MANUEL RIVERO TORRESJULIA TORRENTE MORÓN

PETER DRUCKER

About his lifeAbout his life Peter Ferdinand Drucker (November 19, 1909 – November 11,

2005) was an Austrian writer, lawyer, professor, economist, management consultant and self-described “social ecologist”. His main work dealt with organizational management issues.

Early yearsEarly years: He worked as a journalist and also in the business sector. He earned a doctorate in International Law and Public Law (1931). Josh Schumpeter as one of his main influences.

19331933: He moved to the U.K., where he was influenced by John Maynard Keynes (Cambridge, 1934).

19371937: Drucker emigrated to the U.S. and became a professor. 19431943: He became a naturalized citizen of the United States. As a writer, he penned a regular column in the Wall Street

Journal for 20 years and contributed to the Harvard Business Review, The Atlantic Monthly and The Economist.

About his workAbout his work Main ideas:

Decentralization and simplification of the companies. Skepticism of the macroeconomic theory, as it fails to explain modern

economy. Respect of the workers: people are an organization’s most value

resource. The government is usually unable to provide new services. All actions need a previous thinking. The need for community. Management by objectives. Customers = main responsibility.

 The Future of the Industrial Man (1942); Concept of the Corporation (1946); The Practice of Management (1954); Managing for results (1964); The Effective Executive (1966); The Age of Discontinuity (1969); Innovation and Entrepreneurship (1985); Adevntures of a Bystander (1998); Management challenges for the 21st century (1999); Managing oneself and others (1999).