"The 1st question the effective decision-maker asks..." - Quote by Peter Drucker
The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
More by Peter Drucker
“Every success creates new opportunities. So does every failure.”
“Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.”
“Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.”
More on Decision Making
“1. It ain't as bad as you think. It will look better in the morning.2. Get mad, then get over it.3. Avoid having your ego so close to your position that when your position falls, your ego goes with it.4. It can be done!5. Be careful what you choose. You may get it.6. Don't let adverse facts stand in the way of a good decision.7. You can't make someone else's choices. You shouldn't let someone else make yours.8. Check small things.9. Share credit.10. Remain calm. Be kind.”
“When we are debating an issue, loyalty means giving me your honest opinion, whether you think I'll like it or not. Disagreement, at this state, stimulates me. But once a decision is made, the debate ends. From that point on, loyalty means executing the decision as if it were your own.”
“May your choices reflect your hopes, not your fears.”