1
2
3
4
5
Digital Transformation (AI-enabled)?
2000 Disruptive Innovation
Intellectual Capital – Learning Organization
Rightsizing – Balanced Scorecard - EVA
1990 TQM – Reengineering – 7 Habits - Delayering
Downsizing – Customer Service - Benchmarking
Kaizen – Empowerment – Continuous Improvement
1980
Corporate Culture – Change Management - MBWA
Intrapreneuring - Relationship Marketing - Excellence
1970 Quality Circles – Diversification - One Minute Managing
Work Simplification – Needs Hierarchy – Statistical Process Control
Organizational Renewal - Value Chain – Portfolio Management
1960
Managerial Grid – Matrix – Hygienes & Motivators – Theory Z
Theory X & Y – Plan, Organize, Direct, Control - Human Relations
1950 Management By Objectives – Management science – Decision Tree
6
Timeline of Technological Revolutions
Technological Revolution Dominant U.S. Companies
(year founded)
1st wave: Water power and iron
Incubation: 1750s–1770
Installation: 1771–1793
Crisis/turning point: 1793–1797
Deployment: 1797–1829
Exhaustion: 1830–1840s
2nd wave: Steam power and railways Baltimore & Ohio Railroad (1827)
Incubation: 1790s–1829s Erie Railroad (1832)
Installation: 1829–1848 Pennsylvania Railroad (1846)
Crisis/turning point: 1848–1850
Deployment: 1850–1873
Exhaustion: 1873–1890s
3rd wave: Steel and electric power Bethlehem Steel (1857)
Incubation: 1850s–1875 Midvale Steel (1867)
Installation: 1875–1893 Carnegie Steel (1872)
Crisis/turning point: 1893–1895 (part of U.S. Steel as of 1901)
Deployment: 1895–1918
Exhaustion: 1918–1940s
Timeline of Technological Revolutions
Technological Revolution Dominant U.S. Companies
(year founded)
4th wave: Automobile and oil Ford (1903)
Incubation: 1880s–1908 General Motors (1908)
Installation: 1908–1929 Chrysler (1925)
Crisis/turning point: 1929–1944 (predecessor Maxwell in 1904)
Deployment: 1944–1974
Exhaustion: 1974–1980s
5th wave: Computers and telecom IBM (1911)
Incubation: 1950s–1971 Hewlett Packard (1939)
Installation: 1971–2001 Microsoft (1975)
Crisis/turning point: 2001/2008 Apple (1976)
Deployment: ? Google (1998)
Exhaustion: ?
7
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Professionally Revolutionizing cycle: Staff and line 1861
managed firm: Line and staff
Line and staff 1869
The rationalized The establishment of
management of specialized line and staff Organization chart 1889
Steam power and railways
a geographically managers, unrelated to the
dispersed owner, who would
enterprise responsibly administer a
large, complex firm
Balancing cycle: Employee benefit 1895
Industrial betterment
Industrial betterment 1899
The addition of a social
function among the staff Welfare work 1906
responsible for improving
Welfare secretary 1913
workers’ living and working
conditions
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Factory: Revolutionizing cycle: Scientific 1900
The unitary, Scientific management management
centralized Time and motion study, Taylorism 1896
organization incentive wages, and
Steel and electric power
structure workflow analysis as ways
to optimize and accelerate Standardization of 1914
production in a facility methods
Balancing cycle: Human relations 1929
Human relations
Making line managers and Group dynamics 1945
staff specialists
responsible for responding
to the alienation induced by Personnel counseling 1945
rationalized workstation
operations
8
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Corporation: Revolutionizing cycle: Profit center 1955
The multi- Strategy-and-structure
Operations research 1956
divisional Differentiating internal
Automobile and oil
mass-production structure and strategy so Corporate strategy 1965
corporation with as to support the
Multidivisional 1965
strategic production, marketing,
integration and sales of differentiated Matrix structure 1969
but operating products to different
autonomy in the types of customers Divisionalization 1971
divisions Management by 1972
objective
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Corporation: Balancing cycle: Job enrichment 1972
The multi- Quality management
Quality circle 1979
divisional Deploying a management
mass-production system to involve Corporate culture 1980
Automobile and oil
corporation with personnel at all levels in
Organizational 1992
strategic continuously improving
learning
integration product and process quality
but operating Total quality 1981
autonomy in the management
divisions Continuous 1986
improvement
Lean production 1988
9
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Network: Revolutionizing cycle: Business process 1991
Linking and Business process redesign
rationalizing Redesign of business Outsourcing 1991
processes across processes up and down
internal and the value chain, redrawing Horizontal 1991
external and bridging internal and organization
telecommunication
boundaries external boundaries
Computers and
Process 1991
improvement
Business process 1991
reengineering
Core competencies 1993
Business models 1994
Interfirm network 1995
Supply-chain 1996
management
Technological Revolutions, Models, and Concepts
Technology Organizational Dominant Management Management Concept Emergence
Revolution Paradigm Model and Key Elements Search Terms
Network: Balancing cycle: Knowledge 1996
Linking and Knowledge management management
telecommunication
rationalizing The cultivation of
Computers and
Intellectual capital 1997
processes across communities of practice in
internal and order to regain, retain, or Knowledge repository 1998
external improve the innovation Community of practice 1998
boundaries capacity of dispersed
employees. Agile 1998
Scrum 2005
10
Who are Gurus Guru?
