A Quote by Peter Drucker
The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society.
To survive, to avert what we have termed future shock, the individual must become infinitely more adaptable and capable than ever before. We must search out totally new ways to anchor ourselves, for all the old roots - religion, nation, community, family, or profession - are now shaking under the hurricane impact of the accelerative thrust. It is no longer resources that limit decisions, it is the decision that makes the resources.
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.
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.
For American foreign aid to become more effective, it must embrace the power of partnerships, access the transformative nature of free enterprise, and leverage the abundant resources that can come from the private sector.
Everything about the enterprise, and then by definition the software the enterprise uses has changed?-?just in the last 5 years.
It is certain that despotism ruins individuals by preventing them from producing wealth much more than by depriving them of what they have already produced; it dries up the source of riches, while it usually respects acquired property. Freedom, on the contrary, produces far more goods than it destroys; and the nations which are favored by free institutions invariably find that their resources increase even more rapidly than their taxes.
When I was younger I was influenced by Kanye, his story of coming up and how he kept producing and producing and saying, 'I'm more than just a producer. I'm more than just a writer. I'm more than just a guy in the studio here to give you ideas. I have a story.'
Believing that other people are always better than you-better-looking, more capable, richer, more intelligent-and that it's very dangerous to step outside your own limits, so it's best to do nothing.
I have gratitude. I know myself better. I feel more capable than ever. And as far as the physicality of it, I feel better at 40 than I did at 25.
I believe that today's businesses - regardless of their size - must be prepared to do good in societies around the globe. I am cautiously optimistic that we can make the world a far better, safer and more equitable place - but business and enterprise must sit at the heart of this process.
Capitalism is about producing a better product at a better price. As individuals, we have to keep producing better products at a better price, also, or we're obsolete.
The most futile thing in this world is any attempt, perhaps, at exact definition of character. All individuals are a bundle of contradictions - none more so than the most capable.
You are capable of more than you realize. You are far more capable than you were even 12 months ago. Next year you will be able to do things you can't imagine doing today.
Had I not played the Sicilian with Black I could have saved myself the trouble of studying for more than 20 years all the more popular lines of this opening, which comprise probably more than 25 percent of all published opening theory!
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.
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