From the course: A Year with Peter Drucker (Blinkist Summary)

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The cornerstones of effective management

The cornerstones of effective management

- Blink number four. Concentration and information literacy are the cornerstones of effective management. As we've heard, efficient managers skillfully balance short-term interests with longterm goals, but what specific skills are required to achieve this? Drucker says there are two crucial managerial skills: concentration and information literacy. Let's start with concentration. For managers. it has nothing to do with reading a book straight through in six hours. Rather, concentration is about knowing where to focus your efforts for maximum results. To that end, effective managerial concentration boils down to one key principle. You should always concentrate on tasks that require the least effort and generate the greatest amount of productivity. There are two ways you can achieve this. First, focus on your core competencies and strengths, or as Drucker succinctly put it, don't major in the minors. If your employees have a…

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