Peter F. Drucker on the Network Economy

· Harvard Business Press
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Succeeding in the Network Economy

Peter F. Drucker has inspired and educated managers and influenced the practice of management for generations. Writing across six decades, Drucker was one of the first business thinkers to understand the new rules as well as the skills required for success in the network economy.

In this collection of essays, Drucker offers timeless insights on what it takes to lead a profitable enterprise in a time when networks and information have largely replaced consumable goods. He guides executives on how to recognize when to invent the future instead of being overtaken by it. These essays offer advice on many important business topics, including:

  • Planning and strategizing in uncertain times
  • Understanding how a network economy works
  • Cultivating long-term business intelligence
  • Building strategic alliances
  • Mastering the roles and skills required in a network economy

Peter F. Drucker on the Network Economy contains insights that have not only proved to be true over time but remain deeply urgent and relevant today.

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Peter F. Drucker (1909–2005) is one of the best-known and most widely influential thinkers on the subject of management theory and practice, and his writings contributed to the philosophical and practical foundations of the modern corporation.

Often described as "the father of modern management theory," Drucker explored how people are organized across the business, government, and nonprofit sectors of society; he predicted many of the major business developments of the late twentieth century, including privatization and decentralization, the rise of Japan to economic world power, the critical importance of marketing, and the emergence of the information society with its implicit necessity of lifelong learning. In 1959, Drucker coined the term "knowledge worker" and in his later life considered knowledge-worker productivity to be the next frontier of management.

Peter Drucker died on November 11, 2005, in Claremont, California. He had four children and six grandchildren.

You can find more about Peter F. Drucker at cgu.edu/center/the-drucker-institute.

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