Comment on the Following Statement by Peter Drucker: "In the Case

question 203

Essay

Comment on the following statement by Peter Drucker: "In the case of knowledge workers,the employer no longer owns the tools of production.Today it is the employee that owns them."

---

Definitions:

Management Model

A theoretical framework or tool that outlines the strategies, practices, and procedures used to manage an organization effectively.

General Guidelines

Broad and nonspecific instructions or rules designed to guide actions or behavior in various situations.

Defender Organization

A type of business strategy where a company focuses on protecting its existing market share by emphasizing product improvement and innovation within a narrow market scope.

Current Operations Efficiency

The ratio of effective output to input in the performance of a business’s present-day activities.