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Peter Ferdinand Drucker (/ ˈ d r ʌ k ər /; German:; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory.
The Peter F. Drucker and Masatoshi Ito Graduate School of Management, or more commonly, the Drucker School of Management, is the business school of Claremont Graduate University, which is a member of the Claremont Colleges. The school is named in honor of Peter Drucker, who taught management at the school for over 30 years.
Management by objectives (MBO), also known as management by planning (MBP), was first popularized by Peter Drucker in his 1954 book The Practice of Management. [1] Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding how to achieve each objective in sequence.
The Global Peter Drucker Forum is an international management conference dedicated to the management philosophy of Peter Drucker. Drucker, who lived from 1909 to 2005, was a management professor, writer, and consultant, frequently referred to as a "management guru". The Forum is held annually in November, in Drucker's home town of Vienna, Austria.
This framework enables the individual setting the goal to have a precise understanding of the expected outcomes, while the evaluator has concrete criteria for assessment. The SMART acronym is linked to Peter Drucker's management by objectives (MBO) concept, illustrating its foundational role in strategic planning and performance management. [4]
Peter Drucker suggested that operational objectives should be SMART, which means specific, measurable, achievable, realistic, and time constrained. [3]First, an operational objective should be specific, focused, well defined and clear enough rather than vague so that employees know what to achieve via the work. [4]
It follows high school girl Minami Kawashima who manages her school's baseball team using Peter Drucker's Management: Tasks, Responsibilities, Practices to rally her dispirited teammates. A 10-episode anime television series by Production I.G aired between April and May 2011. A live-action movie was released in Japan on June 4, 2011.
The term 'knowledge work' appeared in The Landmarks of Tomorrow (1959) by Peter Drucker. [12] Drucker later coined the term 'knowledge worker' in The Effective Executive [13] in 1966. Later, in 1999, he suggested that "the most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and ...