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Corporate classics

One of the fundamental books about management world-wide has just been reprinted

Every company operates on the basis of principles of organisation and management that must be well known. It is a question of method, but also of awareness of rules and mechanisms that are necessary to get to the bottom of the production process, to generate profit and especially prosperity. Corporate culture all-round. Certain guides which, more than others, manage to provide a sense of motion and the essence of good management are very important. This is the case of “Le sfide di management del XXI secolo” (The challenges of management in the 21st Century) written quite a few years ago by Peter F. Drucker which has just been reprinted.

Defined a classic, the book genuinely is a classic. Drucker starts with the observation of the phase of profound change which the Western economy and society system is experiencing. It is a transformation that did not start today and that will definitely not be completed any time soon. It concerns, in industrialised countries, the challenges induced by demographic ageing or by the problems (and the opportunities) created by the growth of education and the desire for self-fulfilment ofknowledge workers .The intent, specified by the author himself, however, is not to describe future contingent scenarios, but to provide instructions on management. This goal is achieved through straightforward and understandable writing, packed with examples, anecdotes and practical instructions to address and put into practice the change (and to change management).

It is therefore a classic to be read, also taking into account that it slightly condenses all of Drucker’s experience as a pioneer and as the greatest expert in management. The author, in fact, after working as an economist in banks and insurance companies and as a consultant for major companies and government bodies, taught philosophy and politics at Bennington College and then management at thebusiness schoolof New York University (from 1950 onwards).

The book first takes into consideration the “new paradigms of management” and then analyses the strategies required to face a reality that has changed considerably compared to previously. The author then addresses the change and what is referred to as the “information challenge”. Lastly, he investigates the role of knowledge workers and therefore the need for managers  to grow their self-management ability to improve consequently the management of organisations and companies.

The literary work by Drucker is an example of those books that should be read, then set aside and then read again.

 

Le sfide di management del XXI secolo (The challenges of management in the 21st Century)

Peter F. Drucker

Franco Angeli, 2017