pioneer in the field of industrial engineering
TRANSCRIPT
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:SUBMITTED BY
. .ABHAY P
( ) ,DARWIN 301 ADARSH( ),GOVIND 302
AFSAL( ) ,HUSSAIN 303 ALEX DILIP
( ) ,BABU 304
ANAND( ).PATHROSE MANI 305
S-5 N, C OLLEGE OFE :GG T RIVANDRUM
. .S D ASSIGNMENT
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ABSTACT
In the topic discussed PIONEERS IN THE FIELD OF
INDUSTRIAL ENGINEERING , the personality we
have taken is Mr Peter Drucker, a great
managerial consultant & economist. Though born in austria ,his major scene of
work was in the US , he has been adorned with
the title THE MAN WHO INVENTED
MANAGEMENT . By contributing the terms like
KNOWLEDGE WORKER, DECENTRALIZATION
etc ,he
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holds a primal spot among those who , whopioneered INDUSTRIAL ENGINEERING . Heworked as a management consultant in leading
companies like IBM, INTEL,COKE etc and alsocontributed heavily to the academic sect also.
He touched life of peoples life in more ways
than one with contributions to field like art,culture etc.
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His numerous scholarly contributions
also make Peter notches above others, a
regular columnist for the Wall Street
Journal and Economic Times, he was a cult
figure till his early 90s, active with his
academic work and writing career. He was the winner of a number of awards
including THE PRESIDENTIAL MEDAL OF
FREEDOM
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from George W Bush , and a proud owner of
more than 25 honorary doctorates .
His works are still continued by THEPETER DRUCKER FOUNDATION ,in the
United States , since his death in 2005 .
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PIONEERS IN THE
FIELD OF
I N D U S T R I A L E N G I N E E R I N G
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PETER DRUCKER
( November 19,1909 November 11, 2005)
http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/1909http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/1909http://en.wikipedia.org/wiki/November_19 -
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INTRODUCTION
Peter Ferdinand Drucker was a writer, managementconsultant, and self-described social ecologist.
He is widely considered to be "the father of modernmanagement, his 39 books and countless scholarly and
popular articles explored how humans are organized acrossall sectors of societyin business, government and thenonprofit world.
His writings have predicted many of the major developmentsof the late twentieth century, including privatization and
decentralization; the rise of Japan to economic worldpower; the decisive importance of marketing; and theemergence of the information society with its necessity oflifelong learning.
In 1959, Drucker coined the term knowledge worker" and
later in his life considered knowledge work productivity tobe the next rontier o mana ement.
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HIS PERSONAL LIFE The son of a high-level civil servant in Austria-Hungary his
mother Caroline Bondi had studied medicine and his father
Adolph Bertram Drucker was a lawyer Drucker was born
in Vienna, the capital of Austria, in a small village named
Kaasgraben (now part of the 19th district of Vienna,Dbling).
He grew up in a home where intellectuals, high government
officials, and scientists would meet to discuss new ideas
and ideals.After graduating from Dbling Gymnasium,Drucker found few opportunities for employment in post-
Habsburg Vienna, so he moved to Hamburg, Germany, first
working as an apprentice at an established cotton trading
company, then as a journalist, writing for Der
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While in Frankfurt, he also earned a doctoratein international law and public law from theUniversity of Frankfurt in 1931. Among his
early influences was the Austrian economistJoseph Schumpeter, a friend of his fathers,who impressed upon Drucker the importanceof innovation and entrepreneurship.
Indeed, over the next 70 years, Druckerswritings would be marked by a clear focus onrelationships among human beings, as opposed
to the crunching of numbers.
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His books were filled with lessons on howorganizations can bring out the best in people, andhow workers can find a sense of community anddignity in a modern society organized around large
institutions. As a young writer, Drucker wrote two pieces one
on the conservative German philosopher FriedrichJulius Stahl and another called The Jewish
Question in Germany that were burned andbanned by the Nazis.
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From 1971 to his death he was the ClarkeProfessor of Social Science andManagement at Claremont Graduate
University. The university'smanagement school was named the"Peter F. Drucker Graduate School ofManagement" (later known as the
"Peter F. Drucker and Masatoshi ItoGraduate School of Management") in hishonor in 1987. He taught his last classat the school in 2002 at age 92.
