Wednesday, March 19, 2014

Creative Destruction

The ongoing challenge will be to craft the new structures, processes, "rules of the road."  Economist Joseph Schumpeter termed this process "Creative Destruction."  He was at Harvard and taught about this in the 1920's.  Peter F. Drucker further popularized this concept, and it finds expression in our course with the mind set about seizing opportunities - the future - and not fixing problems, the leftovers of yesterday.  Such theoretical frameworks help us to keep our balance during changing times, such as ours is.  Dr. Rux

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