Thursday, 18 March 2010

Do you know who is Peter Ferninand Drucker?

I do not suppose so. That is the reason we have here the guidelines elaborated by two classmates-specifically Julia Torrente and Manuel Rivero- to present to the rest of the class a work about this intellectual man.

1st SLIDE:

Peter Ferdinand Drucker (November 19, 1909 - November 11, 2005) was an Austrian writer, lawyer, economist, management consultant and self-described "social ecologist". His books and scholarly and popular articles dealt with organizational management issues; they explored how humans are organized across the business, government and the nonprofit sectors of society.
After working as a journalist and also in the business sector, he also earned a doctorate in International Law and Public Law from the University of Frankfurt in 1931. Among his early influences was the economist Joseph Schumpeter, who impressed upon him the importance of innovation and entrepreneurship. Some years later (1934), while in the UK, Drucker was also a John Maynard Keynes' pupil.
In 1937, Drucker had to emigrate to the US (because the Nazism in Germany was at its peak), where he became a professor and a writer. Having fled Nazi Germany, his view of leaders, particularly charismatic leaders, was not particularly positive; for Drucker, effective management, not leadership, was the key to success.
In 1943, when he became a naturalized citizen of the United States, he began teaching at Bennington College, then at New York University as a Professor of Management. Later, Drucker moved to California, where he developed an executive MBA programs for working professionals at Claremont Graduate University. From 1971 to his death he was the Clarke Professor of Social Science and Management at Claremont Graduate University. He taught his last class at the school in 2002 at age 92.
As a writer, he penned a regular column in the Wall Street Journal for 20 years and contributed to the Harvard Business Review, The Atlantic Monthly and The Economist.

2nd SLIDE:

The main ideas in his writings are these:
1. Drucker asserted that companies work best when they are decentralized. According to him, corporations tend to produce too many products, hire employees they don't need, and expand into economic sectors that they should avoid.
2. He contended that most economists fail to explain significant aspects of modern economies.
3. Drucker believed that employees are assets and not liabilities (activos no pasivos), and that workers with knowledge are essential for modern economy. In other words, people are an organization's most valuable resource and a manager's job is to prepare and free people to perform.
4. He claimed that government is often unable to provide new services that people need or want. He called this "the sickness of government". The chapter "The Sickness of Government" in his book The Age of Discontinuity formed the basis of the New Public Management, a theory of public administration.
5. A belief that taking action without thinking is the cause of every failure.
6. By the 1980s, Drucker suggested that volunteering in the nonprofit sector was the key to fostering a healthy society where people found a sense of belonging and civic pride.
7. There is a need to manage business by balancing a variety of needs and goals, rather than subordinating an institution to a single value. This concept forms the keynote of his writing "The Practice of Management".
8. Profit is not the primary goal, but rather the clients, as an essential condition for the company's existence.

1 comment:

  1. I find the blog very interesting, nevertheless, some articles are quite passed because we haven´t worked on them in class. For example this one, I read it and I can understand more or less but if we had worked on it in class, it would have been much easier to read it and the main idea will be much clear. For the next year I suggest to use the blog during all the course as another source for studying.
    (Elena gómez de Agüero Ortiz 1º A)

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