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Management Audio CD – Audiobook, 1 Dec 2008

4.5 out of 5 stars 2 customer reviews

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Product details

  • Audio CD: 15 pages
  • Publisher: HarperAudio; Abr Rev edition (Dec. 2008)
  • Language: English
  • ISBN-10: 0061687685
  • ISBN-13: 978-0061687686
  • Product Dimensions: 13.4 x 5.5 x 14.8 cm
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: 1,776,249 in Books (See Top 100 in Books)

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Review

He was a man who persistently stayed ahead of his time. As begetter of the science of management he towered above the imitators he spawned. Guardian PETER DRUCKER was a doyen of management theory whose influence spanned eight decades. Times --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

There are very few writers of whom one can say they invented an entire field of study: Peter F. Drucker is one. "Management" as a concept literally did not exist until Drucker's groundbreaking work. From Jim Collins to Jack Welch, every great theorist and practitioner of management has walked in Drucker's footsteps.
And in 1974, with MANAGEMENT, he published the book that would come to define the field. In this seminal work, Drucker explored how managers--in the for-profit and public service sectors alike--can perform effectively. Examining management cases with a global eye, Drucker laid out the essentials of performance, and of how a manager interacts with their organization and the social and cultural environment in which they operate. For three decades, managers and students of business worldwide have relied on Peter Drucker to prepare themselves to meet the challenges of an ever-changing business environment. The result is a book that--while still a fundamental work--has also slipped substantially behind the current business climate.
Now Joseph Maciariello, Professor of Management at Claremont University's Peter F. Drucker and Masatoshi Ito Graduate School of Management and one of Drucker's foremost students and proteges, has exhaustively revised and updated this book to meet the needs of the modern-day manager. Almost every page contains new and reworked material that reflects the thirty years of Drucker's thinking and writing that postdated the original edition. Business examples that have now gone out of date have been reworked; commentary to explore and explain Drucker's thinking and its applications has been added throughout. MANAGEMENT is ready at last to enter the twenty-first century and continue its reign as the must-read text for every serious student of the field. --This text refers to an out of print or unavailable edition of this title.

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Format: Hardcover
To say that Peter F. Drucker wrote the book on management is absolutely accurate, but only if you make that plural. During his long lifetime, "the founding father of the study of management" published 34 major works, including 15 on the art and science of enterprise management. Drucker had a front-row seat for the managerial exploits of the 20th century's leading corporations, and this update to his 1973 classic "Management: Tasks, Responsibilities, Practices" includes his kaleidoscopic take on many of them. Revised by Joseph A. Maciariello to incorporate Drucker's later writings, this version lucidly covers every aspect of management, plus a remarkably diverse array of topics such as nonprofits, service organizations, corporate governance and "knowledge workers" (a term Drucker used to describe white-collar, skilled professionals in the labor force). getAbstract confirms that if you want to learn about management, you cannot do better than Drucker's acknowledged masterpiece. This is the bedrock business book.
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Format: Audio CD Verified Purchase
Everything was ok, I would like to use this sealer again. Service met my expectation. The product was well packed.
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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: HASH(0x9e88515c) out of 5 stars 40 reviews
70 of 72 people found the following review helpful
HASH(0x9e520f84) out of 5 stars Original 1974 edition vs. Revised 2008 "Maciariello" edition 5 Jan. 2012
By Dan - Published on Amazon.com
Format: Hardcover
While writing a presentation for my boss and needed some reference, I came upon the 1974 edition of this book in my library. I found myself unable to stop reading all the precious words of wisdom Drucker has had to offer. It was a moment of "Aha! Eureka!" for me where the concepts that I knew intuitively were being articulated into words, direct, clear and easy to understand. It reads very much like a person talking to you, and Drucker probably wrote this book using material from a collection of speeches he once delivered to people hungry for his advice.

When I finally decided to purchased the book, I bought the revised edition, but unfortunately, I felt it lost much of the initial "Eureka!" effect. Consider the following quotations from the book:

1974 edition (The Purpose of a Business):
"It is the customer who determines what a business is. It is the customer alone whose willingness to pay for a good or for a service converts economic resources into wealth, things into goods. What the business thinks it produces is not of first importance - especially not to the future of the business and to its success. The typical engineering definition of quality is something that is hard to do, is complicated, and costs a lot of money! But that isn't quality; it's incompetence. What the customer thinks he is buying, what he considers value, is decisive - it determines what a business is, what it produces, and whether it will prosper. And what the customer buys and considers value is never a product. It is always utility, that is what a product or service does for him. And what is value for the customer is, as we shall (in Chapter 7), anything but obvious."

Revised 2008 edition (The Purpose of a Business):
"It is the customer who determines what a business is. It is the customer alone whose willingness to pay for a good or for a service converts economic resources into wealth, things into goods. And what the customer buys and considers value is never a product. It is always utility, that is what a product or service does for him."

