The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
Interpretation
Efficient production requires centralized management of various activities.
This quote by Peter Drucker emphasizes the importance of coordination and integration in the production process. By consolidating different tasks and managing them under a single umbrella, organizations can streamline operations, reduce inefficiencies, and enhance productivity, ultimately leading to better results in producing goods or services.
In practice
In a business presentation about optimizing production processes.
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.
Our model is to develop each business separately with its own shareholder and management - this way we can concentrate on the job in hand, rather than be part of some enormous and faceless conglomerate.
If your startup is only in the development or idea stage, there is almost no better predictor of failure - I mean, utter failure, scorched-earth bankruptcy - than raising too much money in the first round.
Social media requires that business leaders start thinking like small-town shop owners. This means taking the long view and avoiding short-term benchmarks to gauge progress. It means allowing the personality, heart and soul of the people who run all levels of the business to show.
It is difficult, but not impossible, to conduct strictly honest business.
Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.
Industry is the soul of business and the keystone of prosperity.
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