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The book B-school students must read
July 11, 2005
usiness education need not be driven by specialisations of finance, marketing and so on, according to T T Ram Mohan, a professor of finance and accounting at the IIM-A, and author of Privatisation in India: Challenging Economic Orthodoxy.
If there's a single book you recommend that all business school students read right now, which would it be?
Peter F Drucker's book -- Management: Tasks And Practice.
And why Drucker?
Once you get into a B-school, you get to study various specialised aspects of management -- like finance, human resources and marketing, among others. But you do not get a holistic view of the business enterprise as an entity. In B-school, you study in pieces, and they do not teach you how it reaches society at large. One needs a wider perspective.
Is this book not taught at B-schools?
The irony is that you study two years in a B-school, and they do not teach you anything written by Drucker, the father of management. One could also read The Principles Of Management, which is a concise version of the same book and is good enough to read.
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