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Adequacy is the enemy of excellence.
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
Enemy
Adequacy
Excellence
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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The need to manage oneself is creating a revolution in human affairs.
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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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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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To make a living is no longer enough. Work also has to make a life.
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Organizationally what is required - and evolving - is systems management.
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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 employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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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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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, If we assign this general to lead this base, what do we expect him to accomplish?
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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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The honest work of yesterday has lost its social status, its social esteem.
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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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If you want to predict the future create it.
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