Peter F. Drucker Boxed Set (8 Books) (The Drucker Library)

CHAPTER TWO

Management’s New Role

THE MAJOR ASSUMPTIONS on which both the theory and the practice of management have been based these past fifty years are rapidly becoming inappropriate. A few of these assumptions are actually no longer valid and, in fact, are obsolete. Others, while still applicable, are fast becoming inadequate; they deal with what is increasingly the secondary, the subordinate, the exceptional, rather than with the primary, the dominant, the ruling function and reality of management. Yet most men of management, practitioners and theoreticians alike, still take these traditional assumptions for granted.

To a considerable extent ...