This 100th anniversary anthology is dedicated to Peter Drucker, the grand master of management. The insightful, exciting and path breaking articles deal with Drucker’s life, influence, legacy; and the long-term effects of his profound ideas and thinking. What is Drucker’s impact on the next management? In what ways has his thinking influenced current management practices and society? Peter Drucker defined for the first time the principles of management and cleared the ground for the establishment of a rigorous new discipline. In as early as 1954 he wrote in the Practice of Management: “a manager sets objectives, a manager organizes, motivates and communicates; a manager establishes measuring yardsticks and develops people” – axioms that are relevant and very much operational to this day. Authors from four continents - eight from America, nine from Europe, and six from Asia and the Arabian Peninsula - discuss why it is important to continue on the innovative trail Drucker built for the management discipline; and how his thinking can be applied for energizing the leadership of the 21st century business and society.

Leading Management thinkers and practitioners like Philip Kotler, Charles Handy, Hermann Simon, Fredmund Malik, Günter Faltin, Dirk Baecker, Atsuo Ueda, Young-Chul Chang, and Winfried Weber sketch in these writings a powerful yet vivid portrayal of Drucker’s thinking and outline his lasting influence on the next management.

Peter F. Drucker’s Next Management: New Institutions, New Theories and Practices Editors’ Preface 9 Part I Why Management Thinkers like Peter Drucker are so influential? Winfried W. Weber 15 Part II Introduction to Peter Drucker’s Management Philosophy Fredmund Malik: Peter F. Drucker, the Discoverer of Management 33 Winfried W. Weber: Peter Drucker - the Down-to-earth Management 44 Thinker Part III Appraisals Charles Handy: What Drucker Taught Me 59 Hermann Simon: Man of the Past, Man of the Future - 64 A Personal Homage Part IV The Practice of Management Wesley Balda: There is no Such Thing as Leadership - Conversations 73 with Peter Drucker Greg Berman: Court Reform, Non-profit Management and the Writings 78 of Peter Drucker. Lessons from the Center for Court Innovation William A. Cohen: Drucker’s Most Important Lesson 89 Hermann Doppler: Peter Drucker’s key principles are more 97 relevant than ever Elizabeth Haas Edersheim, Young-Chul Chang: Business as an 102 Innovative Agent of Change Guenter Faltin: Entrepreneurship as an Innovative Process - 116 about Initial Ideas, Concept-Creative Founders, and the Entrepreneurial Society Philip Kotler: Peter Drucker - The Grandfather of Modern Marketing 123 Gladius Kulothungan: Peter Drucker and the Emergence 135 of Maternalist Capitalism M.S.S. El Namaki: The Credit Crisis - Leaders who have Failed the 143 Drucker Test Bruce Rosenstein: Living in More Than One World - Peter Drucker 154 and Self-Development for Knowledge Workers Thomas Sattelberger: Appreciated in Principle – Disregarded in Practice. 158 Why Peter F. Drucker is relevant today! Siu-Ki Henry To: The Meaning of Peter Drucker to Chinese Executives 168 Rick Wartzman: The Drucker Challenge - Turning Ideas into Results 173 Part V Peter Drucker’s Next Management Dirk Baecker: Peter Drucker’s Paradoxical Intervention 183 Janis Bragan Balda: Drucker’s One Thing 191 Ulrich Klotz: Open Source Practices as a Precursor to Peter Drucker's 195 Next Society Atsuo Ueda, Yasushi Isaka: Management as a Bridge between Culture 202 and Civilization: A Philosophical Framework for the Next Century Winfried W. Weber: Managing in the Era of Complexity - 216 Peter Drucker’s Landmarks Winfried W. Weber: Peter Drucker’s Next Management - Ten Memos 223 About the Authors 232 Bibliography 245