Peter Drucker (1909-2005)
As a son of a management professor, I’ve grown up hearing quite a bit about Peter Drucker. I heard much about his contributions to (if not creation of) the field of management and business philosophy. Mr. Drucker died yesterday at his home in California. Often called the ‘father of modern management,’ Drucker’s legacy will be an enduring one to say the least.
I’ve read many articles by Drucker and have always found them to be insightful and helpful as a manager. His teachings on self-management, time management, and fundamental business strategy have really helped me to boil business thinking down to its smallest components. As an author, Drucker had a way of writing that brought complex concepts down to very simple granules of information that one could very easily apply. A couple of my favorites:
- Knowledge workers should develop intimate knowledge about how their time is allocated and spent
- It takes about the same amount of time and resources to sell and deliver a small order as it does a big one
- Management should be based upon objectives (MBO)
Drucker’s thoughts and ideas will, in my view, always serve as the basis of successful enterprise.