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Write about the contribution of Drucker to management. |
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Answer» “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:
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. |
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