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Book Description

How to Adjust to Shifts in the Economy

In these forty salient essays, renowned management thinker Peter F. Drucker explores how social, political, and economic contexts impact the manager's role. Considered against the backdrop of the twenty-first-century marketplace, with its breathless pace, complex political issues, economic threats, and ruthless global competition, the book's wisdom and insights are classic Drucker: timeless, prescient, and practical.

Arguing that management is charged not only with responding to the complex economic issues of the day but also with meeting the needs of customers and employees, Drucker addresses a wide variety of topics that touch on both the professional and the personal aspects of managing in a changing world, among them:

  • Emerging developments in the global economy
  • Changes in the global workforce
  • The measurement of business performance
  • Shifting employee and consumer expectations

Both forward-thinking and practical, Peter F. Drucker on Economic Threats offers ideas and insights today's managers can use to achieve consistent, successful results, even as the world around them changes.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Contents
  5. Publisher’s Note
  6. Introduction: A Society of Organizations
  7. Part I Executive Agenda
    1. ONE Inflation-Proofing the Company
    2. TWO A Scorecard for Management
    3. THREE Helping Small Businesses Cope
    4. FOUR Is Executive Pay Excessive?
    5. FIVE On Mandatory Executive Retirement
    6. SIX The Real Duties of a Director
    7. SEVEN The Information Explosion
    8. EIGHT Learning from Foreign Management
  8. Part II Business Performance
    1. NINE The Delusion of Profits
    2. TEN Aftermath of a Go-Go Decade
    3. ELEVEN Managing Capital Productivity
    4. TWELVE Six Durable Economic Myths
    5. THIRTEEN Measuring Business Performance
    6. FOURTEEN Why Consumers Aren’t Behaving
    7. FIFTEEN Good Growth and Bad Growth
    8. SIXTEEN The “Re-Industrialization” of America
    9. SEVENTEEN The Danger of Excessive Labor Income
  9. Part III The Non-Profit Sector
    1. EIGHTEEN Managing the Non-Profit Institution
    2. NINETEEN Managing the Knowledge Worker
    3. TWENTY Meaningful Government Reorganization
    4. TWENTY-ONE The Decline in Unionization
    5. TWENTY-TWO The Future of Health Care
    6. TWENTY-THREE The Professor as Featherbedder
    7. TWENTY-FOUR The Schools in 1990
  10. Part IV People at Work
    1. TWENTY-FIVE Unmaking the Nineteenth Century
    2. TWENTY-SIX Retirement Policy
    3. TWENTY-SEVEN Report on the Class of ’68
    4. TWENTY-EIGHT Meaningful Unemployment Figures
    5. TWENTY-NINE Baby-Boom Problems
    6. THIRTY Planning for Redundant Workers
    7. THIRTY-ONE The Job as Property Right
  11. Part V The Changing Globe
    1. THIRTY-TWO The Rise of Production Sharing
    2. THIRTY-THREE Japan’s Economic Policy Turn
    3. THIRTY-FOUR The Battle Over Co-Determination
    4. THIRTY-FIVE A Troubled Japanese Juggernaut
    5. THIRTY-SIX India and Appropriate Technology
    6. THIRTY-SEVEN Toward a New Form of Money?
    7. THIRTY-EIGHT How Westernized Are the Japanese?
    8. THIRTY-NINE Needed: A Full-Investment Budget
    9. FORTY A Return to Hard Choices
  12. A Final Note: The Matter of “Business Ethics”
  13. Acknowledgments
  14. Index
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