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Purpose

Provides lessons in strategic agility from the presentations of two Drucker Forum thought leaders at the annual conference in Vienna in November.

Design/methodology/approach

Summarizes the Drucker Forum conference presentations of Steve Blank, a Silicon Valley serial-entrepreneur, and Professor Carlota Pérez.

Findings

Blank warns that, “Companies and government organizations are discovering that innovation activities without a defined innovation pipeline are likely to result in innovation theater.” 10; 10;Pérez believes the world has an historic opportunity to turn our environmental problems into economic solutions.

Practical implications

Pérez warns “Business is trapped in the illusion that a minimal state is always best.”

Originality/value

Steve Denning highlights paradigm shifting lessons that Blank and Pérez have to offer managers.

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