Management Schools and Theorists: Essay
A Look at W.E. Deming and Peter Drucker
Abstract W. E. Deming and Peter F. Drucker are two well-known theorists in the field of management who have their own beliefs on how businesses (organizations) should and could be managed in order to maximize productivity to its fullest potential. Summarized biographies and overviews of each theorists’ beliefs and association with a particular school of management is explained. Sources and references include published literature, articles, and Internet websites. A final look at how each theorist’s view has similarities, yet differ, is detailed in the conclusion.
Management Schools and Theorists:
A Look at W.E. Deming and Peter Drucker There are …show more content…
The 14 points.
1. Create constancy of purpose toward improvement of product and service, with the aim to become competitive and to stay in business, and to provide jobs.
2. Adopt the new philosophy. We are in a new economic age. Western management must awaken to the challenge, must learn their responsibilities, and take on leadership for change.
3. Cease dependence on inspection to achieve quality. Eliminate the need for inspection on a mass basis by building quality into the product in the first place.
4. End the practice of awarding business on the basis of price tag. Instead, minimize total cost. Move toward a single supplier for any one item, on a long-term relationship of loyalty and trust.
5. Improve constantly and forever the system of production and service, to improve quality and productivity, and thus