F W Taylor's Principles of Management

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  • Topic: Management, Peter Drucker, Knowledge work productivity
  • Pages : 3 (736 words )
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  • Published : October 30, 2012
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Peter Drucker (1909-2005)
Peter Drucker is known as the father of modern management. A prolific writer, business consultant and lecturer, he introduced many management concepts that have been embraced by corporations around the world. Peter Ferdinand Drucker (November 19, 1909 � November 11, 2005) was a writer, management consultant, and self-described �social ecologist.� His books and scholarly and popular articles explored how humans are organized across the business, government and the nonprofit sectors of society. 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 the emergence of the information society with its necessity of lifelong learning. In 1959, Peter Drucker coined the term �knowledge worker" and later in his life considered knowledge work productivity to be the next frontier of management.

Management by Objectives
The management guru’s management guru. Born in Vienna during the heyday of that city’s pre-1914 culture, Drucker has invented or prefigured most of the leading management theories of the last half-century. The son of an Austrian government official who helped found the Salzburg Festival, Drucker came to Britain in the late 1920s, and his first job was as an apprentice clerk in a Bradford wool exporting firm, working with a quill pen in 80-pound brassbound ledgers chained to the desk. Between 1933 and 1936 he worked as an economist in a London merchant bank and then decided to throw in his lot with the United States. He emigrated to the US in 1937, produced his first book two years later and in 1942 took a consultant’s job with General Motors, then the world’s largest company. Out of this experience came his influential 1946 book Concept of the Corporation, still one of the best and most perceptive analyses of the successful large organization. As well as...
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