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Peter Drucker Challenge Essay Competition 2020

SUBMISSION DEADLINE: JUNE 7, 4:00 PM (CET)


Welcome to the 11th edition of the international Drucker Challenge Essay Contest, on LEADERSHIP AND CRITICAL THINKING How to foster critical thinking skills in critical times? What makes someone an effective leader? For one thing, people look for leadership from those they trust to exercise good judgment. Not every decision can be simply data-driven; many involve difficult tradeoffs among competing priorities or calls that must be made based on limited information (as in making plans for the future). Great leaders are able to objectively analyze these complex and often politicized situations and arrive at their own conclusions. They have a high capacity, in other words, for critical thinking.



Your essay should offer a point of view on whether the emerging generation of leaders is being sufficiently prepared to exercise the critical thinking required of them. What conditions of the twenty-first century are making this more difficult—or in what ways is critical thinking better supported than in the past?

Showcasing your own powers of independent thought, your essay might address matters such as the following: How can one discern truth in the jungle of rumour, media, social media posts, websites, analytics, statistics, influencers, etc.? How do you develop, expand, retain critical thinking skills in yourself? What actions would you recommend to cultivate more critical thinking—whether at the level of the individual, the team, across society or cultures? How can we benefit from cultural differences in thinking styles-for example, between East and West? What lessons have you learned from observing leaders who have exercised good (or bad!) judgment?


Suggested reading: Peter DruckerManaging Oneself; The Effective Decision



PRIZES #PDC20


First Prize Winners of the Drucker Challenge 2020 (Those who are ranked nr. 1 in the Student or Professional category)



  • A cash prize of 1.500 EUR (to be handed over at Awards ceremony)


ADDITIONAL BENEFITS

  • Free participation and waived registration fee (regular fee +/- € 2,000) for the 12th Global Peter Drucker Forum to be held in Vienna on October 29-30, 2020 at the Imperial Palace (Hofburg) (including conference bag and brochure, buffet lunches, and coffee breaks at the conference venue)

  • Invitation to pre-conference events on October 28: Morning: Drucker Forum Specials (more to come) Afternoon: Drucker Challenge Get-Together (with a partner) – an opportunity to network with peers, Drucker Challenge team and Jury in a Viennese cosy atmosphere! Evening: Networking Reception at House of Industry (with partner) – opportunity to mingle with the Drucker Forum family

  • Invitation to the Gala event on October 29 with seated dinner and Awards ceremony (with a partner) Sightseeing or Museum tour with an experienced guide (upon request)

  • Opportunity to win the Special Recognition Award for the most original essay

  • Certificate with ranking on this website plus Drucker Forum newsletter and Forum Community newsletter. Your essay may be re-published by your university/company with credits given to Peter Drucker Society Europe

  • Invitation to join the exclusive Drucker Challenge Alumni Community on social media networks

  • One-year-all-access subscription to the Harvard Business Review

  • Ranking list and publication of essay

  • Funding for travel expenses: Your international travel and accommodation costs for attending the Forum will be reimbursed based on our travel process & policy. If you need a visa to travel to Austria, they will advise early travel arrangements.



Second and Third Prize Winners (Those who are ranked nr. 2 or nr. 3 in the Student or Professional category)


BENEFITS

  • Free participation and waived registration fee (regular fee +/- € 2,000) for the 12th Global Peter Drucker Forum to be held in Vienna on October 29-30, 2020 at the Imperial Palace (Hofburg) (including conference bag and brochure, buffet lunches, and coffee breaks at the conference venue). A special Young Generation Luncheon will be organized

  • Invitation to pre-conference events on October 28: Morning: Drucker Forum Specials (more to come) Afternoon: Drucker Challenge Get-Together (with partner) – opportunity to network with peers, Drucker Challenge team and Jury in a Viennese cosy atmosphere! Evening: Networking Reception at House of Industry (with partner) – opportunity to mingle with the Drucker Forum family

  • Invitation to the Gala event on October 29 with seated dinner and Awards ceremony (with partner)

  • Opportunity to win the Special Recognition Award for the most original essay

  • Certificate with ranking

  • Ranking list and publication of essay on the official website. Your essay may be re-published by your university/company with credits given to Peter Drucker Society Europe

  • Invitation to join the exclusive Drucker Challenge Alumni Community on social media networks

  • One-year-all-access subscription to the Harvard Business Review

  • Funding of travel expenses: Your international travel and accommodation costs for attending the Forum will be reimbursed based on our travel process & policy. If you need visa to travel to Austria, they will advise early travel arrangements.



Finalists Ranked Places 4 to 10

BENEFITS

  • Free participation and waived registration fee (regular fee +/- € 2,000) for the 12th Global Peter Drucker Forum to be held in Vienna on October 29-30, 2020 at the Imperial Palace (Hofburg) (including conference bag and brochure, buffet lunches, and coffee breaks at the conference venue). A special Young Generation Luncheon will be organized

  • Invitation to pre-conference events on October 28: Morning: Drucker Forum Specials (more to come) Afternoon: Drucker Challenge Get-Together (with a partner) – an opportunity to network with peers, Drucker Challenge team and Jury in a Viennese cosy atmosphere! Evening: Networking Reception at House of Industry (with a partner) – opportunity to mingle with the Drucker Forum family

  • Invitation to the Gala event on October 29 with seated dinner and Awards ceremony (with a partner)

  • Opportunity to win the Special Recognition Award for the most original essay

  • Certificate with ranking

  • Ranking list and publication of essay on the official website.

  • Invitation to join the exclusive Drucker Challenge Alumni Community on social media networks

  • One-year-all-access subscription to the Harvard Business Review

  • Funding of travel expenses: Your international travel and accommodation costs for attending the Forum will be reimbursed based on our travel process & policy. If you need a visa to travel to Austria, they will advise early travel arrangements.


Places 11 to 15 (all equal without ranking)

BENEFITS

  • If you qualified for the Second Round of judging without being selected as one of the 10 finalists, you will receive free participation and waived registration fee (regular fee +/- € 2,000) for the 12th Global Peter Drucker Forum to be held in Vienna on October 29-30, 2020 at the Imperial Palace (Hofburg), including conference bag and brochure, buffet lunches, and coffee breaks at the conference venue

  • You must make your own arrangements for travel and accommodation in order to attend the Forum. No cash refund.

  • However, you will be eligible to win the Special Recognition Award for the most original essay (with travel/accommodation reimbursement based on our travel process & policy)



RULES


General requirements

  • You must be 18-35 years old (inclusive of both ages)

  • You must have been selected no more than once (or not at all) among the top 10 since 2010

Essay category requirements You can submit one essay to participate as either a student or a professional (please mention your main occupation in the submission form)

Student category

  • You are a part-time or full-time student (bachelor, master, MBA, or PhD) or you are seeking your first opportunity after the completion of your last degree

Professional category

You are a

  • manager of people, projects, budgets, and/or processes

  • an entrepreneur or business owner

  • licensed professional

  • social volunteer or community leader


Keep to the essay format for submission

Words: 1500 to 3000 (excluding footnotes and any graphics) as PDF or word document Font size: 12 points Language: English

Anonymity Your name must not be included anywhere in the essay Exclusivity Entries must be produced exclusively by you (no group work) for the specific purpose of this competition, and must not have been published elsewhere.


SUBMIT YOUR ESSAY


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