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Essay on Management Challenges for the 21st Century
Peter R. Drucker was born in 1909 in Vienna and was educated there and in England. He earned his doctorate in public and international law while working as a newspaper reporter in Frankfurt, Germany, and afterward worked as an economist for an international bank in London. In 1937 he came to the United States and two years later published his first book, The End of economic Man. Drucker's management books and analyses of economics and society are widely read and respected throughout the world, with editions in more than twenty languages. Drucker lives in Claremont, California.
In his 31st work, esteemed author Drucker follows his last major management work, Post-Capitalist Society, with his ideas how the whole concept of management is changing, focusing on the now apparent major critical issues, problems, practices and strategies management faces in the new century. Rather than a futurist set of predictions, Drucker instead discusses major challenges facing management in the next century that are already manifest in today's rapidly changing world. With a sweeping macro level analysis of social, economic and demographic changes at work across the globe, Drucker outlines the changing role of management, the new realities of strategy, how to lead in times of great change, how to develop new information sources for effective decision making, and how individual knowledge workers must assume responsibility for managing their own careers. With his always-keen insight, and his ability to see connections among disparate forces, this visionary thinker again has produced a must-have item for all professionals, especially those in management positions.
1st chapter is on Management's New Paradigms, which explains Management must search for, develop and test organization that fits the task, one does not manage people; the task is to lead people; the goal is to make productive the specific strengths and knowledge of each individual.....
