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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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
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Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Law
Laid
Church
Catholic
Firsts
Eight
First
Structure
Years
Organization
West
Hundred
Modern
Canon
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Elephants have a hard time adapting. Cockroaches outlive everything.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.
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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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Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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Strong people have strong weaknesses.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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Look upon every obstacle as part payment towards your success.
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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Defending yesterday is far more risky than making tomorrow.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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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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And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.
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