MGTU 301 BU The Purpose of Every Entrepreneur Essay

Peter Drucker is considered the leading management thinker of the last century. He wrote 40 books on management, including several when he was in his 90s. He coined or developed many fundamental management concepts (or their precursor ideas) that we take for granted today—the knowledge worker, management by objectives, outsourcing, and many others. The management guru Peter Drucker framed his consulting advice around five critical questions. With the answers to these five questions, you could run and grow your business. In this paper, you will refer to Drucker’s 5 questions to analyze current or future/potential business opportunities.

Prepare and submit 3-4 page paper that briefly describes Drucker’s five questions, defines and applies each of the five questions to a real organizational situation, and reflects on insights gained. A well-constructed paper will reference 3 or more scholarly sources including at least 1 journal article such as those assigned and retrieved from Brandman’s virtual library, and adhere to APA standards.

Introduction/ Description

In no more than one page, describe the *business (can be current, past or future) that you will apply Druker’s 5 questions to. In the description, position yourself as the leader, and give a good summary of the organization.

*examples of businesses that you might consider for this assignment:

Current place of work

Future place of work

Dream job

Church groups

Sports teams

Special projects for school

Neighborhood groups or organizations

Ad-hoc committees

Board memberships

Clubs (i.e Book Club, Running Club)

Social groups

Application

Analyze the business through the lens of each of Drucker’s 5 questions, providing explicit and direct links as they relate to the situation.

Reflective Analysis

Finally, reflect on your learning by describing specific insights you learned from this assignment, and identifying two specific actions you will take to enhance your leadership or management practice. In your reflection, describe what surprised you, and how your thinking and/or behavior changed.

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