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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.
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
Development
Levels
Learning
Institution
Stop
Enterprise
Must
Institutions
Every
Training
Never
Built
Teaching
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The honest work of yesterday has lost its social status, its social esteem.
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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.
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Every success creates new opportunities. So does every failure.
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Do the right things instead of trying to do everything right.
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The best plan is only a plan... unless it degerates into work.
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We know nothing about motivation. All we can do is write books about it.
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The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
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The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
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Without institution there is no management. But without management there is no institution.
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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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The true business of every company is to make and keep customers.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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All good strategy eventually degenerates into work.
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No one learns as much about a subject as one who is forced to teach it.
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Of those things that would make a difference, which are right for me?
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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