The following essay looks at three leaders in the field of management: Peter Drucker, Tom Peter and W. Edward Deming and explains their core principles of management.
This paper explores the business theories of the following three management gurus: Peter Drucker, Tom Peter and W. Edward Deming and compares them to each other. Each of them employs a system of steps or points to achieve success in business. All of them, in one way or another, stress the importance of knowledge, training and self-improvement in the workplace, for management and workers.
“Drucker was born in Vienna in 1909 and received his education there and in England. His doctorate in public and international law was earned in Frankfort, Germany. Some of the many facets of his career include newspaper reporter while in Frankfort and an economist for an international bank in London. His teaching jobs include professor of politics philosophy at Bennington College, professor of management at the Graduate Business School of New York University, and Clarke Professor of Social Science at Claremont Graduate University. In 1997 he was featured on the cover of Forbes and he has been called the most enduring management thinker of our time by Business Week (The Peter F. Drucker Award for Canadian Nonprofit Innovation, 2000).”