We were all saddened by Peter Drucker’s passing. His ideas on modern management most certainly transcended his time. It’s amazing how much work is left to be done with his ideas on spawning innovation and entrepreneurship. He was so GAI.
I love this (CNN 11/11/2005):
“Drucker was considered a management visionary for his recognition that dedicated employees are key to the success of any corporation, and marketing and innovation should come before worries about finances.”
It’s amazing how many leader of companies like MCI, Enron, Adelphia, Tyco etc. put finance as an instrument to feed greed instead of the company’s future. Focus on finance (a tool with limits) instead of creativity/innovation (a process without limits) and the “C” in creative turns to corruption.
I love this:
‘Disgusting spectacle’
“The last two years were just too disgusting a spectacle,” Drucker said. “Pigs gorging themselves at the trough are always a disgusting spectacle, and you know it won’t last long.”
Drucker termed Wall Street brokers “a totally non-productive crowd which is out for a lot of easy money.”
“When you reach the point where the traders make more money than investors, you know it’s not going to last.”
Can’t agree more.
Be GAI – read some Peter Drucker.
Jay