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Peter F. Drucker
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The Practice of Management (Classic Drucker Collection) 1st Edition, Kindle Edition

by Peter Drucker (Author) Format: Kindle Edition
4.4 4.4 out of 5 stars 33 ratings
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This classic volume achieves a remarkable width of appeal without sacrificing scientific accuracy or depth of analysis. It is a valuable contribution to the study of business efficiency which should be read by anyone wanting information about the developments and place of management, and it is as relevant today as when it was first written.

This is a practical book, written out of many years of experience in working with managements of small, medium and large corporations. It aims to be a management guide, enabling readers to examine their own work and performance, to diagnose their weaknesses and to improve their own effectiveness as well as the results of the enterprise they are responsible for.
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  1. ISBN-10
    9780750685047
  2. ISBN-13
    978-0750685047
  3. Edition
    1st
  4. Sticky notes
    On Kindle Scribe
  5. Publisher
    Routledge
  6. Publication date
    July 26, 2012
  7. Part of series
    Classic Drucker Collection
  8. Language
    English
  9. File size
    2026 KB
  10. See all details
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Editorial Reviews

Review

'It is a tour de force, brilliantly conceived and admirably carried out. It is original, stimulating and full of wisdom. Every manager in British business should buy a copy. Boards of directors might well consider presenting one to every executive.'
The Times Review of Industry
'This is one of the best and certainly the most stimulating of books on management that had appeared for some years. Those who now manage ought to read it: those who try to teach management ought to buy it.'
The Times Educational Supplement

About the Author

Peter F. Drucker

Product details

  • ASIN ‏ : ‎ B008SA49WY
  • Publisher ‏ : ‎ Routledge; 1st edition (July 26, 2012)
  • Publication date ‏ : ‎ July 26, 2012
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 2026 KB
  • Simultaneous device usage ‏ : ‎ Up to 4 simultaneous devices, per publisher limits
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Sticky notes ‏ : ‎ On Kindle Scribe
  • Print length ‏ : ‎ 372 pages
  • Customer Reviews:
    4.4 4.4 out of 5 stars 33 ratings

About the author

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Peter F. Drucker

Peter F. Drucker

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Peter F. Drucker (1909-2005) was considered the top management thinker of his time. He authored over 25 books, with his first, The End of Economic Man published in 1939. His ideas have had an enormous impact on shaping the modern corporation. One of his most famous disciples alive today is Jack Welch. He was a teacher, philosopher, reporter and consultant.

Customer reviews

4.4 out of 5 stars
4.4 out of 5
33 global ratings

Top review from the United States

Angelo
5.0 out of 5 stars Five Stars
Reviewed in the United States on May 23, 2017
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Brilliant!
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Top reviews from other countries

Old Woden
5.0 out of 5 stars Old Woden
Reviewed in the United Kingdom on April 2, 2009
Verified Purchase
I first read this book in the mid sixties when I was studying to become an Accountant. In spite of what some previous reviewers say it is still relevent today. Drucker's anecdotes are often fasinating and show him to be a practical man rather than an academic. The mentioned story of the Wash room door simple shows that Management decisions often have the opposite result to those intended. Drucker's point that all organisations have their broken washroom doors is as clear today to any working manager as it was when the book was written in the Fifties.
Drucker's comments on the result of Management by Cost Cutting is to have Senior Executives make their own tea.
I have also always liked his proposal that the Chief Executive role is too big for one man but is in fact a Team effort. As I write in the Spring of 2009 we can all see the result of the Managing Director being a Dictator in the demise of our Banks and therefore our Econpmy.
Drucker also put forward the idea that the work force can not be managed by Fear or by Financial rewards. His formula for success was involvement in the Enterprise and greater responsibility and room for self expression. Things that seem to have been disregarded in large organisations today.
Drucker in this book was the first to use the term Management by Objectives and to put forward the idea that before a problem can be solved the problem has to be defined and understood.
Another key idea of Drucker's was that Management should if nothing else have Integrety.
And what about his purpose of a Business being to create a customer. Many organisations would do well to remember this today particularly the ones who deal in customer exploitation.
All these things are most relevent today. The more I think the more I feel that this book should be compulsive reading for todays Top Management and those aspiring to reach the top.
If you have an interest in real practical Management then please read and digest. If what you want is a magic formula for success that involves neither employees or customers then this book will probably seem dated and of little use.
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rose
5.0 out of 5 stars Excellent
Reviewed in the United Kingdom on May 25, 2022
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Excellent book
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Kindle Customer
4.0 out of 5 stars Four Stars
Reviewed in the United Kingdom on August 17, 2014
Verified Purchase
Great book, great man
One person found this helpful
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NikeB
5.0 out of 5 stars One of the best management books of all time
Reviewed in the United Kingdom on June 21, 2016
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Classic as it is. One of the best management books of all time. Loved it.
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S Smyth
3.0 out of 5 stars Worth reading.
Reviewed in the United Kingdom on February 25, 2008
Verified Purchase
To say that this book is remarkably relevant for a publication dating back to 1954 is little better than pointing out that getting out of bed is a prerequisite to a good day's work, or that the 1920 - 1930 architecture of Mies van der Rohe is still the cornerstone of today's architecture. That said, there are many good things to consider with regard to managing a PRIVATE business.

Much is made of management's responsibilities toward society. But this seems to me to be proposed from the context of fear and/or reprisal if management doesn't accept such a responsibility. Furthermore, as the example of `the mystery of the washroom doors' made clear, the managed are content to axe down a washroom door in preference to spending twenty cents of their own money to purchase a new key to replace a lost key, and let the thousands of dollars worth of repair bills fall to management whose fault it was for making a claim for new keys too difficult. `That'll learn em!'

The biggest impediment to management as advocated in this book, is government. Government in consort with a myriad of non-elected bodies now compels a business, through draconian legislation, to conform to a specified role in society. In Drucker's day, this was more a matter of choice. However, with the politically sound MBA acting as the government's executive we have returned to a situation very similar to that of post-revolution Russia where the business was an adjunct of government. This is why the disparity in executive pay compared to the general labour is so acute today. And why this book is outdated.
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