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This recording is a summary of “The New Realities”. A narrator gives the summary followed by an interview with Peter Drucker. This Fast Track mainly covers issues and trends that will impact business and society in the following decade. According to the book, the biggest change is going to be the shift to the knowledge worker. Knowledge workers know more in their specialty than their boss does, they have to be treated more like colleagues than subordinates. Leading a group of knowledge workers is compared to conducting an orchestra, and making sure the skills of each individual contribute and work well together as a whole. The future information based organization will likely be more like hospitals and universities with many specialists who direct their own performance. One can also fully expect upcoming entrepreneurial times will be notable for social innovations as well as technology and material products. For many specialists the only meaningful opportunities appear to be promotions into management positions. Compensation and reward structures, as well as social opinion are biased towards such positions. Drucker states in his interview that, “present emphasis on leadership is a very dangerous misdirection” and more value should be placed on teamwork.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Government agencies Political science Economics Business Technology Knowledge workers Knowledge and learning Entrepreneurship Inventions Automation General Motors Company Books Soviet Union Power (Social sciences) Education Values Information technology Manufacturing industries Manual workers Social classes Diagnosis Research Leadership Japanese Teams in the workplace Organized abandonment
MiniDisc: Fasttrack TNR July 1989; Box 89, minidiscs and floppies