Since I work in an industry closely related to engineering that involves churning out drawings after drawings, the additional explanation by Drucker's original 1974 edition, where defining "engineering quality" as "incompetence" was a shocker to me when I first read it. It got my attention to want to understand why as a Manager, Drucker thinks that a shift in the thinking of an engineer is needed in order to run a great business - a shift in thinking where the product (utility) is viewed from the end-user, rather than from the engineer's perspective. This is absent in the revised edition and subsequently the "Eureka!" effect is lost.

Consider another example:

1974 edition (Strategic Planning):
"We can now attempt to define what strategic thinking is. It is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback."

Revised 2008 edition (Strategic Planning):
(The whole 1974 text is absent - the closest equivalent explanation is this passage) "Practically every basic management decision is a long-range decision - ten years is a rather short time span these days. Whether concerned with research or with building a new plant, designing a new marketing organization or a new product, every major management decision takes years before it is really effective. And it has to be productive for years thereafter to pay off the investment of people and money. Managers, therefore, need to be skilled in making decisions with long futurity on a systemic basis."

I find that Maciariello, despite being "one of Drucker's foremost students and protégés", took too much liberty in interpretation, rather than leaving Drucker's original words for the reader to interpret them according to their experiences (whether you are a manager with a marketing background or a manager from an engineering background, or sales). I also find that the revised edition is written with too much of an assumption that the reader is familiar with Drucker and skips through many of the very basic definitions and explanations (see example 2). However, I think it is the simplicity of the original 1974 edition that gives it its profound impact.
Buyer take note.
11 of 12 people found the following review helpful
HASH(0x9e525468) out of 5 stars The Classic - Updated and Better 1 Jun. 2011
By Ashok A - Published on Amazon.com
Format: Hardcover
The original Management: Tasks, Responsibilities, Practices has been competently revised by Joseph Maciariello. The original book was written in 1973/74 and is still considered a classic. However, it has examples which date to 1960s IBM, Sears, Siemens, etc, - not making much sense to today's management readers. Also, Drucker was an extremely prolific writer (when asked which is his best book, he would say 'my next one') with a very fertile imagination. All the subsequent major ideas from Drucker find a place in this revised edition. In this book, there is a chapter (Introduction to the Revised Edition) which provides a nice integrated ('systems') view of the book. The book spans over all important topics. Some of the major headings include "Business Performance", "Productive Work and Achieving Worker", "Managerial Skills", "Innovation and Entrepreneurship", "Managerial Organization", and "New Demands on the Individual". One of my favorites is Chapter 47: Revitalizing Oneself - Seven Personal Experience - this is by itself was worth the money I paid for. Very reluctantly, I came around the view that this book is written more concisely than the original classic. Read it and become a better manager by integrating the recommended practices. If there is one book that distills the monumental wisdom of Drucker into one readable book - this is it. I recommend it very highly. It is an absolute must-read.
4 of 4 people found the following review helpful
HASH(0x9e7f4db0) out of 5 stars Indispensible guide for anyone in business... 20 April 2012
By PO - Published on Amazon.com
Format: Hardcover Verified Purchase
I was going to rate this a 5 star, until I read Dan's review, and I have to concur that the writing style can seem void of a strong voice, it can be bland or washed over. And from Dan I now know that it is the revisions from the original which watered this down.

That said, if some of the writing was diluted, the ideas are still very powerful, so I give Drucker high marks for his excellent thinking on one essential topic after another.

For anyone who has read some of my other book reviews, you'll know that I much prefer Drucker's interpretation of leadership than many others.

That said, Drucker offers fundamental, essential insight into:
- the purpose of business
- strategy
- any business that works with knowledge workers.
14 of 18 people found the following review helpful
HASH(0x9e53c87c) out of 5 stars The pillar of Management Practitioners 29 July 2008
By Luca Forni - Published on Amazon.com
Format: Kindle Edition
I'd always thought Management was about practice and good examples you had been lucky to receive during your career. At a certain point of my career though, evidences proved I was not confortable with that statement anymore. I felt Management had its principles, rules, laws, but I was missing the education to prove it and sustain it among coleagues, peers, and my reports. Drucker's "Management" filled that abysmal gap and gave me back the confidence that my "feelings" were not devoid of fundaments.
8 of 10 people found the following review helpful
HASH(0x9e53ca14) out of 5 stars Watered down version of a classic 5 Jun. 2010
By Werner Nicdao - Published on Amazon.com
Format: Hardcover
I had the previous edition of this same book, which was Management: Tasks, Responsibilities, Practices sometime ago before I gave it to someone else. This new edition appears to have taken out a lot of content from the previous one. Something I doubt Peter Drucker himself would have sanctioned had he been alive today. I would suggest purchasing the previous edition together with this new edition for a more balanced treatment. For those who tend to think this "revised" or "updated" edition is better, I can only say "caveat emptor".
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