My Journey

I have made all the calculations; fate will do the rest -(Napoleon)

Saturday, November 12, 2005

Peter F Drucker

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Peter F Drucker, 95, one of the greatest management guru and considered father of Modern Management died today of natural causes.

Mr Drucker who coined the terms like “Knowledge workers” and “Management by objectives” was highly regarded by persons such as Winston Chruchill( who reviewed his first book"The End of Economic Man: The Origins of Totalitarianism" ), Jack Welch, and Bill Gates. His motivational techniques are famous in corporate world used in companies such as Intel Corp, Sears and Rosebuck & Co. The theory “Management by Objectives” has been successfully used by numerous Japanese companies and he was the first to predict the Industrial success of Japan.

My personal liking for Mr. Drucker is due to the reason he promoted socialism within corporate world when he introduced the concept of ‘decentralization as a principle of organization’ while working for General Motors, and if I can say him as a ‘socio-capitalist’ for his thoughts expressed in his book ‘The Unseen Revolution’

Peter Ferdinand Drucker was born on Nov 19, 1909 in Vienna and did his studies in Hamburg and Frankfurt, Germany, receiving a doctorate in international law in 1931. He despised Hitler and left Germany for London when Hitler came in power. He later left London for New York after he was discouraged by then appeasement of Hitler by British.

He was the Marie Rankin Clarke professor of social sciences and management at Claremont from 1971 to 2003, and he continued to write and consult from the campus until his death. He is survived by his wife and four childrens.

May his soul rest in peace.

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