Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
More Quotes from Peter Drucker:
Rank does not confer privilege or give power. It imposes responsibility.Peter Drucker
Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
Peter Drucker
Long-range planning does not deal with future decisions, but with the future of present decisions.
Peter Drucker
You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
Peter Drucker
My greatest strength as a consultant is to be ignorant and ask a few questions.
Peter Drucker
Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.
Peter Drucker
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