“Knowledge has to be improved, challenged, and increased constantly, or it vanishes.” “Management is doing things right; leadership is doing the right things.” “The most important thing in communication is to hear what isn't being said.” “Unless commitment is made, there are only promises and hopes; but no plans.”
Why was Peter Drucker so important?
Peter Drucker (1909-2005) was one of the most widely-known and influential thinkers on management, whose work continues to be used by managers worldwide. He was a prolific author, and among the first (after Taylor and Fayol) to depict management as a distinct function and being a manager as a distinct responsibility.
What is Peter Drucker's management theory?
According to Drucker, management is the key organ of any organisation. A manager has to perform several functions such as setting of objectives, increasing productivity, organising and managing social impacts and responsibilities, and motivating employees.2 Aug 2018
Why is Peter Drucker the father of management?
Drucker was considered a management visionary for his recognition that dedicated employees are key to the success of any corporation, and marketing and innovation should come before worries about finances.11 Nov 2005