Bill Donaldson is a former chairman of the U.S. Securities and Exchange Commission and served as Under Secretary of State during the Nixon Administration. In this interview Donaldson relates his dealings with Peter Drucker and his consulting work with Donaldson, Lufkin, & Jenrette. Donaldson describes Drucker as a modern day Renaissance man. By using a form of the Socratic method Drucker would ask Donaldson and his associates questions, such as, “Who is your customer?” These questions helped Donaldson better analyze and understand his business and its goals. He then discusses issues concerning pension funds, which eventually led to the creation of Alliance Capital. He finishes the interview by discussing D.L. & J.’s interest in Scottish Investment Trusts and how the American and Scottish investment mentality differed.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Interviews Donaldson, William Henry, 1931- United States. Securities and Exchange Commission Donaldson, Lufkin & Jenrette, Inc Questioning Consumers Scotland Pension trusts Alliance Capital Management Corp Investments, Scottish Renaissance man Socratic method
Source
Original videotape: Excerpt from 30 minute VHS Tape; Tape 55: Peter F. Drucker Biography
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