Abstract

The purpose of this article is to argue that the ethical concepts and principles that made Peter Drucker a leading figure in management can be analysed in the terms of the oldest Western worldview, ancient heroism. A description of the salient features of heroism is offered first, followed by an overview of Drucker’s ‘Management by Objectives’ framework. These expositions show that ancient heroism is an important component of MBO and reveal its strengths and weaknesses