Vale Peter Drucker

Just heard the news that Peter Drucker has died. One the most influential thinkers of the 20th century. I always thought he was one of the more sane management theorists.

Nov. 11 (Bloomberg) -- Peter Drucker, who was considered the greatest management guru and coined such terms as ``management by objective'' and ``knowledge workers,'' has died. He was 95.
Drucker died this morning, Claremont Graduate University said in a statement.
The Austria-born journalist and intellectual taught, wrote and advised companies on management techniques for seven decades, completing his 35th book at age 94. Drucker was celebrated for his clear thinking and engaging analysis, rather than any single theory or research.

His wide-ranging lectures captivated audiences from Japanese executives to U.S. college students, and he was respected if not revered by top executives who sought his counsel. Accolades poured in when Forbes featured Drucker in a 1997 cover story.

``He makes you think,'' Jack Welch, then-chairman of General Electric Co., told the magazine, while Intel co-founder Andrew Grove declared, ``Drucker is a hero of mine. He writes and thinks with exquisite clarity -- a standout among a bunch of muddled fad mongers.''