Peter F. Drucker on Management Essentials

CHAPTER SEVEN

Management by Objectives and Self-Control

ANY BUSINESS ENTERPRISE MUST build a true team and weld individual efforts into a common effort. Each member of the enterprise contributes something different, but they must all contribute toward a common goal. Their efforts must all pull in the same direction, and their contributions must fit together to produce a whole—without gaps, without friction, without unnecessary duplication of effort.

Business performance therefore requires that each job be directed toward the objectives of the whole business. And in particular each manager’s job must be focused on the success of the whole. The ...