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Is business a living machine? The capitalist-enterprise model is broken

The capitalist-enterprise model is broken. It focuses on shareholders, but those who aspire, dream, sweat and yearn are usually not the shareholders, but its employees and vendors

A high-level government committee has raised  concern over continued delays in payment  to companies in the production-linked incentive (PLI) schemes, Business Standard has learnt. PSU
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R Gopalakrishnan

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For over 50 years, almost every practitioner of business management has probably been a fan of Peter Drucker. I am, therefore, like a bhakt in a temple town as I visit his birthplace, Vienna, to participate in the “Davos of Management”. The Global Peter Drucker Forum and the Living Machine Institute in Austria have joined forces to reframe “The Next Management”, titled “The India Way: Humanism, Longevity, and Compounding Returns”. In recent times, more people have been struck that the capitalist-enterprise model, seeded in America, is perhaps broken. What is the model? Why is it thought to be broken?
 
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