"Druker thougths will live on for many decades to come".

books:


	• Management Challenges for the 21st Century Peter F. Drucker Collins Business, 2001 - 224 pages average customer review:based on 59 reviews view larger image
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highly recommended

A must have for managers

Drucker outlines lessons that management can learn from the changing world economy and population.

1. Management is not just business management, but is the ability to take advantage of opportunities in sectors of the economy that are likely to experience growth in the future, like education, the professions, and healthcare.
2. Recognize that there is not one ideal way to organize an enterprise. Both "team" organization and the "CEO cult of personality" have their shortcomings. It can be difficult for teams to make decisions effectively and popular CEO's must have successors. You must find the right balance of organization that fits your company's business needs.
3. There is no one way to organize employees. You need to lead workers rather than manage employees. This is because management increasingly does not know the areas of expertise that employees possess, and employees are now seeking interesting and rewarding work.
4. National boundaries and regional markets will become less defining factors of the companies boundaries. Innovations in an industry don't necessarily come from within the industry anymore. Further, national governments will be less able to protect local industries from facing the competitiveness of the global industry leaders. Global competitiveness must become a strategic goal for the business.

Drucker also outlines the economic consequences of the declining birthrate in the developed countries. A declining birthrate means that the working population will become progressively older. New relationships must be forged with older workers, especially knowledge workers. Companies that attract and retain knowledge workers past retirement age will gain a significant competitive advantage.

Managers must become Change Leaders, who direct inevitable change in a controlled and orderly fashion. Managers must look to extending the lifespan of their companies and approaching change as a source of business opportunity.

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So Many Interesting Thoughts

One of Peter Drucker's last books. He was originally going to write a life's work summary, but changed his mind to write a prophetic type of book. His two big topics are (1) the declining birth rate in developed countries, and (2) the transition from skilled laborers ("tin bending") work to the knowledge worker ("technologists").

His discussions are fascinating and I won't steal any of his thunder other than to say that he feels traditional management techniques based on time and motion studies (Total Quality Management is the latest rendition) do not motivate the knowledge worker.

Drucker's second big point is in extreme harmony with Marcus Buckingham's work (which I suggest reading first). Drucker has a similar message as Buckingham, motivated from a completely different viewpoint.

The book also has some self-help. Do you know what your boss' learning style is? Don't you think you should have asked that on the first day? Drucker thinks so, and explains why.

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Great Set Of Essays Which Will Make You Think

Peter Drucker writes a set of essays which present an outlook of the greatest challenges ahead such as the definition and role of the knowledge worker, the role of management, demographics and innovation. It will definitely make you think a lot... as all good books should.

Addressing the Future IT Workforce

Drucker challenges its readers to think about the future of society by addressing management challenges for the 21st century. By comparing yesterday's assumptions to today's realities, he helps connect the dots. Drucker strategically pinpoints what management challenges we can learn from the past, and at the same encouraging readers to ask the right questions to address how we can use this knowledge to prepare for what's ahead.

I also found Drucker's message inspirational and eye-opening. It's a reminder that today's Informational Revolution has been part of an evolving cycle, which started before printing presses were invented. He emphasizes, for example, that today's Information Revolution is not led by the technology folks but by those in other fields, such as finance and accounting. I applaud this, as the key message that should be emphasized today in preparing the future IT workforce is to diversify. Excitement over technologies such as the printing presses, software, and hardware is all part of what makes the IT industry exciting--but not THE key elements for career survival. Drucker does a great job addressing that in this book. Albeit unintentional, Drucker does a great job addressing this.

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"Druker thougths will live on for many decades to come".

Management new paradigms, strategy, the change leader, information challenges, knowledge worker productivity, managing oneself, Druker proved himself more than capable in his definitions and unique challenge to managers. Rather of a retrospective of his past work "he set aside to wirte not the known past but the unknown future".
Peter Drucker discusses the profound social and economic changes occurring today and considers how management--not government or free markets--should address these new realities in the workplace. "Management is Business Management in all kind of organizations". This book is easy to read. For most content may be wider than how we think management usually is. Druker wrote in his introduction " the advice in this book requires a reversal of what most people have thought about management for more than a century". Peter Drucker discusses how the new paradigms of management have change and will continue to change our basics assumptions and principles of management.

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reviews: page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

Peter F. Drucker discusses how the new paradigms of management have changed and will continue to change our basic assumptions about the practices and principles of management. Forward-looking and forward-thinking, Management Challenges for the 21st Century combines the broad knowledge, wide practical experience, profound insight, sharp analysis, and enlightened common sense that are the essence of Drucker's writings and "landmarks of the managerial profession." --Harvard Business Review

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