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Gary Hamel on “The Core Incompetencies of the Corporation”

First Friday Book Synopsis

To read the complete article, check out the wealth of free resources, obtain subscription information, and receive HBR email alerts, please click here. * * * Note: This post is part of a series leading […]. Here is an excerpt from an article written by Gary Hamel for Harvard Business Review and the HBR Blog Network.

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What Peter Drucker Knew About 2020

Harvard Business Review

Every few hundred years throughout Western history, a sharp transformation has occurred,” Peter Drucker observed in a 1992 e ssay for Harvard Business Review. “In For Drucker, the newest new world was marked, above all, by one dominant factor: “the shift to a knowledge society.”. A 2014 McKinsey & Co. It’s no wonder why.

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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Frances Hesselbein – Former CEO, Girl Scouts of America and Peter Drucker Foundation. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. Three iconic leaders inspired the 100 Coaches project.

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The Knowledge Jobs Most Likely to Be Automated

Harvard Business Review

The WSJ for example reported as recently as 2014 that the future was “very bright for anyone entering into compliance as a career.”). Writing in the early eighties, Drucker was especially concerned about one major drag on entrepreneurial activity: the high cost of following ever more onerous regulations.

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Who Benefits from the Peer-to-Peer Economy?

Harvard Business Review

Barbara Ann Berwick drove for Uber for eight weeks in 2014. grew from 20 million in 2001 to 32 million in 2014. It used to be that companies would gain a competitive edge by bringing more and more people, assets, and resources inside the company in order to reduce transaction costs. This trend is expanding explosively.

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If the SEC Measured CEO Pay Packages Properly, They Would Look Even More Outrageous

Harvard Business Review

Indeed, in the 1980s Peter Drucker, the management expert who correctly understood that the purpose of the business corporation is to create customers rather than profits for shareholders, touted 20:1 as a sufficiently high ratio for any company in any country, including the United States.

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The Dark Side of Efficient Markets

Harvard Business Review

Efficient markets, which feature many buyers and sellers and perfect information flowing between them, determine the “right price” and hence allocate society’s resources optimally. This post is part of a series leading up to the annual Global Drucker Forum , taking place November 13-14 2014 in Vienna, Austria.