Today’s foremost authorities from the Drucker School re-interpret Drucker’s principles to provide strategies business leaders can use to address their toughest challenges
“This book is an excellent way to understand how Drucker’s ideas apply to today’s dilemmas, be they the problems faced by organizations, by governments, or by individuals.” — from the Foreword, by Charles Handy
“This compilation of smart essays on the ‘Drucker difference’ illustrates how astonishingly wide the wings of Drucker’s wisdom have spread. We all stand gratefully in his shadows, silent in awe.” — Warren Bennis, Professor Emeritus, University of Southern California
“Much has been written by and about my friend and mentor, Peter Drucker. But this book is different. It is written by those who knew and understood him as friends and faculty colleagues and reflects his thoughts and principles as they are currently being taught to those who will be making a difference for tomorrow.” — C. William Pollard, Chairman Emeritus, The ServiceMaster Company
“The Drucker Difference is a unique book that enables present and future executives to capitalize on Peter Drucker’s wisdom and to comprehend that knowledge from an entirely new perspective.” — Minglo Shao, Chairman, Bright China
Peter F. Drucker is one of the most influential business thinkers in history and is widely considered the father of modern management. His ideas are especially relevant today as Drucker’s insights on effective management, ethical leadership, and social responsibility have never been more essential.
THE DRUCKER DIFFERENCE (McGraw-Hill; October 25, 2009; $29.95) is an exciting new assessment of Drucker’s timeless leadership principles based on the most popular course at Claremont University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management and written by leading Drucker scholars. Released in conjunction with the centennial celebration of Drucker’s birth, it provides readers with new insights and interpretations of Drucker’s work.
In contributed chapters, each professor from the Drucker School takes a single, classic aspect of Drucker’s work, examines its implications in today’s business environment and applies an up-to-date and contemporary interpretation of Drucker’s wisdom. These top business thinkers analyze Drucker’s views on the most critical issues of our time, including:
- Government, business, and civil society (Ira Jackson)
- Applying collaboration to “knowledge work” (Craig L. Pearce)
- Drucker’s management vision (Richard Smith)
- Economic environment, innovation, and industry dynamics (Hideki Yamawaki)
Covering everything from marketing and leadership to strategy and governance, THE DRUCKER DIFFERENCE reveals how individual organizations and executives can adapt and apply Drucker’s strategies.
ABOUT THE CONTRIBUTORS
~ Craig L. Pearce is Professor of Management at The Drucker School of Management. His research on shared leadership has been featured in The Wall Street Journal. Pearce’s most recent book is Shared Leadership, and his forthcoming book is Share the Lead.
~ Joseph A. Maciariello is the Horton Professor of Management at The Drucker School of Management. He coauthored The Daily Drucker and The Effective Executive in Action with Peter F. Drucker and recently carried on Drucker’s legacy by revising two existing Drucker books: Management and Management Cases.
~ Hideki Yamawaki is Professor of Management and Associate Dean at The Drucker School of Management. His most recent book is Japanese Exports and Foreign Direct Investment: Imperfect Competition in International Markets.
~ Murat Binay holds a Ph.D. in finance and an MBA from the University of Texas at Austin. Professor Binay’s research interests lie in institutional investors, initial public offerings, payout policy, performance evaluation, and corporate governance. He has taught courses on corporate finance, financial strategy, investments, financial institutions, and derivatives.
~ Jenny Darroch’s research and teaching focuses on marketing strategies that generate growth. She recently coedited a special issue of the Journal of the Academy of Marketing Science: A Tribute to Peter Drucker and has a new book coming out called Marketing Through Turbulent Times.
~ Cornelis A. “Kees” de Kluyver is the former dean and Masatoshi Ito Professor of Management at the Drucker School. His most recent books are A Primer of Corporate Governance and Strategy: A View from the Top, 3rd edition.
~ Richard Ellsworth’s teaching and research have focused on outstanding executive leadership. Before joining the Drucker School, he taught at Harvard Business School and held senior management positions with Kaiser Aetna. Publications include Leadership and the Quest for Integrity (with Joseph Badaracco) and Leading with Purpose. Ellsworth received his doctorate from Harvard University.
~ Jeremy Hunter teaches courses on managing oneself and transforming “the executive mind.” He holds degrees from Harvard and Wittenberg Universities and the University of Chicago.
~ Ira A. Jackson is the dean of the Peter F. Drucker and Masatoshi Ito Graduate School of Management at Claremont Graduate University, where he is also professor of management. He has extensive experience in business, government, civil society, and higher education.
~ Karen Linkletter is a lecturer in the American Studies Department of California State University, Fullerton. She and Professor Maciariello coauthored an article on Drucker entitled “Genealogy of a Social Ethicist,” forthcoming in the Journal of Management History. She received her Ph.D. in history from Claremont Graduate University in 2004.
