The Practice of Management - (Chinese-English Bilingual Collector's Edition) - (Chinese-English Bilingual Collector's Edition)

Author: Peter Drucker
Publisher:
Publication Date: 2006-05-01
Features: This book enables you to step outside the company and examine and solve internal problems from the perspective of creating market demand externally. It advocates for holistic, systematic management rather than isolated, partial approaches, allowing you to navigate the company's growth from small to large with success. The Practice of Management guides you in learning to manage through practice and elevates your management skills through successful practice. The grand edifice of modern management is built upon the series of ideas proposed in this book. Most current popular management concepts and practices can be traced back to this book, including: Management by Objectives (MBO), Participative Management, Knowledge Worker Management, Customer-Oriented Marketing, Performance Evaluation, Career Management, Divisional Decentralized Management, Corporate Culture, Self-Managing Teams, and even the recently popular Balanced Scorecard...
The three main threads running through the book are: Managing the Business; Managing Managers; Managing Employees and Work. Drucker's three classic questions: What is our business? What will our business be? What should our business be? Management must address three key aspects simultaneously. First, it must focus on results and performance, which is the purpose of the enterprise's existence. Second, it must consider the organization formed by people working together internally. Third, it must consider the external society, i.e., the social responsibility of the enterprise. This book is a work that views management from a fresh perspective and a work grounded in practical execution. It is a foundational work in modern management,, and has influenced countless managers and management scholars worldwide. It remains a must-read classic to this day. This book firmly established Peter Drucker's reputation as a modern management master.
The book delves into the essence of management—offering insightful and unique perspectives on the role, responsibilities, and functions of managers, as well as the challenges they face in the future. It uncovers the mysteries and realities of management. "If you can only read one management book, choose The Practice of Management!"
The book revolves around the three core tasks of management—managing the business, managing managers, and managing employees and work—as its main axis and essence. It enriches its content with eight key areas of achievement, three classic questions, and the spirit of the organization.
Part One Drucker begins with an example of a business to address: What is our business? What will our business be? What should our business be? as well as the principles of corporate goals, outcomes, and production.
Part Two Drucker uses the story of Ford Motor Company to illustrate the effectiveness of "Management by Objectives and Self-Control" and also presents the completeness of organizational spirit (i.e., corporate culture).
Part Three Through analysis of activities, decisions, and relationships, Drucker delves into the structure of management, the ultimate standards of evaluation, and performance. It also explains the advantages and disadvantages of five organizational structures and their applicability to large, medium, and small enterprises, along with their limitations.
Part Four Drucker advocates for hiring the whole person rather than just hands, emphasizing his "holistic view centered on performance." Using the story of IBM, he describes the practical value of innovation, giving employees a sense of achievement and satisfaction, and ultimately creating organizations that reach peak performance.
Part Five Drucker describes managers and their work, decision-making, and what future managers will be, repeatedly emphasizing the importance and necessity of "responsibility."