The Harvard Business Review asked 200 management gurus - the business thinkers most
often mentioned in the media and management literature - who their gurus were.
Eight Mentions: Peter Drucker: Management theory
Seven Mentions: James G. March: Social scientist at Stanford
Six Mentions: Herbert Simon (1916–2001): Nobel laureate economist and organizational
theorist
Five Mentions: Paul Lawrence: Organizational researcher at Harvard Business School
Four Mentions: Richard Beckhard (1918–1999): Management theorist at MIT • Fernand
Braudel (1902–1985): French historian • Ian Koshnick: Attorney organizational designer at
the University of Maryland; Henry Mintzberg: Management writer and critic at McGill •
Joseph Schumpeter (1883–1950): Economist at Harvard • Karl Weick: Social psychologist
at the University of Michigan
Source: Harvard Business Review Survey (Dec.2003)
Who are Gurus Guru?
Three Mentions: Russell Ackoff: Operations and systems theorist at Wharton • Warren Bennis: Leadership
theorist and writer at the University of Southern California • Ronald Coase: Nobel laureate economist at
the University of Chicago • W. Edwards Deming (1900–1993): Statistician and quality consultant • Erving
Goffman (1922–1982): Sociologist • Gary Hamel: Consultant and management writer • Jay Lorsch:
Organizational researcher at Harvard Business School • Michael Porter: Professor of strategy and
competitiveness at Harvard Business School • C.K. Prahalad: Management theorist at the University of
Michigan • Jack Welch: Former CEO, General Electric • Oliver Williamson: Organizational economist at the
University of California, Berkeley
Two Mentions: Chris Argyris: Organizational psychologist at Harvard • Kenneth Arrow: Nobel laureate
economist at Stanford • Gregory Bateson (1904–1980): Anthropologist • Daniel Bell: Sociologist at Harvard
• John Seely Brown: Former chief scientist at Xerox • Alfred Chandler: Historian at Harvard Business School
• C. West Churchman: Systems theorist • Jim Collins: Management writer and consultant • Eric Erikson
(1902–1994): Psychological-growth theorist at Harvard • Michel Foucault (1926–1984): French polymath •
Anthony Giddens: British sociologist • Andrew Grove: Former CEO, Intel • Everett Hughes (1897–1983):
Sociologist • Michael Jensen: Organizational strategist and former professor at Harvard Business School •
Stuart Kauffman: Biologist, chaos and complexity theorist • Kurt Lewin (1890–1947): Social psychologist •
Karl Marx (1818–1883): German economist and social theorist • Douglas McGregor (1906–1964):
Management theorist at MIT • Robert K. Merton (1910–2003): Sociologist at Columbia • Geoffrey Moore:
Management writer and consultant • Richard Pascale: Management writer and consultant • Jeffrey Pfeffer:
Business professor at Stanford • Paul A. Samuelson: Nobel laureate economist at MIT • Edgar Schein:
Psychologist and management scholar at MIT • Adrian Slywotsky: Management writer and consultant •
Frederick Winslow Taylor (1856–1915): The “father of scientific management” • John Van Maanen:
Ethnographer at MIT • Sidney Winter: Economist at Wharton
11
“The Oscars of Management Thinking”
- The Financial Times
Launched in 2001, Thinkers50 was the first-ever global ranking of management
thinkers.
Published every two years since, and remains the premier ranking of its kind.
Founders, Stuart Crainer and Des Dearlove, are editors of the Financial Times
Handbook of Management.
The mission is based on three core beliefs:
Ideas have the power to change the world.
Management is essential to human affairs.
New thinking can create a better future.
Stuart Crainer Des Dearlove
Management Thinkers: 2023 Ranking
Adam Grant Andrew Winston & Amy Webb W. Chan Kim &
Amy Edmondson
Paul Polman Renée Mauborgne
#1 Amy Edmondson: Pioneer and champion of psychological safety, studies people, projects and
organizations to uncover the secrets of successful teaming.
