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This recording is part one of the first day of a course being taught by Peter Drucker. It is for current executive management students but also alumni and colleagues. The topics are based on his ideas for his next book. Gale Merseth makes the introduction. Then Drucker makes several announcements, including one about a topic change for the following week, and a joke about the sound system being set up as an engineering thesis. He then goes on to explain that the management landmarks of today and tomorrow are different than those of yesterday. We are using compass bearings that are no longer on a valid map and it leads to failure. His goal is to identify helpful questions, and in some cases alternative choices, but not answers. He discusses the importance of perception, race relations, and American politics. He reiterates a wise mans advice that you never reach an objective, only about half of it, so if you don’t aim high you will never get anywhere. Drucker states that the United States shifted away from ideological politics because of Mark Hanna and the creation of the Republican Party. He continues with discussion on how social crises are worse than economic crises, and that your economic position is determined by “how long you have been sitting on your rear end” because education beats economics. Drucker closes with the idea that the problem with this century is not the psychology of the individual, but the psychology of the mass.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Executive management Engineering Audiocassettes Government agencies Forecasting Eisenhower, Dwight D. (Dwight David), 1890-1969 Discrimination Race relations Classroom environment Stock exchanges Economics Economic development Communism Political science Catholic Church France Power (Social sciences) Capitalism Political parties Roosevelt, Franklin D. (Franklin Delano), 1882-1945 New Deal, 1933-1939 Federalist Freud, Sigmund, 1856-1939 Newspaper editors Spanish-American War, 1898 Hitler, Adolf, 1889-1945 Vienna Blue collar workers Labor Republican Party Social security Kreisky, Bruno Hanna, Marcus Alonzo, 1837-1904 Canetti, Elias, 1905-1994 Education Merseth, Gale Boland, Mary Jane
MiniDisc: P.D. 9/19/88 part 1; 9/19/88; Box 89, minidiscs and floppies