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HIS CONTRIBUTIONS
His career as a business thinkertook off in 1942, when his initial
writings on politics and society
won him access to the internalworkings of General Motors (GM),
one of the largest companies in
the world at that time. His
experiences in Europe had left himfascinated with the problem of
authority.
He shared his fascination withDonaldson Brown the mastermind
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In 1943 Brown invited him in to conduct what might
be called a "political audit": a two-year social-
scientific analysis of the corporation. Drucker
attended every board meeting, interviewedemployees, and analyzed production and decision-
making processes.
The resulting book, Concept of the Corporation,popularized GM's multidivisional structure and led
to numerous articles, consulting engagements, and
additional books.
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If the managers of our majorinstitutions, and especially ofbusiness, do not takeresponsibility for the commongood, no one else can or will.
Drucker was interested in thegrowing effect of people who
worked with their minds ratherthan their hands. He wasintrigued by employees whoknew more about certain
subjects than their bosses orcollea ues and et had to
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He assumed that his readers were intelligent,rational, hardworking people of good will. If theirorganizations struggled, he believed it was usuallybecause of outdated ideas, a narrow conception of
problems, or internal misunderstandings. During his long consulting career, Drucker worked
with many major corporations, including GeneralElectric, Coca-Cola, Citicorp, IBM, and Intel.
He consulted with notable business leaders such asGEs Jack Welch; Procter & Gambles A.G. Lafley;Intels Andy Grove; Edward Jones JohnBachmann; Shoichiro Toyoda, the honorary
chairman of Toyota Motor Corp.; and MasatoshiIto, the honorary chairman of the Ito-Yokado
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IS VIEWS Decentralization and simplification. Drucker
discounted the command and control model and
asserted that companies work best when they are
decentralized. According to Drucker, corporationstend to produce too many products, hire
employees they don't need (when a better solution
would be outsourcing), and expand into economic
sectors that they should avoid. A belief that taking action without thinking is the
cause of every failure.
http://en.wikipedia.org/wiki/Command_and_controlhttp://en.wikipedia.org/wiki/Outsourcinghttp://en.wikipedia.org/wiki/Outsourcinghttp://en.wikipedia.org/wiki/Command_and_control -
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A profound skepticism of macroeconomic theory.Drucker contended that economists of all schoolsfail to explain significant aspects of moderneconomies.
Respect of the worker. Drucker believed thatemployees are assets and not liabilities.Central tothis philosophy is the view that people are anorganization's most valuable resource and that a
manager's job is to prepare and free people toperform. A belief in what he called "the sickness of
government." Drucker made non-partisan claims that
government is often unable or unwilling to providenew services that people need or want, though he
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The need to manage business by balancing a varietyof needs and goals, rather than subordinating aninstitution to a single value. This concept ofmanagement by objectives forms the keynote ofhis 1954 landmark The Practice of Management.
A company's primary responsibility is to serve itscustomers. Profit is not the primary goal, but
rather an essential condition for the company'scontinued existence.
An organization should have a proper way ofexecuting all its business processes.
A belief in the notion that great companies could'
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DRUCKER AS AN AUTHOR
vDrucker's books have been
translated into more than
thirty languages.
vTwo are novels, one an
autobiography.
vHe is the co-author ofa book on Japanese painting.
vMade eight series of educational
films on management topics.
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He also penned a regular column in the Wall StreetJournalfor 20 years and contributed frequentlyto the Harvard Business Review, The Atlantic
Monthly, and The Economist. He continued to act as a consultant to businesses
and non-profit organizations well into his nineties.
Drucker died November 11, 2005 in Claremont,
California of natural causes at 95.
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AWARDS AND HONORS
Drucker was awarded
the Presidential
Medal of Freedom by
U.S. President GeorgeW. Bush on July 9,
2002.
He also received honors
from the
governments of Japan
and Austria.
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In 1969 he was awarded New York Universitys
highest honor, the NYU Presidential Citation.
Harvard Business Review honored Drucker in the
spring of 2005 with his seventh McKinsey Awardfor his article, "What Makes an Effective
Executive", the most awarded to one person.
Drucker was inducted into the Junior Achievement
U.S. Business Hall of Fame in 1996. Additionally he
holds 25 honorary doctorates from American,
Belgian, Czech, English, Spanish and Swiss
Universities.
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1.WIKIPEDIA
2.ENCARTA ENCYCLOPEDIA
3.ENCYCLOPEDIA BRITANNICA
references
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THANK YOU