Part II: 1950s


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Part II: 1950s
Part II: 1950s 3.  The Problems of Maintaining Continuous and Full Employment (1957) Business historian Alfred D. Chandler Jr. has described the 1950s as a "Golden Age of Capitalism" in which big American companies fueled economic growth by exploiting "new knowledge-intensive as well as capital-intensive technologies in chemistry, pharmaceuticals, aircraft, and electronics." One can easily add to that list another innovation of the era: management. And more than anyone, it was Peter Drucker who showed the way. His 1954 book, The Practice of Management, became the guide to which countless executives turned in order to m…
Citation
Rick Wartzman: Drucker Lectures: Essential Lessons on Management, Society and Economy. Part II: 1950s, Chapter (McGraw-Hill Professional, 2010), AccessEngineering Export