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Nov14
Peter Drucker - Simply Business
One of the most insightful business thought leaders is no longer among us. The universally known writer, thinker and lecturer Peter Drucker, died at the age of 95. The Financial Times offers a complete obituary while Paul.Kedrosky provides a nice commentary.

The father of post-war management thinking, Drucker left a remarkable legacy and treasure trove of knowledge on management, leadership and entrepreneurship including several books. His approach to business and organizations was remarkably simple, but his influence vast. His impact was felt by large corporations, non-profits and small businesses alike.

Alan Kantrow, an analyst of Drucker's contribution to management, says that

‘“many of his ideas have become part and parcel of today's commonsense understanding of business. He had a pervasive influence.” Though by no means all his ideas were original, Drucker's real value, says Kantrow, lay in the rigor with which they were formulated. “One could learn more and more deeply from watching him think than from studying the content of his thought.”’

Business management guru Tom Peters once said that Drucker, “was the first to provide an intellectual framework to analyze the corporation”.

In 2002, Drucker was awarded a Presidential Medal of Freedom. He has been called “the world’s foremost pioneer of management theory” and a champion of concepts such as privatization, management by objective and decentralization. Business Week magazine hailed him as “the most enduring management thinker of our time.”

He ideas, his way of thinking, his leadership will be missed.

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