‘Theory of maximising shareholder value has done great harm to businesses’


English: prof. Philip Kotler at Warsaw

English: prof. Philip Kotler at Warsaw (Photo credit: Wikipedia)


He is 81 and still going strong. His Marketing Management, the textbook for scholars, is now in its thirteenth edition and still remains an essential read for anyone who hopes to get an MBA degree. He’s often called the ‘father of marketing’ — something he regards as a compliment, while at the same time ceding the title of the ‘grandfather of marketing’ to management thinker Peter Drucker. Meet Philip Kotler, the SC Johnson & Son Distinguished Professor of International Marketing at Northwestern University’s Kellogg Graduate School of Management in Chicago, and, in the words of Management Centre Europe, “the world’s foremost expert on the strategic practice of marketing”. In this freewheeling interview with Vivek Kaul, Kotler discusses all things marketing and then some.


Read more here…