Brewed Fresh Daily

From Fast Company's blog:

"'The New Economy,' leadership guru Warren Bennis in On Becoming a Leader, 'was fueled by intellectual capital, as the economy of the 21st Century will be. The days when a company's most important assets are buildings and equipment are gone forever. Ideas are now the acknowledged engine and currency of the global economy. For leaders, and would-be leaders, the take-home lesson of the New Economy is that power follows ideas, not position.'"

In another article from September's issue (which isn't online yet) FC talks to B school deans about the changes they're making. From Patrick Harker of the Wharton School:

We just completed the largest business-school fund-raiser ever. In six years, we raised more than $425 million. [BFD: sounds like the convention center budget. If we start now, we might get one 6 years from now] The campaign was the effort of an incredible team, but one that had to be directed. I took charge of it three years ago when I became dean. My challenge was to create an environment where everybody felt included. With this kind of campaign, the tendency is to read out to senior people I made it a priority to energize the next generation of alumni leadership. When you seek out junior voices, two things surprise you: how much these young alumni have to say and how important it is. At the same time, so many of them - people who have achieve extraordinary success - feel as though they're not being taken seriously. I've learned that lesson multiple times during my career, and it's about listening to what I call "the voice of David". It's actually a tradition in Benedictine monasteries. When a decision has to be made, the abbot asks each monk's opinion, starting with the youngest. The order is intentional. In the Bible, nobody listens to David. There were plenty of gizmos with which to fight Goliath, and David was dismissed as a punk kid with a slingshot. In the end, the kid was right. When I've made a good decision, it's because I've listened to the voice of David. When I've made a poor decision, I haven't taken the time to listen.

I also like what the dean has to say about coffee. BFD strongly recommends you get your own subscription to Fast Company