31 Jan TOP MANAGEMENT GURUS ANTICIPATE THE RISE OF AI, FUTURE OF WORK DISRUPTIONS AND TECHNOLOGY TRENDS
Like strategy consultants are aware, famous management gurus are advisors or consultants who are considered an expert on executive techniques, leadership, organizational behavior, and business strategy. Top experts have usually had extensive real-world experience managing companies or organizations, and as management gurus often write books or articles sharing their knowledge and advice. The term “guru” suggests these individuals have unique insights to offer business leaders looking to improve their organizations.
Well-known management gurus emerged particularly during the late 20th century as interest grew rapidly in new management theories and the factors that make companies successful in competitive global markets. Writers like Peter Drucker, Tom Peters, Jim Collins and Gary Hamel became famous for their ideas about leadership, innovation, corporate culture, quality control, and other critical aspects of business management. The rapid growth in business education programs and explosion in management literature also contributed to the rise of management gurus and celebrities.
Today, companies frequently bring in management gurus as keynote speakers, consultants or advisors when they undertake major change initiatives. A top expert may help set strategy, facilitate executive planning sessions, provide advice on restructuring, or assist with rollout of new processes like Six Sigma or Lean. Pros’ role is to provide expertise and outside perspective, challenging assumptions and sharing best practices gleaned from extensive experience.
While famous management gurus like the late C.K. Prahalad or Jim Collins continue to be influential, younger lesser known experts have also joined their ranks. And with online publishing and social media enabling rapid sharing of ideas, it has become easier for innovative management thinkers to gain an audience. At the same time, being a true guru still requires demonstrating real insight over the long-term. Short-lived fads don’t produce gurus. The best management gurus offer wisdom that stands the test of time in strengthening organizations of all kinds.
So in essence, a management guru is someone who has cultivated uncommon depth of perspective and expertise around how organizations succeed and leaders drive change. Companies look to these management advisors for inspiration and ideas when aiming to improve. A select few gurus emerge over time with truly valuable wisdom to which managers continue referring for guidance through ever-new challenges.