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November 12, 2005
Remembering Peter Drucker
I have had many discussions over the last two years about the field of employee engagement and if it is a fad that will go away in the near future. I often respond that, while the term "employee engagement" is relatively new, the ideas it embodies date back to the 1940s.
Peter Drucker, who died yesterday, pioneered today's employee engagement concepts with his book "The Concept of the Corporation" from 1946, in which he argued that management could achieve sustainable profits only by treating employees like valuable resources
and that decision-making power should be decentralized, including giving hourly workers more control over factory life and guaranteed wages.
The genesis of this ground-breaking book that became a sensation overnight was General Motors, which invited him in 1943 to study its structures and policies. It's a curious coincidence that, on the day of Drucker's death, GM's unions ratified historic cuts in worker benefits. I wonder what Drucker would have thought?
Posted by Christopher at November 12, 2005 9:13 AM
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Comments
Very interesting
Posted by: Amanda at November 28, 2005 9:44 PM