Peter drucker contribution to management
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Peter Drucker
American business consultant and author (1909–2005)
Peter Ferdinand Drucker (; German:[ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and invented the concepts known as management by objectives and self-control,[1] and he has been described as "the champion of management as a serious discipline".
Drucker's books and articles, both scholarly and popular, explored how humans are organized across the business, government, and nonprofit sectors of society.[3] 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 t
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Peter Drucker, widely regarded as the Father of Management, created many ways of doing things in the workplace that we now take for granted
Many policies in business and management are taken for granted, so much so that they have become seemingly obvious tactics for success. For example, although it is widely acknowledged that employees are an organisation’s greatest asset, and that companies require a healthy balance of meeting short-term needs while aspiring to long-term goals, there was a time when such insights were not engrained in business rhetoric. Someone had to profess them, publish them and develop management as a discipline in the first place. That person was Peter Drucker.
Born in Vienna in 1909, Drucker’s childhood played an undeniable influence in his later career. The son of Adolf (a senior government official) and Caroline (one of the first women to study medicine in Austria), Drucker grew up in an intellectual household. From an early age, his parents allowed him to join the evening soirees hosted at the family home, whose attendees included renowned economist
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