Updated 03-Aug-2025 There are some useful nuggets of information hidden within this latest talk by Kate Mitchell on Own your Own Success. The discussion on mentors and mentorship is one of them. Mentors as a Composite Mentors need not be a single person or a set of people but are more likely a composite of ... Read more
Updated 03-Aug-2025 Peter Drucker claimed that there were only two areas of interest in terms of Entrepreneurship: Innovation and Marketing. Innovation is the creation of a new level of performance (mostly through deploying inventions, not actually inventing things). Marketing is the creation and maintenance of a customer. Of course there is more to Entrepreneurship than ... Read more
Updated 03-Aug-2025 Innovation is the specific tool of the entrepreneur according to Peter Drucker. How this tool actually works is of deep interest. One recent book on innovation has claimed that it is not possible to innovate systematically (because failure rate is more than 50%). However, we believe this is not true. Therefore, we need ... Read more
Updated 03-Aug-2025 Peter Drucker - The Man who Invented Management Peter Drucker died in 2005, eight days shy of his 96th birthday. The man literally invented the discipline of management and the management consultant. His 39 books have been translated into over 30 languages. The book of Drucker's I have read the most is The ... Read more
Updated 03-Aug-2025 Peter Drucker is by far the most important management thinker of the 20th century. Even in 2010, his thinking and guidance is highly effective and has lost little of its lustre and value. The Five Most Important Questions Drucker formulated five "Most Important" questions to ask an organization. Each of them have subquestions ... Read more
Updated 03-Aug-2025 There is a long and storied history regarding pricing of goods and services. Wikipedia has a nice overview article with linked sub-articles. Simplicity - The Rule of Three Complexity is managed easiest with simplicity. In this case all the various Pricing "strategies" can be summed under three specific uses of pricing: Pricing as ... Read more