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A Copernican Revolution
in Management
“
Michael Porter
Professor,
Harvard Business School
The goal of the firm is to maximize short-
term shareholder value
“To describe the innovation initiated by Copernicus as the
simple interchange of the position of the earth and sun is to
make a molehill out of a promontory in the development of
human thought. If Copernicus' proposal had had no
consequences outside astronomy, it would have been
neither so long delayed nor so strenuously resisted.
Thomas Kuhn, 1957
A Fourth Industrial Revolution
100 year old management theories
from the Industrial Revolution will
not survive in the Digital Age and as
we enter the age of IoT and cyber-
physical systems.
Organizations are complex,
adaptive, human systems.
We need new forms of leadership to
survive.
Thank You!

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Copernican Revolution in Management (Lightning Talk)

  • 2. “ Michael Porter Professor, Harvard Business School The goal of the firm is to maximize short- term shareholder value
  • 3. “To describe the innovation initiated by Copernicus as the simple interchange of the position of the earth and sun is to make a molehill out of a promontory in the development of human thought. If Copernicus' proposal had had no consequences outside astronomy, it would have been neither so long delayed nor so strenuously resisted. Thomas Kuhn, 1957
  • 4.
  • 5. A Fourth Industrial Revolution 100 year old management theories from the Industrial Revolution will not survive in the Digital Age and as we enter the age of IoT and cyber- physical systems. Organizations are complex, adaptive, human systems. We need new forms of leadership to survive.