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PETER DRUCKER ARTICLE DISCUSSION QUESTIONS
1) What term is Drucker credited with coining?
2)What is Drucker's true legacy?
3) Where was Drucker born?
4) Where did Drucker earn his doctorate?
5) What corporation did Drucker spend 2 year studying in the 1940's?
6) What university's management school was named in Drucker's honor in 1987?
7) What view is central to Drucker's philosophy?
8) What was Drucker awarded in July 2002?
                                      CHAPTER 1 DISCUSSION QUESTIONS
1) In your opinion, what organization is successful? In your opinion, what makes the organization successful?
2) In your own words (do not look in a dictionary), define "management.“
3) In your opinion, what has caused management to evolve in the US?
4) What is the Silent Revolution?
5) Summarize what happened during each of the 5 fronts of the Silent Revolution.
6) What are the 3 fastest-growing consumer purchases today?
7) Home Depot passed all its logistics issues off to what company?
8) What innovative group in northern California is trying to find a cure for multiple sclerosis?
9) In Druker's opinion, how did the Americans win the Gulf War in 1991? In his opinion, how will the war on
       terrorism be won?

10) What does the author mean when she states, "in the 21st century, businesses exist in a Lego world?"
IN YOUR OPINION, WHAT ORGANIZATIONS ARE
            SUCCESSFUL? WHY?




WHAT MAKES AN ORGANIZATION SUCCESSFUL?
SUCCESSFUL BUSINESS ATTRIBUTES
1) CUSTOMER SATISFACTION
2) CUSTOMER LOYALTY
3) PROFITABILITY

TOP 3 MOST PROFITABLE COMPANIES IN 2011.




1: $30+ BILLION   2: $19+ BILLION   3: $19+ BILLION
4) MARKET SHARE

WHAT COMPANY IS THE   WHAT COMPANY IS THE
 LEADER IN MARKET      LEADER IN MARKET
 SHARE IN THE FAST-    SHARE IN THE BEER
  FOOD INDUSTRY?          INDUSTRY?




          13%                 25%
5) BRAND RECOGNITION
6) PERCEIVED VALUE
PETER DRUCKER
                “THE GODFATHER OF MANAGEMENT”




                MAIN BELIEFS ABOUT MANAGEMENT:
1) PEOPLE ARE AN ORGANIZATION’S MOST VALUABLE ASSET.
2) THERE IS NO BUSINESS WITHOUT A CUSTOMER.
MANAGEMENT
•   “THE ACT OF GETTING PEOPLE TOGETHER TO ACCOMPLISH DESIRED GOALS.”
       •   IT IS ABOUT GETTING THE BEST OUT OF PEOPLE.
       •   IT IS A PROFESSION LIKE MEDICINE OR LAW.
6 FUNCTIONS OF MANAGEMENT:
•   PLANNING: DECIDING WHAT NEEDS TO HAPPEN IN THE FUTURE & GENERATING
    PLANS FOR ACTION.
•   ORGANIZING: MAKING OPTIMUM USE OF THE RESOURCES REQUIRED TO ENABLE
    THE SUCCESSFUL CARRYING OUT OF PLANS.
•   STAFFING: JOB ANALYZING, RECRUITMENT, & HIRING INDIVIDUALS FOR
    APPROPRIATE JOBS.
•   LEADING: EXHIBITING SKILLS IN ORDER TO ENCOURAGE OTHERS TO PLAY AN
    EFFECTIVE ROLE IN THE ORGANIZATION.
•   CONTROLLING: MONITORING & CHECKING PROGRESS AGAINST PLANS, WHICH
    MAY NEED MODIFICATION BASED ON FEEDBACK.
•   MOTIVATING: THE PROCESS OF STIMULATING AN INDIVIDUAL TO TAKE ACTION &
    ACCOMPLISH A DESIRED GOAL.

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Drucker chapter 1

  • 1. PETER DRUCKER ARTICLE DISCUSSION QUESTIONS 1) What term is Drucker credited with coining? 2)What is Drucker's true legacy? 3) Where was Drucker born? 4) Where did Drucker earn his doctorate? 5) What corporation did Drucker spend 2 year studying in the 1940's? 6) What university's management school was named in Drucker's honor in 1987? 7) What view is central to Drucker's philosophy? 8) What was Drucker awarded in July 2002? CHAPTER 1 DISCUSSION QUESTIONS 1) In your opinion, what organization is successful? In your opinion, what makes the organization successful? 2) In your own words (do not look in a dictionary), define "management.“ 3) In your opinion, what has caused management to evolve in the US? 4) What is the Silent Revolution? 5) Summarize what happened during each of the 5 fronts of the Silent Revolution. 6) What are the 3 fastest-growing consumer purchases today? 7) Home Depot passed all its logistics issues off to what company? 8) What innovative group in northern California is trying to find a cure for multiple sclerosis? 9) In Druker's opinion, how did the Americans win the Gulf War in 1991? In his opinion, how will the war on terrorism be won? 10) What does the author mean when she states, "in the 21st century, businesses exist in a Lego world?"
  • 2. IN YOUR OPINION, WHAT ORGANIZATIONS ARE SUCCESSFUL? WHY? WHAT MAKES AN ORGANIZATION SUCCESSFUL?
  • 6. 3) PROFITABILITY TOP 3 MOST PROFITABLE COMPANIES IN 2011. 1: $30+ BILLION 2: $19+ BILLION 3: $19+ BILLION
  • 7. 4) MARKET SHARE WHAT COMPANY IS THE WHAT COMPANY IS THE LEADER IN MARKET LEADER IN MARKET SHARE IN THE FAST- SHARE IN THE BEER FOOD INDUSTRY? INDUSTRY? 13% 25%
  • 10. PETER DRUCKER “THE GODFATHER OF MANAGEMENT” MAIN BELIEFS ABOUT MANAGEMENT: 1) PEOPLE ARE AN ORGANIZATION’S MOST VALUABLE ASSET. 2) THERE IS NO BUSINESS WITHOUT A CUSTOMER.
  • 11. MANAGEMENT • “THE ACT OF GETTING PEOPLE TOGETHER TO ACCOMPLISH DESIRED GOALS.” • IT IS ABOUT GETTING THE BEST OUT OF PEOPLE. • IT IS A PROFESSION LIKE MEDICINE OR LAW. 6 FUNCTIONS OF MANAGEMENT: • PLANNING: DECIDING WHAT NEEDS TO HAPPEN IN THE FUTURE & GENERATING PLANS FOR ACTION. • ORGANIZING: MAKING OPTIMUM USE OF THE RESOURCES REQUIRED TO ENABLE THE SUCCESSFUL CARRYING OUT OF PLANS. • STAFFING: JOB ANALYZING, RECRUITMENT, & HIRING INDIVIDUALS FOR APPROPRIATE JOBS. • LEADING: EXHIBITING SKILLS IN ORDER TO ENCOURAGE OTHERS TO PLAY AN EFFECTIVE ROLE IN THE ORGANIZATION. • CONTROLLING: MONITORING & CHECKING PROGRESS AGAINST PLANS, WHICH MAY NEED MODIFICATION BASED ON FEEDBACK. • MOTIVATING: THE PROCESS OF STIMULATING AN INDIVIDUAL TO TAKE ACTION & ACCOMPLISH A DESIRED GOAL.