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The Most Peculiar Leadership Model: For a long time, management guru Peter Drucker failed to acknowledge the importance of one major concept of management: leadership. He realized that the basic elements of all business were but two: marketing and innovation, and eventually realized good leadership was essentially a "marketing job." read more
May 6,2013 by William Cohen, Ph.D.
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Peter Drucker | drucker on management | leadership -
You Must Know Your Strengths: Drucker wrote that most people think they know their own strengths, but that they are almost invariably wrong. This is because there will always be faults in any individual, even the most effective and successful. If you focus only on avoiding faults to the extent that you ignore your strengths and their development, you will be making a major mistake. read more
April 4,2013 by William Cohen, Ph.D. 0
Drucker | Lessons From Drucker | William Cohen -
Peter Drucker and the Accomplishing of More with Less: Everyone knows that despite what top leaders sometimes demand, you can’t do more with less— or can you? Drucker said that you could, and went on to prove it. Read on and learn how to do“the impossible” through the genius of Drucker with a little help from a 19th century Italian economist. read more
March 4,2013 by William Cohen, Ph.D. 1
William Cohen -
The Richest Source of Innovation: Wouldn’t it be incredible if a genie would arise from a magic lamp and reveal the richest source of innovation for profitability in whatever you do? With just one such innovation you could make a fortune for yourself or your employer. Peter F. Drucker was not a genie, but he was a genius. read more
February 21,2013 by William Cohen, Ph.D. 1
Drucker -
Ignorance is Good: When Peter first began instruction in the classroom, he sometimes made a seemingly outlandish statement to make a point. In class one day Drucker began to speak about his work with... read more
January 3,2013 by William Cohen, Ph.D. 0
William Cohen | Peter F. Drucker -
A Sure Way to Fail: Drucker's Lesson About Failing Peter Drucker taught that if you continue doing what made you successful in the past, you will eventually fail. This has been true in all times... read more
November 17,2012 by William Cohen, Ph.D. 0
failures of financial organizations | Peter Drucker | collapse of the housing industry -
Guess Who’s Accountable?: There are lots of ways of demonstrating accountability. Accepting responsibility for everything, including one’s own salary is just one. Learn Drucker's perspective on Accountability. read more
November 1,2012 by William Cohen, Ph.D. 0
Peter Drucker | William Cohen | Accountability -
Don’t Buy People: Drucker identified several ways of buying customers, none of them recommended, despite their popularity. One could price so low that there was little, if any, profit-- but since the whole idea is just bribe the customer into making a purchase, who cares? This made severe underpricing an acceptable alternative. Or one could be more (or maybe it’s less) subtle: offer discounts, cash bonuses, low or no-interest financing, or some other incentive. Assuming a marketer understands his costs why would he want to bribe customers to buy his product anyway? read more
September 4,2012 by William Cohen, Ph.D. 0
Bill Cohen | Peter Drucker -
There is no Such Thing as an Irrational Customer: The customer is not irrational and marketers must take the customer’s perspective to uncover the real issues so that they can be dealt with.” read more
August 1,2012 by William Cohen, Ph.D. 1
Bill cohen | Peter Drucker -
Drucker’s Five Deadly Marketing Sins: From 1975 to 1995 Drucker wrote a column for The Wall Street Journal. On October 21st, 1993 his column was entitled “The Five Deadly Business Sins.”It could have been called “The Five Deadly Marketing Sins.” Judge for yourself. Many business experts advised exactly what Drucker advised against. They still do. read more
July 16,2012 by William Cohen, Ph.D. 0
Bill Cohen
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