Peter F. Drucker (management theorist)

Peter F. Drucker was a prominent management theorist known as the "father of modern management." He emphasized the importance of effective leadership, innovation, and the need for organizations to adapt to change. Drucker believed that focusing on results and understanding the needs of customers were essential for success. His ideas, such as "management by objectives," highlighted the importance of setting clear goals and measuring performance. He contributed significantly to the understanding of how businesses operate and how to improve their effectiveness, influencing both corporate strategies and nonprofit organizations globally.