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Introduction - Peter Drucker on the Importance of...

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1 MGMT 371 Organizational Behavior Dr. Marc H. Anderson Class #2 August 27, 2008 Today’s Agenda About Me About You A Couple Questions My Teaching Goals & Philosophy Review Syllabus & Assignments Assignment Due Friday (NEXT CLASS) Business Historian Alfred Chandler on Organizations “The major innovation in the American economy between the 1880s and the turn of the century was the creation of the great corporation in American industry.” from Gardner (1995: 133) Peter Drucker on the Importance of Management “Rarely in human history has an institution emerged as quickly as management or had as great an impact so fast. In less than 150 years, management has transformed the social and economic fabric of the world’s developed countries.” “Management explains why, for the first time in human history, we can employ large numbers of knowledgeable, skilled people in productive work. No earlier society could do this.” from The New Realities (1989) Why the Study of Management and
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