On Management January 8, 2007Posted by Timothy Li in Books, Personal MBA, PMBA, wind.
I finished reading ‘the essential drucker’ as a part of my Personal MBA reading list. Surprisingly, about 30% of the book deals directly with management in startups and small firms. It’s a very rewarding read.
Mr. drucker laid out the following rule for successful operational management:
Unless 97 percent or so of its flights proceed on the original schedule and flight plan – or within a very limited range of deviation from either – a well-run airline gets another operations manager who knows his job.
Many more sources indicate the importance of management for startups, the common message is that loosely managed projects will fail. regardless how well your teammates work together, focus on objectives cannot be overlooked.