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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]
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 ...
In January 2004, Ito's name was added to the school's name, becoming the Peter F. Drucker and Masatoshi Ito Graduate School of Management. The school adheres to Drucker's philosophy that management is a liberal art, taking into account not only economics, but also an ethical, holistic dimension that includes history, social theory, law, and the ...
Peter Drucker discussed the knowledge economy in the book The Effective Executive 1966, [22] [31] where he described the difference between the manual workers and the knowledge workers. The manual worker is the one who works with their own hands and produces goods and services.
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.
Drucker's biographer Jack Beatty referred to it as "a book about business, the way Moby Dick is a book about whaling". [ 1 ] In writing and researching the book, Drucker was given access to General Motors resources, paid a full salary, accompanied CEO Alfred P. Sloan to meetings, and was given free run of the company.
Before and after In Search of Excellence, Peter Drucker was probably the preeminent management theorist. [11] Drucker presaged and covered similar perspectives to Peters and Waterman's approach to management theory, for example in Drucker's 1954 book The Practice of Management. Peters first read Drucker's The Effective Executive in 1968. [12]