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Peter Drucker (1909-2005) was a consultant, educator, and author who influenced modern management theory and practice. He coined the term "knowledge worker" and wrote on topics such as marketing, decentralization, and lifelong learning.
GM was very pleased with Drucker's work, until Drucker published his book, Concept of the Corporation. The book strongly praises General Motors for developing management techniques, programs, and infrastructure. But GM interpreted the suggestions that Drucker made—to decentralise the company in order to even become more successful—as ...
A book by Tom Peters and Robert H. Waterman Jr. that explores the management practices of successful American companies in the 1980s. It introduces the McKinsey 7S Framework and challenges the rationalist approach to management.
A book by Chester I. Barnard (1886–1961) that presents a theory of cooperation and organization and a study of the functions and methods of executives in formal organizations. The book is influential in management literature and focuses on how organizations actually operate, instead of prescriptive principles.
As we talk about in our classes (and credit to Peter Drucker who had the original quote which we have modified), “culture eats strategy for breakfast, technology for lunch, and products for ...
Business ethics is a form of applied ethics that examines ethical principles and moral problems in a business environment. It originates from individuals, organizational statements or the legal system and evolves with historical norms and contexts.
Learn about the history, concept, framework, application and limitations of management by objectives (MBO), a process of defining and achieving specific goals in an organization. MBO was popularized by Peter Drucker and used by many successful companies, but also criticized by W. Edwards Deming.
The Peter principle is a management concept that states that people tend to rise to their level of incompetence in a hierarchy. The principle was developed by Laurence J. Peter and Raymond Hull in their 1969 book The Peter Principle, which was based on Peter's research.