Peter Drucker Dies

Peter Drucker died Friday at the age of 95. Drucker was a leading authority on how to recognize market opportunities and systematically take advantage of them. One of the key insights I learned from reading one of his books, Innovation and Entrepreneurship, is that disruptive technology is just one among many sources of innovation. Drucker maintains that entrepreneurial companies can reduce risk by pursuing opportunities purposefully and systematically.

For company executives, the significance of Drucker's insight is that creative ideas are only a very small part of a successful venture. You need to conduct market research to identify opportunities, and there is a scientific approach to this market research.

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Dancer Test

Are you left-brained or right-brained? Supposedly, your brain lateralization determines how you view this animation. Some people see her rotating clockwise. Others see her rotating counter-clockwise. Some see her unpredictably changing the direction of her rotation. Supposedly, people who see clockwise rotation are right brained. People who see counter-clockwise rotation are left brained. I originally came across this animation here .

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