​THE THEORY OF THE BUSINESS

THE BUSINESS ACUMEN OF THE GENIUS OF PETER F. DRUCKER Not in a very long time—not, perhaps, since the late 1940s or early 1950s—have there been as many new major management techniques as there are today: downsizing, out-sourcing, total quality management, economic value analysis, benchmarking, reengineering. Each is a powerful tool. But, with the exceptions … Continue reading ​THE THEORY OF THE BUSINESS

​Management: Meetings as a herald of deficiency

THE ART AND SCIENCE OF MANAGEMENT A common time-waster in the modern day’s corporation is malorganization. Its symptom is an excess of meetings. Meetings are by definition a concession to a deficient organization for, one either meets or one works. One cannot do both at the same time. In an ideally designed structure (which in … Continue reading ​Management: Meetings as a herald of deficiency

​Peter Drucker on delegation in management

MASTERY OF TIME  There has been for years a great deal of talk about “delegation” in management. Every manager whatever the organization—business, government, university, NGO, or armed service—has been exhorted to be a better “delegator.” In fact, most managers in large organizations have themselves given this sermon and more than once. I have yet to … Continue reading ​Peter Drucker on delegation in management