“Doing the right thing is more important than doing the thing right.”Peter Drucker famously said that “The best way to predict the future is to create it”.The most important thing in communication is to hear what isn't being said.
Who first said what gets measured gets managed : guru Peter Drucker
You've probably heard the saying, “What gets measured gets done.” It comes from the management guru Peter Drucker who actually said “What gets measured gets managed” the basic tenet is that if you're measuring something then the probability of you acting on the information you now have is a lot higher.
What is Peter Drucker theory
Drucker came up with the SMART system for companies to set goals that are specific, measurable, achievable, realistic, and time-related. In the Peter Drucker Management Theory , Drucker argued that customers should be highly valued, and servicing their interests will make a business profitable.
What are the 7 principles of management Peter Drucker : 7 Business Lessons from Peter Drucker Every CEO Must Follow
- Be mission-driven.
- Be effective – not efficient.
- To grow faster – put your best people on your best opportunities.
- Focus on opportunities, not problems.
- Know the power of “planned abandonment”.
- Focus on the Customer.
- "What gets measured, gets managed."
He believed in the empowerment of employees and treated employees as assets. He predicted the usage of computers and conversion from manual workers into knowledge workers. He predicted the rise of Japan as an industrial power. Ford Motor Company successfully implemented his ideas after World War II.
In The Essential Drucker by Peter Drucker, management is defined as the practice of enabling groups of people with different knowledge, skills, and backgrounds to work together toward a common goal. This goal is often the company's mission that either you or a higher-up is responsible for creating.
What did Peter Drucker argue
Drucker believed the only way to prevent a second coming of fascism was to create a “functioning society,” the cornerstone of which, he said, was strong institutions – including corporations, which he believed had a duty to be as virtuous as they were profitable.The best way to predict the future is to create it. There is nothing so useless as doing efficiently that which should not be done at all. The most important thing in communication is hearing what isn't said."What gets measured gets done, what gets measured and fed back gets done well, what gets rewarded gets repeated." "When dealing with numerical data, approximately right is better than precisely wrong." "Without a standard there is no logical basis for making a decision or taking action." "You get what you measure.
Specific, Measurable, Assignable, Realistic, Time Related
SMART criteria are commonly attributed to Peter Drucker's management by objectives concept. The principal advantage of SMART objectives is that they are easier to understand and to know when they have been done.
What did Peter Drucker believe in : He believed that a successful manager needs to understand subjects like psychology, science, and religion, and be guided by ethical and moral principles. Drucker encouraged creative rather than bureaucratic management and insisted that managers should, above all else, be leaders.
What is the Peter principle of Drucker : The Peter Principle refers to an employee being promoted for their performance in their current role, rather than the capabilities required for the promotion. According to the Peter Principle, people tend to be promoted until they rise to “their level of incompetence.”
What is the most famous quote ever said
Best Quotes by Famous People
- 1. “ Imagination is more important than knowledge.” – Albert Einstein.
- 2. “
- 3. “
- “I have a dream.” – Martin Luther King Jr.
- 5. “
- 6. “
- “Injustice anywhere is a threat to justice everywhere.” – Martin Luther King Jr.
- 8. “
Famous quotes in English
| Quote | Who | Language |
|---|---|---|
| That's one small step for a man, a giant leap for mankind. | Neil Armstrong | English |
| The love of money is the root of all evil. | the Bible | Greek |
| The only thing we have to fear is fear itself. | Franklin D. Roosevelt | English |
| The truth will set you free. | the Bible | Greek |
Drucker saw that a company's primary responsibility is to create value for its customers. The corporation must do many other things as well—create great workplaces, and do right by partners, society, the environment, and shareholders. But customers must come first: the customer is the boss.
What are the criticisms of Peter Drucker : Others suggest that his theories, while innovative during their time, may not fully apply to the modern, rapidly changing business environment. Additionally, some critics point out that Drucker's theories often assume a level of rationality and predictability in business that may not always exist.