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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
Adequacy
Excellence
Enemy
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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Our society has become an employee society.
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A manager is responsible for the application and performance of knowledge.
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Plans are worthless, but planning is invaluable.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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The honest work of yesterday has lost its social status, its social esteem.
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Working with people is difficult, but not impossible.
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No executive has ever suffered because his subordinates were strong and effective.
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All companies are service companies some also manufacture products.
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For new technology to replace old, it has to have at least ten times the benefit.
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Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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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 ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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Do the right things instead of trying to do everything right.
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