Tag Archives: purpose

Management: a Noble Practice

The theme of the 2017 Global Drucker Forum to be held in Vienna later this year is “Growth & Inclusive Prosperity – The Secular Management Challenge”. Dictionary definitions of prosperity mention a condition of being successful or thriving, especially economic … Continue reading →

Posted in Change, General, Leadership | Tagged Adler, Clayton Christensen, community, complex systems, Drucker, Frankl, Freud, identity, meaning, means and ends, pleasure, power, prosperity, purpose, utility | Comments Off on Management: a Noble Practice

Down With Descartes! If You Can’t Measure It You Had Better Manage It

  In Landmarks of Tomorrow (1959) Peter Drucker wrote “We still profess and we still teach the world-view of the past three hundred years… a Cartesian world-view.” It is a world-view redefined by Lord Kelvin (1824-1907): “… when you can … Continue reading →

Posted in Change, General | Tagged Berlin, change, Descartes, Drucker, ecological perspective, Iraq, judgement, Kelvin, management principles, measurement, purpose, science, systems thinking, weight-loss | Comments Off on Down With Descartes! If You Can’t Measure It You Had Better Manage It

Don’t Throw the Past Away: Rediscovering the “Drucker Space”

For Peter Drucker history was an essential resource. Commentators have described the scope of his writings as “Braudelian” in honor of the work of historian, Fernand Braudel, the leader of the French Annales school of history, renowned for its broad, … Continue reading →

Posted in Change, General | Tagged American Dream, Boorstin, change, Drucker Forum, Drucker Space, efficiency, European Enlightenment, Frederick Taylor, Leon Wieseltier, meaning, means and ends, narrative, Peter Drucker, Postman, Progress, purpose, Radowitz, Stahl, Technopoly, The New Republic, Wilhelm von Humboldt | Comments Off on Don’t Throw the Past Away: Rediscovering the “Drucker Space”

A Theory and a Hammer: Managing With Incentives (Part II)

I spent the past week teaching a leadership class at the Kenneth Levene Graduate School of Business at the University of Regina. At the same time my HBR blog “Is Management Due For a Renaissance” has been attracting continuing comment … Continue reading →

Posted in Change, Leadership, Strategy | Tagged Alfie Kohn, change, complex systems, context, creativity, Jack Welch, means and ends, Peter Drucker, purpose, Sears Roebuck, Steve Denning, telos | Comments Off on A Theory and a Hammer: Managing With Incentives (Part II)

The Natural Case for Employee Engagement

Yesterday the Strategic Management Bureau asked, “Is the unending search for ‘the business case’ for employee engagement a futile exercise?” and cited an article on the topic. In my response to the question I suggested that the attempt to create … Continue reading →

Posted in Change, General, Leadership, Strategy | Tagged change, community, complex systems, creativity, crisis, destruction, ecocycle, ecological perspective, ecosystem, empowerment, engagement, KPI, KSF, leadership, lean, management ethics, Max Weber, means and ends, passion, power, purpose, reason, renewal, scorecard, shareholder value model, social traps, strategy, sustainability, sweet zone, Toyota Production System, trust, value stream, wertrationale, zweckrationale | 1 Comment

“Go Ahead: Make Our Day” – What Clint Eastwood Might Have Said

The unintended highlight of the Republican National Convention (RNC) last week was Clint Eastwood’s rambling address on Thursday that consumed 13 minutes of precious prime time, delaying Mitt Romney’s acceptance speech. Scheduled for only five minutes in the rigidly scripted … Continue reading →

Posted in Change, General, Leadership | Tagged Anglo-Saxon capitalism, apathy, Barack Obama, challenge, change, chaos, Clint Eastwood, communities of capitalists, community, cowboy, Democratic National Convention, despair, entertainment, government service, gunslinger, heart, hope, how, identity, individual, meaning, mission, Mitt Romney, narrative, narrative centre of gravity, network, obstacles, passion, political parties, purpose, Republican National Convention, stories, support, tension, trade-off, unemployed, values, what, who, why | 2 Comments

Is “Shareholder Value” a Myth or a Tool for Corporate Euthanasia?

I have been reading Lynn Stout’s The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations and The Public. It is a short, highly readable book, written with the objective of demolishing what Professor Stout calls the “shareholder value … Continue reading →

Posted in Change, General, Leadership | Tagged bankruptcy, boards, corporate law, directors, Dodge v. Ford, ecological perspective, innovation, liquidation, Lynn Stout, Mitt Romney, principal-agent, purpose, shareholder value model | 2 Comments

The Re-Enchantment of Management and The Renewal of Capitalism

Recently the Harvard Business Review, McKinsey & Company and the Management Innovation eXchange (MIX) conducted a series of three competitions on “Reinventing Management”. The first was the The Management 2.0 Challenge, which characterized the existing version of management as version … Continue reading →

Posted in Change, General, Leadership, Strategy | Tagged Anglo-Saxon capitalism, disenchantment, ends, financialization, Harvard Business Review, human potential, management academy, McKinsey, means, mission, MIX, nurture, positivism, purpose, re-enchantment, release, renewal | Comments Off on The Re-Enchantment of Management and The Renewal of Capitalism

Channeling David Brooks #1: Asking the Right Question about America

New York Times columnist David Brooks is an alumnus of the University of Chicago. Famously he got his big break when he wrote a satirical parody of William F. Buckley’s memoir, Overdrive, just as the conservative pundit was coming to campus to … Continue reading →

Posted in General | Tagged American constitution, Daniel Dennett, David Brooks, Greatest Generation, mission, narrative centre of gravity, political gridlock, purpose, Robert McKee, Toyota Production System, University of Chicago | Comments Off on Channeling David Brooks #1: Asking the Right Question about America

When Means Become Ends: Have our institutions lost their sense of purpose?

Forty years ago going to business school in the Western World, with a view to becoming a manager, was seen as an honorable endeavor. Back then we believed that management was a calling; a practice that had the potential to become … Continue reading →

Posted in Change, General | Tagged business schools, conflict of interest, ecological mental model, Friedrich Hayek, incentives, markets, means and ends, measurement, muppets, purpose, shareholder value model | Comments Off on When Means Become Ends: Have our institutions lost their sense of purpose?