YOUR FUTURE BEGINS TODAY You can dream it. You can plan it. You can try to make it happen. But you can never really prepare for the future unless you have a future-focused mindset. That is the underlying message behind the inspiring words and wisdom of Peter Drucker, the legendary "father of modern management." Drucker believed that the future must be created--day by day, person by person--rather than be left to chance or fate. This powerful book by Drucker scholar and author Bruce Rosenstein incorporates the master's time-tested principles into a step-by-step daily plan that will change your life forever. Starting right now, you can: Create a future-focused mindset. Learn how to build a better tomorrow by taking steps today. Determine the future by what has already happened. Look for clues in the past to forecast the future. Become your own successor. Keep yourself in demand and in control of your destiny. Shape the future of your organization. Go beyond the planning stage and create real change. Build your future beyond your current workplace. Identify challenges and opportunities in all aspects of your life. Whether you're a recent college graduate faced with a difficult job market, an ambitious entrepreneur trying to anticipate the Next Big Thing, or a struggling executive weathering a storm of constant global change, Drucker's surprisingly timely approach to the future will guide you through anything the world throws at you. You'll discover creative techniques for rolling with the punches and landing on your feet, open-minded strategies for turning your ideas into action, and the latest tools for adapting to new technologies like social media and Internet marketing. You'll find inspiring advice and insights drawn from personal interviews with Drucker himself and some of the greatest business leaders of our time. Most importantly, you'll develop your own exciting, forwardthinking approach to the future that will dramatically alter your life, inside and outside the office. This is how you take charge of your destiny. This is how you make your dreams come true. This is how to Create Your Future the Peter Drucker Way. PRAISE FOR CREATE YOUR FUTURE THE PETER DRUCKER WAY: "Rosenstein skillfully draws on both his own wisdom and that of his mentor to deliver a plan for individuals and businesses in creating a future rich in personal and professional success. Leave your compass at home; all you need is Rosenstein's new book!" -- MARSHALL GOLDSMITH, million-selling author of the New York Times bestsellers, MOJO and What Got You Here Won't Get You There "Create Your Future the Peter Drucker Way presents Peter Drucker as a role model for designing and living your own future, beginning in the here and now. The book has expanded my understanding of Drucker's work and I'm confident it will do the same for you." -- CHIP CONLEY, founder and former CEO of Joie de Vivre Hospitality; author of New York Times bestseller Emotional Equations "Rosenstein has opened the door to an important and often misunderstood area of Drucker's work--why an understanding of the future is so critical for our development as leaders. It confirms my belief of a bright future ahead." -- FRANCES HESSELBEIN, President and CEO, The Frances Hesselbein Leadership Institute "In this concise and compelling book, Rosenstein provides a unique contribution: mining the nuggets of Peter Drucker's most important work about the future and presenting them in a brief, accessible format. Bruce is the ideal person to make Peter's work useful and valuable in this way." -- BOB BUFORD, Chairman Emeritus, Board of Advisors of The Drucker Institute; author of Halftime
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Bruce Rosenstein is managing editor for Leader to Leader and the author of Living in More Than One World: How Peter Drucker's Wisdom Can Inspire and Transform Your Life.
Preface, ix,
Chapter 1 Create a Future-Focused Mindset, 1,
Chapter 2 Determine the Future That Has Already Happened, 31,
Chapter 3 Become Your Own Successor, 61,
Chapter 4 Shape the Future of Your Organization, 95,
Chapter 5 Build Your Future Beyond Your Current Workplace, 127,
Conclusion: Your Future Begins Today, 159,
A Selected Reader's Guide to Drucker's Writings on the Future, 161,
Online Resources, 165,
Index, 187,
CREATE A FUTURE-FOCUSED MINDSET
People must take as much control of their own future as possible. Increasingly even long-lived institutions have become unstable, and many companies can't or won't provide the security that earlier generations of workers could count on. Gone are the days when you could take for granted corporate or even government benefits.
In their 2010 book The Truth about Leadership, top leadership authors Jim Kouzes and Barry Posner write, "The capacity to imagine and articulate exciting future possibilities is the defining competence of leaders. Leaders are custodians of the future. They are concerned about tomorrow's world and those who will inherit it."
Peter Drucker's writing on the future was sharp and perceptive. In helping you to best understand his approach to the subject, I have organized into a framework his ideas on the subject, beginning with what I believe are the 10 main elements, Drucker's core beliefs about the future. These elements, outlined below, can be applied by both individuals inside and outside the workplace, as well as by organizations, business or otherwise.
