Sublime

This is a different kind of prompt, courtesy of the management guru Peter Drucker. The idea is to catch the leading players in a market off balance by turning their strength into a weakness.

choice of project types influences significantly, as we shall see, the economic and…

Some highlights have been hidden or truncated due to export limits.

There are two simple indicators if something that could change is indeed part of the nature of the business.

Corporate boards sign off on strategic plans that are little more than wishful thinking.

firms are continually confronted with a basic dilemma. On the one hand, they can choose to follow a practice area down its life cycle, adapting organization structures, staffing strategies, pricing, leadership styles, and all else we have discussed above to the new requirements of the marketplace. Of course, in so doing they will be transforming th

one can sense a business firm that has not been carefully managed. Its product line grows less focused; prices are set low to please the sales department, and shipping schedules are too long, pleasing only the factory.

We need to move from a world in which environmental and social capital are essentially free—or at least someone else’s business—to a world in which the need to operate within environmental limits within a thriving society is taken for granted.

reality and profitable operation.

Leaders should use their short-term flexibility to assure themselves of a stable long-term future.