A native of Vienna, Austria, Mr. Drucker was an (intellectual) who worked as a journalist and studied economics. At some point in his studies he had an epiphany: economists, he realized, 'were interested in the (behavior) of commodities, while I was interested in the behavior of people.' That led him to, in effect, create the (modern) study of management.
Mr. Drucker divided the job of the manager into five basic (tasks). The manager, he wrote:
1) Sets objectives. The manager sets (goals) for the group, and decides what work needs to be (done) to meet those goals.
2) Organizes. The manager divides the work (into) manageable activities, and selects people to (accomplish) the tasks that need to be done.
3) Motivates and communicates. The manager creates a team out of his people, (through) decisions on pay, placement, promotion, and through his communications with the team. Drucker also referred to this as the 'integrating' (function) of the manager.
4) Measures. The manager establishes (appropriate) targets and yardsticks, and analyzes, appraises and interprets performance.
5) Develops people. With the (rise) of the knowledge worker, this task has taken on added importance. In a knowledge economy, people are the company's most important (asset), and it is up to the manager to develop that asset.
While other management experts may use different words and focus on different aspects of these responsibilities, Mr. Drucker's basic (description) of the manager's job still holds.
Question)
1. How much do you know about Mr. Drucker?
2. Which point or points attracts you?