Book Description
“We need a new theory of management. The assumptions built into business today are not accurate.”-Peter Drucker
For sixteen months before his death, Elizabeth Haas Edersheim was given unprecedented access to Peter Drucker, widely regarded as the father of modern management. At Drucker's request, Edersheim, a respected management thinker in her own right, spoke with him about the development of modern business throughout his life-and how it continues to grow and change at an ever-increasing rate.
The Definitive Drucker captures his visionary management concepts, applies them to the key business risks and opportunities of the coming decades, and imparts Drucker's views on current business practices, economic changes, and trends-many of which he first predicted decades ago. It also sheds light onto issues such as why so many leaders fail, the fragility of our economic systems, and the new role of the CEO. Drucker's insights are divided into five main themes that the modern organization needs to, as Drucker would say, “create tomorrow” by
- Connecting with customers
- Innovating without abandoning what works
- Developing lasting partnerships
- Creating and retaining knowledge workers
- Establishing disciplined decision making
Drucker's penetrating questions, posed to those seeking his advice, helped business, corporate, and political leaders throughout the 20th century to see their work in a new perspective, and create phenomenal innovation. Edersheim's extensive interviews with some of these luminaries, including Warren Bennis, Ram Charan, Bill Gates, George Gallup, Jr. and A.G. Lafley offer compelling commentary on Drucker's vast influence.
Delivering keen analysis and revealing insights into business, The Definitive Drucker is a celebration of this extraordinary man and his life's work, as well as a unique opportunity to learn from Drucker's final business lessons how to strategize, compete, and triumph in any market.
Customer Reviews:
A story of the interview process.......2007-09-22
I enjoyed this book. The author shared her experience of going to Peter Drucker's home over a period of time to interview him and recounts having to contend with Peter's wife and the 2 hour limitations on his time thru her. The book presents his theories of business management and real life examples how companies employed them and where certain com[anies did not employ them.
Very good reading.......2007-08-09
I enjoy reading this book. It's a very useful abstract about the most important Drucker management ideas. I strongly recommend it.
Drucker as For-Profit Management Expert and Consultant for Large Companies with Newer Examples .......2007-05-28
I had the good fortune to spend one to three days a year with Peter Drucker from 1992-1999: He consulted with Carol Coles and me in developing research and consulting services for lowering the cost of capital, launching the 400 Year Project to accelerate global progress by 20 times during 2015 through 2035, and in writing about what the next generations of leadership best practices would be like. You can get a glimpse of that connection in Jack Beatty's book, The World According to Peter Drucker. I also will be writing more about Peter's ideas on and contributions to these subjects in the forthcoming book, Adventures of an Optimist.
I once asked Peter how he would guard his intellectual legacy after his death. He confidently replied that he had a very good plan and that all would be well. Having seen that this book was published after his death under the title, The Definitive Drucker, I'm not so sure he was right about protecting his intellectual legacy.
For the record, this book is not the definitive book on Peter Drucker. Why?
1. The book is almost totally devoted to his ideas about for-profit management as pursued by very large companies.
2. There is virtually no mention of his ideas about society in general.
3. His work on how to be effective executive is incompletely shared.
4. Dr. Haas Edersheim deliberately ignores the roots of Drucker's concepts as described in Adventures of a Bystander, which I believe is essential context for appreciating his observations.
5. The manner by which his nonprofit consulting experiences helped him formulate his for-profit ideas is ignored.
6. Almost all of my favorite anecdotes based on what Peter said to me about the companies described in this book are left out. Here's an example of the insights those anecdotes provide: Can anyone appreciate Drucker's tendency to revise his opinions to claim that he was the first to notice something without knowing that he insisted that I take most of my Dell examples out of The Irresistible Growth Enterprise because he was concerned that Dell wouldn't continue to prosper after 1999?
7. The full scope of his thoughts about for-profit management is ignored. For instance, his many questions and ideas about capital markets are mostly missing . . . except as they arise in the DLJ example of how he encouraged the founders to go public in the 1970s.
