Pioneer in the field of industrial engineering

8/14/2019 Pioneer in the field of industrial engineering

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:SUBMITTED BY

. .ABHAY P

( ) ,DARWIN 301 ADARSH( ),GOVIND 302

AFSAL( ) ,HUSSAIN 303 ALEX DILIP

( ) ,BABU 304

ANAND( ).PATHROSE MANI 305

S-5 N, C OLLEGE OFE :GG T RIVANDRUM

. .S D ASSIGNMENT


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ABSTACT

In the topic discussed PIONEERS IN THE FIELD OF

INDUSTRIAL ENGINEERING , the personality we

have taken is Mr Peter Drucker, a great

managerial consultant & economist. Though born in austria ,his major scene of

work was in the US , he has been adorned with

the title THE MAN WHO INVENTED

MANAGEMENT . By contributing the terms like

KNOWLEDGE WORKER, DECENTRALIZATION

etc ,he


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holds a primal spot among those who , whopioneered INDUSTRIAL ENGINEERING . Heworked as a management consultant in leading

companies like IBM, INTEL,COKE etc and alsocontributed heavily to the academic sect also.

He touched life of peoples life in more ways

than one with contributions to field like art,culture etc.


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His numerous scholarly contributions

also make Peter notches above others, a

regular columnist for the Wall Street

Journal and Economic Times, he was a cult

figure till his early 90s, active with his

academic work and writing career. He was the winner of a number of awards

including THE PRESIDENTIAL MEDAL OF

FREEDOM


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from George W Bush , and a proud owner of

more than 25 honorary doctorates .

His works are still continued by THEPETER DRUCKER FOUNDATION ,in the

United States , since his death in 2005 .


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PIONEERS IN THE

FIELD OF

I N D U S T R I A L E N G I N E E R I N G


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PETER DRUCKER

( November 19,1909 November 11, 2005)
http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/November_19http://en.wikipedia.org/wiki/1909http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/2005http://en.wikipedia.org/wiki/November_11http://en.wikipedia.org/wiki/1909http://en.wikipedia.org/wiki/November_19


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INTRODUCTION

Peter Ferdinand Drucker was a writer, managementconsultant, and self-described social ecologist.

He is widely considered to be "the father of modernmanagement, his 39 books and countless scholarly and

popular articles explored how humans are organized acrossall sectors of societyin business, government and thenonprofit world.

His writings have predicted many of the major developmentsof the late twentieth century, including privatization and

decentralization; the rise of Japan to economic worldpower; the decisive importance of marketing; and theemergence of the information society with its necessity oflifelong learning.

In 1959, Drucker coined the term knowledge worker" and

later in his life considered knowledge work productivity tobe the next rontier o mana ement.


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HIS PERSONAL LIFE The son of a high-level civil servant in Austria-Hungary his

mother Caroline Bondi had studied medicine and his father

Adolph Bertram Drucker was a lawyer Drucker was born

in Vienna, the capital of Austria, in a small village named

Kaasgraben (now part of the 19th district of Vienna,Dbling).

He grew up in a home where intellectuals, high government

officials, and scientists would meet to discuss new ideas

and ideals.After graduating from Dbling Gymnasium,Drucker found few opportunities for employment in post-

Habsburg Vienna, so he moved to Hamburg, Germany, first

working as an apprentice at an established cotton trading

company, then as a journalist, writing for Der


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While in Frankfurt, he also earned a doctoratein international law and public law from theUniversity of Frankfurt in 1931. Among his

early influences was the Austrian economistJoseph Schumpeter, a friend of his fathers,who impressed upon Drucker the importanceof innovation and entrepreneurship.

Indeed, over the next 70 years, Druckerswritings would be marked by a clear focus onrelationships among human beings, as opposed

to the crunching of numbers.


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His books were filled with lessons on howorganizations can bring out the best in people, andhow workers can find a sense of community anddignity in a modern society organized around large

institutions. As a young writer, Drucker wrote two pieces one

on the conservative German philosopher FriedrichJulius Stahl and another called The Jewish

Question in Germany that were burned andbanned by the Nazis.


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From 1971 to his death he was the ClarkeProfessor of Social Science andManagement at Claremont Graduate

University. The university'smanagement school was named the"Peter F. Drucker Graduate School ofManagement" (later known as the

"Peter F. Drucker and Masatoshi ItoGraduate School of Management") in hishonor in 1987. He taught his last classat the school in 2002 at age 92.


