Financial "synergy" is a will-o'-the-wisp.It looks good on paper, but it fails to work out in practice. Peter Drucker More Quotes by Peter Drucker More Quotes From Peter Drucker Leadership is an achievement of trust. Peter Drucker achievement Vision without execution is delusion. The joy is in the results Peter Drucker execution vision joy Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing. Peter Drucker entrepreneurship entrepreneur knows 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. Peter Drucker organization purpose names The concept of profit maximization is, in fact, meaningless. Peter Drucker concepts profit facts To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order. Peter Drucker titles office order The worker's effectiveness is determined largely by the way he is being managed. Peter Drucker effectiveness determined way Results is all that separates one company from another. Peter Drucker company results The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual. Peter Drucker jobs book school We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny. Peter Drucker anarchy disappear alternatives Technology is not about tools, it deals with how Man works. Peter Drucker technology tools men Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant. Peter Drucker weakness tasks people Leadership is not rank, privileges, title or money. It is responsibility. Peter Drucker titles privilege responsibility Large organizations cannot be versatile. A large organization is effective through its mass rather than through its agility. Fleas can jump many times their own height, but not an elephant. Peter Drucker agility elephants organization In most organizations, the bottleneck is at the top of the bottle. Peter Drucker bottlenecks bottles organization 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. Peter Drucker skills decision firsts [Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment. Peter Drucker entrepreneurship judgment mean Information is the manager's main tool, indeed the manager's capital, and it is he who must decide what information he needs and how to use it. Peter Drucker library tools needs Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy. Peter Drucker progress guarantees opportunity Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?' Peter Drucker differences leader successful