There is one excellent element about this book that makes it well worth reading: If you renamed this book, The Definitive Drucker as Consultant, you wouldn't be far off the mark. His consulting practice was mostly invisible to those who weren't his clients, but his approach is one that most consultants could learn much from. I was very impressed by the way that Dr. Haas Edersheim's interviews and writings captured the essence of Peter Drucker in a one-on-one situation. Although some of the earlier books about Peter addressed this topic, none did so as thoroughly and as well as this book.
Most business leaders today have read relatively little of Peter Drucker's writings. But most have read some of the so-called original management theories that are little more than a rephrasing of Peter's original designs while not acknowledging Peter's work at all. Where Peter always tried to pick the best example for a point he had to make, most business authors seem to be only able to write about recent examples that they have experienced. And many business book readers prefer it that way. Dr. Haas Edersheim's book fits that mold very well. She develops themes from some of Peter's long-time, large-company clients (like GM and GE), adds some of her own clients, and finds a few other examples that seem to fit what Peter has to say. For those who want to see some of Peter's work dressed up with more recent examples, this book is probably the best resource.
Even though English was a learned language for Peter, he wrote English like a talented, native-speaking novelist. Where Peter is quoted in the book, the beautiful language shines. Dr. Haas Edersheim, by comparison, writes like an academic/consultant and the experience is not always pleasant. She likes to force ideas into her metaphors (something Peter would never do), display lots of grids (something Peter couldn't imagine anyone wanting to do), and ramble on endlessly about things that could be stated quite simply (something Peter would use his ruthless self-editing to avoid).
Interestingly, Peter always told me that the impact of his books was quite minor compared to the effect of his essays in The Wall Street Journal and other mass media. Why? Lots of people read well-constructed essays in the mass media and few read more than a few pages in any business book. He also doubted if very much in the Harvard Business Review was really read and understood. I was shocked to see how little this book relied on his essays. Hopefully, someone will realize that those essays are the essential kernel of his influence and write about them in the future.
Dr. Haas Edersheim obviously is drawn to strategic questions and Peter, of course, founded the field of strategy for organizations. If that's your interest, you'll find this book to be quite solid.
Great Drucker as always, differently written........2007-05-23
I love two opposite characters of Guru of Management, Tom Peters and Drucker, both are absolute dream management gurus. Personally I am more inclined to Tom. But I started to read and re read Drucker as my management readings get more "mature".
This book is not written by Drucker, but made out of months of interviews with Drucker and other people. This book is ABOUT Drucker and his thinking as interpreted by Elizabenth.
It is easy to follow, alive and well narrated, and will be more interesting and insightful if you know who is who the writer interviewed and talked to.
The insights articulated is deep and profound, even that it often repeat what has been said in previour Drucker's books. If you have any interest in Drucker (that will be a lot of "you" there) this book will delight. I think this is the "Management Biography" that Drucker wanted to be remembered.
Needs Restructuring and Updating.......2007-05-22
A silent revolution has taken place in business since the early 1990's - instant information flow, an exploding geographic reach of companies and customers, basic demographic assumptions have been upended (aging population), and walls defining "inside" and "outside" the corporation have fallen. All important insights. However, Drucker goes on to assert that the latest transformation is from an industrial society to a knowledge society - completely missing the revolutionary focus on dramatically lowering costs by outsourcing jobs to China and India, INCLUDING knowledge jobs!
Drucker then goes on to conclude that "companies aren't selling products; they're selling experience" such as dining out. Again, Drucker is right on, but misses the fact that the effect of outsourcing is to steadily move Americans DOWN the Maslow hierarchy of wants, where experiental wants are much less predominant.
Reading further, one sees that Drucker misses this key point a third time, claiming that "the U.S. economic engine is facing the gravest threat of the past 100 years: the need for corporations to be strategic collaborators rather than unilateral superstars." Reality - American corporations and its citizens are much more threatened by Asian powerhouses and illegal immigrants who remit billions to Mexico.
