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Peter Drucker's mantras for success
September 24, 2008
Executives owe it to the organisation and to their fellow workers not to tolerate nonperforming individuals in important jobs.
A manager is responsible for the application and performance of knowledge.
Accept the fact that we have to treat almost anybody as a volunteer.
Business, that's easily defined -- it's other people's money.
Few companies that installed computers to reduce the employment of clerks have realised their expectations... They now need more and more expensive clerks even though they call them 'operators' or 'programmers.'
Image: Business means other people's money -- The Hong Kong headquarters of HSBC Holdings; the company heads the Forbes 2000 list of the world's best companies. | Photograph: Peter Parks/AFP/Getty Images
Also read: India's 10 best paid CEOs!
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