Management Lessons from the Great Explorers

The early explorers were the supreme users of management practices that have been formalized today. Management Lessons from the Great Explorers selects the most famous explorers to discuss and analyze the good and bad management practices they used before, during, and after their expeditions. The book helps managers to manage unexpected and potentially catastrophic risks, set goals that open up new horizons, communicate effectively with team members, lead teams through hardships and difficulties, and learn from experience.

Format: Hardback
Length: 142 pages
Publication date: 21 February 2022
Publisher: Taylor & Francis Ltd

The early explorers, from the pioneering era to the early part of the last century, were the pioneering users of formalized management practices that we recognize today. Their expeditions showcased all the hallmarks of a business venture, including goal setting, strategic planning, resource allocation, risk management, talent retention, competitor engagement, and numerous other critical aspects.

During their actual expeditions, the leaders encountered a multitude of risks, challenges, and conflicts that continue to test the skills of even the most seasoned leaders across various industries, from small startups to large corporations. These challenges ranged from small-scale logistical hurdles to significant geopolitical obstacles, requiring them to make swift and decisive decisions under pressure.

Similar to all projects and business ventures, the expeditions pursued their objectives, achieving partial or complete success, surpassing expectations, or failing outright. The outcomes of these ventures not only shaped the course of history but also provided valuable insights into management principles that have stood the test of time.

Management Lessons from the Great Explorers delves into the lives and expeditions of some of the most renowned and controversial explorers in history. Each chapter offers a historical backdrop about a specific explorer, detailing their achievements, challenges, and impact on the world. The chapters then examine the management challenges faced by the explorers during their planning and execution, highlighting their successes and failures from a management perspective.

The book aims to equip managers with valuable tools and strategies to navigate the complexities of modern business. By drawing upon the experiences of these historical figures, managers can learn from the mistakes and triumphs of the past, apply them to their own endeavors, and achieve greater success in their professional careers.

Some of the key lessons learned from the book include:

Learning from Experience: The explorers' experiences, both successful and unsuccessful, provide valuable lessons for managers. By studying their mistakes and successes, managers can gain insights into what works and what doesn't, and apply these lessons to their own business undertakings.

Having a Strong Sponsor and Team: The expeditions were often supported and funded by powerful individuals, governments, or organizations. Managers can learn from the importance of having a strong sponsor and building a cohesive team that shares a common vision and mission.

Relying on Data and Information: The explorers relied on extensive research, maps, and scientific data to plan and execute their expeditions. Managers can apply this lesson by leveraging data and information to make informed decisions and optimize their operations.

Applying Risk Management and Adapting to Change: The explorers faced numerous risks and uncertainties during their expeditions, requiring them to implement risk management strategies and adapt to changing circumstances. Managers can apply this lesson by identifying and mitigating potential risks, and being flexible and adaptable in their approach.

In conclusion, Management Lessons from the Great Explorers offers a unique and insightful perspective on management principles by examining the experiences of historical explorers. By learning from their mistakes and successes, managers can apply these lessons to their own business undertakings and achieve greater success in today's competitive landscape.

Weight: 440g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032190952