【Summary in 6.5 minutes】Management - Basics and Principles (P.F. Drucker) [For those who don't want to become a bad boss]

📚 Peter Drucker's Management Basics and Principles

Peter Drucker, often referred to as the father of modern business management, has left a lasting impact on the world of business. In this article, we will explore his management basics and principles, which have been turned into movies and anime, creating a huge boom. We will focus on three items: the three roles of management, the impact on society of those who do not fulfill the unique mission of their own organization, and the job of a manager.

📝 Table of Contents

- Introduction

- The Three Roles of Management

- The Impact on Society of Those Who Do Not Fulfill the Unique Mission of Their Own Organization

- Why Companies Need Management

- The Job of a Manager

- Pros and Cons of Drucker's Management Basics and Principles

- Highlights

- FAQ

The Three Roles of Management

According to Murray Event, there are three roles of management. The first role is to set objectives and goals for the organization. The second role is to organize resources to achieve those objectives and goals. The third role is to motivate and communicate with the members of the organization to achieve those objectives and goals.

Drucker says that anything that goes against the basics and principles will be rejected without exception. Some may think that this is an exaggeration. However, it is important to understand that neglecting these contributors to the problem can lead to a path that does not contribute to society's problems without dealing with them.

The Impact on Society of Those Who Do Not Fulfill the Unique Mission of Their Own Organization

Drucker's purpose for companies is to create customers. Companies create customers in two ways: marketing and innovation. Marketing, as defined by Drucker, is to eliminate the need for sales. Eliminating the need for sales means not doing sales. In order to implement marketing effectively, it is important to always develop products and services based on customer needs.

Innovation is creating new customer satisfaction. Innovation also involves finding new uses for existing products. Management is the necessary function to effectively carry out this marketing and innovation.

Why Companies Need Management

Drucker's purpose for companies is to create customers. Companies create customers in two ways: marketing and innovation. Marketing, as defined by Drucker, is to eliminate the need for sales. Eliminating the need for sales means not doing sales. In order to implement marketing effectively, it is important to always develop products and services based on customer needs.

Innovation is creating new customer satisfaction. Innovation also involves finding new uses for existing products. Management is the necessary function to effectively carry out this marketing and innovation.

The Job of a Manager

Drucker says that a manager has two roles and five jobs. The two roles are to imagine a system that produces something greater than the market value of the resources you put into it and to adjust the balance of results required over the medium to long term. The five jobs are to set goals, organize, motivate and communicate, develop personal medicine to measure, and subjects.

Managers think about what goals they need to achieve to create customers and, in order to achieve their goals, they must communicate with the members, motivate them, and develop the abilities of the members.

Pros and Cons of Drucker's Management Basics and Principles

Pros:

- Drucker's management basics and principles have been turned into movies and anime, creating a huge boom.

- Drucker's purpose for companies is to create customers, which is a unique perspective.

- Drucker's management basics and principles emphasize the importance of marketing and innovation.

Cons:

- Drucker's management basics and principles may not be applicable to all types of organizations.

- Drucker's management basics and principles may be too focused on the long-term and may not be suitable for organizations that need to focus on short-term goals.

Highlights

- Drucker's management basics and principles have been turned into movies and anime, creating a huge boom.

- Drucker's purpose for companies is to create customers, which is a unique perspective.

- Drucker's management basics and principles emphasize the importance of marketing and innovation.

- The three roles of management are to set objectives and goals for the organization, organize resources to achieve those objectives and goals, and motivate and communicate with the members of the organization to achieve those objectives and goals.

- Management is the necessary function to effectively carry out marketing and innovation.

FAQ

Q: Who is Peter Drucker?

A: Peter Drucker is often referred to as the father of modern business management.

Q: What are the three roles of management?

A: The three roles of management are to set objectives and goals for the organization, organize resources to achieve those objectives and goals, and motivate and communicate with the members of the organization to achieve those objectives and goals.

Q: What is the purpose of companies according to Drucker?

A: Drucker's purpose for companies is to create customers.

Q: What is marketing according to Drucker?

A: Marketing, as defined by Drucker, is to eliminate the need for sales.

Q: What is innovation according to Drucker?

A: Innovation is creating new customer satisfaction.