Managing for Results
Economic Tasks
and Risk-taking Decisions

Managing for Results
Economic Tasks
and Risk-taking Decisions

Managing for Results
Economic Tasks
and Risk-taking Decisions

That executives give neither sufficient time nor sufficient thought
to the future is a universal complaint. Every executive voices it
when he talks about his own working day and when he talks or
writes to his associates. It is a recurrent theme in the articles and
in the books on management.
It is a valid complaint. Executives should spend more time and
thought on the future of their business. They also should spend
more time and thought on a good many other things, their social
and community responsibilities for instance. Both they and their
businesses pay a stiff penalty for these neglects. And yet, to complain
that executives
spend so little time on the work
of tomorrow
is
futile. The
neglect
of the future is only a symptom; the executive
slights
tomorrow
because he cannot get ahead of today.
That
too is
a
symptom. The
real disease is the absence of any
foundation of
knowledge
and system for tackling the economic tasks in business.

PETER F. DRUCKER