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Summary: The Essential Drucker E-Book

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Beschreibung

The must-read summary of Peter Drucker's “The Essential Drucker: The Best of Sixty Years Writings on Management”.

This complete summary of the ideas from "The Essential Drucker" exposes the book's most important ideas, explaining the basic principles of management and its challenges. This useful summary also discusses the changes that are likely to happen in the business world of tomorrow, and the skills that will be needed to face it, thus providing you with an opportunity to get ahead of things and take the lead. 


Added-value of this summary:
• Save time 
• Understand the key concepts
• Expand your knowledge of management

To learn more, read "The Essential Drucker" and discover how to take the lead! 

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Seitenzahl: 35

Veröffentlichungsjahr: 2014

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Book Presentation The Essential Drucker by Peter Drucker

Book Abstract

About the Author

Important Note About This Ebook

Summary of The Essential Drucker (Peter Drucker)

Drucker on Management

Drucker on the Individual

Drucker on Society

Book Presentation The Essential Drucker by Peter Drucker

Book Abstract

MAIN IDEA

While it is impossible to say with any degree of certainty what the future will be like, it is already possible to discern its most important features and key challenges:

Markets will be global with information free to flow anywhere without hindrance or restriction.The center of power will rest squarely with consumers because they have access to so much information.The importance of manufacturing to the overall economy will continue to fall.The social complexion of the new economy will be different as knowledge workers become the most dominant group.The key management challenges of the future will be tackled by individuals, not by governments.

In all, the best way to face the future is to have an understanding of the tools which are available and the skills to manage them well.

About the Author

PETER DRUCKER is the world’s most widely read and influential business writer. He published his first book in 1937 and continues to publish today, with his work being translated into more than twenty languages. Dr. Drucker earned a doctorate in public and international law and has worked as a newspaper reporter, an economist, a teacher, an editorial columnist for the Wall Street Journal, a professor of management at the Graduate Business School of New York University and as professor of social science at Claremont Graduate School in California. Peter Drucker has published more than 17 management books, an autobiography, two novels, several volumes of essays and is a frequent contributor to magazines and journals.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of The Essential Drucker (Peter Drucker)

Drucker on Management

Getting people decisions right is a management task.All businesses should have an entrepreneurial mind-set.Businesses have one purpose: to create customers.The four key entrepreneurial strategies.Good management serves a social function and is art.The three key dimensions of management.What the nonprofits teach about management.The social responsibilities of a business.Challenging the basic assumptions about business.The kind of information managers really need.The true role of management by objectives.The key challenges for new business ventures.

Management 1: Getting people decisions right.

“Executives spend more time on managing people and making people decisions than on anything else, and they should. No other decisions are so long-lasting in their consequences or so difficult to unmake. Executives who do not make the effort to get their people decisions right do more than risk poor performance. They risk their organization’s respect.”

– Peter Drucker

To make more effective promotional and staffing decisions, managers should:

Think through the assignment – and realize the requirements will evolve over time. Therefore, choose the right person for the future, not the past.Look at a large number of potential applicants – at a very minimum at least three to five qualified people.Look for strengths, not weaknesses – since you cannot build future performance on weaknesses.Discuss with each candidate the people who have worked with them – to see whether or not they have the ability to build future leaders and managers.Take the time to explain the job fully and follow-up three or four months later – since the things a person does to get the job will be entirely different to what they need to be doing once they’ve been in the role for three months or longer.

Management 2: The entrepreneurial business mind-set.