Drucker on social sector For most of his

Drucker on social sector For most of his career, Peter F. Drucker was renowned as an expert on business management, whose books and articles were widely read, and advice widely sought, by corporate leaders throughout the world. But late in his life, he turned his attention to the nonprofit world, writing a best-selling guide to running charitable groups and creating a foundation bearing his name to strengthen leadership in what he called the "social sector. "

u On the verge of being expelled because of his writings, he moved to London and then to the United States, where he published his first book, The End of Economic Man: The Origins of Totalitarianism. Its theme, which would form the cornerstone of his thinking for the rest of his career, was that the rise of fascism reflected the hollowness of the old commercial order.

u Capitalism, he argued, was good at producing economic development, but its “failure to establish equality by economic freedom” undermined its legitimacy as a social system. In its place, the public rushed toward what Mr. Drucker saw as the “bankrupt” ideology of socialism, in both its German and Russian varieties, hoping for more satisfying results.

u Non profits need management even more than business does, precisely because they lack the discipline of bottom-line. u Non-profits are dedicated to “doing good”