Father of KPI and the dashboards that track them. A major inspiration for the KPI Framework that we have today.
Nov. 19, 1909 – Nov. 11 2005 (aged 95)
Management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.
Henry Laurence Gantt Medal (1959)
Austrian Cross of Honour for Science and Art, 1st class (1991)
Presidential Medal of Freedom (2002)
In 2005, Peter Drucker was celebrated by BusinessWeek magazine as “the man who invented management.” Drucker spent his career advising management within a variety of companies, nonprofits, and government agencies. His life work was not motivated by success in business but rather in trying to create what he termed “a functioning society.”
Born in Vienna, Austria, Peter Drucker, began his formal consulting practice where he worked with major institutions like Sears, Roebuck, and IBM. Peter Drucker could be considered the father of KPI and the dashboards that track them. Drucker spent his life exploring the way human beings organized themselves and how they interact. As a writer, professor, management consultant, and self-described “social ecologist,” he contributed a lot to society and how businesses are managed today. He said “A strategy without metrics is just a wish. And metrics that are not aligned with strategic objectives are a waste of time.” Not until the late 1990s did his concepts associated with key performance indicators (KPI) and the introduction of Robert S. Kaplan and David P. Norton’s Balanced Scorecard really allow for KPI Dashboards to become popular. Today, the use of dashboards has become an important part of business success and management decisions.
More in Peter Drucker: https://www.drucker.institute/perspective/about-peter-drucker/
Life of Peter Drucker: https://en.wikipedia.org/wiki/Peter_Drucker