During Peter Drucker’s lecture regarding the effective manager he begins by discussing his book called “The Effective Executive” which focuses on the behavior of the manager, whereas he explains the course by the same name focuses on the manager as an individual. He argues that the course focuses on the manager as an individual because managers are now expected to take responsibility for themselves whereas when he wrote the book in the 1960s that was not the case. He also explains how such concepts were considered counter-culture in Japan during the postwar period. He goes on to stress the importance of learning statistics and gives a brief history of mathematics and statistics. He then explains that insurance made the modern economy possible because it allowed people to take economic risks. He then states that the basic assumptions of insurance are that natural risks do not compound one another so that if you insure against the highest of the natural risks you are therefore insured against all of them. He then goes on to explain that the most dramatic drop in the price of a commodity is not the recent drop in the price of computers, but in fact was between 1740 and 1780 when the price of cotton fell 99.9%. He then shares a brief history of cotton and textiles that lead up to the drop in price during the 1700s. In addition, he explains how the invention of the spinning wheel led to women’s liberation. The video begins with the lecture in progress. The lecture continues beyond the length of the tape recording.
Lectures and lecturing Management Cotton Statistics Japan Mathematics Insurance Spinning-wheel Feminism
Source
Color videocassette: Peter F. Drucker Graduate School of Management Claremont Graduate University, 05/01/98 The Effective Manager, Box 84; ¾ inch VHS cassette
If you're wondering about permissions and what you can do with this item, a good starting point is the "rights information" on this page. See our terms of use for more tips.
Share your story
Has Calisphere helped you advance your research, complete a project, or find something meaningful? We'd love to hear about it; please send us a message.
