Book Review: The Practice of Management by Peter F. Drucker
This book is divided into 6 main parts: Managing A Business; Managing Managers; The Structure Of Management; Management Of Workers And The Worker; What It Means To Be A Manager; and a conclusion.
In Managing a Business, Drucker stresses the importance of the customer , not economic or market forces, in defining a business. He suggests that it is the customer, not forces, that converts economic resources into wealth, and things into goods. He states that "there is only one valid definition of business purpose: to create a customer." (p.37) Drucker goes on to say that any business enterprise has two basic functions - marketing and innovation. I would argue that there should …show more content…
Drucker also reminds us that when employing someone, the manager needs to respect that he or she is not simply employing a pair of hands, he or she is employing the whole man who is not only an employee, but a family man and a member of the community. Therefore it would be unfair to expect work to take over the whole sphere of his being, rather the manager should expect to play only a part in it for that worker to be a happier and more productive employee.
In analyzing the management of workers, Drucker plays down the importance of personnel and human resources management. He argues that it is the worker's manager who should take a lead in their management because the manager would have a much better idea of what their job entails. Scientific management is also not an advisable
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Peter Drucker 1
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Essay PETER DRUCKER
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Analysis Of The Book ' By Peter F. Drucker
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Peter Drucker 's Theory Of Time Management
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