Showing posts with label Peter Drucker. Show all posts
Showing posts with label Peter Drucker. Show all posts

Thursday, June 20, 2013

Peter Drucker


Managing the Nonprofit Organization has been my introduction to Peter Drucker's body of work, and I must say I am impressed.  Before I knew who he was, I was skeptical of his near universal acclaim as a great business thinker.  His great popularity led me to believe that he was some type A alpha-male businessman celebrity.  But I was wrong.  Drucker isn't a celebrity in the traditional sense.  He's not good looking or cocky.  He's one of the most genuine writers in the business-lit. field I've ever read.  Wise, softspoken and old-fashioned come to mind.  He skillfully mixes exposition on his theories of management with historical examples, personal anecdotes, old proverbs.  The result is clear, practical no-nonsense business wisdom.

Here are a handful of the takeaways I got from this book:

  • Raise standards, and you not only have better performance and attract more people
    • "What attracts people to an organization are high standards, because high standards create self-respect and pride...it is the job of the leader to set high standards"
  • To operate effectively, non-profits must frame moral causes in economic terms
    • "to believe that whatever we do is a moral cause, and should be pursued whether there are results or not, is a perennial temptation...[however] the nonprofit must set specific goals"
  • Good executives make only as many decisions as they have to, and no more
    • "the least effective decision makers are the ones who constantly make decisions"
  • Always test new ideas.
    • "At the full scale, even tiny and easily correctible flaws will destroy the innovation"
  • Reward people for their performance, not their potential.  No "crown princes"
    • "the worst thing an organization can do is limit its development is by importing society's class system into its own operations"
  • Set high standards, even it requires people fail before they succeed
    •  "One can always relax standards, but one can never raise them."
  • Inspiration flows top down
    • [giving advice to new teachers] "Make sure you don't lose the top 10% of the class.  If you lose those, you've lost everybody.  But if the top 10% are excited and learn, the average student will learn"