Wednesday, April 7, 2010

Management Challenges for the 21st Century

I did not know as to how i have to pass my time and I had to my granduncle's place. We spoke for some time on my plans next and his opinions on them. Then he suggested me to read the book titled "Management Challenges for the 21st Century" by Peter F. Drucker. Normally, I don't read books with a lot of interest. And when I was given this book and after I came to know that it is a non-fiction book, I never thought I would finish reading it and never ever thought that i would write something on this book in my blog. Undoubtedly my sisters willbe surprised reading this.
Well about the book, the intentions of the author are very clear and he mentions each and every point with an example. I took about 3 weeks to finish this book. Its a 200 page book which made me learn what management is. Let it be management of time, work, family, anything. It had to deal a lot on adapting yourself to this rapidly changing world, team work and also how to be a good leader. The end of hierarchy is blatant nonsense according to the author. In any institution, there has to be a final authority, a boss who should make a final decision and it has to be obeyed by the rest. Survival of an institution in a situation of peril clearly depends on command. If the ship is sinking you can not expect the captain to hold a discussion, he has to order. And if the ship has to be saved, everyone has to obey his order.
Also the ability to interact and working in a group is also very important. The author gives an example of an operation being carried out by a group of doctors. In an operation theatre, you will not only have a doctor but a person who will be checking the pulse of the patient, a helper to the doctor and a few more. Now only when all these people communicate well between each other, work with togetherness that the surgery will be successful. Now this skill for a manager according to me stands at the top.
The author also mentions that management and entrepreneurship are two dimensions of the same task and go hand in hand. An entrepreneur who does not know how to manage does not last for long, nor a manager who does not know how to innovate will last for long. The changes in the system and the ability to get adapted to them is also very important. I really loved the book and learnt a lot from the author.