Drucker on the functions of Management
This mindmap provides a comprehensive overview of Peter Druckers influential perspective on the functions of management. The map explores five key managerial functions according to Drucker, including setting objectives, organizing, motivating and communicating, measuring performance, and developing people. It further delves into the impact of Druckers theories on management practice, such as his Human Relations movement, Management by Objectives (MBO), and the introduction of the knowledge wo...
1. Peter Drucker's Theory 📚
1.1. Background Knowledge
1.2. Key Concepts
1.2.1. Management By Objectives (MBO)
1.2.2. Decentralization and simplification
1.2.3. The workers’ role as knowledge assets
2. Drucker's Impact and Legacy 🏆
2.1. Schools of Thought Influenced 🎓
2.2. Evaluation of Drucker's Theory 👩🏫
2.3. Relevance in Modern Management 🌐
3. Functions of Management according to Drucker 👨💼
3.1. Setting Objectives 🎯
3.1.1. Establishing goals for each section 💼
3.1.2. Measurement of progression 📈
3.2. Organizing Tasks 🗂️
3.2.1. Decision on what is done 🔄
3.2.2. Determining when and how it is done 📅
3.2.3. Assigning responsibility for outcomes ⚖️
3.3. Motivating and Communicating 👥
3.3.1. Decision on what is expected 💬
3.3.2. Providing feedback on performance 🔄
3.3.3. Encouraging and influencing employees 🙌
3.4. Measuring 📏
3.4.1. Establishing targets 🎯
3.4.2. Testing actual performance against targets ⚖️
3.5. Developing People 🚀
3.5.1. Focus on employee development and growth 💼
3.5.2. Build on strengths and improve weaknesses 💪