Most of the readers of this book will be what Drucker called "knowledge workers." You depend more on brains rather than brawn in your daily job. Your work centers on learning, conveying, applying, and developing knowledge, based on what you have learned throughout your life and what you will continue to learn. The portable and mobile nature of this knowledge meant, Drucker believed, that you own your own means of production. Knowledge workers are found in a variety of positions within business, academia, nonprofits, government, and related fields. They can be leaders and managers, scientists, doctors, lawyers, teachers, information technology workers, clergy, librarians, archivists, and many other professionals.
Peter Drucker 101
Peter Drucker (1909–2005) developed an approach and a mindset to the future that permeated his work as a writer, teacher, and consultant. His working life continued for more than 70 years. It encompassed writing more than 40 books, contributing regularly to such publications as the Harvard Business Review, Forbes, and the Wall Street Journal; consulting for companies, nonprofit organizations, and governments; and teaching at a school that eventually was named for him, the Peter F. Drucker and Masatoshi Ito Graduate School of Management, at Claremont Graduate University, in Claremont, California. He was awarded the Presidential Medal of Freedom, the nation's highest civilian honor, by President George W. Bush in 2002.
Drucker was born and raised in Vienna, went to college in Germany, then lived and worked for several years in London, before immigrating to the United States in 1937. He and his wife, Doris Drucker, were married for 68 years, with four children and six grandchildren.
Before moving to Claremont in 1971, he taught at (in reverse order) New York University, Bennington College, and Sarah Lawrence College.
While living in London, he began an intense, lifelong interest in Japanese art. He taught a course on the subject during the 1980s at Pomona College in Claremont. You can read the illuminating 18-page essay, "A View of Japan through Japanese Art," in the 1993 collection The Ecological Vision: Reflections on the American Condition. He and Doris developed an important collection, the Sanso Collection. I attended the opening of an exhibit, "Zen! Japanese Paintings from the Sanso Collection," at the Ruth Chandler Williamson Gallery at Scripps College on the Claremont campus during the beginning of the Drucker Centennial in 2009.
He had many other interests in life, including mountain hiking, music, and literature. He engaged in intense, three-year self-study projects until nearly the end of his life. And though most of his books were either about business or societal issues, he even wrote two novels, The Last of All Possible Worlds (1982) and The Temptation to Do Good (1984).
His influence remains strong, and his ideas continue to reverberate throughout social media all day, every day. A number of books about him have been published since his death. For the 100th anniversary of his birth, there was a major, yearlong commemoration, the Drucker Centennial, at the Drucker School and the Drucker Institute. It began in November 2009 and ended in 2010. I was privileged to participate in 2010, as part of a panel of authors who had written Drucker-themed books.
In 2009 the Harvard Business Review published an extensive, 19-page cover feature, "The Drucker Centennial: What Would Peter Do?" It included articles by luminaries such as Harvard Business school professor and best-selling author Rosabeth Moss Kanter and brief "What I Learned from Peter Drucker" essays by Frances Hesselbein, A.G. Lafley (the recently returned chairman and CEO of Procter & Gamble), and Zhang Ruimin (CEO of Haier Group, China), among others.
At the same time, Leader to Leader published an entire special issue, "Celebrating the Peter F. Drucker Centennial," with articles by Hesselbein; Rick Wartzman, executive director of the Drucker Institute; Jim Collins, author of Good to Great; leadership guru Marshall Goldsmith, and others. And in spring 2009, the Journal of the Academy of Marketing Science also published an entire special issue, "A Tribute to Peter Drucker," which included Wartzman's interview of A. G. Lafley and an interview of Drucker by Drucker School professor Jenny Darroch, one of the editors of the issue.
Drucker's influence in Asia remains particularly strong, especially through the considerable efforts of organizations such as the Peter F. Drucker Academy (China), Peter F. Drucker Society of Korea, and the Drucker Workshop (Japan). I had the great privilege of being one of the main speakers at the workshop's seventh annual conference in Tokyo in May 2012.
The best-selling book in Japan in 2010, with more than two million copies sold, was a surprise hit: a novel based on Drucker's work, loosely translated as What If a Female Manager of a High School Baseball Team Read Drucker's "Management," by Natsumi Iwasaki. In 2011 Iwasaki joined the board of advisors of the Drucker Institute.
10 Elements of the Future
Drucker's approach to the future allowed for changing times and different eras. Within his work, the future is always "on" and always running, similar to a computer's operating system. My study of Drucker's teaching and writing about the future has led me to distill and delineate a number of elements, outlined below and throughout the book, that are crucial to understanding how he approached the future. Although he wrote and taught about these areas, he did not group them together in the manner I have done for this...
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