History Review of Peter Ferdinand Drucker

History Review of Peter Ferdinand Drucker
Name
Institution
An individual who offers exemplary studies and writes about ancient matters with expertise is referred to as an historian. Over the years, historians have emerged in big numbers and have left positive impact on the current generation (Sallivan, 2005). Although a majority of them have passed on, their works still lingers on and are applied on everyday life by various people around the globe (Flaherty, 1999). However big the list of historians is, it would not end without the mention of one historian who perfected the business sector globally. Peter Ferdinand Drucker, with his proficiency as a writer, professor, and management advisor, is one of the best known, most widely influential thinkers on the subject of management and this paper will demonstrate that he helped to pave the way for the for the modern business corporations we have today (Flaherty, 1999).
Peter Drucker was conceived in a small town called Viena-dobling, Viena located in Austria in November 1909 (Tarrant, 1976). He was the proud son to Caroline Bondi who was a doctor by profession and Adolf Drucker who was a lawyer by profession. His family was of Jewish descendant, but later converted to Christianity and lead ‘liberal’ Lutheran protestant in Austria-Hungary. Peter was brought up in a family where big people in society held up meetings to discuss current issues and evolving ideas. He graduated from Dobling Gymnasium, after and moved to Germany, where he got his first job as an apprentice. He then proceeded to work as a journalist where he edited Der Osterreichische Volkswirt (The Austrian Economist) (Stein, 2010). He later shifted to Frankfurt where he furthered his studies while working at Frankfurter General-Anzeiger. It is in Frankfurt where he earned his public and international law doctorate in 1931 in Frankfurt University. In 1933, he migrated again from Germany to England, first working at an insurance company then later as an economist in a private bank (Endersheim, 2007). He also re-united with his long time sweet-heart where their love blossomed resulting to marriage in 1934 and later relocated permanently to the United States. He became a naturalized citizen of the U.S in the year 1943 and shifted his profession to a freelance business consultant, writer and a university professor. He later shifted his career from 1942 to 1949 as a Professor of philosophy and politics from Bennington College. From 1950 to 1971, he became a professor of Management at New York University. His final destination was in California in 1971(Endersheim, 2007).
At Claremont Graduate University, he developed the country’s first MBA executive programs to assist the working professionals. He worked at Claremont as a professional Clarke of social science and management since 1971 till his death. In 1987, the Claremont University College was later named the Peter F. Drucker Graduate school of Management in his honor and established the Drucker Archives in 1999. He continued with his professions way into his nineties until his death in Claremont in November 11, 2005 at the age of 95 years (Endersheim, 2007).
A tender age, Peter learnt about the significance of entrepreneurship and innovation; much of that influence was from Joseph Schumpeter, who also happened to be a friend to his father. Another key opener to his innovation was John Maynard Keynes, who made him realize that all excellent students studying economics paid much attention to the behavior of commodities whereas his field of interest was the behavior of people (Peter, 1993). Most of his writings focused on the relationships between individuals and his books were filled with teachings on how companies can profit people and maintain their dignity in big company. During his early stages in writing, he published Friedrich Julius Stahl, a German conservative philosopher and the Jewish question in German. Apparently, these two books were later banned by the Nazis (Cohen, 2008).
Drucker nurtured his ideas through several ways, in which one of them is teaching. Teaching as a career, nurtured Drucker to impact wisdom in his students in different places he went. Here is a history of his teaching career (Cohen, 2008). First, he became a naturalized citizen of the United States in 1943, where he first had his teaching career as a professor of philosophy and politics at Benington College. Secondly, since 1950 to 1971 he was a professor of Management at New York University, he became the Clarke Professor of management and social science since 1971 till his death at Claremont Graduate University. Thirdly, he established his own learning institute known as Drucker Institute in 2006. Age fac...