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Home > Business & Economics > Finance & Accounting > Management Challenges for the 21st Centu-eBook
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Management Challenges for the 21st Centu
Peter F. Drucker discusses how the new paradigms of management have changed and will continue to change our basic assumptions about the practices and principles of management. Forward-looking and forward-thinking, Management Challenges for the 21st Century combines the broad knowledge, wide practical experience, profound insight, sharp analysis, and enlightened common sense that are the essence of Drucker's writings and "landmarks of the managerial profession." -Harvard Business Review
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Title of ebook: Management Challenges for the 21st Centu
ISBN: 9780060546793
Publisher: HarperCollins e-books
Internet download file size: 497 kb
Released online for download: 11-01-2002
Author of eBook: Drucker, Peter F.

Management Challenges for the 21st Century


Chapter One

Management Is Business Management

For most people, inside and outside management, this assumption is taken as self-evident. Indeed management writers, management practitioners and the laity do not even hear the word "management"; they automatically hear business management.

This assumption regarding the universe of management is of fairly recent origin. Before the 1930s the few writers and thinkers who concerned themselves with management—beginning with Frederick Winslow Taylor around the turn of the century and ending with Chester Barnard just before World War II—all assumed that business management is just a subspecies of general management and basically no more different from the management of any other organization than one breed of dogs is from another breed of dogs.

The first practical application of management theory did not take place in a business but in nonprofits and government agencies. Frederick Winslow Taylor (1856-1915), the inventor of "Scientific Management," in all probability also coined the terms "Management" and "Consultant" in the ... read full excerpt from Management Challenges for the 21st Centu ebook



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