Irony in guru's death on day GM does a deal - by David Nason, The Australian
Even so, Drucker's most important work -- and his most spectacular predictions -- were in the area of worker-management relations. In the 1960s, he predicted the decline of trade unions and wrote of an economic evolution that would see 'knowledge workers' become fundamental to business success. In 2005, few corporate chiefs would argue with that.
Drucker also called on management to regard workers not as a cost but as a resource. He said bigger profits would flow from treating and paying workers decently and from delegation of authority within the workplace.