~ Jean Lipman-Blumen holds the Thornton F. Bradshaw Chair in Public Policy and serves as professor of organizational behavior at the Peter F. Drucker and Masatoshi Ito Graduate School of Management, Claremont Graduate University. She is director of the Institute for Advanced Studies in Leadership at the Drucker Ito School.
~ Roberto Pedace is an associate professor in the economics department at Scripps College. Prior to this, he was an associate professor in the Drucker School at Claremont Graduate University. His research interests are in the area of labor economics and his work addresses a variety of important public policy issues.
~ Jay Prag has a Ph.D. in economics from the University of Rochester. He teaches finance, economics, strategy, and leadership at the Drucker School and Harvey Mudd College. Jay has been voted Outstanding Teacher 15 times in his 23 years at the Claremont Colleges. He also teaches financial analysis at Southern California Edison.
~ Vijay Sathe is professor of management at the Drucker School. He is the author of corporate Entrepreneurship, four other books, and numerous journal publications. He has taught in MBA and executive education programs around the world and has advised leaders in all sectors of society.
~ J. Scott Scherer graduated from the executive management program at the Drucker School and holds a degree in economics from Duke University. He is a principal at CoreWorks Consulting and serves as an executive coach. Scott received his training in integral coaching from New Ventures West in San Francisco.
~ Richard Smith is the Boyd Chair and professor of finance at University of California, Riverside. Before joining UCR, he was associate dean, professor of financial management, and served as director of the Venture Finance Institute at the Drucker School. He is the author of Entrepreneurial Finance and more than 35 journal articles.
~ Sarah Smith Orr teaches social sector leadership, governance, and resource development. She is executive director of the Kravis Leadership Institute, through which she published Improving Leadership in Nonprofit Organizations, Women Directors in the Board Room: Adding Value, Making a Difference, Boardroom Realities.
~ James Wallace has had extensive private industry and academic experience prior to joining the faculty at Claremont Graduate University. He has worked as an auditor in public accounting, as a division controller for a major health provider, and as a faculty member of the University of California, Irvine.
ABOUT PETER DRUCKER
Born in Vienna on November 19, 1909, Peter Drucker had a profound impact on how people around the world organize themselves in the realms of business, government and civil society.
Drucker’s 39 books, along with his countless scholarly and popular articles, predicted many of the major developments of the late 20th century, including privatization and decentralization; the rise of Japan to economic world power; the decisive importance of marketing and innovation; and the emergence of the information society with its necessity of lifelong learning. In 1959, Drucker coined the term “knowledge worker,” and he spent the rest of his life examining an age in which an unprecedented number of people use their brains more than their backs.
Drucker’s first major work, The End of Economic Man, was published in 1939. Driven by an insatiable curiosity about the world around him—and a deep desire to make that world a better place—Drucker continued to write long after most others would have put away their pens. The result was a ceaseless procession of landmarks and classics: Concept of the Corporation in 1946, The Practice of Management in 1954, The Effective Executive in 1967, Management: Tasks, Responsibilities, Practices in 1973, Innovation and Entrepreneurship in 1985, Post-Capitalist Society in 1993, Management Challenges for the 21stCentury in 1999.
Drucker, who had taught at Sarah Lawrence College, Bennington College, and New York University, spent the last 30-plus years of his career on the faculty at Claremont Graduate University. In 2001, he received the Presidential Medal of Freedom, the nation’s highest civilian honor. He died in November 2005, just shy of his 96th birthday.
ABOUT THE DRUCKER SCHOOL
The Peter F. Drucker and Masatoshi Ito Graduate School of Management is training the next generation of effective managers and ethical leaders for all sectors of society: private, public and philanthropic. Inspired by principles and practices advanced by Peter Drucker, the school approaches management as a liberal art and seeks to tackle some of the biggest questions challenging global society.
Part of the world-renowned Claremont Colleges and located in the foothills of the beautiful San Gabriel mountains 35 miles from downtown Los Angeles, the Drucker School is more than just a traditional “B” school; it is also an “M” (management) and an “L” (leadership) school.
With a strong commitment to research, values orientation, and an intimate graduate-only curriculum, the school was recently ranked fifth in the nation by Princeton Review in faculty quality. The Drucker School offers a variety of professional and doctoral degrees, including MBA, EMBA, MSFE (jointly with CGU’s School of Math), MA in Arts Management (jointly with CGU’s School of Arts and Humanities) and MA in Politics, Business, and Economics (jointly with CGU’s School of Politics and Economics).
Named for both a pioneering thinker (Peter Drucker) and an accomplished doer (Masatoshi Ito), the school produces graduates who have a strong sense of social responsibility and a deep desire to make a difference by doing well while also doing good.
To learn more about its mission and Peter F. Drucker’s work, please visit www.drucker.cgu.edu or www.thedruckerinstitute.com.
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