Answer of Managing for the Future - Peter Drucker
Programme for PETER DRUCKER AWARD – SUBJECT : MANAGING FOR THE FUTURE
Q.1 Write a short note on reshaping companies.
A.1 ( Short note on reshaping companies, as per Mr. Peter Drucker In the a year, 1990's there were for reaching changes in the social & economical environment and in the strategies, structure & management of the business of companies. The trends towards central principle of International economic integration has by now become well – high irreversible, whether one likes it or not (and Mr. Peter Drucker does). Thus, the first step in the world economy will be quite different from what businesspersons, politicians & economists still means or understand about it. As per second step, into the world economy the integration of the business will start through alliances in the form of minority participations, joint ventures, and research & market groups, partnerships in subsidiaries or in special projects & cross licensing etc. Thus, markets are rapidly changing, merging cries crossing & over-lapping each other. In the third one, in 1920s, first the modern corporate organization evolved. After that, in 1990s the business will undergo more & more radical restructuring. It was treated as sensational news. Only five years ago, when Mr. Peter Drucker pointed out information based organization needs for fewer levels of management than traditional command and control model. Then a large numbers of American companies have cut management levels by one third or more. But the restructuring of corporations from smaller sized corporations, middle sized corporations & larger sized corporations. Nowadays, business will follow two new rules. 1. The first rule followed by the Business To move work to where the people are rather than to people where the work is. This means business makes an arrangement to transfer the work towards the people instead of transfer of people towards the work. 2. The
Q.1 Write a short note on reshaping companies.
A.1 ( Short note on reshaping companies, as per Mr. Peter Drucker In the a year, 1990's there were for reaching changes in the social & economical environment and in the strategies, structure & management of the business of companies. The trends towards central principle of International economic integration has by now become well – high irreversible, whether one likes it or not (and Mr. Peter Drucker does). Thus, the first step in the world economy will be quite different from what businesspersons, politicians & economists still means or understand about it. As per second step, into the world economy the integration of the business will start through alliances in the form of minority participations, joint ventures, and research & market groups, partnerships in subsidiaries or in special projects & cross licensing etc. Thus, markets are rapidly changing, merging cries crossing & over-lapping each other. In the third one, in 1920s, first the modern corporate organization evolved. After that, in 1990s the business will undergo more & more radical restructuring. It was treated as sensational news. Only five years ago, when Mr. Peter Drucker pointed out information based organization needs for fewer levels of management than traditional command and control model. Then a large numbers of American companies have cut management levels by one third or more. But the restructuring of corporations from smaller sized corporations, middle sized corporations & larger sized corporations. Nowadays, business will follow two new rules. 1. The first rule followed by the Business To move work to where the people are rather than to people where the work is. This means business makes an arrangement to transfer the work towards the people instead of transfer of people towards the work. 2. The