Walther Rathenau: man of many parts; An industrialist, politician, management thinker and more, Rathenau's intellectual legacy lives on, despite his early and violent death.(History lesson)

European Business Forum | September 22, 2007| | Copyright

For a brief period after the First World War, the German banker and politician Walther Rathenau was one of the world's foremost thinkers on business and society. He invented the concept of the "separation of ownership and control", which became one of the cornerstones of managerial capitalism. Peter Drucker identified Rathenau as one of the three most important influences on his own ideas, along with FW Taylor and the French industrialist and writer Henri Fayol.

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Rathenau was born in Berlin in 1867, into a good middle-class family. His ...

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