Quote by Peter Drucker

Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.

Checking the results of a decision against its expectations

Summary

This quote emphasizes the importance of evaluating decision outcomes in order to gain valuable insight. By comparing the actual results with the initial expectations, executives can identify their areas of expertise and where they excel. Additionally, it allows them to pinpoint areas that require improvement, guiding efforts towards enhancing decision-making skills. Moreover, highlighting the lack of knowledge or information assists executives in identifying gaps in their understanding, enabling them to acquire the necessary knowledge for better future decision-making. In summary, evaluating decision outcomes against expectations facilitates self-awareness, improvement, and informed decision-making for executives.

Topics

Knowledge

By Peter Drucker

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