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've said it for four decades - work 'on' your business, not just 'in' your business!
Positive and engaged brains are a company's greatest assets. More than time and even more than productivity, people must be happy.
If one engineer at a startup tries Slack and says, 'I hate it. I am not going to use this,' that's it for us. We won't get evaluated.
Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.
If you can shape your business life or your working life, you can just look at it as another extension - you just fulfill all your values as a human being in the work place. If you are an activist, you bring the activism of your life into your business, or if you love creative art, you can bring that in.
When looking at trends I always ask myself basic and timeless questions about business, and the one I seem to always come back to is, 'How is this different than anything else in the marketplace?'
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