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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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
Waste
Accounting
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Mba
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More quotes by Peter Drucker
The need to manage oneself is creating a revolution in human affairs.
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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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We do not need more laws . No country suffers from a shortage of laws. We need a new model .
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It's amazing how many things busy people are doing that never will be missed.
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The honest work of yesterday has lost its social status, its social esteem.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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Our most important education system is in the employees' own organization.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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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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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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The days of the 'intuitive' manager are numbered.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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The large organization has to learn to innovate, or it won't survive.
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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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