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PETER.F.DRUCKER

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Peter Ferdinand DruckerThe Man Who Invented Management was an influenti

writer, management consultant, and self-described social ecologist.

Drucker was born in Vienna on November 19,1909 in a small village named Kaasgrab

His mother Caroline Bondi had studied medicine and his father Adolf Drucker was alawyer and high-level civil servant.

Drucker came to California in 1971, where he developed one of the country's firstexecutiveMBA programs for working professionals at Claremont Graduate University

Claremont Graduate University's management school was named the "Peter. F. DruckeGraduate School of Management" in his honor in 1987.

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Drucker taught that management is a liberal art.

He infused his management advice with interdisciplinary lessons from history

sociology, psychology, philosophy, culture and religion.

He also believed strongly that management have a responsibility to the whole society.

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Peter Druckers five basic principles of management

setting objectives,

organizing,

motivating and communicating,

establishing measurements of performance

developing people.

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An objective is a specific step, a milestone, which enables you to accomplisha goal. Setting objectives involves a continuous process of research anddecision-making. Planning is defining the objectives.

The objectives must be:

be focused on a result, not an activity be consistent

be specific

be measurable

be related to time

be attainable

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After setting the objectives,analyze the activities, decisions, relations needed,

and classify the work, divide it into manageable groups. Group these units anjobs into an organization structure, select people for the management of these

units and for the jobs to be done.

Organization is a combination of interrelated groups. These groups can be

classified, according to their orientation, as formal and informal ones.

Formal groups:

These groups are formed within the Organization and generally formed to

accomplish a designated task or function.

Informal groups:

These groups are created by employees themselves, not sanctioned by the

organization. These groups can be created around a work place issue (interest

groups) or an activity outside the work place (friendship groups).

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Basic Forms of Groups: Functional Groups- classified according to their purpose

Task Groups- created to complete a specific task.

Interest Groups- formed within the work place by a

common interest.

Peer Groups- joined friendship outside the work place.

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Motivation is the process of stimulating an individual to take action that willaccomplish a desired goal.

Motivation is getting others to do something because they want to do it.

To motivate others is one of the most important management tasks.

Motivation is about cultivating your human capital. The challenge lies not it thework itself, but in you, the person who creates and manages the work environmen

Communication also includes the exchange of ideas,facts,opinions between thehigher authorities and the employees.

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Developing people starts with the self.

Consider your values as well as your strengths, weaknesses, and personality.

Carry out a Strength-Weaknesses-Opportunities-Threats (SWOT) analysis onyourself.

Do the feedback analysis to show you where your strengths and weaknesses li

Test your knowledge to develop your abilities for managing and being manag

by considering the following questions:

Do I know what everybody else does?

Do I know how they perform?

Do I know what they contribute and what results are expected?

Do I trust the people I work with?

Do I treat each of them as individuals?

Do I know their strengths?

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Drucker was awarded the Presidential Medal of Freedom by U.SPresident George W. Bush.

He was the Honorary Chairman of the Peter F. Drucker

Foundation for Nonprofit Management, now theLeader to Leade

Institute, from 1990 to 2002.

Harvard Business Review honored Drucker in the June 2004 withis seventh McKinsey Award for his article, "What Makes an

Effective Executive".

Additionally he holds 25 honorary doctorates from American,

Belgian, Czech, English, Spanish and Swiss Universities