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Peter F. Drucker on the Network Economy
book

Peter F. Drucker on the Network Economy

by Peter F. Drucker
May 2020
Intermediate to advanced content levelIntermediate to advanced
336 pages
7h 51m
English
Harvard Business Review Press
Content preview from Peter F. Drucker on the Network Economy

CHAPTER TWO

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Planning for Uncertainty

UNCERTAINTY — IN THE ECONOMY, society, politics—has become so great as to render futile, if not counterproductive, the kind of planning most companies still practice: forecasting based on probabilities.

Unique events, such as the Perot phenomenon or the dissolution of the Soviet empire, have no probability. Yet executives have to make decisions that commit to the future current resources of time and money. Worse, they have to make decisions not to commit resources—to forgo the future. The lengths of such commitments are steadily growing: in strategy and technology, marketing, manufacturing, employee development, ...

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Publisher Resources

ISBN: 9781633699564