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No executive has ever suffered because his subordinates were strong and effective.
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
Ever
Executive
Suffered
Executives
Effective
Leadership
Business
Strong
Inspirational
Subordinates
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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One either meets or one works.
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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money we also feel we need to work.
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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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To make a living is no longer enough. Work also has to make a life.
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Leadership is not rank, privileges, title or money. It is responsibility.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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To survive and succeed, every organization will have to turn itself into a change agent
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