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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
Peter Drucker
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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Decision
Tolerate
Responsibility
Executives
Individual
Fellow
Jobs
Fellows
Important
Individuals
Management
Workers
Organization
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A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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Don't try to innovate for the future. Innovate for the present!
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Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.
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Nothing is less productive than to make more efficient what should not be done at all.
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Entrepreneurship is neither a science nor an art. It is a practice.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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Leadership is not rank, privileges, title or money. It is responsibility.
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There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
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Strong people have strong weaknesses.
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We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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No one has ever failed to find the facts they are looking for.
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Follow effective action with quiet reflection.
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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