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Decision making is the specific executive task.
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
Task
Tasks
Decision
Making
Executive
Executives
Specific
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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Do the right things instead of trying to do everything right.
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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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Elephants have a hard time adapting. Cockroaches outlive everything.
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If you want to predict the future create it.
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Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
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The key to greatness is to look for people's potential and spend time developing it.
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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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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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One does not start with facts. One starts with opinions.
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Strong people have strong weaknesses.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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Keep your eye on the task, not on yourself. The task matters, and you are a servant
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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