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 [...] It is not surprising that corporations are struggling with how to budget for and use the Internet as a marketing tool and interface with customers. After all the Internet is a surrogate for sales people, and sales people are a surrogate for the image and reputation of the legal entity called a corporation. Until accountants figure out [...] Harvard Professor Rakesh Khurana, who teaches a doctoral seminar on management and is an expert on the CEO labor market, writes caustically that we should not be surprised at the rise of corporate malfeasance. He advocates rejuvenating intellectually and morally the training of our future business leaders. Khurana contends that university-based business schools were founded to [...] Companies hoping to capitalize on future advances in science and technology better learn how to leverage human intellect on multiple continents, according to a Silicon Valley CEO writing in Chief Executive Magazine. Michael Klayko, CEO of Brocade Communications Systems, a $1.2 billion data networking supplier, points out that R&D employment outside the U.S. by U.S. [...] |
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