Tuesday, October 7, 2008

Peter Ferdinand Drucker

Peter F. Drucker Biography


“The Founding Father of the Study of Management”
Author and Business Management Theorist

Management is doing things right; leadership is doing the right things.

Peter Ferdinand Drucker Biography : Business author - Business Strategist
Famous for : Business management theories and business philosophy
Drucker details : Born - Vienna, November, 19, 1909; Lives - USA

Peter Ferdinand Drucker -- Writer, Management consultant and University professor- was born in Vienna, Austria in November 1909. After receiving his doctorate in Public and International Law from Frankfurt University in Frankfurt, Germany, he worked as an economist and journalist in London before moving to the United States in 1937.

Peter Drucker published his first book, “The End of Economic Man”, in 1939. He then joined the faculty of New York University's Graduate Business School as Professor of Management in 1950. Since 1971, he has been Clarke Professor of Social Science and Management at the Claremont Graduate University in Claremont, California. The university named its management school after him in 1987.

Peter Drucker also served as a regular columnist for The Wall Street Journal from 1975 to 1995 and has contributed essays and articles to numerous publications, including the Harvard Business Review, The Atlantic Monthly, and The Economist. Throughout his career, he has consulted with dozens of organizations - ranging from the world's largest corporations to entrepreneurial startups and various government and nonprofit agencies.

Experts in the worlds of business and academia regard Peter Drucker as the founding father of the study of management.

For his accomplishments, Peter Drucker was awarded the Presidential Medal of Freedom by President George W. Bush on July 9, 2002. A documentary series about his life and work appeared on CNBC 10 times from December 24, 2002 through January 3, 2003.

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Peter F. Drucker Quotations

"Accept the fact that we have to treat almost anybody as a volunteer." - Peter Drucker

"Borrowers of books - those mutilators of collections, spoilers of the symmetry of shelves, and creators of odd volumes." - Peter Drucker

"Business, that’s easily defined - it’s other people’s money." - Peter Drucker

"Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you’ve got." - Peter Drucker

"Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes." - Peter Drucker

"Efficiency is doing better what is already being done." - Peter Drucker

"Efficiency is doing things right; effectiveness is doing the right things." - Peter Drucker

"Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm." - Peter Drucker

"Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them ’operators’ or ’programmers.’ " - Peter Drucker

"Follow effective action with quiet reflection. From the quiet reflection will come even more effective action." - Peter Drucker

"Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth." - Peter Drucker

"Knowledge has to be improved, challenged, and increased constantly, or it vanishes." - Peter Drucker

"Management by objective works - if you know the objectives. Ninety percent of the time you don’t." - Peter Drucker

"Management is doing things right; leadership is doing the right things." - Peter Drucker

"Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank." - Peter Drucker

"Most of what we call management consists of making it difficult for people to get their work done." - Peter Drucker