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This is the fourth part of a discussion between Jim Hayes and Peter Drucker. This segment tries to answer the question, “What do executives really get paid for?” Drucker basically sums the answer up as executives make sure other people are performing to the best of their abilities. He also discusses the confusion between needing to be busy and doing work, as well as salary discrepancies. He also mentions the dangers of incentives, of over structuring organizations, and of underpaying.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Hayes, James L American Management Association Executives Management Government agencies Ships Performance Organization Teams in the workplace World War II Report writing Nurses Communication Automation Leadership Hospitals Salaries Wages Employees J.P. Morgan & Co Music Motivation
MiniDisc: amacom SKILLS pts 4a/4b; Box 89, minidiscs and floppies