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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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
Efficiency
Inspiring
Right
Work
Things
Productivity
Irrelevant
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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The key to greatness is to look for people's potential and spend time developing it.
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The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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The best way to predict the future is to create it.
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One cannot manage change. One can only be ahead of it.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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Follow effective action with quiet reflection.
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One does not manage people. The task is to lead people.
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As to the idea that advertising motivates people, remember the Edsel.
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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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As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
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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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Do the right things instead of trying to do everything right.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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