Peter Drucker’s Enduring Wisdom For Today’s Leaders

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If you want to gain more wisdom, put your knowledge to work.

Because ‘you cannot arrive at the right definition of results without significant input from your customers…’

A fundamental responsibility of leadership is to make sure that everybody knows the mission, understands it, lives it.’

‘Never subordinate the mission in order to get money.’

‘Our business is not to please everyone casually but to please our target customers deeply.’

Transformation requires moving people out of their old organizational boxes into flexible, fluid management systems.’

Leadership is a responsibility all members of the organization share, and it is circular.’

Concentration is building on success, strengthening what does work. The best rule is to put your efforts into your successes.’

‘If you have more than five goals, you have none.’

Planning does not substitute facts for judgment, nor science for leadership. It recognizes the importance of analysis, courage, experience, intuition-even hunch. It is responsibility rather than technique.’

Every interaction with a customer is now marketing. Marketing was once focused on the destination- and that destination was most likely a purchase. Marketing is now is about the customer journey, and customer expect you to be there to help them every step of the way- before, during, and after the purchase.’

Source:

Peter F, Drucker, Frances Hesselbein, and Joan Snyder Kuhl (2015). Peter Drucker’s Five Most Important Questions: Enduring Wisdom for Today’s Leaders

‘The Power Of Transcendent Leadership’

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‘Great leaders, wherever they are in an organization, ask themselves: How do I inspire my team or organization to work in unison?’

To achieve success- you must live a life of meaning and purpose. You must pursue significance, self-actualization, and self-transcendence- not just for you but also for everybody who works for you.’

‘Transcendent leadersship relies on the inspirational power of nonmaterial incentives- employees’ personal sense of meaning, achievement, and self-esteem, as well as shared values and ethics, and their desire to belong to a community.’

‘Transcendent leadership dissolves the hardest organizational problems in a liquid mix of significance, nobility, virtue, and solidarity.’

‘Leaders must find their true selves through a ‘hero’s journey’ and share their hard- earned personal awareness with others, with humility, wisdom, and compassion.’

‘Leadership emerges from our human need to make our lives meaningful.’

Humans are social beings, which is why solidarity is so fundamental to long-term business success.’

Interpersonal success is required for survival. If people do not cooporate and respect one another, the organization will fail.’

Engagement requires commitment. It can arise only from an emotional exchange.’

‘Leadership is about getting what can’t be taken, and deserving what is freely given.’

Source:

Fred Kofman (2018). The Meaning Revolution: The Power of Transcendent Leadership