![]() Financial Daily from THE HINDU group of publications Monday, Nov 21, 2005 |
|
|
|
|
|
|
|
Mentor
-
People Is Drucker relevant?
Peter Drucker's principles of management are practised in every organisation and his theories are taught in business schools. He was the first to think of the human side of management and bring reluctant bosses round to seeing employees not as machines, but as resources who can add value. One would be a fool to say that his principles are no longer valid. M. N. Ravi Shankar, AP Electricity Regulatory Commission, Hyderabad To ask if Drucker's thoughts are relevant is like questioning the relevance of truth. The principles and vision of a great man such as Drucker are important for every generation and business in strategising its policy. T. V. Atchutram, Under Secretary, Ministry of Steel, New Delhi Drucker's books on management have changed my life. His principles are not only meaningful, but also practical and applicable to any environment. M. Annapurna, Lecturer, Physics, Secunderabad In Peter Drucker's death the corporate world has lost a great management wizard. His principles and vision will, however, remain. He has laid the foundations for a great future for the corporate world and new management graduates. M. Sitaramachandra, MBA student, Said Business School, Oxford University, Oxford Drucker's principles are everlasting. His books are lucid and understood by everybody without much effort. T. V. B. Rohini, Vijaya Bank, New Delhi Peter Drucker is a modern day management guru. His principles are evergreen. They are time tested and have survived a generation. He was a visionary. M. Sunanda Ramachandra, Manager, NABARD, Hyderabad Great persons like Drucker are born but once in a generation. His understanding of management was well received. His principles were relevant post-World War, are still so in the new millennium and will be in the future. M. Ramakrishna Rao, Secunderabad Drucker was a great man of vision. He was a management guru by all means. T. V. Siddharth, Aeronautical Engineer, New Delhi Drucker was a born leader. The world has lost a management thinker and visionary. His views and ideas were realistic and implementable. M. V. Vimala, Electronics & Telecommunications Engineer, Secunderabad Management guru Peter Drucker focused on certain aspects of Henry Fayol's theory on management and considered them important. His thoughts will continue to be relevant for all times. After all, the basic philosophy of management is eternal. Subalakshmi, Madurai Management concepts by such all-time greats as Peter F. Drucker will hold good. His thoughts can never become outdated. Drucker's management thoughts had a human side to them. Drucker is no more, but his management thoughts will prevail and help organisations grow and prosper. A. Bhuvana Bhimaiah Arasikere Peter Drucker's thoughts have been accepted by managements of various institutions. But present day problems are more complex. An executive needs presence of mind to tackle issues. Drucker's books help assess the situation and solve problems without giving scope for further eruptions. S. Sivasankaran, Vice-President, The Salem Literary Society, Salem Drucker's emphasis on the human side of management brought about considerable change in the administrative set up. Human beings working for a firm were regarded as resources that could add value to the goals of the organisation. A sense of belonging was inculcated among the employees. This could prove that a dedicated worker is the backbone of the nation. T. V. Jayaprakash, Research Officer, CADA of Kerala, Thrissur Drucker's ideas were innovative. He died before writing the book, Managing Ignorance, which is a great loss to us. Zakir Hussain, zakirhussain122@yahoo.com According to Peter Drucker, the first responsibility of any management is to produce satisfactory economic results i.e., profit. The second is to work for society. He strongly argued for the free market that offers the best opportunity for both. According to him, the value of business is to create good customers. Markets are not created by God, nature or economic forces but by the people who manage a business and their sole aim is to create a customer and improve the business to aim for profit. V. Venkitasubramanian, Kochi, vvsmani2002@yahoo.co.in Peter F. Drucker was an influential management theorist. He leaves behind a remarkable body of work, developed over more than 50 years that not only addressed the major themes in modern thinking on management, but also often anticipated them by decades. S. Krithivasan, SBI, s.krithivasan@sbi.co.in The current state of affairs only go to show that Drucker's thoughts are more relevant today than they were in the past. Kapil Marwaha, S. P. Jain Institute of Management & Research, Mumbai Management guru Peter Drucker is no more. But he leaves behind his thoughts, teachings, guidance and vision for managers. He was a pioneer in developing management as a science and an art. His emphasis on dedicated employees and their motivation are relevant today. A. Jacob Sahayam, Thiruvananthapuram Peter F. Drucker talks about management in a simple way. His questions are compelling and many of us consider him to be the father of modern management. Though he coined such terms as knowledge workers and management by objective, he was celebrated for the clarity of his analysis and historical perspective rather than for any particular management theory that bore his name. He founded the concept of a `theory of business' and defined the very purpose of business as creating a satisfied customer. He believed that a satisfied customer was the best advertisement. He emphasised marketing and gave much importance to privatisation, management by objective, and decentralisation. All his concepts and theories continue to be followed and are relevant to the current business scene. V. Subramony, Company Secretary, KSEDC, Thiruvananthapuram ******
Responses to Sticklish Issues dated November 7: It is a fact that in Indian society female children are considered a burden to the family. While offering free education to the female child could improve the literacy rate among them, the Government should find novel ways of changing social attitudes. A girl child will still be considered a burden despite free education because life does not end with school/college education. To really improve the status of the female child, the Government has to come up with a more comprehensive plan. A. Bhuvana Bhimaiah
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page More Stories on : People
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|