Thursday, February 09, 2023

The Bottleneck

 "The bottleneck is at the head of the bottle," goes the old saw. No business is likely to be better than its top management, or perform better than they do. A business - especially a large one - may coast for a little time on the vision and performance of an earlier top management. But this only defers payment - and usually for a much shorter period than is commonly believed. A business needs a central governing organ and a central organ of review and appraisal. 

- Peter F. Drucker, The Practice of Management

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