Essays Tagged: "Drucker"
"The age of the knowledge worker". What does this mean, and how might control methods and strategies differ as the job and workforce change in this way.
The Manual Worker replaced by the Knowledge WorkerDrucker saw the knowledge worker come of age in the 21st century. In order to analyse its effects an ... ge worker come of age in the 21st century. In order to analyse its effects and application methods, Drucker compared the Knowledge worker to the prior economy consisting of the "Manual Worker". The Kn ... ereas the Manual-Worker economy is focused on production equipment and non-human capital. To assist Drucker's comparison, he focused on the productivity of the knowledge economy, whilst claiming produ ...
Subjects: Businesss Research Papers > Management
Management control in General Jeans company
d, if not market - driven, then it will succeed only in creating an opportunity for a competitor". (Drucker 1986: 213)Changes in the 60's pop culture impacted upon designs and manufacturing, GJ are re ... provides flexibility advantages, without which manufacturers lose their competitive edge quickly. (Drucker 2002:72) Deubridge and Lowe (1998:144) explain that inflexibility leads to reliance on stand ...
Subjects: Businesss Research Papers > Case Studies > Clothing, Footwear and Cosmetics
The Leadership Qualities Necessary for a Successful Manager.
constitute a very important part of such resources that are available to the manager. According to Drucker (1968), a manager is someone who works with, and through people towards the achievement of s ...
Subjects: Businesss Research Papers > Management > Leadership and Communication
Book Review: The Practice of Management by Peter F. Drucker
The Practice of Management by Peter F. Drucker. Harper & Row, 1954This book is divided into 6 main parts: Managing A Business; Managing ... Of Workers And The Worker; What It Means To Be A Manager; and a conclusion.In Managing a Business, Drucker stresses the importance of the customer , not economic or market forces, in defining a busin ... states that "there is only one valid definition of business purpose: to create a customer." (p.37) Drucker goes on to say that any business enterprise has two basic functions - marketing and innovati ...
Subjects: Businesss Research Papers > Management
Society and Organisational Work Practices - By Aseem Jain
managers, or even how to improve the practice of management, will be a myth. The answer provided by Drucker states that "The manager is the dynamic, life-giving element in every business. Without his ... of its managers is the only effective advantage an enterprise in a competitive economy can have." (Drucker, 1995, 13). This famous 'definition' has, to a certain extent, outlined the general characte ...
Subjects: Businesss Research Papers > Management
MANAGEMENT BY OBJECTIVES How does MBO complement the planning function of management? What are its advantages and disadvantages? What are your conclusions on its use.
Management by Objectives (MBO) was first introduced by Drucker in the 1950's as a system called 'management by objectives and self-control' (Dinesh & P ... ves and self-control' (Dinesh & Palmer, 1998.) The original basis for the system, as defined by Drucker, was that an organisation would be more successful if "their efforts all pull in the same di ... er to produce a whole, without gaps, without friction, without necessary duplication of effort..." (Drucker 1955, sited in Dinesh & Palmer, 1998.) The focus was on goal alignment as a way to impro ...
Subjects: Businesss Research Papers > Management
Can planned change be implemented in a rapidly changing business environment? - Using the Planned Change Model
ment itself rapidly changing. In fact, uncertainty in the business environment has become so great (Drucker, 1995), the case for planned change is easily undermined (Wilson, 1992). The planned change ... rapidly, change management is a process that needs to be built into every organisation's structure (Drucker, 1995). Managers need to review the organisation's products, processes, procedures and polic ...
Subjects: Businesss Research Papers > Management
McKinsey Case Study Analysis
and Co. Case Study AnalysisThis paper applies the management by objective (MBO) philosophy of Peter Drucker to the case study analysis of McKinsey and Company (McKinsey). Founded in 1926 by James "Mac ... s of change and discuss future decisions and direction under a new managing director.Key Aspects of Drucker's PhilosophyPeter Drucker is recognized as the founder of modern management. He advocated fo ...
Subjects: Businesss Research Papers > Case Studies
Drucker
ingly; a college graduate makes more money than a high school graduate does.With reference to Peter Drucker's essay "The Age of Social Transformation," competitive employers search for his redef ... y, the knowledge will have grown to become an effective instrument. This leads to an agreement with Drucker: "Only the organization can provide the basic continuity that knowledge workers need in orde ...
Subjects: Businesss Research Papers
Black water rafting, internal and external environment. strategic management
ide the organisation what the organisation stands for and where it is heading. Some authors such as Drucker (1974), Argenti (1986) and Johnson & Scholes (1999) state that a mission statement is es ...
Subjects: Businesss Research Papers > Case Studies