Day 2 of the World Business Forum was filled with more lessons on leadership, management, innovation and business. Follow Drucker Apps’ tweets on Twitter@druckerinst to see some of the live reporting. Below are highlights from some of the day’s speakers, many of who were inspired by the timely and timeless teachings of Peter Drucker.
Professor Joseph Stiglitz comments on the economy.
Martin Lindstrom, author and “buy-ology” expert, explains the role of the non-conscious in decision-making.…
Day 1 of the World Business Forum was filled with informative lessons from thought leaders across the management and business spectrum. Drucker Apps is tweeting and sharing live all day on Twitter @druckerinst #wbf10. Below are highlights from many of the day’s speakers who were inspired by the timely and timeless teachings of Peter Drucker.
Former General Electric CEO Jack Welch on China’s economic growth
Social Networking expert and author Charlene Li on creating winning social media strategies
Carlos Brito, CEO of Anheuser-Busch InBev, on how to build a team of achievers
SAP CEO Bill McDermott on Leadership…
Tune in for updates on the dynamic mix of business and leadership thinkers in attendance.
“It is very old wisdom that whoever has the information has the power. With the Internet, the customer has all the information.”
–Peter Drucker, “The Future of the Corporation III,” 2003 lecture
Blockbuster’s bankruptcy filing last week was about more than a brick-and-mortar-based business that had grown old and tired. It was about Blockbuster failing to provide its customers with the speed and quality that they have learned to value and come to expect in a world of Netflix, Vudu, Apple TV and other online rivals.
“Under e-commerce,” Peter Drucker wrote in his 2002 book Managing in the Next Society, “delivery will become the one area in which a business can truly distinguish itself.…
How Drucker-like ideas are being put into action
Zipcar has revolutionized the world of auto-rentals. Its four-step process of, “join, reserve, unlock, drive” lets customers rent locally, in short time increments, with fuel and insurance costs included, allowing them to use a car only when wanted or needed. Zipcar’s model appeals to an increasingly mobile and Internet-savvy customer who prizes flexibility and convenience.
If you’ve ever turned any ideas from Drucker Apps into action by incorporating them in your life or work, please tell us your story.…
Drucker Apps rounds out this conversation with resources that will help you continue to explore the questions raised and discover how you can move from ideas to action.
- Drucker Societies around the globe are using Drucker’s core insights to create positive change in their local communities. Find out how you can join a Drucker Society.
- Peter Cohan’s The Technology Leaders covers the role and impact of technology on business.
- Lisa Gansky recommends:
“Financial rewards are not enough. People, whether managers or workers, whether in business or outside, need rewards of prestige and pride.”
– Peter F. Drucker The Practice of Management
According to a much-cited recent study in the Proceedings of the National Academy of Sciences by Nobel laureate Daniel Kahneman and Angus Deaton of Princeton University, $75,000 is the magic salary figure for ensuring worker happiness.
Beyond that income threshold, workers are no happier in their day-to-day lives, although they may express a sense of greater lifetime achievement. Earning a lesser salary, meanwhile, does not automatically mean a life of misery. Still, the authors found, the challenges of life are felt more acutely when you earn less.…