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PETER DRUCKER

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INTRODUCTIONPeter Ferdinand Drucker (November

19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author.

Father of Modern Management.

IMPORTANT DATES November 19, 1909: Born in Vienna, Austria to Adolph and Caroline Drucker.

His father is an economist and a lawyer and his mother a medical doctor. 1929: Writes an article that appears on Oct 15 in a prestigious magazine

“Frankfurter Zeitung” 1929: Becomes senior editor for finance at the Frankfurter General Anzeiger

newspaper. 1931: He also earned a doctorate in international law and public law from

the University of Frankfurt. 1933: Moves to London after declining to join Nazi Party. 1937: Marries Dorris Schmitz a former student at the London School of

Economics where he was a substitute professor. 1937: Moves to US where he begins to write for the American Press. Drucker’s first major work, The End of Economic Man, was published in

1939. After reading it, Winston Churchill described Drucker as “one of those writers to whom almost anything can be forgiven because he not only has a mind of his own, but has the gift of starting other minds along a stimulating line of thought.”

IMPORTANT DATES 1939: Becomes part time teacher of economics at Sarah Lawrence College in

Bronxville, New York but is fired shortly after refusing to sign a petition in support of communism. Professor of politics and philosophy at Bennington College from 1942 to 1949

1942: Publishes second book, The future of Industrial Man. Gets invited by Alfred Sloan (chief of GM) to study GM which changes Drucker’s life forever.

1945: Publishes the seminal Concept of the Corporation which draws potrait of GM. 1950-1971: Professor of management at the Graduate Business School at New York

Univeristy. 1954: Publishes The Practice of Mangement, he’s credited for transforming

management into discipline. 1966: Publishes The Effective Exective 1975-1995: Write monthly column for The Wall Street Journal. 1971-2005: He was the Clarke Professor of Social Science and Management at

 Claremont Graduate University. Claremont Graduate University's management school was named the Peter F.

Drucker Graduate School of Management in his honor in 1984 (later renamed the Peter F. Drucker and Masatoshi Ito Graduate School of Management). 

Drucker died November 11, 2005 in Claremont, California of natural causes at 95.

ULTRA MODERN

TRUTH TELLER

ADAPTABILITY

AWARDS Peter Drucker was awarded the Presidential Medal of

Freedom by U.S. president George W. Bush on 9th JULY,2002.

HONOURS

Drucker 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 NYU’s highest honor, the NYU Presidential Citation.

Inducted into the Junior Achievement U.S. Business Hall of Fame in 1996.

Holds 25 honorary doctorates from American, Belgian, Czech, English, Spanish and Swiss Universities.

CONCLUSION

Over the course of nearly a century, Drucker has succeeded in elevating management from the unknown to an art that has the potentially transformed “a mob into an organization, and human efforts into performance.

Drucker is the person who has gifted a lot milestone to the field of management. In our personal view, we deeply adore him for his contribution made to the world of management. And we, to become a good managers would take this as a privilege to imbibe within us his concept and contributions to the world of management.