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I don't think I gave this book a fair shake. I don't think I was focusing on it very well. It was just really boring. Read Innovation and Entrepreneurship. That book rules.Quotes:"The fundamental task of management remains the same: to make people capable of joint performance through common goals, cmmon values, the right structure, and the training and development they need to perform and to respond to change. But the very meaning of this task has changed, if only because the performance of mana...
I know that Drucker is one of the foremost authorities on 20th century Management. I know that his contemporaries consider Drucker a genius. I personally simply have a hard time following his writings, and this book was no exception. The Essential Drucker compiles a "Reader's Digest Version" from his top works on management and leadership. Covering topics such as his famous predictions on knowledge work economy to the entrepreneurial spirit of the future employee. Drucker dives into managing and...
The plain-spoken stark insights in this book made me feel like I was reading philosophy although the subject matter is management. He really has pioneered a theoretical discipline of "management" and I found his thinking to be both pragmatically informative AND intellectually stimulating. Anyone interested in Organizational Behaviour or Management, or perhaps even economic organizational thought, should get a good dose of Peter Drucker--and I felt like I got that in this excellent compilation. H...
Reading The Essential Drucker is like listening to a boxed set from your favorite recording artist in vinyl format. The music is timeless and so is the business advice of Peter Drucker.Here are a hand-selected dozen of The Greatest Hits you will experience during this journey through six decades of mastering the art and science of management:There is only one valid definition of business purpose: to create a customer.Because its purpose it to create a customer, the business enterprise has two --...
I'm a total business book nerd- but I really enjoyed this one. Some of my favorite quotes:If communication fits in with the aspirations, the values, the purposes of the recipient, it is powerful. If it goes against his aspirations, his values, his motivations, it is likely to be received at all or at best to be resisted.Waste as little effort as possible on improving areas of low competence""commitment to contribution is commitment to responsible effectiveness" Most suppliers don't think of pric...
The Essential Drucker" is one of those books that is tough to review because it covers so much great content with such a deep level of insight. What's most remarkable is that he covers the huge subject of management in a 350 page book but it's so packed full of information that it seems like the book should have been more like 1,000 pages. He covers subjects such as "Dimensions of Management" (Mission, Worker Achievement, and Social Responsibilities), transparency and responsibility in organizat...
Peter Drucker has a certain reputation in the business of business philosophy, and The Essential Drucker (TED) doesn’t disappoint. These are the greatest hits from decades of writing: an eminently quotable collection of practical advice and abstract philosophy for the humans powering the knowledge economy.The balance of the wisdom that Drucker dispenses is aimed at practical steps that managers–and in the knowledge economy, everyone is a manager–can employ to futher their work. Focus objectives,...
The chapters in this book come from books and essays that were previously published. The preface identifies where the chapters came from.I finished reading "The Essential Drucker" today. I started reading it over a year ago and my reading in it languished. During that period of not reading it, I managed to pick up a second copy at a used book store. Even though I wasn't currently reading it, I have found his writings to be solid. Then, a few weeks ago I picked it up and began reading in earnest....
The person who recommended this book gave me a list of chapters he found worthwhile. I decided to ignore his advice and just read the whole thing. I probably should have just read the recommended chapters as some sections were much better than others. Fortunately, it's easy to skim through the slow parts. Worthwhile for sure.
overall, I liked the book. However, as someone in the entrepreneurial field, I was learning many of the concepts in the field and that makes you a bit resistant to some points. However, as a general rule book, I would say it's great for everyone who is dreaming to start a company or manage a group of people.
Every manager’s advisor. For me it’s not a book that you start at the 1st page and finish at the last page after some time. It’s a book that you always come back to find advice, solution or inspiration about people and business management.
Full of experience about people in business, in managing a business... he is right, one leads people as a manager! A must read if you are in any business.
Okay breathe, whew Spring semester down and I can say goodbye to Perter F. Drucker, the man whose sixty years of management experience has dominated my life since January. I have read, cited, quoted and paraphrased this man so much I feel like I know him, or definitely how he feels about management from starting a business, hiring, planning, testing, implementing innovation, the manager as an individual and how they lead an organization. I can start and go through each chapter but I won’t—LOL I
A-Z on Management, atleast for a beginner
“Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.”Highlights of Drucker's management body of knowledge created during 60 years, published almost 20 years ago... means the contents have to be taken with certain reservations (i.e. introducing the knowledge worker as a new phenomena). There are many ageless principles in this book as it's still very often cited by managemen...
What if you get a chance to learn 60 years of wisdom of management from the “Father of Modern Management” in simple language in just 3.5 hours? 3 quick takeaways:1. Every organization needs management to improve performance and results and it’s not just for profit organization (the latter will be business management). If humans come together to achieve a goal then it must be managed (e.g. volunteers for American Red Cross must be managed). 2. Every aspect of the organization must have objectives...
A fabulous tour of not just management, but the role of organisations in the present and how an individual can fit into that role. However there were times where I questioned how well the content has aged, having been published in 2001 -- I would be curious as how the late Peter Drucker may have updated some of his views in light of the past 20 years. This collection of essays is split into three sections: management, the individual and society; each decreasing in size and increasing in senility...
read this every year.
"Essential" isn't the word I'd use for this book ; it's a hodgepodge of Drucker's other books, apparently with guidance from a Japanese translator and I could hardly keep my eyes open on some chapters. I've not read Drucker's previous works though I'm certain they were great for their time. Peter Drucker does do a great job as a prognosticator in certain areas, and what you read here (some of it written in the late 1990s) is actually unfolding today within a business and a socioeconomic context....
Quotes from the book:-Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of a new ventures.-the most productive innovation is a different product or service creating a new potential satisfaction, rather than an improvement.-innovation may be finding a new uses for old products. A sales man who succeeds in selling refrigerators to Eskimos to prevent food from freezing would be as much of an...