The Global Peter Drucker Forum is an international management conference dedicated to the management philosophy of Peter Drucker. Drucker, who lived from 1909 to 2005, was a management professor, writer, and consultant, frequently referred to as a "management guru." The Forum is held annually in November, in Drucker's home town of Vienna, Austria and is put on by the Peter Drucker Society Europe, an affiliate of the Drucker Institute at Claremont Graduate University. (source: Wikipedia) The 6th Global Peter Drucker Forum was held on November 13-14, 2014 at the Hall of Sciences in Vienna. This is the selection of Top 33 Quotes from Global Peter Drucker Forum 2014. Vladimir Vulic, November 2014

2. Quotes selected by: Vladimir Vulic
@vulicvladimir

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

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

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

6. “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

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

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

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

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

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

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

13. “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

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

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

16. “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

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

18. “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

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

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

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

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

23. “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

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

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

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

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

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

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

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

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

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

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

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

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

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

37. Vladimir Vulić
To connect, and for speaking enquiries, please visit
www.vanja.me