and the glistening snow in a field. It was continuous exploration. […]
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Today, the key to resilience is creativity. The top 20% of firms, including the firms in Figure 1, are resilient because of their embrace of a culture of creativity. As a result, they are more valuable, and are growing faster, than the bottom 80%, and hence more resilient.[…]
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The landscape of global business has undergone a seismic shift in the past few decades, reshaping the balance of corporate power across continents. Two regions have risen to prominence, eclipsing their European counterparts: the US and China.[…]
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Thinking about resilience as a leadership quality, we can draw on a potent 2,300-year-old remedy from the philosophical medicine chest: Stoicism. […]
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At this year’s Peter Drucker Forum, I was confronted with a pivotal question: Does digital transformation genuinely make organizations flexible? […]
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What kinds of companies have bounced back better from the pandemic years? New evidence shows it’s the ones who had already invested time and energy in building their capacities for innovation.[…]
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At this year’s 15th Global Peter Drucker Forum, the Huawei Masterclass had as its guiding principle the idea of enabling the growth and innovation of startups. In his opening remarks, Gavin Allen, editor-in-chief of Huawei, said that SMEs are the engine that keeps Europe’s economy running and new ideas coming to fruition. A prosperous economy in Europe depends on its millions of new businesses. […]
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In 2009, the first Annual Drucker Forum was held to mark the centenary of Peter Drucker, the “father of modern management.” Coincidentally, that same year, the world faced the most severe worldwide economic crisis and recession in 80 years. Since then, we have witnessed an accelerated pace of change and experienced many unexpected challenges. The past few years have been especially difficult as we dealt with COVID-19, geopolitical disruptions affecting the global economy, very discernible effects of climate change, the polarization of societies, and the rise of artificial intelligence. […]
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Walter Isaacson’s near-700-page biography of Elon Musk covers a lot of ground. We get many stories of the remarkable innovator, how he revolutionized at least two industries, automobiles and rockets, and his controversial purchase and overhaul of Twitter. Great reading – but what can a leader learn from Isaacson’s account? […]
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Well might the organisers of this year’s Global Peter Drucker Forum have invoked “an age of discontinuity” in the conference title. These have been a shattering few years. If you are not troubled you have not been paying attention. Indeed, “troubled” will hardly do as a descriptive term. “Exhausted” might be a more honest assessment. The more stable world we once knew, and perhaps took for granted, seems a thing of the past. […]
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