“The Essential Drucker” by Peter Drucker
All modern theories of management, traced to their source, eventually lead to Peter Drucker. The Essential Drucker is an edited collection of Peter Drucker’s most influential thoughts about the practice of management.
Drucker held the view that the manager is the central element in every business, responsible for organizing resources and ensuring they’re used to maximum effect. You’ll learn the three primary functions of management: managing the business, managing other managers, and managing subordinates, and how setting clear objectives and measures is absolutely essential to the success of the firm.
Good management is not necessarily exciting: on the surface, the lack of drama could be seen as downright boring, but keeping the system running smoothly frees up resources and energy to move the business forward. By reading The Essential Drucker and making an effort to apply Drucker’s suggestions to your business, you’ll be superbly prepared to handle managerial responsibility.
(The Personal MBA also recommends two other books by Peter Drucker: The Effective Executive and Innovation and Entrepreneurship.)
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