« US Economy to Grow Moderately Over Second Half | Main | Herb Kelleher: The Method Behind His Madness - 102 »

Jul18
The Wisdom Of Peter Drucker - 10

What is done, and how is largely determined by what outsiders want and need. It is largely determined by "discipline" ... of the marketplace.


When Drucker said "discipline" ... of the marketplace above, he meant that the marketplace disciplines us to perform how they want us to, not how we want to perform.

A business will only exist and survive as long as it serves something outside itself. If it serves itself, it will die a slow death, if it gets started successfully at all.

We've seen a lot of demagogues in our day try to turn this around. The idea of all these things that are created to passify and allegedly retain great employees is in many cases a farce. There will be no employees or business if we don't exist to serve the market we've been created for.

Our customers, whether businesses or consumers, want one thing, and that's to receive the promise of what our business exists for. The rest, in the end, is irrelevant to them. That's the beginning and end of why they do business with us.

Peter%20Drucker%20stay%20focused%20on%20your%20purpose.jpg

Now with that in mind, there can be other things that create good will and make people think of the business in a certain way. But if we don't have our purpose straightened out and execute what we promise, the business will fall by the wayside and we'll wonder what happened.

It's not what we want, it's what our customers want that matter. Those obsessed with self-need and wants, rather than serving others, will find themselves struggling to grow or survive.

The vast majority of our attention must be on our market alone. Those who do this best will win, as numerous people and organizations attempt to shame businesses into taking focus off what really matters and they're good at, to things they're not equipped for.

We must stay focused on why our business exists and what our market wants us to do for them. Anything else sends us down the wrong road, no matter how noble it may sound.

Other Peter Drucker Resources:

Peter Drucker

Quotes from Peter Drucker

Leader to Leader

Peter Drucker Archives

Peter Drucker On Leadership

The Man Who Invented Management

Beyond the Information Revolution

Remember to Sign up for my feed, bizzbite and digg this!

Sponsored link: The outsourcing every manager requires - Tampa Locksmith


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« US Economy to Grow Moderately Over Second Half | Main | Herb Kelleher: The Method Behind His Madness - 102 »

Advertise

Related Resources

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    My site was nominated for Best Business Blog!

    I'm a C-list Blogebrity

    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    Know More Media - Management / Operations

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    ManagersRealm is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb