Peter Drucker was a renowned management theorist who wrote extensively on the subject of effective management practices. His two most influential books are “The Practice of Management” and “Managing for Results.”
In “The Practice of Management,” Drucker outlines the basic principles of management, including the functions of planning, organizing, leading, and controlling. He emphasizes the importance of a customer-focused approach and stresses the need for managers to understand the needs and wants of their customers.
In “Managing for Results,” Drucker focuses on the importance of setting clear goals and objectives for an organization and aligning all activities and resources towards achieving those goals. He introduces the concept of management by objectives (MBO), which involves setting specific, measurable goals for each employee and holding them accountable for achieving those goals.
