Tag Archives: purpose

Management: a Noble Practice


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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


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


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  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


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


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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


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


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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


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The Natural Case for Employee Engagement


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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


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


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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


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


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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


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The Re-Enchantment of Management and The Renewal of Capitalism


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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


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


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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


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


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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


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