Management, Volume 2

This is the second volume of the revised edition of Peter Drucker's landmark Management: Tasks, Responsibilities, Practices (first published in 1973), revised by Joseph A. Maciariello on the basis of the original and incorporating Drucker's writings on management from 1974 to 2005. The reviser integrated new material into the original, replacing the old with the new, cutting content that had clearly become outdated, and updating examples wherever possible so that this classic connects with new developments in management practice. Volume 2 begins with the manager's work and responsibilities, discussing the design and content of managerial positions, management and manager development, management by objectives and self-control, the shift from middle management to the information-based organization, and the spirit of performance. It then moves into managerial skills: the elements of effective decisions, personnel decisions, managerial communication, controls and control, managers and budgets, and information tools and concepts. Next come two large parts on innovation and entrepreneurship and on managing the organization, covering the entrepreneurial business and the new venture, entrepreneurial strategies, systematic innovation, strategy and structure, several organizational structures, team types, alliances, the CEO's responsibilities, and corporate governance. The book closes with the new demands on the individual: self-management, managing the boss, self-motivation, and the educated person, ending with the future manager. Throughout runs Drucker's idea of management's three responsibilities: the performance of the institution, making work productive and the worker achieving, and managing social impacts and social responsibility. The book can be read alongside The Drucker Classic Management Casebook.