Managing in Turbulent Times
Managing in Turbulent Times by Peter Ferdinand Drucker, published by Harper & Row in 1980, is a significant work that addresses the evolving landscape of business, society, and the economy. This first edition, comprising 239 pages, explores the challenges and opportunities that arise as we enter a new economic era characterized by emerging trends, markets, currencies, technologies, and institutions.
In this book, Drucker emphasizes the importance of action over mere understanding, focusing on the decisions that managers must make in response to rapid changes. Readers will find insights into strategies that can transform potential threats into productive and profitable actions, ultimately benefiting society, the economy, and individuals. The work is rooted in the subjects of business and economics, particularly in the realm of management, making it a relevant resource for those navigating the complexities of contemporary organizational dynamics.
Official synopsis Publisher
This important and timely book concerns the immediate future of business, society and the economy. We are, says Drucker, entering a new economic era with new trends, new markets, new currencies, new principles, new technologies and new institutions. How will managers and management deal with these new realities? This book, the author explains, “is concerned with action rather than understanding, with decisions rather than analysis.” It deals with the strategies needed to transform rapid changes into opportunities; to turn the threat of change into productive and profitable action that contributes positively to our society, the economy and the individual.
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