Saturday, November 12, 2005

Peter Drucker

The New York Times brought news this morning of Peter Drucker's death yesterday at age 95. A classic business theoretician and thinker, Drucker was an inspiration. I still open "The Essential Drucker" from time to time to a random page and soak up something worthwhile.

Click on the link to read the Times's obit and learn more about the master's work.

From the Times article: "Among the sayings of Chairman Peter"...
¶"Marketing is a fashionable term. The sales manager becomes a marketing vice president. But a gravedigger is still a gravedigger even when it is called a mortician - only the price of the burial goes up."

¶"One either meets or one works."

¶"The only things that evolve by themselves in an organization are disorder, friction and malperformance."

¶"Stock option plans reward the executive for doing the wrong thing. Instead of asking, 'Are we making the right decision?' he asks, 'How did we close today?' It is encouragement to loot the corporation."

1 Comments:

Blogger Mark Burris - BURRIS said...

Bill Bryant of Bryant Marketing Communications added a great Druckerism to the several on the original post:

“You don’t have to do this. Survival is not compulsory.”

3:55 PM  

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