#2 Adam Grant: Specialist in organizational psychology, focusing on originality, motivation, non-
conformity, generosity, meaningful work, and success.
#3 Andrew Winston & Paul Polman: Proving that organizational and personal success need not be at the
expense of the world.
#4 Amy Webb: Best-selling author and quantitative futurist researching emerging technology, business
and society.
#5 W. Chan Kim and Renée Mauborgne: Inventors of the ground-breaking “blue ocean strategy”, paving
the way for organizations to break out of fixed market boundaries and create a whole new space.
12
Management Thinkers: 2021 Ranking
Amy Edmondson Rita McGrath W. Chan Kim & Alex Osterwalder & Roger Martin
Renée Mauborgne Yves Pigneur
#1 Amy Edmondson: An American scholar of leadership, teaming, and organizational learning.
#2 Rita McGrath: Globally recognized expert on strategy, innovation, and entrepreneurship; champion of
harnessing disruptive influences for competitive advantage.
#3 W. Chan Kim and Renée Mauborgne: Inventors of the ground-breaking “blue ocean strategy”, paving
the way for organizations to break out of fixed market boundaries and create a whole new space.
#4 Alex Osterwalder & Yves Pigneur: The brains behind the world-renowned “business model canvas” -
instrumental in helping new businesses put strategy into practice.
#5 Roger Martin: Prolific researcher providing valuable insights in strategy, governance, democratic
capitalism, and social innovation.
Management Thinkers: 2019 Ranking
W. Chan Kim & Roger Martin Alex Osterwalder & Rita McGrath
Renée Mauborgne Yves Pigneur
#1 W. Chan Kim and Renée Mauborgne: Inventors of the ground-breaking “blue ocean strategy”, paving
the way for organizations to break out of fixed market boundaries and create a whole new space.
#2 Roger Martin: Prolific researcher providing valuable insights in strategy, governance, democratic
capitalism, and social innovation.
#3 Amy Edmondson: An American scholar of leadership, teaming, and organizational learning.
#4 Alex Osterwalder & Yves Pigneur: The brains behind the world-renowned “business model canvas” -
instrumental in helping new businesses put strategy into practice.
#5 Rita McGrath: Globally recognized expert on strategy, innovation, and entrepreneurship; champion of
harnessing disruptive influences for competitive advantage.
13
Lifetime Achievement Award 2023
Richard D’ Aveni
Richard D’Aveni is professor of strategic management at Tuck School of Business,
Dartmouth College. He is a winner of the prestigious A.T. Kearney research award
and consultant to organizations and individuals worldwide.
D’Aveni coined the phrase “hypercompetition” in the 1980s. He studies current
phenomena in order to understand the business world of the future. D’Aveni’s work
creates new tools, frameworks, and maps that help companies and governments
define their playing fields and determine their positioning. In his rigorous analysis of
3D printing he demonstrates how this new manufacturing technology could
influence our economic and geopolitical landscape.
Lifetime Achievement Award 2021
Philip Kotler
Philip Kotler is truly the father of modern marketing. Marketing
Management has been the marketing bible for generations of
students throughout the world.
He has carried on over many decades as a pioneer of marketing
in new industries and activities.
He has remained relevant, engaged and curious.
14
Lifetime Achievement Awards
Rosabeth Moss Kanter (2019) Tom Peters (2017) Michael Porter (2017)
Henry Mintzberg (2015) Ikujiro Nonaka (2015) Charles Handy (2011)
2023 Hall of Fame Inductees
Distinguished thinkers who have all made a lasting and vital impact on
how organizations are led and managed.
They are the giants upon whose shoulders managers and leaders stand.
Subir Chowdhury Avivah Wittenberg-Cox Carol Dweck Stew Friedman
Margaret Heffernan Maggie Lena Walker Michael D. Watkins
(1864-1934)
15
2021 Hall of Fame Inductees
Distinguished thinkers who have all made a lasting and vital impact on
how organizations are led and managed.
They are the giants upon whose shoulders managers and leaders stand.
Mary Gentile Reuel Khoza James Moore
Rosemary Stewart Sue Vinnicombe
2020 Hall of Fame Inductees
Richard A. D’Aveni Kathleen Eisenhardt Mary Parker Follett
Charles Clinton Spaulding David Teece George S. Yip
16
2019 Hall of Fame Inductees
Clayton Christensen Bill Fischer Vijay Govindarajan
Hermann Simon Don Tapscott Chris Zook
17
18