Drucker is rightly credited with emphasizing a focus on customers, as well as identifying those who are NOT targeted customers. However, as Clayton Christensen has demonstrated, even a focus on customers can be overdone and wreak havoc on a corporation. Nonetheless, Drucker's "If you weren't in this business today, would you invest the resources to enter it?" remains another stellar contribution.
Clearly Drucker has contributed much to management thought; however, one must be careful to not just read Drucker - the Toyota Production System, Hammer (re-engineering), Jack Welch, Clayton Christensen, Lou Gerstner, and others are also very important. "The Definitive Drucker" would also significantly benefit by restructuring it into a format more easily followed and assimilated.
Book Description
Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyse, communicate and control the level of risk entailed by these decisions remains one of the most pressing challenges to the analyst, scientist and manager. This book presents the foundational issues in risk analysis - expressing risk, understanding what risk means, building risk models, addressing uncertainty, and applying probability models to real problems. The principal aim of the book is to give the reader the knowledge and basic thinking they require to approach risk and uncertainty to support decision making.
* Presents a statistical framework for dealing with risk and uncertainty.
* Includes detailed coverage of building and applying risk models and methods.
* Offers new perspectives on risk, risk assessment and the use of parametric probability models.
* Highlights a number of applications from business and industry.
* Adopts a conceptual approach based on elementary probability calculus and statistical theory.
Foundations of Risk Analysis provides a framework for understanding, conducting and using risk analysis suitable for advanced undergraduates, graduates, analysts and researchers from statistics, engineering, finance, medicine and the physical sciences, as well as for managers facing decision making problems involving risk and uncertainty.
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Experience Management: Foundations, Development Methodology, and Internet-Based Applications (Lecture Notes in Computer Science)
Ralph Bergmann
Manufacturer: Springer
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ASIN: 3540441913 |
Book Description
This book deals with experience management in the context of real-world applicability and realistic applications. A particular focus is given by the requirements that arise in complex problem solving and by the fact that modern experience management must be implemented as Internet-based applications. Concrete application areas that are discussed in this book are electronic commerce, diagnosis of complex technical equipment, and electronic design reuse. This book explores how experience management can be supported by information technology, especially by techniques that stem from knowledge-based systems, case-based reasoning, machine learning, and process modeling. It surveys different methods in a unified terminology and investigates them with respect to application requirements. Further, the process of application development and maintenance is highlighted, pointing out successful practically proven ways for obtaining and operating experience management applications.
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Aat Units 21-25 - Foundation Stage: Business Knowledge and Units 21-25
Manufacturer: BPP Publishing Ltd
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ASIN: 0751761532 |
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Foundations of Data Mining and Knowledge Discovery (Studies in Computational Intelligence) (Studies in Computational Intelligence)
Manufacturer: Springer
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Binding: Hardcover
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ASIN: 3540262571 |
Product Description
"Foundations of Data Mining and Knowledge Discovery" contains the latest results and new directions in data mining research. Data mining, which integrates various technologies, including computational intelligence, database and knowledge management, machine learning, soft computing, and statistics, is one of the fastest growing fields in computer science. Although many data mining techniques have been developed, further development of the field requires a close examination of its foundations. This volume presents the results of investigations into the foundations of the discipline, and represents the state of the art for much of the current research. This book will prove extremely valuable and fruitful for data mining researchers, no matter whether they would like to uncover the fundamental principles behind data mining, or apply the theories to practical applications.
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Foundations of Information and Knowledge Systems: Second International Symposium, FoIKS 2002 Salzau Castle, Germany, February 20-23, 2002 Proceedings (Lecture Notes in Computer Science)
Manufacturer: Springer
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ASIN: 3540432205 |
Book Description
This book constitutes the refereed proceedings of the Second International Symposium on Foundations of Information and Knowledge Systems, FoIKS 2002, held at Salzau Castle, Germany in February 2002.The 17 revised full papers presented were carefully reviewed and selected from a total of 55 submissions. All current issues on the foundations and mathematics of advanced information systems and knowledge processing are addressed.
