Developing a work approach that is adequate to the challenges ahead
a world moving toward new and different futureS
Concept of the Corporation
by Peter Drucker
Introduction, prefaces, and epilogue (link)
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Introduction To The Transaction Edition
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Preface To The 1983 Edition
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Preface To The Original Edition (1946)
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Capitalism In One Country
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Capitalism in one country
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The profit motive
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Big business
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The large corporation as autonomous
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Its function in society
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Can the two be harmonized?
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Idealism and pragmatism, both leading to totalitarianism
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The Corporation As Human Effort
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Organization for Production
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Experience in the war
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The problem of leadership
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Recruiting and training
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Specialists and "generalists"
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Policy and initiative
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A yardstick of efficiency
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Decentralization
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General Motors' policies
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Line and staff
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An essay in federalism
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Central and divisional management
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Service staffs
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Bonuses
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The "Sloan meetings"
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Freedom and order
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Base pricing
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Competition in the market
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How Well Does It Work?
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The conversion to war production
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Reconversion to peacetime work
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Isolation of the top executives
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Customer relations
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Dealer relations
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Community relations
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General public relations
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The Small Business Partner
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New-car sales and the used-car market
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The dealer's franchise
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Loans to dealers
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Decentralization as a Model?
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Decentralization for other industries
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The Fisher Body Division
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Chevrolet
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The competitive market check
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The production of leaders
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The Corporation As A Social Institution
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The American Beliefs
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Equal opportunity
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Uniqueness of the individual
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"Middleclass" society
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Are opportunities shrinking?
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Emphasis on education
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Dignity and status in industrial society
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Assembly-line "monotony"
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The failure of paternalism
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Can the unions do it?
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The Foreman: The Industrial Middle Class
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The foreman
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His opportunities
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The "forgotten man"
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The drive to unionize foremen
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The Worker
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The worker's industrial citizenship
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Training
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The plant community
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Lessons of the war
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Flexibility of mass production
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The worker's pride and interest
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Inventiveness
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"Social gadgeteering"
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Suggestion plans
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Plant services
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The wage issue
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The strike against General Motors
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Profits, pricing, and wages
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The annual wage
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Collectivism not the answer
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Worker's participation in management
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Economic Policy In An Industrial Society
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The "Curse of Bigness"
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Society's stake in corporation policy
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Monopoly
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The old theories
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Supply and demand
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Efforts to regulate
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The "curse of bigness"
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Economics and technological necessity
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General Motors service staffs
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Policy-making and long-term interests
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Social stability
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Production for "Use" or for "Profit"?
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Risks
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Expansion
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Capital requirements
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The profit motive
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"Creative instincts"
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The lust for power
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The market theory
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Price
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Economic wants
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"Economic planning"
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Social needs
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The market as yardstick
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Individual wants
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The socialist counterargument
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Self-interest
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Is Full Employment Possible?
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Depressions
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The business cycle
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Public works programs
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The challenge to business leaders
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The calendar year strait jacket
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Cyclical taxes
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Reserves for employment funds
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Unemployment insurance
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Union wage policies
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Capital for new ventures
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Economic policy for a free-enterprise society
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The threat of total war
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Epilogue (1983)
Flash forward to the management revolution
See My Years with General Motors (Alfred Sloan)
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