Peter F. Drucker claims to have made his last prediction late in 1929 when he forecast a quick recovery for the stock market, thereby inoculating himself against the folly of making further predictions. Nevertheless, the instinct to look ahead is profoundly human. We, the editors of the Harvard Business Review, have thus chosen the occasion […]
A version of this article appeared in the September–October 1997 issue of Harvard Business Review.
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Peter F. Drucker (November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives, and he has been described as “the founder of modern management.”
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Esther Dyson,
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Charles Handy is a longtime contributor to HBR and the author of more than a dozen books. His new book is The Second Curve: Thoughts on Reinventing Society.
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Paul Saffo (paul@saffo.com) is a forecaster based in Silicon Valley, in California.
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Peter M. Senge is the founding chairperson of the Society for Organizational Learning and a senior lecturer at the MIT Sloan School.
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Leading People. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.