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Friday, May 4, 2007. When to ask "What is our business". Most managements, if they ask the question "What is our business" at all, ask it when the company is in trouble. Of course, then it must. Be asked. To wait until a company is in trouble is irresponsible management. The question should be asked at the inception of a business - and particularly for a company that has ambitions to grow. Such a business better start with a clear entrepreneurial concept. Arriving at "What is our business? The teenage gi...

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Friday, May 4, 2007. When to ask What is our business. Most managements, if they ask the question What is our business at all, ask it when the company is in trouble. Of course, then it must. Be asked. To wait until a company is in trouble is irresponsible management. The question should be asked at the inception of a business - and particularly for a company that has ambitions to grow. Such a business better start with a clear entrepreneurial concept. Arriving at What is our business? The teenage gi...

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1 drucker condensed

2 posted by rajesh

3 no comments

4 labels business

5 mission

6 customer

7 value

8 labels profit

9 risk

10 society

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Drucker Condensed | drucker-condensed.blogspot.com Reviews

https://drucker-condensed.blogspot.com

Friday, May 4, 2007. When to ask "What is our business". Most managements, if they ask the question "What is our business" at all, ask it when the company is in trouble. Of course, then it must. Be asked. To wait until a company is in trouble is irresponsible management. The question should be asked at the inception of a business - and particularly for a company that has ambitions to grow. Such a business better start with a clear entrepreneurial concept. Arriving at "What is our business? The teenage gi...

INTERNAL PAGES

drucker-condensed.blogspot.com

1

Drucker Condensed: May 2007

http://drucker-condensed.blogspot.com/2007_05_01_archive.html

Friday, May 4, 2007. When to ask "What is our business". Most managements, if they ask the question "What is our business" at all, ask it when the company is in trouble. Of course, then it must. Be asked. To wait until a company is in trouble is irresponsible management. The question should be asked at the inception of a business - and particularly for a company that has ambitions to grow. Such a business better start with a clear entrepreneurial concept. Arriving at "What is our business? The teenage gi...

2

Drucker Condensed: The Functions of Profit

http://drucker-condensed.blogspot.com/2007/05/functions-of-profit.html

Thursday, May 3, 2007. The Functions of Profit. Profit is, first of all, a test of performance. It is the result of the performance of the company in marketing, innovation and productivity. It is an example of feedback, a self-regulation of a process by its own results. Profit has a second function - equally important. It is the premium for the risk of uncertainty. Profit and profit alone, can supply the capital required for tomorrow's jobs - more jobs and better jobs. At the very least, business enterpr...

3

Drucker Condensed: Arriving at "What is our business?"

http://drucker-condensed.blogspot.com/2007/05/arriving-at-what-is-our-business.html

Friday, May 4, 2007. Arriving at "What is our business? Any attempt at defining the business has to begin with the customer. The first question to ask is "Who is the customer? A business may have several customers. Next, it is important to ask "Where is the customer? The third is the most important question "What is value to the customer? The customer never buys a product. By definition, the customer buys the satisfaction of a want. He buys value. Yet, the manufacturer, by default, cannot pro...Subscribe...

4

Drucker Condensed: Tasks of a manager

http://drucker-condensed.blogspot.com/2007/05/tasks-of-manager.html

Thursday, May 3, 2007. Tasks of a manager. The tasks, in brief, of management are. Making work productive, and the worker achieving. Managing social impact and social responsibilities and. Doing all of this in balance between the demands of today and the demands of tomorrow. Subscribe to: Post Comments (Atom). When to ask What is our business. Arriving at What is our business? The Functions of Profit. Tasks of a manager. Effectiveness vs. Efficiency. The Two Entrepreneurial Functions.

5

Drucker Condensed: The Two Entrepreneurial Functions

http://drucker-condensed.blogspot.com/2007/05/what-is-business.html

Tuesday, May 1, 2007. The Two Entrepreneurial Functions. Because it is its purpose to create a customer, any business enterprise has two, and only these two, basic functions - marketing and innovation. Any organization that fulfills itself through marketing a product or a service is a business. Any organization in which marketing is incidental or absent is not a business and should never be run as if it were one! Subscribe to: Post Comments (Atom). When to ask What is our business. The Functions of Profit.

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Friday, May 4, 2007. When to ask "What is our business". Most managements, if they ask the question "What is our business" at all, ask it when the company is in trouble. Of course, then it must. Be asked. To wait until a company is in trouble is irresponsible management. The question should be asked at the inception of a business - and particularly for a company that has ambitions to grow. Such a business better start with a clear entrepreneurial concept. Arriving at "What is our business? The teenage gi...

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