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HIS CONTRIBUTIONS

His career as a business thinkertook off in 1942, when his initial

writings on politics and society

won him access to the internalworkings of General Motors (GM),

one of the largest companies in

the world at that time. His

experiences in Europe had left himfascinated with the problem of

authority.

He shared his fascination withDonaldson Brown the mastermind


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In 1943 Brown invited him in to conduct what might

be called a "political audit": a two-year social-

scientific analysis of the corporation. Drucker

attended every board meeting, interviewedemployees, and analyzed production and decision-

making processes.

The resulting book, Concept of the Corporation,popularized GM's multidivisional structure and led

to numerous articles, consulting engagements, and

additional books.


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If the managers of our majorinstitutions, and especially ofbusiness, do not takeresponsibility for the commongood, no one else can or will.

Drucker was interested in thegrowing effect of people who

worked with their minds ratherthan their hands. He wasintrigued by employees whoknew more about certain

subjects than their bosses orcollea ues and et had to


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He assumed that his readers were intelligent,rational, hardworking people of good will. If theirorganizations struggled, he believed it was usuallybecause of outdated ideas, a narrow conception of

problems, or internal misunderstandings. During his long consulting career, Drucker worked

with many major corporations, including GeneralElectric, Coca-Cola, Citicorp, IBM, and Intel.

He consulted with notable business leaders such asGEs Jack Welch; Procter & Gambles A.G. Lafley;Intels Andy Grove; Edward Jones JohnBachmann; Shoichiro Toyoda, the honorary

chairman of Toyota Motor Corp.; and MasatoshiIto, the honorary chairman of the Ito-Yokado


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IS VIEWS Decentralization and simplification. Drucker

discounted the command and control model and

asserted that companies work best when they are

decentralized. According to Drucker, corporationstend to produce too many products, hire

employees they don't need (when a better solution

would be outsourcing), and expand into economic

sectors that they should avoid. A belief that taking action without thinking is the

cause of every failure.
http://en.wikipedia.org/wiki/Command_and_controlhttp://en.wikipedia.org/wiki/Outsourcinghttp://en.wikipedia.org/wiki/Outsourcinghttp://en.wikipedia.org/wiki/Command_and_control


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A profound skepticism of macroeconomic theory.Drucker contended that economists of all schoolsfail to explain significant aspects of moderneconomies.

Respect of the worker. Drucker believed thatemployees are assets and not liabilities.Central tothis philosophy is the view that people are anorganization's most valuable resource and that a

manager's job is to prepare and free people toperform. A belief in what he called "the sickness of

government." Drucker made non-partisan claims that

government is often unable or unwilling to providenew services that people need or want, though he


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The need to manage business by balancing a varietyof needs and goals, rather than subordinating aninstitution to a single value. This concept ofmanagement by objectives forms the keynote ofhis 1954 landmark The Practice of Management.

A company's primary responsibility is to serve itscustomers. Profit is not the primary goal, but

rather an essential condition for the company'scontinued existence.

An organization should have a proper way ofexecuting all its business processes.

A belief in the notion that great companies could'


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DRUCKER AS AN AUTHOR

vDrucker's books have been

translated into more than

thirty languages.

vTwo are novels, one an

autobiography.

vHe is the co-author ofa book on Japanese painting.

vMade eight series of educational

films on management topics.


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He also penned a regular column in the Wall StreetJournalfor 20 years and contributed frequentlyto the Harvard Business Review, The Atlantic

Monthly, and The Economist. He continued to act as a consultant to businesses

and non-profit organizations well into his nineties.

Drucker died November 11, 2005 in Claremont,

California of natural causes at 95.


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AWARDS AND HONORS

Drucker was awarded

the Presidential

Medal of Freedom by

U.S. President GeorgeW. Bush on July 9,

2002.

He also received honors

from the

governments of Japan

and Austria.


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In 1969 he was awarded New York Universitys

highest honor, the NYU Presidential Citation.

Harvard Business Review honored Drucker in the

spring of 2005 with his seventh McKinsey Awardfor his article, "What Makes an Effective

Executive", the most awarded to one person.

Drucker was inducted into the Junior Achievement

U.S. Business Hall of Fame in 1996. Additionally he

holds 25 honorary doctorates from American,

Belgian, Czech, English, Spanish and Swiss

Universities.


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1.WIKIPEDIA

2.ENCARTA ENCYCLOPEDIA

3.ENCYCLOPEDIA BRITANNICA

references


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THANK YOU

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Pioneer in the field of industrial engineering