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The Little Book of Big Management Wisdom
book

The Little Book of Big Management Wisdom

by Dr. James McGrath
August 2017
Intermediate to advanced
256 pages
4h 30m
English
Pearson Business
Content preview from The Little Book of Big Management Wisdom

QUOTATION 56

PETER DRUCKER AND THE POWER TO SAY NO

Use this to remind you that the best decision makers know when to say no.

Peter Drucker (1909–2005), the godfather of management studies, argued strongly that the most important ability of any decision makers was to:

Learn to say no.

Peter Drucker

The ability to say no stood Warren Buffet, the world’s most successful investor, in good stead in 1998/9 when he refused to invest in technology stocks and again in 2006/7 when he said no to investing in sub-prime mortgages. In both instances, he justified his decision by saying, ‘I don’t understand them.’ He’s not known as the Sage of Omaha for nothing.

WHAT TO DO

  • As a manager and decision maker, your job isn’t to please people. It’s to ...
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Publisher Resources

ISBN: 9781292148458