The Wisdom of Peter Drucker for Startups

Peter Drucker was one of the most iconic business experts of the last century. The leader of Catalyst Fund I had the great fortune to get to know Peter, and was the Interim Dean of his business school at Claremont College.

Every time I come across something from Drucker’s work, I find new layers, or new applications.

Inc. recently posted an article leveraging the 5 fundamentals Drucker laid out in his book: The Five Most Important Questions You Will Ever Ask About Your Organization.

There are lots of systems and methodologies for discovering your WHY, generating and managing OKRs (Objective and Key Results), but Drucker seems to distill most all of that into simple tactics that don’t require analysis paralysis. Here is his list:

  1. What is your mission?
  2. Who is your customer?
  3. What does your customer value?
  4. What are your results?
  5. What is your plan?

Read the full article from Inc HERE.


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