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Thursday, November 01, 2007

On Work

Peter Drucker leaves behind a wealth of work that will continue to inspire managers, leaders and entrepreneurs.

"Management is doing things right; leadership is doing the right things."

"Efficiency is doing things right; Effectiveness is doing the right things."


On Work: Focus on opportunities rather than problems. Problem solving prevents damage but exploiting opportunities produces results. Unless there is a true crisis, problems shouldn't even be discussed at management meetings until opportunities have been analysed and dealt with. Exploit change as an opportunity, and don't view it as a threat.

On Making Decisions: Every decision is risky; it is a commitment of present resources to an unknown future. Risks can be minimized if you know when a decision is necessary, how to clearly define a problem and tackle it directly, and that you'll have to make compromises in the end. You haven't made a decision until you've found a way to implement it.
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