This is the first part of a discussion between Jim Hayes and Peter Drucker. In this segment they focus on making the right decisions. Drucker says making the decision is fairly easy, what is difficult is to make sure you are making it about the right issue. The right decision for the wrong problem is not useful. It is also as dangerous to make unnecessary decisions as to avoid the ones that are desperately needed. According to Drucker, effective decisions are, by definition, unpleasant but the worst solutions are quick fixes. The emphasis should be placed on the decision making process rather than the act. Drucker closes by saying a decision is “not usually an exercise in mathematics or analysis, but it is an exercise in courage and responsibility”
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Hayes, James L Decision making Government agencies Sales Economics Planning Japan Truman, Harry S., 1884-1972 Typewriting Marketing Markets Time management Personnel management Work Employees Consolidation and merger of corporations Finance Risk General Electric Company Nuclear energy Wilson, Charles Erwin, 1890-1961 Pharmaceutical industry Resource allocation Simon, Herbert A. (Herbert Alexander), 1916-2001 Innovation
Source
MiniDisc: amacom SKILLS pts 1a/1b; Box 89, minidiscs and floppies
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