Summary of The World According to Peter Drucker

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The World According to Peter Drucker book summary
How the man who invented management got us all talking his talk and walking his walk: why Peter Drucker rules.


6 Overall

5 Applicability

6 Innovation

6 Style


Peter Drucker’s philosophies and theories have shaped management all over the world. Drucker is highly respected. He has always taught that people are an organization’s most important resource. In 1954, Drucker virtually invented ’management.’ Although, of course, management existed before, nobody had ever treated it as a distinct field. Jack Beatty’s book about Peter Drucker is not just another biography. Beatty criticizes Drucker in some areas and extols his virtues in others. The book is sometimes entertaining and consistently well written. Enough of Drucker’s ideas are included to make you want to read his books. Most of the book summarizes Drucker’s work chronologically. Company leaders who want their top people to learn about management should make this required reading. recommends this book to managers in all industries.

In this summary, you will learn

  • How Peter Drucker was the first to treat “management” as a distinct field
  • How he predicted the impact of economic globalization
  • Why Drucker says that huge disparities between management and employee salaries cause resentment


WWI Influences Peter Drucker
Peter Drucker’s father worked for the Ministry of Economics of the Austro-Hungarian government. Drucker’s earliest memory is of either his father or one of his father’s friends saying, "This is the end not just of Austria, but of civilization." The words were...
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About the Authors

Jack Beatty is a senior editor at The Atlantic Monthly, where he edited several of Peter Drucker’s articles. He wrote The Rascal King, a biography of the legendary Irish-American politician James Michael Curley.

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