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Big Idea Daily | The Effective Executive

 

The Definitive Guide to Getting the Right Things Done
by Peter F. Drucker

Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results. By themselves, they only set limits to what can be attained.
PETER F. DRUCKER

 

BIG IDEA
The Five Essential Practices Of The Effective Executive

FROM THE BOOK
These are essentially five such practices—five such habits of the mind that have to acquired to be an effective executive: 
  1. Effective executives know where their time goes. They work systematically at managing the little of their time that can be brought under their control.
  2. Effective executives focus on outward contribution. They gear their efforts to results rather than to work. They start out with the question, ‘What results are expected of me?’ rather than with the work to be done, let alone with its techniques and tools.
  3. Effective executives build on their strengths—their own strengths, the strengths of their superiors, colleagues, and subordinates; and on the strengths of the situation, that is, on what they can do. They do not build on weakness. They do not start out with the things they cannot do.
  4. Effective executives concentrate on the few major areas where superior performance will produce outstanding results. They force themselves to set priorities and stay with their priority decisions. They know that they have no choice but to do first things first— and second things not at all. The alternative is to get nothing done.
  5. Effective executives, finally, make effective decisions. They know that this is, above all, a matter of system—of the right steps in the right sequence. They know that an effective decision is always a judgment based on ‘dissenting opinions’ rather than on ‘consensus on the facts.’ And they know that to make many decisions fast means to make the wrong decisions. What is needed are few, but fundamental, decisions. What is needed is the right strategy rather than razzle-dazzle tactics.
 
These are the elements of executive effectiveness—and these are the subjects of this book.
 
Brian's Notes
The five essential practices of the effective executive. Each has its own chapter in the book. Here’s a quick recap then we’ll dive in more deeply:
 
  1. As effective executives of our lives we need to know where our TIME goes. Best way to figure that out? Track it!
  2. We need to focus on outward CONTRIBUTION. It’s not so much what we *want* to do but what needs to be done. How can we contribute to our “organization”—whether that’s our family or our business or whatever? How can we play our role well? Focus on that.
  3. We need to focus on our STRENGTHS so much that we make our weaknesses irrelevant. This is huge. More on this in a moment.
  4. We’ve gotta CONCENTRATE our energy on what’s most important. We do first things first and second things never.
  5. And, we make good DECISIONS. The effective executive makes *less* decisions not more. Like our willpower exemplars, we play offense not defense. We make a few key distinctions on fundamental principles and then let those big decisions take care of all the little ones.
 
P.S. Those are all PRACTICES that become HABITS. As Drucker says, “Effectiveness, in other words, is a habit; that is, a complex of practices. And practices can always be learned. Practices are simple, deceptively so; even a seven-year-old has no difficulty in understanding a practice. But practices are always exceedingly hard to do well. They have to be acquired, as we all learn the multiplication table; that is, repeated ad nauseam until ‘6 x 6 = 36’ has become an unthinking, conditioned reflex, and firmly ingrained habit. Practices one learns by practicing and practicing and practicing again.
 
Sounds a lot like the whole Optimizing process, eh? Practice. Aggregate. Compound. Repeat.

Big Ideas

01: FIVE PRACTICES

02: KNOW THY TIME

03: WHAT CAN I CONTRIBUTE?

04: STRENGTHS + WEAKNESSES

05: “SECRET” OF EFFECTIVENESS


This book rests on two premises: The executive’s job is to be effective; and, effectiveness can be learned.
PETER F. DRUCKER

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