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Management Challenges for the 21st Century - Peter Ferdinand Drucker Reviews

~@ Change Your Point of View ~@
Aug 08, 2005 10:37 AM 1817 Views

NOTE:



This is not an article/review on the book under whose category I have written. But my topic definitely comes close to the name of the book. So thought write in this category.


Have not read the book but have to rate and recommend the book as there is not other product rating option.


~@@~


Change Your Point of View


When I say Change your point of view, what exactly do I mean? What changes do we need to make? What kind of view are we talking about? How helpful it could be in our daily lives at both professional and personal front? How could it change our thought process ? How could it change the way we look at things?


Too many questions with no answers ??? Is that what you are thinking about??? Then continue reading :-)


I shall tell you a small story to convey my message and I believe that would send across the message that I cannot capture in words!


~~~~$$$ Story Begins $$$~~~~


Imagine you are in a busy Airport. While you are waiting for your flight, you notice a kiosk selling delicious cookies. You buy a box, put them in your traveling bag and then you patiently search for an available seat so you can sit down and enjoy your cookies...............................


Finally you find a seat next to a gentleman. You reach down into your traveling bag and pull out your box of tasty cookies.


As you do so, you notice that the gentleman starts watching you intensely.He stares as you open the box and his eyes follow your hand as you pick up the cookie and bring it to your mouth. Just then he reaches over and takes one of your cookies from the box,and eats it! You are more than a little surprised at this. Actually, you are at a loss for words. Not only does he take one cookie, but he alternates with you. For every one cookie you take, he takes one.


Now, what is your immediate impression of this guy?


''Must be Crazy?''


''Must be Greedy?''


''He has got some nerve?!''


etc


etc


Do imagine the words you might use to describe this man to your associates back at the office!! Meanwhile, you both continue eating the cookies until there's just one left. To your surprise, the man reaches over and takes it. But then he does something unexpected. He breaks it in half, and gives half to you. After he is finished with his half he gets up, and without a word, he leaves...............


You think to yourself, ''Did this really happen?'' You are left sitting there dumbfounded and still hungry. So you go back to the kiosk and buy another box of cookies. You then return to your seat and begin opening your new box of cookies when you glance down into your traveling bag...................... Sitting there in your bag is your original box of Cookies -- still unopened.


Only then do you realise that when you reached down earlier, you had reached into the other man's bag, and grabbed his box of cookies by mistake!!!


Now tell me, what do you think of the man?


Generous?


Tolerant?


etc...etc


What else ??


You've just experienced a profound paradigm shift. You are seeing things from a new point of view.


Is it time to change your point of view?


Now, think of this story as it relates to your life . Seeing things from a new point of view can be very enlightening. Think outside the box. Don't settle for the status quo. Be open to suggestions.


Things may not be what they seem.


~~~~$$$ Story Ends $$$~~~~


With this small story, did I convey what I wanted to???


Is this one of the changes needed in the People management or in more technical words ... is this type of thinking needed in resource management?


Your comments will definitely help me in knowing the answer ......


Chill out


Amith


A roller coaster ride into future!
Mar 16, 2002 05:54 PM 6049 Views

Peter Drucker has once again come out with an excellent book that is not only thought provoking and informative but also gives one plenty of food for thought as well as action. It's not just a collection of thoughts, but is full of facts, ideas, hypotheses and theories that are pragmatic.


Drucker's logical style of marshalling the facts, presenting them in a coherent manner, systematic and in-depth analysis makes reading his books quite an experience. In this book, which is primarily on Management per-se, Drucker works on a vast canvass of socio-economic, socio-political, and technological factors that have and are causing enormous implications and changes. The basic assumptions about reality are the paradigms of a social science like Management.


Drucker proves how and why these are no longer valid and leads that paradigm has shifted. Very convincing indeed. New paradigm is defined, explained, and ways and means of addressing the new paradigm are discussed in detail. He gives a number of examples detailing the revolutionary changes that have come about.


In a period of rapid changes and uncertainties, how does one go about preparing for tomorrow's realities? Drucker come out with trends that act as pointers to the direction where we are heading. Most interesting of the pointer is on demographic trends and analysis thereof


As against a minimum average birth rate of 2.1needed to reproduce a population, birth rate in developed world has fallen drastically, Italy is 0.80, Japan 1.3, and US below 2. What does it mean? Population of Southern Europe by end of 21st century will be 22 million from present 60 million, Japan's 125 million will become 55. In US, the entire growth after 2015 will be in people above 55, by 2025; the US will have sharply declining work force (20-60 age group


Not just the numbers, but demographic profile too will change, Kids below 25 will just be less than 20%, people above 55 will be 35-40%. The implications are: Massive immigration is inescapable, which will change socio-political scene as well as social fabric of nations.


Strong and stable governments will be an exception; coalitions will be the rule. Multi-ethnic and pluralistic societies will be the norm. Retirees wont fade away, they will still be working though not as employees. Post retirement group incomes will be high. Strategies will have to be tailored to these changed demographics.


Wealth and income distribution patterns will change, thus dictating the shares of disposable incomes. Shares of disposable incomes spent on 'economic satisfaction' will shift to non-economic spend on Governments, Education, Health care and leisure. As against 3000 hours/annum working hours in early 1900's, Germans today work 1500 hours and Americans 1850. Property, thus the power will shift. Affluent middle-class with extended life span and working life, investing through mutual funds and pension funds will own majority of floating stock, thus dictating the definition of corporate performance


These factors together with global competitiveness, global standards of productivity, will call for tremendous changes. To be able to survive, one cannot manage change, but one has to be ahead of it. Rather than reacting to change, one has to initiate and lead the change everywhere including in our personal lives. All these factors will make compelling demands on IT, which has to change its emphasis on T in IT, to the I in IT.


The last chapter on managing oneself, though sounds out of sync in this book, is the most interesting and useful for each of us. Here, Drucker goes into Why's and How's of changing and managing oneself while preparing oneself to meet the challenges of tomorrow. It's a great book, a disturbing one.


Every few pages, the reader is hit with a startling fact or an idea that makes one exclaim, '' I never knew that!', ' I never thought of it!', ' why didn't it ever occur to me?' etc. The book forces the reader to wake up and start thinking.


I hope some of readers who are allergic to lengthy pieces will bear with me for there is no way to summarise the book without losing the flavor of it. I would love to have your comments.


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