Principles of Management(Peter F. Drucker)

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Subhendu K. Mishra. Ph.D

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Course Name : Principles of Management (Peter F. Drucker)

CUTM1189(Credit) :               (1-0-1)

Course Objectives

  • The course aims to orient the students with the works of Peter F. Drucker on Management tasks practices and responsibilities.
  • The course will help the students to understand and appraise the applications of the concepts in various organization settings.
  • The course will encourage the students to  critically examine the concepts and develop essays reflecting various works of Peter F. Drucker 

Learning Outcomes

After completing the course the students will be able to,

  • Describe the various principles propagated by Peter F. Drucker and relate them to a diverse set of organizations.
  • Do a critical analysis of the works by Peter F.  Drucker and prepare a comprehensive essay by integrating the concepts together.
  • Develop reading, writing  and presentation skills

Course Syllabus

Module-I

The study of General Motors and the concept of the Organization. The nature of Management (Management as a social function and liberal art) Dimensions of Management, The Purpose and Objective of a business, Role of a Manager

Module-II

The structure of Management, Management of Work and the Worker, Management’s New paradigm social Impacts, technology and managers of tomorrow.

Project

  • Organization Purpose and Objectives
  • The Peter Drucker challenge

References:

  • Peter Drucker (2016) “The Practices of Management” revised edition, Routledge
  • Peter Drucker (2001). The Essential Drucker. HarperCollins
  • The Peter F. Drucker Reader: Selected Articles from the Father of Modern Management Thinking by Peter F. Drucker, Harvard Business Review

Session Plan

Session 1

Why do we Read Peter F. Drucker?

https://hbr.org/2009/11/why-read-peter-drucker

Peter F. Drucker an Enduring Legacy

https://www.youtube.com/watch?v=HhE2eCqdovw

 

Session 2

Peter F. Drucker- His study at General Motors and The concept of the Corporation.

Group Project-  Doing a review of the Book "The concept of the Corporation"

Concept of the Corporation ( PDFDrive.com )

Session-3

The Nature of management- Management as social Function and Liberal Art

Reading: The Essential Drucker,  Chapter-1:  Management as social Function and Liberal Art

Session-4

The Dimensions of management-

Three tasks of management; 1. The task of economic performance, 2. To make work productive and worker effective, 3. managing the social impacts and the social responsibilities of the enterprise

Reading: The Essential Drucker, Chapter-2 Dimensions of Management

 

 

 

Session-5

The purpose and Objective of a Business

Readings:

Case- The Sears Story

The Practice of Management, Chapter 5, 6 and 7

 

 

 

 

Mid Term Project - 

Reflecting the understanding from session 4 & 5. Each student must select a minimum of 5 organizations from various sectors and prepare a presentation on the purpose and Objectives of the businesses and how these organizations are prioritizing and executing the tasks?

 

 

 

 

Session-6

The Structure of Management- Three specific ways to find out what kind of structure to attain the objective of the business;  Activity analysis, decision Analysis, & Relational analysis, The two structural principles; Federal decentralization and Functional Decentralization merits and demerits. Symptoms of Malorganization. The four stages of Business sizes.

Reading: The Practice of Management, Chapter 16 & 17

 

 

 

 

Session-7

Management of work and the worker, Critics to personal administration and Human relations  Management by Objective and Self Control.

Case-The IBM story

 

 

 

Session-8

Management's New Paradigm

Reading: The Essential Drucker, Chapter 6

 

 

Session-9

Social Impact of Business

https://www.youtube.com/watch?v=q-s9ikLzOrs

 

 

Session-10

Technology and Managers of tomorrow

 

 

Final Project- The Peter Drucker Challenge

Each student will prepare an essay which will be worthy for sending to the Drucker challenge Essay contest in the student's category held every year.

It is advised that students will read the following articles  What Makes an Effective Executive, The Theory of the Business, Managing for Business Effectiveness, The Effective Decision, How to Make People Decisions, They're Not Employees, They're People, The New Productivity Challenge, What Business Can Learn from Nonprofits, The New Society of Organizations,  and "Managing Oneself written by Peter F. Ducker  published in Harvard Business Review at different times.

Visit druckerchallenge.org for details regarding the contest.

Case Studies

  • The Sears Story
  • The IBM Story

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    Subhendu K. Mishra. Ph.D

    Associate Professor & PGP Coordinator
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    A Scholar in the area of Entrepreneurship and Family Business Management and Doctoral Fellow from Entrepreneurship Development Institute of India (EDII). I am presently engaged as Associate professor and PGP coordinator at School of Management, Paralakhemundi campus. I represent coalesce of industry exposure with years of academic experience. My teaching areas include Entrepreneurship, Family Business […]