The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.
Interpretation
The relationship between businesses and government is vital for success, and managers must nurture this connection.
Peter Drucker's quote emphasizes the importance of maintaining strong relationships between businesses and government entities. Managers have a key role in managing this relationship, as it significantly impacts the business's social responsibilities and operational success. The effectiveness of these interactions can influence how businesses are perceived and what they can achieve within society.
In practice
In a business seminar discussing corporate responsibility, this quote can highlight the importance of government relations.
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.
Pretty much, Apple and Dell are the only ones in this industry making money. They make it by being Wal-Mart. We make it by innovation.
There's a fundamental distinction between strategy and operational effectiveness.
Business is what concerns us. If you care about something enough to do something about it, you're in business
No one knows the cost of a defective product - don't tell me you do. You know the cost of replacing it, but not the cost of a dissatisfied customer.
If a company is profitable, the founder is in control. If it's not, investors are in control.
Virtually every company will be going out and empowering their workers with a certain set of tools, and the big difference in how much value is received from that will be how much the company steps back and really thinks through their business processes, thinking through how their business can change, how their project management, their customer feedback, their planning cycles can be quite different than they ever were before.
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