Business Strategy Essentials Presented by Peter Drucker
The Successful Acquisition
Length: 1.0 hour
Peter F. Drucker enlightens the user to the six rules of acquisitions. His rules include: strategies, contributions from both parties, core unity, values, management, and promotion. He covers these topics and more with enriching and though-provoking case studies.
Alliances: The Rules for Successful Partnerships
Length: 1.0 hour
Mergers, acquisitions, and divestitures have been around for a long time. Alliances are fairly new; but in a short amount of time, they have become commonplace throughout ever market, every industry, and every region. In this course, you will learn the dos and don’ts of alliances. Through colorful anecdotes and personal insights, Peter Drucker shows why organizations enter into alliances and how alliances can be structured and operated for success.
The Five Deadly Business Sins
Length 1.0 hour
The course discusses what Dr. Drucker has identified as the five deadly business sins: the worship of high profit margins and premium prices; charging for new products “what the market will bear;” cost-driven pricing; slaughtering tomorrow’s opportunities on the altar of yesterday; and feeding problems and starving opportunities. Through the analysis of these topics, users are taught how to avoid myopic management philosophies and promote rather than impede their organization’s growth.
Permanent Cost Control
Length 1.0 hour
Over the past couple of decades, corporate downsizing has made major headlines. Organizations of all sizes and in all industries claim that they have had to cut their workforces in order to cut costs. Yet few of these organizations have realized any permanent cost savings. In fact, most see their costs rise to pervious levels within a short time after announcing the cutbacks. During this period, morale and productivity inevitably suffer as those employees who survived the previous cutback, fear for their jobs the next time around. In this course, you will learn how to prevent cost inflation, eliminate cost centers, determine cost-effective contributions, and make cost control a permanent feature of your organization.
Entrepreneurial Strategies
Length: 1.0 hour
New products and new services are crucial to the continued survival and success of every organization. Yet so often, these new offerings fail. As Peter Drucker explains in this course, the high failure rate of new products and services is totally unnecessary. “Much of the failure rate is the result of ignorance of the entrepreneurial strategies. There are only a small number of such strategies. The choice between them is risk-taking decision. But providing only that the new product or service is indeed a healthy baby, the right entrepreneurial strategy has a very high chance of success.” In this course, you will learn the seven entrepreneurial strategies.