The theory of the business harvard business review classics

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the theory of the business harvard business review classics

The Theory of the Business by Peter F. Drucker

Im fully aware that we do learn from stories and storytelling, but I didnt like the storytelling/giving examples in this book, which took a big part of the 40 something pages.
Putting that aside, I did like and learn the following:
-The theory business has 3 parts to build your assumptions about: the environment of the organization, the specific mission, the core competence.
-Test your theory constantly, and study your non-customers.
-The unexpected success + unexpected failure of your own or your competitor is a clear signal that your business theory is no longer valid.
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Peter F. Drucker

Theory of the Business

Below are the available bulk discount rates for each individual item when you purchase a certain amount. Publication Date: September 01, Drucker argues that what underlies the current malaise of so many large and successful organizations worldwide is that their theory of the business no longer works. The story is a familiar one: a company that was a superstar only yesterday finds itself stagnating and frustrated, in trouble and, often, in a seemingly unmanageable crisis. The root cause of nearly every one of these crises is not that things are being done poorly. It is not even that the wrong things are being done. Indeed, in most cases, the right things are being done--but fruitlessly.

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Below are the available bulk discount rates for each individual item when you purchase a certain amount. Publication Date: May 09, Peter F. Drucker argues that what underlies the current malaise of so many large and successful organizations worldwide is that their theory of the business no longer works. The story is a familiar one: a company that was a superstar only yesterday finds itself stagnating and frustrated, in trouble and, often, in a seemingly unmanageable crisis.

3 COMMENTS

  1. Loring B. says:

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