Lynda Gratton, Professor, London Business School; Founder of the Hot Spots Movement, a research and consulting team melding both business and academia; and a well known organizational theorist, led a Q&A session outlining whether complexity is really in the minds of top business leaders when managing their companies. Two top business leaders, Rick Goings, CEO of Tupperware Brands, and Natarajan Chandrasekaran (Chandra), CEO and Managing Director of Tata Consultancy, gave her their take on complexity in organizations.
Daily Archives: November 14, 2013
Peter Drucker Forum 2013: “Managing complexity by understanding multiplex networks” by Stefan Thurner
“To manage a system means that you are able to predict the possible outcomes of actions you take. If you cannot predict the outcomes of management actions, you neither manage nor control the system: you are subject to luck, fate, external events and developments.”
Peter Drucker Forum 2013: “Applying Complexity Science to Management” by Thierry Grange, Grenoble Ecole de Management
President of the Strategic Board, Grenoble Ecole de Management; and Special Advisor of the President of AACSB for Europe, spoke about his own personal experience in industry and how he came to discover Peter Drucker. He began the discussion with his favourite Peter Drucker quote:
“The purpose of the enterprise is to create value and there are therefore two functions that matter… Innovation and marketing create value and all the others are costs.”
Peter Gomez began his talk by decrying the fact that we seem to want more and more data. This is not what we need, in actual fact, we need to see patterns within business and society instead.
At the Peter Drucker Forum 2013 in Vienna, Tim Brown, CEO of IDEO argued that they have taken the same approach to design for hundreds and thousands of years. However, with increasing urbanization, the implementation of the design became ever more difficult due to the increasingly complex structures. Most businesses can be compared to cities- so how do we shape them?
At the Peter Drucker Forum 2013 John Hagel III argued that our business environment is becoming more complex. This complexity is increasing over time and demands very different approaches in order to sustain success.
At the Peter Drucker Forum 2013 in Vienna, Fredmund Malik looked at how we can master organizational complexity. He began by taking a historical look at how change has occurred in the past.