 |
The emergence of management has converted knowledge from social ornament and luxury into the true capital of any economy.
|
019 |
 |
…only business has economic performance as its specific mission. It is the definition of a business that it exists for the sake of economic performance.
|
026 |
 |
Business management must always, in every decision and action, put economic performance first. It can justify its existence and its authority only by the economic results it produces.
|
026 |
 |
A business management has failed if it fails to produce economic results. It has failed if it does not supply goods and services desired by the consumer at a price the consumer is willing to pay.
|
027 |
 |
Management is not just a creature of the economy; it is a creator as well. And only the ethe extent to which it masters the economic circumstances, and alters them by consciously directed action, does it really manage.
|
027 |
 |
To discharge its job, to produce economic goods and services, the business enterprise has to have impacts on people, on communities, and on society.
|
029 |
 |
…economic performance comes first – it is the aim of the enterprise and the reason for its existence.
|
030 |
 |
…if work and worker are grossly mismanaged, there will be no economic performance, no matter how good the chief executive may be in managing the business.
|
030 |
 |
…top management in the next society’s corporation will [need to] balance the three dimensions of the corporation: as an economic organization, as a human organization, and as increasingly important social organization.
|
058 |
 |
…management has to embrace the entire process. It has to be focused on results and performance across the entire economic chain.
|
078 |
