The management guru,The man who revolutionized management to a production oriented platform, had discussed strategies that outshines among many well known industrialist today.There are whole lot of things that can be learned form this man to develop an organization culture that strives to generate profit efficiently and effectively.
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PETER DRUCKER
1.
2. INTRODUCTION
Peter Ferdinand Drucker (November
19, 1909 – November 11, 2005) was an
Austrian-born American management
consultant, educator, and author.
Father of Modern Management.
3. IMPORTANT DATES
November 19, 1909: Born in Vienna, Austria to Adolph and Caroline Drucker.
His father is an economist and a lawyer and his mother a medical doctor.
1929: Writes an article that appears on Oct 15 in a prestigious magazine
“Frankfurter Zeitung”
1929: Becomes senior editor for finance at the Frankfurter General Anzeiger
newspaper.
1931: He also earned a doctorate in international law and public law from
the University of Frankfurt.
1933: Moves to London after declining to join Nazi Party.
1937: Marries Dorris Schmitz a former student at the London School of
Economics where he was a substitute professor.
1937: Moves to US where he begins to write for the American Press.
Drucker’s first major work, The End of Economic Man, was published in 1939.
After reading it, Winston Churchill described Drucker as “one of those writers
to whom almost anything can be forgiven because he not only has a mind of
his own, but has the gift of starting other minds along a stimulating line of
thought.”
4. IMPORTANT DATES
1939: Becomes part time teacher of economics at Sarah Lawrence College in
Bronxville, New York but is fired shortly after refusing to sign a petition in support of
communism. Professor of politics and philosophy at Bennington College from 1942 to
1949
1942: Publishes second book, The future of Industrial Man. Gets invited by Alfred
Sloan (chief of GM) to study GM which changes Drucker’s life forever.
1945: Publishes the seminal Concept of the Corporation which draws potrait of GM.
1950-1971: Professor of management at the Graduate Business School at New York
Univeristy.
1954: Publishes The Practice of Mangement, he’s credited for transforming
management into discipline.
1966: Publishes The Effective Exective
1975-1995: Write monthly column for The Wall Street Journal.
1971-2005: He was the Clarke Professor of Social Science and Management
at Claremont Graduate University.
Claremont Graduate University's management school was named the Peter F.
Drucker Graduate School of Management in his honor in 1984 (later renamed
the Peter F. Drucker and Masatoshi Ito Graduate School of Management).
Drucker died November 11, 2005 in Claremont, California of natural causes at 95.
7. AWARDS
Peter Drucker was awarded the Presidential Medal of
Freedom by U.S. president George W. Bush on 9th
JULY,2002.
HONOURS
Drucker was the honorary chairman of the Peter F.
Drucker Foundation for nonprofit Management, now
the Leader to Leader Institute, from 1990 through
2002.
In 1969 he was awarded NYU’s highest honor, the
NYU Presidential Citation.
Inducted into the Junior Achievement U.S. Business
Hall of Fame in 1996.
Holds 25 honorary doctorates from American, Belgian,
Czech, English, Spanish and Swiss Universities.
8. CONCLUSION
Over the course of nearly a century, Drucker has succeeded in elevating
management from the unknown to an art that has the potentially
transformed “a mob into an organization, and human efforts into
performance.
Drucker is the person who has gifted a lot milestone to the field of
management. In our personal view, we deeply adore him for his
contribution made to the world of management. And we, to become a
good managers would take this as a privilege to imbibe within us his
concept and contributions to the world of management.