The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all.
Interpretation
What this quote means
Strategic management requires deep analytical thinking and resource commitment, going beyond mere quantification.
Peter Drucker emphasizes that strategic management is more than just a collection of techniques and tricks; it involves careful analytical thinking and the dedicated allocation of resources to engage in actionable plans. He highlights the importance of recognizing that some critical aspects of strategic management cannot be measured quantitatively, underscoring the nuanced and complex nature of effective planning in business.
Themes
Strategic ManagementAnalytical ThinkingPlanningResourcesCommitment
In practice
Example use cases
In a leadership workshop, we can discuss how Peter Drucker's insights on strategic management apply to effective team planning.
More from Peter Drucker
All quotes βIn the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
Peter DruckerRead
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.
Peter DruckerRead
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.
Peter DruckerRead
Unless commitment is made, there are only promises and hopes... but no plans.
Peter DruckerRead
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.
Peter DruckerRead
Similar quotes
When you are in business for a long time, you go through good times and bad times. When you go through bad times, you learn to control costs, satisfy customers better, satisfy employees better and become more transparent. Therefore, you build character in the company.
N. R. Narayana MurthyRead
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption.
Clayton M. ChristensenRead
If I only had two dollars left I would spend one dollar on PR.
Bill GatesRead
If you don't drive your business, you will be driven out of business.
B. C. ForbesRead
I am still looking for the modern equivalent of those Quakers who ran successful businesses and made money because they offered honest products and treated their people decently . . . This business creed, sadly, seems long forgotten.
Anita RoddickRead
You say: "I'm a blue sky thinker." Investor thinks: "You have no business model, and you don't know how to ship."
Guy KawasakiRead