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November 11, 2005
Peter Drucker
Of all those who have waded into the waters of understanding, theorizing and explaining the nature of business, Peter Drucker was the greatest. The Mt. Rushmore of management theory.
My two favorite Drucker aphorisms:
* "The purpose of a business is to create a customer."
* "Business has only two basic functions: marketing and innovation."
Peter Drucker, a Pioneer in Social and Management Theory, is Dead at 95.
Other blogs that reference Peter Drucker:
» Peter Drucker Passes from Business Ethics & Social Enterprise
I was reading Ben and Jackies blog, Church of the Customer, and learned the sad news that Peter Drucker passed away yesterday. The New York Times has a pleasant article in todays edition, which does a nice job of noting many of Drucker&#... [Read More]
Well said! One of my favorite and wisest things he said was that it's not the product or service that is the starting point for management, but what the customer considers value. VERY profound... and why I got into marketing...
Favorite Drucker quote, and the foundation of my practice -- "My greatest strength as a consultant is to be ignorant and ask a few questions."
According to one of the last pieces that Drucker wrote ("The American CEO", Wall Street Journal: December 20, 2004), the most critical attribute of an executive level manager consists of sound judgment. How the boards of Enron and Tyco, to name a few, could have benefited from that insight.
http://managementetmoi.blogspot.com/
is my vision on P Drucker management objectives
