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Management Challenges for the 21st Century Paperback – June 26, 2001
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Drucker sees the period we're living in as one of "PROFOUND TRANSITION--and the changes are more radical perhaps than even those that ushered in the 'Second Industrial Revolution' of the middle of the 19th century, or the structural changes triggered by the Great Depression and the Second World War." In the midst of all this change, he contends, there are five social and political certainties that will shape business strategy in the not-too-distant future: the collapsing birthrate in the developed world; shifts in distribution of disposable income; a redefinition of corporate performance; global competitiveness; and the growing incongruence between economic and political reality. Drucker then looks at requirements for leadership ("One cannot manage change. One can only be ahead of it"), the characteristics of the "new information revolution" (one should focus on the meaning of information, not the technology that collects it), productivity of the knowledge worker (unlike manual workers, knowledge workers must be seen as capital assets, not costs), and finally the responsibilities that knowledge workers must assume in managing themselves and their careers.
Drucker's writing career spans eight decades and the years have only served to sharpen his insight and perspective in a way that makes most other management texts seem derivative. While Management Challenges for the 21st Century is no quick airplane read, it is a wise and thought-provoking book that will both challenge and inspire the diligent reader. This book is for people who care about their businesses and careers in the information age--CEOs, managers, and knowledge workers. Highly recommended. --Harry C. Edwards --This text refers to the Hardcover edition.
From Library Journal
Copyright 1999 Reed Business Information, Inc. --This text refers to the Hardcover edition.
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Top Customer Reviews
In this context, in Chapter 5 of this invaluable book, Drucker focuses on knowledge worker. He says that "the most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the 'manual worker' in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of 'knowledge work' and the 'knowledge worker.' The most valuable assets of a 20th-century company were its production equipment. The most valuable asset of a 21st-century institution, whether business or nonbusiness, will be its knowledge workers and their productivity."
Thus, he defines six major factors determine knowledge worker productivity as follows:
1. Knowledge worker productivity demands that we ask the question: "What is the task?"
2. It demands that we impose the responsibility for their productivity on the individual knowledge workers themselves.Read more ›
Other superb books I recommend that I have recently read are Ponder's "The Leader's Guide: 15 Essential Skills," and any Ken Blanchard or Warren Bennis book.
At 90, Peter Drucker is, by all accounts, the most enduring management thinker of our time. Born in Vienna, educated in Austria and England, he has worked since 1937 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 leading companies. Drucker has since had a distinguished career as a teacher, including more than twenty years as Professor of Management at the Graduate Business School of New York University. With a long-term business perspective second to none, Drucker's books span sixty years of modern history beginning with The End of Economic Man (1939) and Managing in a Time of Great Change; Management: Tasks, Responsibilities, Practices; Innovation and Entrepreneurship; The Effective Executive; Managing for Results and The Practice of Management.
This book looks afresh at the future of management thinking and practice and defines new ways of delivering success. It deals exclusively with tomorrow's hot management issues-the crucial, central, life-and-death issues that are certain to be the major challenges of tomorrow. The biggest challenge will be knowledge worker productivity-what is it; how can it work; how do we manage knowledge workers and ourselves?Read more ›
Most Recent Customer Reviews
I have been a fan of Drucker's writing for many years. This book does not disappoint. Every chapter, every paragraph, is loaded with insights, and presented as only Drucker can,... Read morePublished 6 months ago by dgpal
Peter Drucker was famous for emphasizing strongly what we do not know instead of providing answers to wrong questions. All quotes below are original Drucker’s. Read morePublished 8 months ago by Peter de Toma sen.
I've been a fan of Peter Drucker for quite some time. His writing is clear and on point.Published 14 months ago by lindarabbit
Need I say something about Drucker ! This book is like heavenly nectar that you must enjoy and learn. Especially young students must read this before you start your life.Published 16 months ago by amehta
Drucker continues to demonstrate why all discussion regarding the practice of management lead back to him.Published on August 16, 2014 by William L. Mince