Management pundits or management gurus are considered to be the most influencing figures in leading the greatest innovations and business ideas in the economic and entrepreneurial history of the world ever since we entered the age of industrial society. We are introducing here some of the most influential management gurus of twentieth century whose thinking capacity and thought provoking contribution in the modern business and economy is worth learning for the management students of any discipline.
Gary Hamel is the visiting professor at London Business School and founder of Strategos, an international consulting firm at Chicago. He is best known for his widely acclaimed books like Competing for the Future, Leading the Revolution and The Future of Management. The first one is co-authored by another most influential management guru of twentieth century, C.K. Prahalad. His thinking in regard to the evolution of management principles and strategies has greatly influenced the modern business practices.
Michael E Porter
This Harvard Business School Professor is considered as the father of corporate strategy and his ‘five forces framework’ theory is taught in every business school of the world. As an author of 18 books and more than 100 articles he is one of the greatest management gurus of twentieth century.
He is the former faculty member of Stanford School of Business and best known for his books, Build to Last: Successful Habits of Visionary Companies, Good to Great and How the Mighty Fall: How Some Companies Never Give In. His writing on the management practice that set apart some great companies in the face of challenges is crucial to the later development of management thinking and strategies.
Any history of management theory and practice is simply impossible without mentioning this most influential management guru of twentieth century. His unarguable position as the greatest management theorists of the past century solely rests on his out of the box thinking which is explained in his famous rejection of facts as the guiding point for the process of decision making and his uniqueness is visible throughout the works he produced in books, lectures and articles.
The most influential management gurus of twentieth century can be a great starting point in the learning and education of management principles, strategies and evolving practices.
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