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Foundations of Information and Knowledge Systems: 4th International Symposium, FoIKS 2006, Budapest, Hungary, February 14-17, 2006, Proceedings (Lecture Notes in Computer Science)
Manufacturer: Springer
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ASIN: 3540317821 |
Book Description
This book constitutes the refereed proceedings of the 4th International Symposium on Foundations of Information and Knowledge Systems, FoIKS 2006 held in Budapest, Hungary in February 2006.
The 14 revised full papers presented together with 3 revised short papers and 1 invited paper were carefully reviewed and selected from 54 submissions. Among the topics covered are the theoretical foundations of information and knowledge systems, as well as mathematical fields such as discrete mathematics, combinatorics, logics and finite model theory, and applications thereof for research on database and knowledge base theory.
Book Description
This book constitutes the refereed proceedings of the Third International Symposium on Foundations of Information and Knowledge Systems, FoIKS 2004 held at Wilheminenburg Castle, Austria in February 2004.
The 18 revised full papers presented together with 2 invited papers were carefully reviewed and selected from 64 submissions. Among the topics covered are data integration, data security, logic programming and databases, relational reasoning, database queries, higher-order data models, updates, database views, OLAP, belief modeling, fixpoint computations, interaction schemes, plan databases, etc.
Book Description
Lone Star Legacy has sold more than 200,000 copies and was the first Texas cookbook voted into the McIlhenny Community Cookbook Hall of Fame. It's more than just a cookbook--it is a keepsake! Over 800 recipes are seasoned with cooking tips, spiced with Texas trivia, and frosted with breathtaking photos of Texas landmarks and landscapes. Choose favorites like the Lake Austin Cooler, Lone Star Ribs, Frijoles Borrachos, or LBJ's Pedernales River Chili to sample the true flavors of Texas.
Customer Reviews:
Easiest cooking and quick wonderful recipes.......1998-09-21
The three cookbooks Lone Star Legacy, Lone Star Legacy II and Changing Thymes are excellent, easy recipes for family and entertaining. The Lone Star Legacy (blue) book has recipes for basic great meals; Lone Star Legacy II has very tasty, easy meals and a particularly great Tex-Mex section with some speciality Mexican dishes. The Changing Thymes has very simple recipes that always turn out -- Citrus Mint Tea is great. This book has had all the recipes analyzed for dietary information and caloric content. A real plus for those watching their diets and cholesteral. The trio of these books is a must for good cooks, who like to make entertaining and family meals easy and delicious.
Customer Reviews:
Wonderful Texas Cookbook.......2000-08-04
This cookbook has easy to follow recipes. Makes a great gift for college students (especially guys). It has a wonderful Mexican food section. My family's favorite recipe from it is the Italian Casserole. It also has beautiful pictures. I keep one at our cabin in Colorado for guests to use and they love it too!
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- The Education of a Christian Woman: A Sixteenth-Century Manual (The Other Voice in Early Modern Europe)
- The Global Negotiator: Making, Managing and Mending Deals Around the World in the Twenty-First Century
- The Government Factor: Undermining Journalistic Ethics in the Information Age
- The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change Series)
- The Lifebox, the Seashell, and the Soul: What Gnarly Computation Taught Me About Ultimate Reality, the Meaning of Life, and How to Be Happy
- The New Corporate Cultures: Revitalizing the Workplace After Downsizing, Mergers, and Reengineering
- The Power of Positive Thinking: A Practical Guide to Mastering The problems Of Everyday Living (4 CD Set)
- The Simplest Path to Personal and Planetary Awakening, Step One: FREE YOUR MIND: 10 Keys for Unlocking Your Personal Potential, Achieving Spiritual Awakening, ... of Humanity's Ultimate Cosmic Destiny
- The Strategy Process: Concepts, Context and Cases (3rd Edition)
- Tintin in the Congo
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