Several years ago, I picked up a revised edition of Management by Peter Drucker. As I read through the chapters, I found myself nodding my head in agreement.
Some call Peter Drucker “the man who invented management.” I agree. I have come to realize that many of today’s best-selling authors, gurus, and the most successful CEOs and managers are “standing on the shoulders” of Drucker.
Many of Drucker’s ideas are “common sense” today yet were way ahead of his time.
Following are 7 of Drucker’s principles that I believe are particularly important to focus on as a CEO and manager.
1. Be mission-driven.
2. Be effective – not efficient.
3. To grow faster – put your best people on your best opportunities.
4. Focus on opportunities, not problems.
5. Know the power of “planned abandonment”.
6. Focus on the Customer.
7. "What gets measured, gets managed."
Take 15 minutes and rank yourself in the above seven areas. Where are you strong? Where could you improve? Ask your team members. Use this reflection and dialogue as an opportunity to improve your business.