| HOME |
『Management』- Tasks, responsibilities, practices(1973)
／ Peter F.Drucker
(Collins Business, p.810)
My Favorite Words & phrases (814)
The Manager and the Management Sciences
To try to eliminate risk in business enterprise is futile.
Risk is inherent in the commitment of present resources
to future expectation.
Indeed, economic progress can be defined as the ability
to take greater risks.
The attempt to eliminate risks, even the attempt to minimize them,
can only make them irrational an unbearable.
It can only result in that greatest risk of all: rigidity.
The main goal of a management science must be to enable
business to take the right risk.
Indeed, it must be to enable business to take greater risks -
by providing knowledge and understanding of alternative risks
and alternative expectations; by identifying the resources and
efforts needed for desired results; by mobilizing energies for
contribution; and by measuring results against expectations,
thereby providing means for early correction of wrong or
←Thank You for One Click - FC blog ranking !
| HOME |