nur4827 ch3 assignemnt



Make A Hundred Decisions When One Will Do

We’re continually hit by a blizzard of situations, opportunities, problems, incidents

all of which

seem to demand decisions. Yes. No. Go. No

go. Buy. Sell. Attack. Retreat. Accept. Reject.

Reply. Ignore. Invest. Harvest. Hire. It can feel l

ike chaos, but the most effective people find the

patterns within the chaos. In Drucker’s view, we rarely face truly unique, one

there is an overhead cost to any good decision: it requires argument and debate, time for

reflection and con

centration, and energy expended to ensure superb execution. So, given this

overhead cost, it’s far better to Zoom Out and make a few big generic decisions that can apply

to a large number of specific situations, to find a pattern within

Think of it as akin to Warren Buffett making investment decisions. Buffett learned to

ignore the vast majority of possibilities almost as background noise. Instead, he made a few big


such as the decision to shift from buying m

ediocre companies at very cheap prices

to buying great earnings machines at good prices and then replicated that generic decision

over and over again. For Drucker, those who grasp Buffett’s point that “inactivity can be very

intelligent behavior” are much

more effective than those who make hundreds of decisions with

no coherent




Your One Big Distinctive Impact

When a friend of mine became the chairman of the board of trustees of a leading university, he

posed a question: “How will I know I’

ve done a great job?” I pondered what Drucker would say,

and then answered: “Identify one big thing that would most contribute to the future of the

university and orchestrate getting it done. If you make one distinctive contribution

a key

decision that wou

ld not have happened without your leadership (even if no one ever credits you

for your catalytic role

then you will have rendered a great service.” Drucker applied this idea

to his own consulting. When I asked him what he contributed to his clients, he mo

destly said, “I

have generally learned more from them than they learned from me.” Then, pausing for effect, he

added, “Of course, in each case there was one absolutely fundamental decision they would not

have made without me.” What is your one absolutely f

undamental contribution that would not

happen without


  1. Read through the Ten Lessons I learned from Peter Drucker.
  2. Choose two (2) points that are particularly attractive and /or familiar to you and summarize these. make the paper from those 2
  3. Then, take these two items and show how either you have a good example of how this has been demonstrated with something you have observed or experienced.
  4. Please be specific and utilize real-life examples as much as possible.
  5. Your paper should be:
    • One (1) page
    • Typed according to APA style for margins, formatting and spacing standards
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