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November 12, 2005
Management Guru Peter Drucker 1909-2005

Management expert Peter Drucker passed away at age 95. Peter F. Drucker Information from Claremount University.

In 2002, Peter Ferdinand Drucker was awarded the United States Presidential Medal of Freedom.

Drucker, was born in Vienna, Austria, in 1909 and moved to the United States in 1937. He taught at New York University as Professor of Management from 1950 to 1971. From 1971 through 2002 he taught at Claremont University. The university’s School of Management was named for him in 1987.

He has written influential works about management since the 1940s. He has written about 30 books, and from 1975 to 1995 he was an editorial columnist for the Wall Street Journal.

He consulted for businesses and non-profit organizations. In 1990 he founded what is now the Leader to Leader Foundation. Curious Cat Peter Drucker Biography.

Management Visionary Peter Drucker Dies by Patricia Sullivan:

“There is only one valid definition of business purpose: to create a customer,” he said 45 years ago. Central to his philosophy was the belief that highly skilled people are an organization’s most valuable resource and that a manager’s job is to prepare and free people to perform. Good management can bring economic progress and social harmony, he said

Mr. Drucker demanded that public and private organizations operate ethically and decried managers who reap bonuses by laying off employees. “This is morally and socially unforgivable, and we will pay a heavy price for it,” he said.

Addition: My Grandfather, Peter Drucker, Died Today

Update 2: Management Guru Peter Drucker - podcast interview, on NPR, with Peter Drucker on management, the state of the world today and where we are headed. A profound view from Peter Drucker in his 95th year.

News articles: washingtonpost.com - CNN - LA Times

One Response to “Management Guru Peter Drucker 1909-2005”

  1. CuriousCat: Drucker Opinion Essays from the WSJ Says:

    The Five Deadly Business Sins, 1993: 1) the worship of high profit margins and of “premium pricing” 2) mispricing a new product by charging “what the market will bear 3) cost-driven pricing…

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