(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
Peter DruckerMost people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
Peter DruckerWith Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.
Peter DruckerThe effective executive knows that it is easier to raise the performance of one leader than it is to raise the performance of a whole mass. She therefore makes sure she puts into the leadership position, into the standard-setting, the performance-making position the person who has the strength to do the outstanding pacesetting job. This always requires focus on the one strength of a person and dismissal of weaknesses as irrelevant unless they hamper the full deployment of the available strength.
Peter Drucker