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Peter Drucker's mantras for success
September 24, 2008
Innovation is the specific instrument of entrepreneurship... the act that endows resources with a new capacity to create wealth.
Once a year ask the boss, 'What do I or my people do that helps you to do your job?' and 'What do I or my people do that hampers you?'
Great leaders find out whether they picked the truly important things to do. I've seen a great many people who are exceedingly good at execution, but exceedingly poor at picking the important things. They are magnificent at getting the unimportant things done. They have an impressive record of achievement on trivial matters.
How does one display integrity? 'By asking, especially when taking on office: What is the foremost need of the institution—and therefore my first task and duty?'
Ask yourself: What major change in the economy, market or knowledge would enable our company to conduct business the way we really would like to do it, the way we would really obtain economic results?
Image: Innovation is an instrument of entrepreneurship -- The Apple iPhone
Also read: The world's most and least corrupt nations
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