Each time you read something Peter Drucker has said, there's the sensation that a flash bulb has gone off inside your head. This is because the Drucker-isms, as the legendary management gurus's mantras as known, are something you've always known; but rarely heard put so succinctly.
Born on November 19, 1909, Drucker was the giant who defined management and aided in the rise of the modern corporations. Over the last few decades, new gurus may have replaced Drucker, but his books and his management principles continue to be a steadfast bedrock of the corporate world.
Among the other hats he donned included that of a finance reporter in Germany early stages of his career. Drucker, who was born in Vienna, moved to England -- where he had studied -- to escape Hitler. He took up a job as a securities analyst for an insurance firm. Four years later, he moved to the United States, where he began his academic career.
Drucker, who has authored numerous books on the principles that should govern the corporate world, helped develop the US's first executive MBA programme at the Claremont Graduate University; the university's management school is known as the Peter F Drucker School of Management (it was named in his honour in 1987).
He died on November 11, 2005, disillusioned with the increasingly capitalistic trend being displayed by the business world. His principles, however, stand rock-steady and continue to inspire millions of employees, employers and entrepreneurs across the world. Read on for your dose of inspiration.
Compiled by Rediff Business Desk
Image: Employees of Google work at a 'tech stop' at the internet company's new office space inside historic Chelsea Market June 23, 2008 in New York City | Photograph: Spencer Platt/Getty Images ||| Inset: Legendary management guru Peter Drucker
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