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Peter Drucker's mantras for success

September 24, 2008

  • Ask yourself: What would happen if this were not done at all?

  • So much of what we call management consists in making it difficult for people to work.

  • The subordinate's job is not to reform or re-educate 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.

  • Effective leaders check their performance. They write down, ‘What do I hope to achieve if I take on this assignment?' They put away their goals for six months and then come back and check their performance against goals. This way, they find out what they do well and what they do poorly.

  • The individual is the central, rarest, most precious capital resource of our society.

    Image: Effective leaders check their performance -- Former General Electric chairman Jack Welch at the World Business Forum in Frankfurt, Germany. | Photograph: Thomas Lohnes/AFP/Getty Images

    Also read: Investors in IPOs lost over Rs 5,000 cr in 2008
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