The Frontiers of ManagementEvery decision executives make today shapes the future of their organization - as well as that of the communities and society in which the organization operates. How to make choices that lead to the best possible future for all stakeholders? Look beyond the immediate crisis of the day - to the long-term implications of your decisions and actions. In the thirty-five essays comprising The Frontiers of Management, classic management thinker and teacher Peter Drucker offers advice. Each selection in this compelling collection is as fresh and relevant today as it was when written in the 1980s. With every essay, Drucker teaches by example- deftly demonstrating how to put current events in their larger historical context, how to pick the right people for a given task, how to think through an acquisition. The book provides not only durable examples of a great thinker's writing but a set of ever more urgently needed lessons on how business leaders today can understand the context of their own daily decisions - and make the wisest possible choices for the future. Timely and vivid, The Frontiers of Management remains a practical guidebook packed with enduring wisdom. |
From inside the book
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Contents
one The Changed World Economy | 3 |
two Americas Entrepreneurial Job Machine | 33 |
three Why OPEC Had to Fail | 39 |
seven Europes HighTech Ambitions | 59 |
nine On Entering the Japanese Market | 69 |
eleven The Perils of Adversarial Trade | 81 |
Schumpeter or Keynes? | 87 |
The Basic Rules | 101 |
twentytwo Getting Control of Staff Work | 176 |
twentyfour The InformationBased Organization | 185 |
twentyseven Management as a Liberal Art | 202 |
twentyeight The Hostile Takeover and Its Discontents | 213 |
twentynine The Five Rules of Successful Acquisitions | 240 |
Vision for Tomorrow | 257 |
thirtyfour The Lessons of the Bell Breakup | 271 |
New Dimension | 323 |
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Common terms and phrases
adversarial trade American antitrust antitrust suit AT&T automation banks become Bell Labs Bell System benefits blue-collar workers business enterprise capital century Citibank company’s competitive country’s created currency decision deficit defined developed countries difficult dollar economic economists employees employment entrepreneurial especially Eurodollar executive exports fifteen fifty finance financial find firms first five fixed flow foreign German high tech hostile takeover important income increasingly industrial inflation instance institutions interest investment Japan Japanese Keynes major managerial manufacturing ment modern office OPEC organization pension fund percent performance political problem professional profit profitable raider result Schumpeter scientific smokestack social innovation society specific staff success supervisor surely takeover bid telephone thirty tion today’s top management traditional twenty-five U.S. dollars union United wage Watson West Germany white-collar world economy World War II