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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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
Management
Founded
Busy
Strain
Growth
Capability
Outgrow
Grows
Incredibly
Facilities
Business
Puts
Capabilities
Persons
Production
Rapid
Person
Productions
Rapids
Enormous
Facility
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Mission defines strategy, and strategy defines structure.
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What gets measured gets managed.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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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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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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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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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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The key to greatness is to look for people's potential and spend time developing it.
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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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