The True Business Of Every Company Is

Capital Formation Is Shifting From The Entrepreneur Who Invests In The Future To The Pension Trustee Who Invests In The Past.

Efficiency Is Doing Better What Is Already Being Done.

Of All The Decisions An Executive Makes, None Is As Important As The Decisions About People, Because They Determine The Performance Capacity Of The Organization.

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.

An Employer Has No Business With A Man's Personality. Employment Is A Specific Contract Calling For A Specific Performance... Any Attempt To Go Beyond That Is Usurpation. It Is Immoral As Well As An Illegal Intrusion Of Privacy. It Is Abuse Of Power. An Employee Owes No "loyalty," He Owes No "love" And No "attitudes" - He Owes Performance And Nothing Else. .... The Task Is Not To Change Personality, But To Enable A Person To Achieve And To Perform.