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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