Catchy descriptor does no justice to Japan
The phrase “Japan Inc” is tendentious. It starts the economic story in the middle, likens the country to a superconglomerate, and misrepresents the archipelago’s postwar success.
Goethe Institut: The Future of Our Past
Often violent and uncontrollable, revolutions are not the solution. In most cases they topple existing authorities and usher in cruel and unsuitable systems, as history proves by the French and Russian Revolution.
Let’s heed the fall of Rome, Athens and Carthage
Economic prowess is not enough to ensure stability and co-operation with other states. Athens, Carthage and Rome were ruined despite their expansive commercial arrangements and economic leadership.
Employee Society 2.0
In the “Employee Society,” as Drucker labeled it, people’s aspirations are molded by contracts. Contracts obligated the individuals to contribute to the organization's goal defined in terms of property interest.
Education’s growing power is a threat to democracies
Educational institutions now belong to the largest employers and investors in the world.
Instagram ban shows the internet’s vulnerabilities
By cutting off access to Instagram, we are reminded that the internet is vulnerable to real-life geopolitical battles. The personal lives we create and the income we generate there can all be restricted overnight due to the absence of supranational internet access.
Prosperity requires more than machines and capital
The economy is neither made of capitalists nor communists. It is made by productivity.
Europe’s lockdown sceptics echo Enlightenment critics
Prominently brought to the fore by the Oxford philosopher Isaiah Berlin, the movement denotes anti-intellectualist sordid strands of thought that eventually culminated in the nationalism and fascism of the 20th century
Greater office freedom can lead to staff dissatisfaction
Freedom is an ethical principle of social choice.
The Economist: Royal Executives
Peter Drucker was the first to point out that senior managers are the new monarchs in society.
Relaunching the era of e-globalization
Most eras, such as the Christian or Medieval ones, have never really been about economics. The Renaissance era, for example, was not about Montefeltro selling and buying paintings. It was more about Brunelleschi inventing the three-point perspective and artists making art more life-like, recreating nature, and putting people in the center of things.
Productivity is an Attitude
After World War 2, European manufacturing and management practice was a generation behind the US. Under the Productivity Program of the Marshall Plan, several thousand European businessmen, union officials, and technicians were sent to America to study the causes of their productivity.
Overpaying the boss hurts morale for rest of the team
In any company, if the chief executive gets a salary several times larger than that of the chief financial officer, you can be sure that the company is badly managed.
Is it time for a Nobel Prize in Management thinking and writing?
Alfred Nobel, the inventor of dynamite, disdained business management. Even though his family owned a grocery store, an engineering factory, and an oil company. His apathy for management is often used to oppose the creation of a Nobel Prize in the subject. But this narrative, which chides Management as boring and trifling, is unfounded and difficult to uphold.
Panic on the New York Stock Exchange
Drucker wrote this remarkable piece in his early twenties, a journalism relevant for students, young professionals, and managers today. It is a harbinger of the discipline of thought and literary skill that would make him one of the greatest thinkers of our time.
Legends of the Insurance Industry
In “Sapiens: A Brief History of Humankind,” Yuval Noah Harari compares businesspeople to powerful sorcerers and corporations to mythical figments of our collective imagination. He categorizes the limited liability company into the genre of legal fiction and opinionates that it is one of humanity’s most ingenious inventions.
Democracy: a for profit enterprise
The United States has the oldest continuous democracy in the world. It was introduced by a British company to the country. Back then, the revolutionary idea was an employer perk. Democracy was something like free onsite gym classes at Google.
Women in Management
One of the first knowledge professions was nursing. It was founded by the British social reformer and the first female fellow of the Royal Statistical Society Florence Nightingale. Modern nursing was conceived during and following the Crimean War from 1853 to 1856 when Nightingale led a team of nurses to care for wounded British soldiers in Scutari (Albania) and Istanbul.
How Video Games go Global
Back in the year 2000, Disney Interactive was in the unprofitable educational PC software market. To make money, they licensed various valuable intellectual properties - such as Mickey Mouse, Donald Duck, and Goofy - to the video game holding company Square Enix, in Japan.
The New Business Prof.
A new frontier on how Chief Learning Officers can collaborate with educational establishments is emerging. Big employers, such as the accounting firm PwC, are teaming up with universities to craft and customize their accounting and business degrees. The Wall Street Journal explains that this should help graduates get the necessary skills in the working world.