13.
Dan Schaeffer probably should read the section on the relationship between
the CEO and the Board.
the New Manager Development Course
14. “The most mature and
most cogent statement
on Scientific
Management is still the
testimony Taylor gave
before the House of
Representatives in 1912.”
LWS - Foreman has the
toughest job. Workers
view him as mgmt.
Mgmt views him as a
worker
25. Output is limited by the scarcest resource
Time is the limiting factor, the most scarce
resource
Can always acquire more money or people
But one cannot obtain more time
The Supply of Time is totally inelastic
No matter how high the price, the supply
cannot increase
59. Lesson 4 : What our business is, will be, and should be.
60. Lesson 5 : Develop disagreement rather than consensus
61. Lesson 6 : Effectiveness over universal expert.
You can’t be an expert in all things. You can
round out your knowledge and get the basics,
while still specializing in a few areas.
80. Peter Drucker has added significance to the lives of many people over the
span of decades and for that we are grateful. The world has lost a great
man, but I suspect that Heaven will become a more efficient place as a
result!