Peter Drucker Challenge 2017

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In the world of management, corporate management strategies, there is Peter Drucker and the rest. He was a one man battalion. His works in that field were amazing and highly revered. In 2005 he died but his legacy lives on. A foundation/society was set up in his honour and they are yearly trying to advance the management field like would have done if alive.

Each year, and for the last seven years, they organize a challenge -- the Peter Drucker Challenge. It is a very easy and straightforward challenge. If you are between the ages of 18 and 35, you just need to write a very thought provoking essay between 1,500 and 3,000 words on a theme they provide.

The detail for this year's competition is at 

The theme is:
Prosperity is not just a financial notion — inclusive prosperity encompasses the opportunity for lives in dignity, with purpose and roles to contribute to common endeavors in the communities one is part of. It is definitely more than material well-being. A holistic view of prosperity includes all — the material and economic aspects as well the social, emotional, intellectual and spiritual side.

The biggest natural resource on the planet is human potential — human energy, engagement and creativity. Only a fraction of this potential is brought to bear today. However, if better leveraged, this latent potential would be the key driver for economic and human growth.

The question is:
What holds people back in today's organizations and institutions to realize their potential? What are the obstacles that you see in your environment?

What is the role of management to free up human potential? Give examples of management actions that have made a difference in your life.

Can digital technology (in particular automation and Al) spawn prosperity as opposed to eliminate jobs? Give concrete examples

What is your perspective on how technology can enable people to co-create solutions that are good for their communities, the economy and the world?

All the best!


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