A Quote by Peter Drucker
Profitability is the sovereign criterion of the enterprise.
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Psychoanalysis can unravel some of the forms of madness; it remains a stranger to the sovereign enterprise of unreason. It can neither limit nor transcribe, nor most certainly explain, what is essential in this enterprise.
We used to have just one criterion and that was profit, and then another criterion was added - social welfare. Now we have to add the third important criterion, and that is nature and the environment.
If you're trying to get to profitability by lowering costs as a startup then you are in a very precarious and difficult position. You need to grow through profitability.
Money is just a consequence. I always say to my team, 'Don't worry too much about profitability. If you do your job well, the profitability will come.'
They are not rules prescribed by the sovereign to the subject, but agreements between sovereign and sovereign.
There is a criterion by which you can judge whether the thoughts you are thinking and the things you are doing are right for you. The criterion is: Have they brought you inner peace?
One thing that makes the adventure of working in our field particularly rewarding, especially in attempting to improve the theory, is that... a chief criterion for the selection of a correct hypothesis... seems to be the criterion of beauty, simplicity, or elegance.
Faith in reason as a prime motor is no longer the criterion of the sound mind, any more than faith in the Bible is the criterion of righteous intention.
Whatever mitigates the woes, or increases the happiness of others, is a just criterion of goodness; and whatever injures society at large, or any individual in it, is a criterion of iniquity.
In Reformed theology, if God is not sovereign over the entire created order, then he is not sovereign at all. The term sovereignty too easily becomes a chimera. If God is not sovereign, then he is not God.
Private enterprise is ceasing to be free enterprise. Private enterprise, indeed, became too private. It became privileged enterprise, not free enterprise.
And remember, that is the criterion. If a person can enjoy and celebrate his death, that shows he has lived rightly; there is no other criterion. Your death will prove how you have lived.
In the consumer economy taste is not the criterion in the marketing of expensive soft drinks, usability is not the primary criterion in the marketing of home and office appliances. We are surrounded with objects of desire, not objects of use.
I've used the term 'Facebook for the enterprise,' and everyone goes, 'We don't want Facebook in the enterprise,' because it conjures up that it's not secure, and it's going to be a waste of time. All these things are true, which is why Facebook is not in the enterprise.
When you delve deep enough, you find that practically every great fortune and great enterprise in America have sprung from the courageous enterprise of some individual. It was Commodore Vanderbilt's enterprise in switching first from running a ferryboat to running other ships, and then, when he was well along in years, his enterprise in switching into railroading, that created what was to become one of the most notable fortunes in the history of the world.
The remediableness criterion is an effort to deal symmetrically with real world institutions, both public and private, warts and all. The criterion is this: an extant mode of organization for which no superior feasible form of organization can be described and implemented with expected net gains is presumed to be efficient.
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