Peter Drucker, “the father of modern management,” turned management theory into a serious discipline. In a legendary career that spanned almost 70 years, he revolutionized modern business practices, influencing such far-reaching developments as decentralization, privatization and empowerment.
Drucker was among the first to address the emergence of the information society and, in 1959, coined the now-defining term “knowledge worker.” His plain-spoken style and his use of simple language to express complex business strategies resonate with managers of business and social institutions the world over. As a result, his influence is felt every day in untold numbers of business and policy decisions around the globe.