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.
I don't think a true company - one that builds sustainable value - can ever only exist online or remotely.
If Vancouver did not succeed as Starbucks from '87 on, our entire international business, which is now thousands of stores and a significant amount of growth and profit, may not have existed.
To make a pleasant and friendly impression is not alone good manners, but equally good business.
He that would run his company on visible figures alone will in time have neither company nor figures.
Part of company culture is path-dependent - it's the lessons you learn along the way.
In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.
Subscribe for the occasional hand-picked quote. No noise.