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Efficiency is doing better what is already being done.
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
Productivity
Efficiency
Already
Better
Done
Teammate
Effectiveness
Teamwork
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No one learns as much about a subject as one who is forced to teach it.
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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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What's measured improves
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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Don't try to innovate for the future. Innovate for the present!
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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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A manager is responsible for the application and performance of knowledge.
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Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'
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All companies are service companies some also manufacture products.
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Every organization has to prepare for the abandonment of everything it does.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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