The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
Interpretation
This quote emphasizes the importance of partnerships in modern corporate culture.
Peter Drucker highlights the significant shift in corporate culture towards fostering relationships based on partnerships rather than traditional hierarchical structures. This change underlines the value of collaboration and cooperation in achieving success in business, suggesting that building strong relationships is essential for navigating the complexities of the modern business landscape.
In practice
In a business meeting discussing strategies for the upcoming project.
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.
Simply put: we don't build services to make money; we make money to build better services.
I suppose Virgin is an unusual brand in that I suspect we're the only 'way of life' brand in the world. We're one of maybe the top 30 best known brands in the world, yet if you look at the other 29, they all specialize in one area. Whether it's Google, Coca-Cola, Microsoft, etc., they all generally specialize in one area.
Business today consists in persuading crowds.
Business is what concerns us. If you care about something enough to do something about it, you're in business
My concern is that we live in an economy in which stabbing someone and waiting for them to complain before we remove the knife has become the normal way of doing business. When did we lose sight of the fact that it's not nice to stab people in the first place?
Almost all decisions based on cost accounting are utterly wrong.
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