Peter Drucker and Management

Conclusion

DOI: 10.4324/9781003410485-11

Drucker did not see any of his specific ideas regarding management as being his most significant contribution. Although he introduced us to the importance of management by objectives and self-control, the relationship between structure and strategy, and the importance of the decision-making process, his primary contribution, in his eyes, was that “the organization is a human, a social, indeed a moral phenomenon.” Coming from a background in political science and philosophy, Drucker viewed the corporation as “a social and political phenomenon rather than as an ‘economic’ one alone” and emphasized that responsibility, not power, were central to organizations (Drucker, 1985, p. 8).

Viewed mainly as a management ...