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Peter Drucker

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Melissa da Costa

on 28 April 2014

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Transcript of Peter Drucker

Peter F.Drucker
Theresa Joerißen,Melissa da Costa and Martha Mundas
"The best way to predict the
future is to create it"

Hochschule Bremen

Management - Organizational Theory, Human Resources Management & Leadership
Prof. Dr. Karlheinz Schwuchow
Biographical Background
* 19.11.1909 in Vienna
11.11.2005 in Claremont
Table of Contents
Biographical Background
Key Publications
Dimensions of Management
Management by Objectives
The Manager of Tomorrow
The Knowledge Worker
Principles for right personnel decisions
Example for Impact on Business Practices
Evaluation and Discussion
Drucker,Peter F.: Was ist Management? das Beste aus 50 Jahren. Ekon
Drucker, Peter F.: Management. Das Standardwerk komplett überarbeitet und erweitert. Band 2, campus
A Harvard Business Review Book (Ed.): Classic Drucker. Essential Wisdom of Peter Drucker from the Pages of Harvard Business Review. 2. Auflage. Boston 2006
Handscombe, Richard S.: Managing by Individual Objectives. in: Goleman D. (Ed.): Business. The Ultimate Resource. London 2002
move to the U.S.
investment adviser to British industry
correspondent for several British newspapers

1943: obtains citizenship
First Publication
"The End of Economic Man"
politics and economics of the 1930s
rise of Nazism in particular

1942: "The Future of Industrial Man"
mixes economics with social sciences
any organization is both an economic and social organ

1950: Professor of Management at New York University
Graduate School of Business

1971: Professor at the Claremont Graduate School
Founding of the Peter F. Drucker Foundation for Non-Profit Management
Doctorate in Public and International Law
University of Frankfurt
move to London
investment banker
Presidential Medal of Freedom
Key Publications
1939: The End of Economic Man
1954: The Practice of Management
The Knowledge Worker
politics and economics of the 1930s in general

rise of the Nazism in particular

second book on management
practical book
management guide
valid purpose for a business: to create a customer
five managerial roles
seven tasks of the manager of tomorrow
Management by Objectives (MBO)
approach that allows management to focus
on achievable goals and to attain the best
possible results from available resources

different benefits

basic guidelines
> focus through corporate & unit strategy
> exceptional teamwork within the organization
> reward in line with results
The Manager as Knowledge Worker
manager as a responsible individual

The Nature of the Knowledge Worker
just another professional; same education, but more income

The Impact of Knowledge Workers
Knowledge = power + ownership

Principles for Personnel Decisions
1. responsibility of the personnel manager
consequences of personnel decisions

2. the right to good leadership
executives are mandatory for their organization performing well

3. personnel decisions are important
productivity depends on personnel decisions

4. no important tasks for newcomer
persons' qualities only can be judged after
knowing him or her for a time
The Manager of Tomorrow
tasks of the manager of tomorrow
managing by objectives
risks and risk-taking decisions
strategic decisions
integrated team
quick & clear communication of information
business as a whole
relating the product and industry to the total environment
Evaluation and Discussion
Dimensions of Management
Management is defined by its three tasks
establishing the
specific purpose &
mission of the
making work
productive and the
worker effective
managing social
impacts and social
Business enterprises
specific purpose or mission
economic performance
every decision & action should be based on economic
has the responsibility of profitability

Non business enterprises

specific purpose or mission
has a specific social function
economic consideration is restrained
Workers as organisms
distinct physiological and psychological properties, abilities, limitations
distinct mode of action
- social impacts & the social responsibilities

- supplying goods & services to
customers rather than providing jobs to
workers & managers

- impact over people, community & society

Five Basic Rules of Successful Management
take responsibility for every wrong appointment

take responsibility for every employee that has to be removed because of inefficient work

recognize if an employee works in the right position

try to find the right personnel decision - for every position

beginners should be taken on existing workspaces
2002: received the highest civilian honor
of the United States by George W. Bush
The White House honours every year politicians, artists, scientists or entrepreneurs with the Presidential Medal of Freedom,who have demonstrated exceptionally meritorious services in their fields.
founded with its mission to:

"help the social sector achieve excellence in performance and build responsible leadership."
to strengthen and inspire their partners in business and government
Example for Impact on Business Practices
1943: Peter F. Drucker analizes management practices
still relevant for management today

big impact > shows relevance for our class
Thank you very much for your attention!
capital investment in the tools of the knowledge employee
capital investment in the tools of manufacturing worker
full autonomy
18 months researching and writing the book
" Concept of the corporation"
build up a management team

leading role of the American car industry
"There is nothing so useless as doing efficiently that which should not be done at all"
Full transcript