Subject: marketing_leadership-club] Peter F Drucker Passes Away
news on monday 14 Nov 2005
>> PETER F. DRUCKER PASSES AWAY
>>
>> Peter F. Drucker, the world's foremost pioneer of management theory,
>> died this morning. He was 95.
>>
>> Drucker was the Marie Rankin Clarke Professor of Social Sciences and
>> Management at Claremont Graduate University (CGU) from 1971 to 2003
>> where he continued to write and consult up to the time of his death.
>>
>> Drucker's career as a writer, consultant and teacher spanned nearly 75
>> years. His groundbreaking work turned modern management theory into a
>> serious discipline. He influenced or created nearly every facet of its
>> application, including decentralization, privatization, empowerment, and
>> understanding of "the knowledge worker."
>>
>> "What distinguishes Peter Drucker from many other thought leaders in my
>> mind is that he cared not just about how business manages its resources,
>> but also how public and private organizations operate morally and
>> ethically within society," said Cornelis de Kluyver, dean of the Peter
>> F. Drucker and Masatoshi Ito Graduate School of Management at Claremont
>> Graduate University. "He respected the values of education, personal
>> responsibility, and business' accountability to society. His true legacy
>> is his insistence on this value system, and its effect on business,
>> society, and individual lives."
>>
>> Born November 19, 1909, in Vienna, Drucker was educated in Austria and
>> England and earned a doctorate from Frankfurt University in 1931. He
>> became a financial reporter for Frankfurter General Anzeiger in
>> Frankfurt, Germany, in 1929, which allowed him to immerse himself in the
>> study of international law, history and finance.
>>
>> Drucker moved to London in 1933 to escape Hitler's Germany and took a
>> job as a securities analyst for an insurance firm. Four years later he
>> married Doris Schmitz and the couple departed for the United States.
>>
>>
>> In 1939, Drucker landed a part-time teaching position at Sarah Lawrence
>> College in New York. He joined the faculty of Bennington College in
>> Vermont in 1942 and the next year put his academic career on hold to
>> spend two years studying the management structure of General Motors.
>> This experience led to his book "Concept of the Corporation," an
>> immediate bestseller in the United States and Japan, which validated the
>> notion that great companies could stand among humankind's noblest
>> inventions.
>>
>> From 1950 to 1971, Drucker was a professor of management at the
>> Graduate Business School of New York University. He was awarded the
>> Presidential Citation, the university's highest honor.
>>
>> Drucker came to California in 1971, where he was instrumental in the
>> development of the country's first executive MBA program for working
>> professionals at Claremont Graduate University (then known as Claremont
>> Graduate School). The university's management school was named the Peter
>> F. Drucker Graduate School of Management in his honor in 1987. He
>> taught his last class at the school in the spring of 2002. His courses
>> consistently attracted the largest number of students of any class
>> offered by the university.
>>
>> Drucker had long wished to have the name of a benefactor attached to the
>> school that bore his name. His wish was fulfilled in January of 2004,
>> when the name of his friend, Japanese businessman Masatoshi Ito, was
>> added to the school. It is now known as the Peter F. Drucker and
>> Masatoshi Ito Graduate School of Management.
>>
>> The school adheres to Drucker's philosophy that management is a liberal
>> art--one that takes into account not only economics, but also history,
>> social theory, law, and the sciences. As Drucker said, "it deals with
>> people, their values, their growth and development, social structure,
>> the community and even with spiritual concerns . . . the nature of
>> humankind, good and evil."
>>
>> Drucker's work had a major influence on modern organizations and their
>> management over the past 60 years. Valued for keen insight and the
>> ability to convey his ideas in popular language, Drucker often set the
>> agenda in management thinking. Central to his philosophy is the view
>> that people are an organization's most valuable resource, and that a
>> manager's job is to prepare and free people to perform.
>>
>> Drucker's ideas have been disseminated in his 39 books, which have been
>> translated into more than 30 languages. His works range from 1939's "The
>> End of the Economic Man" to "Managing in the Next Society" and "A
>> Functioning Society," both published in 2002, and "The Daily Drucker,"
>> released in 2004. His last book coauthored with Joseph A. Maciariello,
>> "The Effective Executive In Action" will be published by Harper Collins
>> in January of 2006.
>>
>> Drucker created eight series of educational movies based on his
>> management books and 10 online courses on management and business
>> strategy. He was a frequent contributor to magazines and a columnist for
>> the Wall Street Journal from 1975 to 1995.
>>
>> A highly sought-after consultant, Drucker specialized in strategy and
>> policy for both businesses and not-for-profit organizations. He worked
>> with many of the world's largest corporations, with small and
>> entrepreneurial companies, with nonprofits and with agencies of the
>> United States government, as well as the governments of Canada and
>> Japan.
>>
>> In recent years, Drucker focused much of his time on working with
>> nonprofit organizations, often pro bono. The Salvation Army, C.A.R.E.,
>> the American Red Cross, the Navajo Indian Tribal Council, the American
>> Heart Association, and his local Episcopal church in La Verne,
>> California, all benefited from his counsel.
>>
>> Drucker was awarded the Presidential Medal of Freedom in July 2002 by
>> President George W. Bush in recognition for his work in the field of
>> management. He received honorary doctorates from universities in the
>> United States, Belgium, Czechoslovakia, Great Britain, Japan, Spain and
>> Switzerland.
>>
>> Drucker and his wife, Doris, have four children, and six grandchildren.
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