The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
Peter DruckerThere's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
Peter DruckerEverybody 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.
Peter DruckerA fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
Peter DruckerFew relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.
Peter DruckerThere is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
Peter Drucker