Charlie Feld

Peter Drucker

The greatest weakness of American business is that it knows no history.

Brian Arthur

There’s nothing magical about the United States, in my opinion, except its ability to innovate and innovate freely, and that’s what this country’s all about.

Brian Arthur

You can’t let the new revolution fall into the hands of the people who ran the last revolution. That’s a legal disaster and it’s an economic disaster.

Lawrence Lessig

Intellectual property is a balance between monopolies granted by the state to create an incentive to produce and access, and fair use guaranteed by the balance the law creates to ensure that follow-on innovators and creators can take advantage of the innovations that have been produced. That’s the balance the law has traditionally struck.

…it’s not like every kind of property. There’s nothing that says … [ Read more ]

Is the Information Revolution Dead?

An insightful comparison and contrast of the recent high-tech boom and bust to previous technological revolutions, with some speculative thoughts about what the future might hold. A good read.

Letting the Air Out of Celebrity Leaders

As the economy slows, companies are finally realizing that cultivating leaders from within makes sense.

Mmmm … $10 Million Bonus

Their stocks are on a crash diet, but plenty of executives are still gorging like it’s 1999. Here’s how to find out whose face is in the trough.

Learning From the Future

At long last, business is no longer ignoring the past. But the real challenge for managers is learning from what is yet to come.

All for the Cause

“‘Consumers are expecting companies to act socially responsible,’ [Carol] Cone says. ‘Companies have to connect in a new way to consumers, in a way that is emotional, that is sustainable, that is credible.’ Cone argues that companies need to provide a warm, more ‘human’ feeling. ‘In order to connect with their stakeholders, employees, or consumers, they’re going to have to embrace a cause or … [ Read more ]

Peter Drucker

In the last 40 or 50 years, economics was dominant. In the next 20 or 30 years, social issues will be dominant.

Peter Drucker

I am not afraid of monopolies because they eventually collapse. Thucydides wrote years ago that hegemony kills itself. A power that has hegemony always becomes arrogant. Always becomes overweened. And always unites the rest of the world against it. A countervailing power always reacts. A hegemonous system is very self-destructive. It becomes defensive, arrogant, and a defender of yesterday. It destroys itself. Therefore no monopoly … [ Read more ]

Peter Drucker

No more than 10 or 15 percent of innovations move up to that founder’s wishes. Another 15, 20, or 30 percent are not disastrous, but not successes either. Five years later they’ll say that this is a nice specialty. You know what that means, don’t you? It means you have to wrap it in a five-dollar bill to give it away. Sixty percent are footnotes … [ Read more ]

Thomas A. Stewart / Claus Otto Scharmer

Learning from the past is more relevant and productive in stable markets ruled by the law of diminishing returns than it is in tumultuous markets characterized by technological discontinuities and positive-feedback loops (increasing returns).

Learning from the future is less about processing information and more about structuring it and seeing patterns in it. It’s less concerned with making plans than with producing capabilities. It is, … [ Read more ]

Sage Advice

Peter Drucker, the foremost business thinker of our age tells what is wrong (and right) with the New Economy.

Automate or Die

Until it attains godlike profitability, reduces costs to zero, and hears the pathetic mewling of its last, defeated competitor, Dell Computer won’t stop remaking its business. Its three-part strategy for ultimate victory? Web, Web, and Web.

The Guru’s Guru

A lively conversation with Peter Drucker, dean of the deep thinkers.