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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.
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
Causes
Adequate
Purpose
Frustration
Business
Mission
Given
Rarely
Thought
Missions
Important
Failure
Cause
Perhaps
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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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We know nothing about motivation. All we can do is write books about it.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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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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Plans are worthless, but planning is invaluable.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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When a resource is scarce, you increase its yield.
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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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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 most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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The days of the 'intuitive' manager are numbered.
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There's an enormous number of managers who have retired on the job.
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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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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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