The Great Transformation - 33 Top Quotes from Global Peter Drucker Forum 2014

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Transcript of The Great Transformation - 33 Top Quotes from Global Peter Drucker Forum 2014

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Quotes selected by: Vladimir Vulic @vulicvladimir

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“The main challenge for management is how to free up the potential of people.” - Richard Straub

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“Peter Drucker's favourite sentence was – ‘Let me be brutally honest...’” – Cecily Drucker

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“Investing in our people is going to be costly and scarce - we need to start doing that!” - Clayton Christensen

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“I don't think it was God who said – ‘Lets measure our success by IRR’. Someone said it, but it was not God.” - Clayton Christensen

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“Our biggest challenge is how to create a self-renewing company.” – Gary Hamel

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“Your organization can start tweeting, but that won't change its DNA.” – Gary Hamel

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“Organizational structures of today demand too much from a few, and not much at all from everyone else.” – Gary Hamel

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“Business schools and businesses of today are not building infrastructure for tomorrow’s management fast enough.” – Roger L. Martin

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“Highest rewards in today’s economy go to people who trade value, and not to people who CREATE value.” – Roger L. Martin

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“We have structured our world in a way that facilitates the operation of bandits.” – Roger L. Martin

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“Innovation is like a natural resource for a company - it has to be mined. That should be the primary responsibility of management.” – Nancy A. Tennant

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“There is no room for being creative in today’s business... Except for finding creative ways to be inefficient.” – Martin Wolf

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“In order to change the system, we need to change our ideas.” – Martin Wolf

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“Business schools are failing to teach the students about the risks of market failures. We need to include some material on market failures in the core of curriculum.” – Pankaj Ghemawat

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“’The system made me do it’ is the perfect cop-out for today’s managers.” – Pankaj Ghemawat

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“Thanks to big data, machines can now be programmed to do the next thing right. But only humans can do the next right thing.” – Dov Seidman

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“I have never seen an employee who jumps out of bed in the morning in order to create shareholder value.” – Dov Seidman

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“The world no longer looks to the US as the model of democracy, but to China as the model of efficiency.” – Adrian Wooldridge

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“The key relationships in the future will not be between people, but between machines and people.” – Andrew Keen

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“For a majority of employees going to work every morning feels like going to the dentist.” – Dan Pontefract

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“It’s not a question of whether the transition from old to the new goals, practices and metrics is going to happen. It’s already under way.” – Steve Denning

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“Exploiting a sustainable competitive advantage is great... If you can find it.” – Rita Gunther McGrath

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“Generating ideas is not a problem. Incubation is. Acceleration is.” – Rita Gunther McGrath

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“’Social’ has nothing to do with technology, but everything to do with humans.” – Nilofer Merchant

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“We are only capturing engagement - not whether someone’s full capacity is being brought to bear.” – Nilofer Merchant

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“We don't yet see an alternative to the heroic leader.” – Herminia Ibarra

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“If you are not trying new ways every single day in your company, you will not get to your optimal point.” – Vineet Nayar

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“People are not driven by perks - they want interesting problems.” – Georg Polzer

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“We need complexity sciences, not just management and economics.” – Fredmund Malik

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“Culture is like a rubber band that wraps around the organization. Without a strong culture, the organization would drift apart.” – Marc Merrill

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“We need different structures, different metrics, but above all - we need different leaders, that create context for adults.” – Tammy Erickson

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“You don't need to transform... if you don't want to build a great company.” – Tammy Erickson

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“Lets take the best of our ideas from Global Drucker Forum, and the best of our language, and then focus and clarify.” - Clayton Christensen

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Photo Credits: Gerald Mayer-Rohrmoser www.mayer-rohrmoser.at

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Vladimir Vulić

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www.vanja.me