For about a thousand years prior to the 20th century the Chinese used a form of execution known as death by a thousand cuts. That is an apt description of the consequences of the business as usual practices of many companies facing today’s challenges.For example, many executives function as though they were still in an era [...]
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The first imperative is to deliberately, consciously wean the organization from excessive control, the methods most executives learned and practice in their profession. The late Peter Drucker explained, “Because the modern organization consists of knowledge specialists, it has to be an organization of equals, of colleagues and associates. No knowledge ranks higher than another; each [...] Chief Executive Magazine asked a cross-section of of CEOs to write about their outlook for the coming year. Editor J.P. Donlon said he was struck by their twin concerns about rising government spending and increasing taxes and regulations, as well as the effect both would have on what they regard as a fragile economic recovery. Donlon observed, [...] While corporate executives struggle with a recession-induced miasma of layoffs, plant closings, inventory reductions and balance sheet issues, there is a soft drumbeat in the background that is hazardous to ignore. Jack and Suzy Welch, in their regular column in Business Week, put it this way, “throw some time and energy into figuring out what your company’s [...] Peter Drucker, the professor, author and consultant who revolutionized the theory of management, was amazingly prescient, having the ability to foresee the future. He has been dead for more than three years, but his ideas live on. Peter Drucker He was spot-on in describing what is now being experienced in the economy, and slotted it into historical [...] A think tank with the unwieldy moniker Information Technology and Innovation Foundation (ITIF) advocates investment in the nation?s digital infrastructure as the most effective way to jump start the economy. ITIF advocates investment in the nation?s digital infrastructure as the most effective way to jump start the economy. The scientists involved with ITIF single out three infrastructure [...] |
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