During their monthly consulting sessions in the early 1970s, Peter Drucker and Mort Mandel, the then-CEO of electronics and auto-parts distributor Premier Industrial Corp., chewed over all sorts of topics—basic business strategy, the company’s approach to acquisitions, how to set priorities. But Drucker’s most valuable counsel centered on one subject: people. …read more
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Although management expert Peter Drucker and computer pioneer Alan Kay often get the credit, it may have been Abraham Lincoln who coined the adage, “The best way to predict the future is to create it.” …read more
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Seven years ago, when Jody Greenstone Miller first thought about starting up a company that would allow top businesspeople to work in a different sort of way, she drew inspiration from the teachings of Peter Drucker. …read more
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By Robert Reiss, Contributor In 1954, Peter Drucker was famously quoted as saying, “The purpose of a business is to create and keep a customer”. Five decades later this timeless message is stronger than ever. In our digital world where 2.5 quintillion bytes of data are created every day and practically everything we’d want to know about customers is now available, the corporate owner of ‘creating and keeping those customers’ has increasingly become the Chief Marketing Officer. …read more
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Drucker: A Life in Pictures (McGrawHill, 2013) is a visual celebration o fthe life and work of “the man who invented management.” The images include Drucker’s doctoral dissertation on international law; a handwritten note from General Electric’s [GE] Jack Welch; an honor from the Emperor of Japan; and the file that the FBI kept on Drucker, along with photographs of his manuscripts, awards, advice to CEOs and personal letters. …read more
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By Rick Wartzman, Contributor When I was just a boy, long before I ran a social enterprise that bears Peter Drucker’s name and seeks to make organizations more effective, the word “manager” meant one thing to me: Earl Weaver.
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