The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
Efficiency is doing better what is already being done.
Interpretation
Efficiency emphasizes improving existing processes to achieve better results.
In this quote, Peter Drucker highlights the importance of efficiency in work and productivity. It suggests that true effectiveness lies not just in the completion of tasks, but in refining and enhancing the methods we use to accomplish them, leading to better outcomes and greater success.
In practice
In a business meeting discussing performance improvements, one might say, 'As Peter Drucker noted, efficiency is doing better what is already being done.'
The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
The basic economic resource - the means of production -_x000D_ _x000D_ is no longer capital, nor natural resources, nor labor._x000D_ _x000D_ It is and will be knowledge.
Unless commitment is made, there are only promises and hopes... but no plans.
The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid.
God gave me my money. I believe the power to make money is a gift from God . to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money I make for the good of my fellow man according to the dictates of my conscience.
It is not the style of clothes one wears, neither the kind of automobile one drives, nor the amount of money one has in the bank, that counts. These mean nothing. It is simply service that measures success.
The best social reform program in the world is a job.
Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool β remove one and the stool will fall, together with the person who sits on it.
I felt rich when I was 20 years old and my wife was paying my bills. Just being in a band, I've always felt blessed.
To succeed in business it is necessary to make others see things as you see them.
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