Quote

Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.

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
Challenges
Productivity
Knowing
Improving
Understanding
Belong
Knowledge
Lows
Abysmally
Values
Essential
Articulating
Also
Essentials
Addressing
Great
Workers
Strengths
Organization
Organizations

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People who need certainty are unlikely to make good entrepreneurs.
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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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No executive has ever suffered because his subordinates were strong and effective.
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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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The better a man is the more mistakes will he make – for the more new things he will try.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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The concept of profit maximization is, in fact, meaningless.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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What's measured improves
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One does not start with facts. One starts with opinions.
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Nobody can predict the future the idea is to have a firm grasp of the present.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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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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