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The Drucker Perspective Posts


Would you like to come up with innovations that mark you as an extraordinary performer? I’m talking about innovators like Frederick Smith who thought up the idea behind FedEx while still in college, or Albert Einstein who developed the The...
Drucker wrote that the purpose of strategy is to enable an organization to achieve its desired results in an unpredictable environment. So contrary to what many believe, strategy is not about achieving results in a known and foreseeable environm...
How to Avoid Major Failure
Published: 2011-08-01
You can’t avoid failure completely because sometimes you’re going to make mistakes, or if not you, someone will make them for you. These kind of failures can be very valuable in that you will know what and what not to do and avoid si...
Drucker’s Most Incredible Idea
Published: 2011-07-05
Drucker was fond of pointing out that the greatest advances in management came from taking ideas from a completely different field and applying them to the manager’s own. Ordinary managers simply took ideas developed in their own functiona...
Quality is a very necessary and important part of the product or service that you offer, whether the product is an automobile or an airplane, potential candidates for a job, or due diligence accomplished by a consultant, attorney, or accountant...
No one can guarantee the performance of a manager or executive appointed to a new position. Indeed, if the reports and surveys we are constantly bombarded with are correct, we can safely say most executives make poor promotion...
In knowledge work and in most customer service work, productivity improvement requires the elimination of whatever activities do not contribute to performance. Non-productive activities sidetrack and divert from performance. Eliminati...
Almost every organization wants to produce meaningful innovation. It is an area to which the most attention is being given today. Innovation is just one component in what is being called "change management." Organized abandonme...
Editor's note: Peter F. Drucker had a special genius for asking the right questions. Indeed, one of his most notable principles was: "You will attain the greatest results in business (or any other institution...
Editor's note:This is a relatively long article. We ask you to stay with it.A joke once told by Harvard's Ted Levitt: "'It appears the biggest problem we have in America today is ignorance and apathy, don't you agree, B...
Editor's note: It's important to master the pilot mentality. President Obama is attempting to "sell" health care reform rather than "market it" to the American public. Trying to go system wide immediately is a recipe for disast...
During his campaign, President Obama repeatedly promised to streamline the federal government, reduce waste and make government more effective.Yet it seems that everything this administration does violates basic management principles that...
Editor's note: Countless books, business press articles, conferences and the like have been devoted to the topic of change management. Much coverage of this extremely important topic tends to ignore the incredible insights and...
Editor’s note: It is suggested that this article be read concurrently with the article:
Economists...anti-tax tea protesters nationwide...CEOs from major organizations...and management experts have hoisted the warning signals.And the Obama administration had better read them carefully.Because the spending decisio...
Editor's note: We suggest that prior to reading this article, you read
Performance measurement and control systems. It's a hot topic these days—in the business press, in books, in the world of management.Whether you are managing a call center or internal HR operation...or spearheading a Six Sigma proje...
A Return to Optimism
Published: 2009-07-06
Everyone is in shock. After many years of uninterrupted business growth, we are experiencing a deep recession.Senior executives, smart as they are, are panicked. With minimum or no experience in managing an economic downturn, many are pro...
How to Extend Your Product's Life
Published: 2009-06-15
Editor’s note: Peter F. Drucker created and publicized the marketing concept. His beautifully clear summary of the concept was, typically, put into a broader context.He said: "The purpose of a business is to create a customer." T...
A fruit tree grows stronger and fuller when it is pruned periodically. In a long-out-of-print book titled The Folklore of Management, Clarence B. Randall, a retired president of Inland Steel, expressed this thought most elegantly:
The marketing concept of the 1950s was an immediate hit. Academicians seized upon it, talked about it, wrote about it and told the uninitiated how this marvelous concept, with its logical simplicity, could transform a "sleepy" organization into an en...
Economists...anti-tax tea protesters nationwide...CEOs from major organizations...and management experts have hoisted the warning signals.And the Obama administration had better read them carefully.Because the spending decisio...
Brace yourself for a tough economy. Many years of uninterrupted business growth have made many organizations grow slack and become easygoing and downright neglectful of fundamental business principles.There's been lots of talk about post-...
Ideation vs. Innovation
Published: 2009-03-11
Both Peter F. Drucker and Harvard's Ted Levitt noted that creativity is only one part of successful innovation. They provided a treasure trove of practical insights into the notions of creativity, ideation and innovation. People o...
I can almost see professor Peter Drucker, widely acknowledged as the creator and inventor of modern management, gazing out his office window at Claremont Graduate University and pondering the widespread economic malaise that has affected nearly every...