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Quote #1,792

"Business, that's easily defined - it's other people's money." — Peter Drucker

Business, that's easily defined - it's other people's money.
Peter Drucker
Peter Drucker Businessman • American
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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.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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If analysis shows that someone's brilliant work fails again and again as soon as cooperation from others is required, it probably indicates a lack of courtesy - that is, a lack of manners.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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