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In: Accounting

Write about the contribution of Drucker to management

Write about the contribution of Drucker to management. Give details Explaination

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Expert Solution

Management is a multipurpose organ that manages a business and manages manager, and manages worker and work.”— Peter F. Drucker: The Practice of Management.

Drucker stresses three jobs of management:

 

Managing a business;

Managing manager; and

Managing workers and work.

Even if one is omitted, It would not have management anymore and it also would not have a business enterprise or an industrial society. According to P. Drucker, the manager has” to balance and integrate three major jobs of a business enterprise as mentioned above.

 

Hence, a manager is a dynamic and life-giving element in every business. Without efficient management it cannot be possible to secure the best allocation and utilisation of human, ‘ material and financial resources.


Management is a multipurpose organ that manages a business and manages manager, and manages worker and work.”— Peter F. Drucker: The Practice of Management.

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