« U.S. Jobs Drop by 17 Percent, First Loss in Over 4 Years | Main | Exxon Mobil Breaks Record for Quarterly, Annual Profits by U.S. Company »

Feb 1
The Wisdom Of Peter Drucker -41

"Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake."


Peter Drucker was absolutely correct here, and it is something still practiced and assumed in much of the business world.

The very best companies understand that tens of thousands of decisions are being made daily all across their companies, and it's not the higher up decisions that are necessarily the ones that make a company great.

Even in small one-owner businesses there can be hundreds of decisions made daily that can be the difference between long-term failure or success.

The key is to have the company set up entrepreneurally, so that there is ownership across the board. That means everyone has access to whatever information there is to do their jobs, and are given the go ahead to make decisions that will take care of the problem on the spot.

Peter%20Drucker%20%20don%27t%20assume%20decisions%20made%20are%20only%20by%20executives%20in%20company.jpg

What is dangerous is excluding our people from decision-making, or neglecting that they will make a decision one way or the other. The key is to have them immersed in our vision and purpose, while understanding the culture we represent, if they have that down, and understand the basic parameters everyone should be operating under, decisions being made should be safe.

It when the foundation isn't laid within someone that tremendous problems can arise.

Drucker's right though, the assumption that effective decisions are only made at high levels is a dangerous mistake.

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

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

« U.S. Jobs Drop by 17 Percent, First Loss in Over 4 Years | Main | Exxon Mobil Breaks Record for Quarterly, Annual Profits by U.S. Company »

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