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At Claremont Graduate University, the Peter F. Drucker Graduate Management Center – now the Peter F. Drucker and Masatoshi Ito Graduate School of Management – was established in 1987 and continues to be guided by Drucker's principles. [75] The annual Global Peter Drucker Forum was first held in 2009, the centenary of Drucker's birth. [76]
Peter Drucker reminds us that "effectiveness can and must be learned". [3] Self-control – in the general sense, controlling one's own actions and states Attention management – Study of directing and maintaining human attention; Stress management – Techniques and therapies to manage stress
The cover of The Peter Principle (1970 Pan Books edition). The Peter principle is a concept in management developed by Laurence J. Peter which observes that people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not ...
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
The philosophy of business considers the fundamental principles that underlie the formation and operation of a business enterprise; the nature and purpose of a business, and the moral obligations that pertain to it.
Peter Drucker (1909–2005) wrote one of the earliest books on applied management: Concept of the Corporation (published in 1946). It resulted from Alfred Sloan (chairman of General Motors until 1956) commissioning a study of the organization. Drucker went on to write 39 books, many in the same vein.
Barnard's book also anticipated In Search of Excellence by Tom Peters and Robert H. Waterman, Jr., the concept of management by objectives that Peter Drucker popularized, the two-factor theory of Frederick Herzberg, and Maslow's hierarchy of needs. [5]: 79–80 Examples of papers that have examined Barnard's "zones of indifference" concept include:
Applied ethics – using philosophical methods, attempts to identify the morally correct course of action in various fields of human life.. Economics and business Business ethics – concerns questions such as the limits on managers in the pursuit of profit, or the duty of 'whistleblowers' to the general public as opposed to their employers.