@article{ART002742457},
author={Han, Hyung Sung},
title={Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』},
journal={The Journal of General Education},
issn={2465-7581},
year={2021},
number={16},
pages={241-262},
doi={10.24173/jge.2021.07.16.8}
TY - JOUR
AU - Han, Hyung Sung
TI - Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』
JO - The Journal of General Education
PY - 2021
VL - null
IS - 16
PB - Da Vinci Mirae Institute of General Education
SP - 241
EP - 262
SN - 2465-7581
AB - This study analyzes the impact of the management philosophy shown in Peter Drucker's 『The Practice of Management』 on ESG management and its implications for business-related liberal education at universities. Drucker defines an enterprise as a human and social organization that exists for the market and customers and as a ‘social institution’ belonging to society and community. Drucker argued that the ‘maximizing profit’ theory should be discarded, and that managers should target ‘minimum essential profit’ that makes the company sustainable. Drucker also criticized one-man owner management and emphasized the board's independence and critical functions. Above all, the biggest contribution to Drucker's management philosophy is to make it clear that managers should pursue corporate interests in the process of fulfilling their social responsibilities.
KW - Peter Drucker;The Practice of Management;ESG;Liberal Education;Social Responsibility
DO - 10.24173/jge.2021.07.16.8
ER -
Han, Hyung Sung. (2021). Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』. The Journal of General Education, 16, 241-262.
Han, Hyung Sung. 2021, "Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』", The Journal of General Education, no.16, pp.241-262. Available from: doi:10.24173/jge.2021.07.16.8
Han, Hyung Sung "Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』" The Journal of General Education 16 pp.241-262 (2021) : 241.
Han, Hyung Sung. Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』. 2021; 16 : 241-262. Available from: doi:10.24173/jge.2021.07.16.8
Han, Hyung Sung. "Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』" The Journal of General Education no.16(2021) : 241-262.doi: 10.24173/jge.2021.07.16.8
Han, Hyung Sung. Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』. The Journal of General Education, 16, 241-262. doi: 10.24173/jge.2021.07.16.8
Han, Hyung Sung. Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』. The Journal of General Education. 2021; 16 241-262. doi: 10.24173/jge.2021.07.16.8
Han, Hyung Sung. Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』. 2021; 16 : 241-262. Available from: doi:10.24173/jge.2021.07.16.8
Han, Hyung Sung. "Peter Drucker's Management Philosophy and Liberal Education : Focusing on the 『The Practice of Management』" The Journal of General Education no.16(2021) : 241-262.doi: 10.24173/jge.2021.07.16.8