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The Frontiers of Management: Where Tomorrow's Decisions Are Being Shaped Today

Book Description

Every 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.

Table of Contents

  1. The Drucker Library
  2. Title Page
  3. Copyright
  4. Preface: The Future Is Being Shaped Today
  5. Interview: A Talk with a Wide-Ranging Mind
  6. Part I Economics
    1. ONE The Changed World Economy
    2. TWO America's Entrepreneurial Job Machine
    3. THREE Why OPEC Had to Fail
    4. FOUR The Changing Multinational
    5. FIVE Managing Currency Exposure
    6. SIX Export Markets and Domestic Policies
    7. SEVEN Europe's High-Tech Ambitions
    8. EIGHT What We Can Learn from the Germans
    9. NINE On Entering the Japanese Market
    10. TEN Trade with Japan
    11. ELEVEN The Perils of Adversarial Trade
    12. TWELVE Modern Prophets
  7. Part II People
    1. THIRTEEN Picking People
    2. FOURTEEN Measuring White-Collar Productivity
    3. FIFTEEN Twilight of the First-Line Supervisor?
    4. SIXTEEN Overpaid Executives
    5. SEVENTEEN Overage Executives
    6. EIGHTEEN Paying the Professional Schools
    7. NINETEEN Jobs and People
    8. TWENTY Quality Education
  8. Part III Management
    1. TWENTY-ONE Management
    2. TWENTY-TWO Getting Control of Staff Work
    3. TWENTY-THREE Slimming Management's Midriff
    4. TWENTY-FOUR The Information-Based Organization
    5. TWENTY-FIVE Are Labor Unions Becoming Irrelevant?
    6. TWENTY-SIX Union Flexibility
    7. TWENTY-SEVEN Management as a Liberal Art
  9. Part IV The Organization
    1. TWENTY-EIGHT The Hostile Takeover and Its Discontents
    2. TWENTY-NINE The Five Rules of Successful Acquisitions
    3. THIRTY The Innovative Organization
    4. THIRTY-ONE The No-Growth Enterprise
    5. THIRTY-TWO Why Automation Pays Off
    6. THIRTY-THREE IBM'S Watson
    7. THIRTY-FOUR The Lessons of the Bell Breakup
    8. THIRTY-FIVE Social Needs and Business Opportunities
  10. Afterword: Social Innovation—Management's New Dimension
  11. Acknowledgments