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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
Tasks
Decision
Making
Executive
Executives
Specific
Task
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Nothing is less productive than to make more efficient what should not be done at all.
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Accept the fact that we have to treat almost anybody as a volunteer.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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Adequacy is the enemy of excellence.
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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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Trust is congruence between what you say and what you do.
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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Universities won't survive. The future is outside the traditional campus, outside the traditional classroom. Distance learning is coming on fast.
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Leadership is not rank, privileges, title or money. It is responsibility.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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The only things that evolve by themselves in an organization are disorder, friction and malperformance.
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