Review of Peter Drucker’s book on management and the challenges it faces in the future.
This paper reviews Drucker’s book on management challenges. The paper details the focus of Drucker’s book and the change management techniques described by Drucker that are designed to deal with unpredictable and global and competitive changes.
As is suggested by the title, Peter Drucker uses this book to explain how and why management will be challenged by the brave new world of economics and business we are facing in the 21st century. Many management paradigms (defined as basic assumptions of reality a social science or discipline focuses on) are going to either be flexible enough to change in a faster paced and dynamic environment facilitated by ever-increasing advances in information and other technologies, or they will need to be abandoned completely.”
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