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Peter Drucker's mantras for success

September 24, 2008

  • Rank does not confer privilege or give power. It imposes responsibility.

  • Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.

  • All one has to do is to learn to say 'no' if an activity contributes nothing.

  • What is the first duty -- and the continuing responsibility -- of the business manager? To strive for the best possible economic results from the resources currently employed or available.

  • People do not know that you cannot successfully innovate in an existing organisation unless you systematically abandon. As long as you eliminate, you'll eat again. But if you stop eliminating, you don't last long.

    Image: Rank imposes responsibility -- RMSI has been voted the best company to work for in India in 2008 | Photograph: RMSI Website

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