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The Frontiers of Management offers stimulating and profitable reading for both existing Drucker disciples and those new to his writing. This collection of thirty-five finely balanced articles and essays, plus an interview and afterword, was planned by the author from the beginning to be published eventually in one volume and as variations on one unifying theme - the challenges of tomorrow that face the executive today. What kind of tomorrow it will be depends heavily on the knowledge, insight, foresight and competence of the decision makers of today. The future is in the hands of executives who are already fully occupied with the daily crisis, and for whom the daily crisis is the one absolutely predictable event in their working day. It is to these people that this Drucker volume is addressed, to enable them to see and to understand the long-range implications and impacts of their immediate, everyday, urgent actions and decisions.

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Book Details

ISBN: 9780750621823
ISBN-10: 0750621826
Format: Paperback
(234mm x 156mm x 20mm)
Pages: 384
Imprint: Butterworth-Heinemann Ltd
Publisher: Taylor & Francis Ltd
Publish Date: 19-Oct-1994
Country of Publication: United Kingdom

Reviews

US Kirkus Review » Another 37 pieces of Drucker's lively mind. The wide-ranging collection covers the period from 1982 through mid-1986 in four main sections: Economics; People; Management; and The Organization. Among other accomplishments, Drucker contrives to give a fresh spin to some comparatively banal themes, e.g., that change affords opportunity and the global economy represents a primary engine of domestic growth. To illustrate, he warns against beggar-thy-neighbor policies; in assessing America's deficit-ridden trade account, though, he points out that Washington could effectively expropriate reluctant importers like Japan simply by devaluing the dollar. Expressing little faith in government's capacity to experiment, Drucker looks to business management for needed social innovation; enterprising executives, he observes, can take credit for the research lab, farm agents, the Eurodollar, commercial paper, and other breakthroughs. In the meantime, well-educated and ambitious baby boomers have created a sort of gridlock in labor markets. The situation augurs well for entrepreneurship in the US, Drucker concludes. But, he cautions, companies that wish to retain the best and brightest young employees will have to satisfy their generally great expectations in creative ways. The author also casts a cold eye on hostile takeovers, the breakup of Ma Bell, US antitrust policy, and the future of trade unions. Throughout, Drucker displays a refreshingly deft touch. At the outset of an essay evaluating the effect of managerial nest-feathering, for example, he notes: "Executive compensation played Banquo's ghost in the 1984 labor negotiations." An agreeable blend of ad-rem commentary and prescriptive counsel, with durable appeal for a broad readership. (Kirkus Reviews)


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Author Biography - Peter Ferdinand Drucker

Born in Vienna in 1909, Peter F. Drucker was educated in Austria and England. From 1929 he was a newspaper correspondent abroad and an economist for an international bank in London. Since 1937 he has been in the United States, first as an economist for a group of British banks and insurance companies, and later as a management consultant to several of the country's largest companies, as well as leading companies abroad. Drucker has since had a distinguished career as a teacher, first as Professor of Politics and Philosophy at Bennington College, then for more than twenty years as Professor of Management at the Graduate Business School of New York University. Since 1971 he has been Clarke Professor of Social Science at Claremont Graduate School in California. In addition to his management books, Peter Drucker is also renowned for his prophetic books analysing politics, economics and society. These books span fifty years of modern history beginning with The End of Economic Man (1939) and including The Practice of Management; Innovation and Entrepreneurship; Managing in the Next Society; Management Challenges in the 21st Century; The Effective Executive and The Essential Drucker.