Peter F. Drucker article in the Wall Street Journal on effectively cutting organizational costs. Drucker advises against cutting staff in order to save on costs. Instead, he recommends restructuring the work of personnel in order to maximize efficiency and returns, arguing that eliminating ineffective organization operations is the most effective way to cut costs. Drucker goes on to state that a review process, perhaps every three years or so, is necessary to verify the effectiveness and usefulness of every operation to a specific business.
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Wall Street Journal Claremont Graduate School
Source
Peter F. Drucker article in the Wall Street Journal on effectively cutting organizational costs, January 11, 1991; Drucker Archives; Box 109, Folder 13; 1 page
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