Peter F. Drucker
PETER FERDINAND DRUCKER
Peter Ferdinand Drucker (November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, and he invented the concept known as management by objectives.
INTRODUCTION
drucker's books and scholarly and popular articles explored how humans are organized across the business, government, and non-profit sectors of society. he is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. his writings have predicted many of the major developments of the late twentieth century, including privatization and decentralization; the rise of japan to economic world power; the decisive importance of marketing; and the emergence of the information society with its necessity of lifelong learning. in 1959, drucker coined the term “knowledge worker" and later in his life considered knowledge worker productivity to be the next frontier of management.[4] peter drucker gave his name to three institutions: the drucker institute and the peter f. drucker and masatoshiito graduate school of management, both at claremont graduate university, and the peter f. drucker academy. the annual global peter drucker forum in his hometown of vienna, honor his legacy.
KEY IDEAS
1. Nature of management:
Peter Drucker is against bureaucratic management & has emphasised management with creative & innovative characteristics. The basic objective of management is to lead towards innovation. The concept of innovation is quite broad. It may include development of new ideas, combining of old & new ideas, adaptation of ideas from other fields or even to act as a catalyst & encouraging other to carry out innovation. He has treated management as a discipline as well as a
Peter Ferdinand Drucker (November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, and he invented the concept known as management by objectives.
INTRODUCTION
drucker's books and scholarly and popular articles explored how humans are organized across the business, government, and non-profit sectors of society. he is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. his writings have predicted many of the major developments of the late twentieth century, including privatization and decentralization; the rise of japan to economic world power; the decisive importance of marketing; and the emergence of the information society with its necessity of lifelong learning. in 1959, drucker coined the term “knowledge worker" and later in his life considered knowledge worker productivity to be the next frontier of management.[4] peter drucker gave his name to three institutions: the drucker institute and the peter f. drucker and masatoshiito graduate school of management, both at claremont graduate university, and the peter f. drucker academy. the annual global peter drucker forum in his hometown of vienna, honor his legacy.
KEY IDEAS
1. Nature of management:
Peter Drucker is against bureaucratic management & has emphasised management with creative & innovative characteristics. The basic objective of management is to lead towards innovation. The concept of innovation is quite broad. It may include development of new ideas, combining of old & new ideas, adaptation of ideas from other fields or even to act as a catalyst & encouraging other to carry out innovation. He has treated management as a discipline as well as a