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date: 26 February 2020

Abstract and Keywords

This chapter considers the emergence in 1954 and the evolution of Peter F. Drucker’s Management by Objectives—MbO—into what he termed a principle of management. It sets down its purpose, which is the integration of all management functions. Recorded is the involvement and cooperation with Drucker, by the Englishman John Humble who complimented Drucker’s conceptual work by producing operational books. The rise and then the apparent fall and disappearance of MbO is challenged as evidence is provided that it has been amalgamated with Quality Management and become the Japanese evolved method of management Hoshin Kanri, which is being applied by many international businesses.

Keywords: Peter F. Drucker, MbO, John Humble, Hoshin Kanri, international business

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