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Defending yesterday is far more risky than making tomorrow.
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
Tomorrow
Making
Risky
Defending
Yesterday
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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Every single social and global issue of our day is a business opportunity in disguise.
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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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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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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
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Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.
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To make the future demands courage. It demands work. But it also demands faith.
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Organizationally what is required - and evolving - is systems management.
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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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