Early Life
Peter Drucker was born on November 19, 1909 to Caroline Bond and Adolf Drucker in a small village called Kaasgraben in Vienna, Austria. His father was a lawyer and high-level civil servant. He grew up seeing intellectuals, high government officials and scientists discussing new ideas and concepts. Drucker graduated from Döbling Gymnasium. Since there was less opportunity for employment in post-Habsburg Vienna, he moved to Hamburg, Germany. He initially worked as a trainee at a cotton trading company and then served as a journalist, writing for Der Österreichische Volkswirt. Drucker, then, shifted to Frankfurt and took up a job at the Daily Frankfurter General-Anzeiger. While his days in Frankfurt, in 1931, he acquired a doctorate in international law and public law from the University of Frankfurt.
Early Career
Initially, Drucker was greatly influenced by the Austrian economist Joseph Schumpeter, friend of his father, who stressed on the importance of innovation and entrepreneurship. His initial works, one on the conservative German philosopher Friedrich Julius Stahl and the second, “The Jewish Question in Germany”, were later burned and banned by the Nazis. In 1933, Drucker left Germany and moved to London. During his days in London, he worked in insurance company, later switching his job as a chief economist at a private bank. Later, Drucker married Doris Schmitz and shifted permanently to United States. In America, he took a job of a university professor, simultaneously working as a freelance writer and business consultant. In 1943, Drucker gained the citizenship of United States. Due to his effective initial writings on politics and society, he got access to the General Motors (GM) internal management in 1942.
In 1943, Donaldson Brown, master mind of General Motor’s (GM) administrative control invited Drucker to conduct so called “political audit”, under which he had to analyze the corporation for two years in social- scientific methods. Drucker participated in each board meeting, interviewed all the employees, analyzed production and decision-making processes. At the end, he came out with a book “Concept of the Corporation”. The book gained extraordinary popularity both in and outside GM and promoted the company’s multidivisional structure. The book resulted in several articles, consulting engagements, and more books. Internally, the work of Drucker’s guidance was looked as very critical.
Alongside his stint at General Motors, Drucker simultaneously taught at various educational institutes, like Bennington College from 1942-1949. Thereafter, he served as a professor of management at New York University from 1950 to 1971. Peter moved to California in 1971, where he established one of the America’s first executive MBA programs. This program was for the working professionals at Claremont Graduate University. Drucker then became the Clarke professor of social science and management at Claremont Graduate University. The management school of the university was named as the “Peter F. Drucker Graduate School of Management” to honor him in 1987.
Later Career
In the second half of the twentieth century, Drucker’s ideology proved to accomplish mature business. Apart from serving as the consultant in GM, he had worked with various major corporations like General Electric, Coca-Cola, Citicorp, IBM, and Intel. In spite of his helping corporate executives to taste success, Drucker was alarmed when according to the reports of Fortune 500, the level of CEO’s salary in United States increased to hundreds of times in comparison of that of an average worker. Drucker also served as a consultant for several government agencies and non-profit organizations in United States, Canada and Japan. He was the person who predicted the rise of social sector in United States. His writings focused on relationship between human beings, lessons on how corporation can dig out the best in people and how workers can discover a sense of community and dignity in modern society when surrounded by bigger institutions.

Source : “Biography of Peter Drucker ” www.thefamouspeople.com

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