A Quote by Peter Drucker

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results.

Peter Drucker

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Actual Allocation Analysis Areas Attention Bulk Business Clearly Direct Economically Efforts Even Ever Every Extraordinarily First Goes Impact Job Made Manager Minimal Money Opportunities Performance Problems Rather Resources Results Seen Significant Sounds Successful Than Time Toward Trite Will Work

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Peter Drucker
American - Businessman
November 19, 1909 - November 11, 2005

Hackman's paradox: Groups have natural advantages: they have more resources than individuals; greater diversity of resources; more flexibility in deploying the resources; many opportunities for collective learning; and, the potential for synergy. Yet studies show that their actual performance often is subpar relative to "nominal" groups (i.e. individuals given the same task but their results are pooled.) The two most common reasons: groups are assigned work that is better done by individuals or are structured in ways that cap their full potential.

J. Richard Hackman

The opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities or avoid the threats. Thus, strategy is essentially a problem of allocating resources. If strategy is to be successful, it must allocate superior resources against a decisive opportunity.

William Cohen

We know it is a results business, and also performance business. You have to perform well to get the results.

Matt Doherty

A service is said to be scalable if when we increase the resources in a system, it results in increased performance in a manner proportional to resources added.

Werner Vogels

An organization is really a factory for producing new ideas and for linking those ideas with resources - human resources, financial resources, knowledge resources, infrastructure resources - in an effort to create value. These are processes that you can map, with results that you can measure.

John Kao

When we work so hard at our preparations for Christmas, we often feel cheated and frustrated when others fail to notice the results of our efforts. We need to ask ourselves why we are doing the things we choose to do. If love motivates us-love for our families, for our neighbors - then we are free to simply enjoy the actual process of what we do, rather than requiring the approval and admiration of others for the results of our labors.

Ellyn Sanna

Your business and results are a reflection of you. Your business and results will grow in direct proportion to your own growth.

James Arthur Ray

The business schools could do a better job teaching face-to-face management, the actual work of organizing and helping along the efforts of others in the organization. The more quantitative disciplines have gotten more attention, often more research dollars. Areas like organizational science or, even mushier, leadership have had more trouble settling on what it's important to teach, and how. It's rather like strategy itself, which as I argue in the book, has had trouble through most of its history figuring out how to incorporate people, their motivation and ability, into its calculations.

Walter Kiechel

The court has had to take a hard look at our resources and make difficult decisions balancing competing demands for resources. While our current allocation of resources to the Twin Peaks Court may not be ideal, it is an appropriate allocation when all factors are considered. While I realize this will be disappointing news to you, I can assure you the matter was given serious thought before a decision was made.

Larry Allen

People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.

David Packard

Money, while clearly helpful in solving myriad problems, can often conceal a business's real flaws. It can also risk rigidifying a company's business model at the very moment it should be in 'customer discovery' mode or iterating around market opportunities.

Maelle Gavet

As eternity is longer than time, as mind is stronger than matter, as thought is swifter than the wind, as genius is more potent than gold, so will the results of well-directed labors toward the development of man's higher faculties ever outweigh a thousand fold any estimate in the currency of commerce, which man can put upon such efforts.

Edward Miner Gallaudet

All companies have many opportunities. Strategy is about allocation of resources and priorities.

Michael J. Silverstein

It is management's job to direct the efforts of all components toward the aim of the system. The first step is clarification: everyone in the organization must understand the aim of the system, and how to direct his efforts toward it. Everyone must understand the damage and loss to the whole organization from a team that seeks to become a selfish, independent, profit center.

W. Edwards Deming

It's hard to get money to support your [non-profit] organization if you have no evidence. It's very much like the acting business: You need an agent and manager so you can get a job to get resources, but you can't get an agent and a manager unless people see your work.

Sonja Sohn

We wanted to see how access to care can be expanded and service quality can be improved when one uses a participatory approach to program development. We showed that major changes become possible if you work in a participatory manner, listen to local people, diagnose what the problems are, provide training and identify where there are opportunities for mobilizing local resources to take action. In time leaders from other municipalities expressed interest in replication and the project succeeded in expanding innovations to three other areas.

Ruth Simmons

A Quote by Peter Drucker

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