‘Drucker Apps’ 9/25/09: Management Insights on the Lehman Bros. Collapse
This installment of Drucker Apps springs off of the anniversary of the collapse of Lehman Brothers – a firm that, like so many on Wall Street, forgot that fat profits mean nothing if the underlying business can’t be sustained. As Drucker has written: “The most critical management job is to balance short term and long term. In the long term, today’s one-sided emphasis is deleterious and dangerous.”
This edition of Drucker Apps includes:
- In the short run, we’re all dead
- Heal thyself
- A Fuld’s errand
- See no evil, hear no evil
To read the full Drucker Apps, click here.
Drucker Apps is distributed twice a month and available via download from our website or via our RSS feed.