This is an introduction to Peter Drucker, the man who invented management. note: Centum U- is a bharti associate company and the publisher is in no way associated with the organization and the materials used in this presentation is extracted from different websites and in no way centum u may be held responsible for any copyright infringement for the material used in this ppt. The author is a student of CENTUM-U and this ppt. was presented as a part of curriculum. The Cover Photo is self clicked photo at Gulmarg, Jammu & Kashmir and can be used/published freely

1. Wel Come

2. Peter Ferdinand
Drucker
(From November 19, 1909 – November 11, 2005)
by
M Misbah ul Islam

3. An
Introductio
Peter Ferdinand
n invenTed
Drucker
“The Man Who
ManageMenT”

4. “So much of what we call management consists in making it
difficult for people to work”
Early Life
Born November 19, 1909, in Vienna, Drucker was educated in
Austria and England and earned a doctorate from Frankfurt
University in 1931.
He became a financial reporter for Frankfurter General
Anzeiger in Frankfurt, Germany, in 1929, which allowed him
to immerse himself in the study of international law,
history and finance

5. “Business has only two basic functions- marketing & innovation”
Early Life
Peter Drucker’s career as a writer, consultant and teacher
spanned more than six decades. His groundbreaking work
turned modern management theory into a serious
discipline, and he influenced or created nearly every facet of
its application, including decentralization, privatization, and
empowerment, and has coined such terms as the
“knowledge worker.”.

6. “Management by objectives works if you first think through your
objectives. Ninety percent of the time you haven’t.”
Early Influences
Economist Joseph Schumpeter, who impressed upon Drucker the
importance of innovation and entrepreneurship. Drucker was also
influenced, in a much different way, by John Maynard Keynes, whom
he heard lecture in 1934 in Cambridge.
“I suddenly realized that Keynes and all the brilliant economic
students in the room were interested in the behavior of
commodities,” Drucker wrote, “while I was interested in the
behavior of people.”

7. “Management is doing things right; leadership
is doing the right things”
The ‘Business Thinker’
Dr. Drucker cared not just about how business manages its
resources, but also how public and private organizations
operate morally and ethically within society.
He respected the values of education, personal responsibility
and businesses’ accountability to society.
Dr. Drucker’s true legacy is his insistence on this value
system, and its effect on business, society and individual lives

8. “Computer is a moron”
Consulting Career
Drucker worked with many major corporations, including
General Electric, Coca-Cola, Citicorp, IBM, and Intel.
He served as a consultant for various government agencies in the
United States, Canada and Japan & various non-profit organizations
like Salvation Army, the Girl Scouts of the USA, C.A.R.E., the American
Red Cross, and the Navajo Indian Tribal Council
He consulted with notable business leaders such as GE’s Jack Welch;
P&G’s A.G. Lafley; Intel’s Andy Grove; Edward Jones’ John Bachmann;
Shoichiro Toyoda, the honorary chairman of Toyota Motor Corp.; and
Masatoshi Ito, the honorary chairman of the Ito-Yokado Group

9. “There is nothing so useless as doing efficiently
that which should not be done at all”
Business Consultant
As a business consultant, Drucker disliked the term
“guru,” though it was often applied to him;
“I have been saying for many years,”
Drucker once remarked, “that we are using the word ‘guru’ only
because ‘charlatan’ is too long to fit into a headline.”
As a young writer, Drucker wrote two pieces — one on the
conservative German philosopher Friedrich Julius Stahl and
another called “The Jewish Question in Germany” — that were
burned and banned by the Nazis

10. “The most important thing is communication
is to hear what isn’t being said”
Drucker’s Writings
Drucker's ideas have been disseminated in his 39 books, which
have been translated into more than 30 languages.
His works range from 1939's "The End of the Economic Man" to
"Managing in the Next Society" & "A Functioning Society," both
published in 2002 & "The Daily Drucker," released in 2004.
"The Effective Executive in Action“ was his last book coauthored
with Joseph A. Maciariello.

11. “Innovation is the specific instrument of entrepreneurship… the
act that endows resources with a new capacity to create wealth”
Other Works
Drucker created eight series of educational movies based
on his management books and 10 online courses on management
and business strategy.
He was a frequent contributor to magazines and a columnist
for the Wall Street Journal for 10 years and contributed
frequently to the Harvard Business Review,
The Atlantic Monthly, and The Economist.
In 1959, Drucker coined the term “knowledge worker" and later in
his life considered knowledge worker productivity to be the next
frontier of management.The annual Global Peter Drucker Forum in
his hometown of Vienna, Austria, honors his legacy.

12. “Plans are only good intentions unless they immediately
degenerate into hard work”
Awards
Drucker was awarded the Presidential Medal of Freedom by U.S.
President George W. Bush on July 9, 2002 & received honors from
the governments of Japan and Austria.
He was the Honorary Chairman of the Peter F. Drucker Foundation
for Nonprofit Management, now the Leader to Leader
Institute, from 1990 through 2002.
In 1969 he was awarded New York University’s highest honor, the
NYU Presidential Citation.

13. “In all recorded history there has not been one economist who
has had to worry about where the next meal would come from”
Awards
Additionally he holds 25 honorary doctorates from
American, Belgian, Czech, English, Spanish and Swiss Universities.
In Claremont, California, Eleventh Street between College Avenue
and Dartmouth Avenue was renamed "Drucker Way" in October
2009 to commemorate the 100th anniversary of Drucker's birth.
Harvard Business Review honored Drucker in the June 2004 with his
seventh McKinsey Award for his article, "What Makes an Effective
Executive", the most awarded to one person.

14. Thank You
Compiled by:
M Misbah ul Islam Andrabi
MBA (CMP)
Centum U- New Delhi