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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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
Men
Strengths
People
Weaknesses
Weakness
Position
Focus
Vision
Managerial
Rather
Focuses
Never
Appointed
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Vision without execution is delusion. The joy is in the results
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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.
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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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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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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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