- Audible Audiobook
- Listening Length: 32 minutes
- Program Type: Audiobook
- Version: Original recording
- Publisher: Harvard Business School
- Audible.co.uk Release Date: 16 Dec. 1999
- Language: English, English
- ASIN: B00VGNV9SW
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Managing Oneself Audiobook – Original recording
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It encourages us to know our strengths, our modalities (how we perform best) and values. It urges us to take responsibility for our relationships, in terms of how we chose them and nurture them.
In order to identify strengths and gain personal insights, it introduces the feedback analysis tool: "Whenever you make a key decision or take a key action, write down what you expect will happen. Nine or twelve months later, compare the actual results with your expectations."
It helps us frame our personal contribution by answering the following question: "Where and how can I achieve results that will make a difference within the next year and a half ?" The answer must balance several things. First, the results should be hard to achieve but still within reach. Second, the results should be meaningful. Third, the results should be visible."
Finally, the book ends with advice on how to deal with the second half of our life, during retirement.
It does not go into long winded stories but rather gives short examples
straight to the point.
It starts off with a simple yet powerful idea that we must build upon our
strength. But in order to understand where our strength lies we must first
understand how we operate.
Key questions to ask ourselves on how we operate are:
-How do we learn?
-What are our values?
-What are the best environments we efficiently perform at?
-and of course knowing where we think we might belong?
To achieve this the author describes an exercise called the feedback loop
where we predict how far we will go and assess how well
we fit this prediction to expose our weaknesses and strength.
Once we have discovered our strength we must double down on it
and minimize the time to improve our weaknesses. It is better to
go from good to excellent instead of incompetent to mediocre.
Finally the author mentions that as we become excellent in our job
we might not have any challenges and this can make life less
exciting, so we can try seeking for a different field to master once
we are older.
Absolutely loved the book.
Drucker's comments on the result of Management by Cost Cutting is to have Senior Executives make their own tea.
I have also always liked his proposal that the Chief Executive role is too big for one man but is in fact a Team effort. As I write in the Spring of 2009 we can all see the result of the Managing Director being a Dictator in the demise of our Banks and therefore our Econpmy.
Drucker also put forward the idea that the work force can not be managed by Fear or by Financial rewards. His formula for success was involvement in the Enterprise and greater responsibility and room for self expression. Things that seem to have been disregarded in large organisations today.
Drucker in this book was the first to use the term Management by Objectives and to put forward the idea that before a problem can be solved the problem has to be defined and understood.
Another key idea of Drucker's was that Management should if nothing else have Integrety.
And what about his purpose of a Business being to create a customer. Many organisations would do well to remember this today particularly the ones who deal in customer exploitation.
All these things are most relevent today. The more I think the more I feel that this book should be compulsive reading for todays Top Management and those aspiring to reach the top.
If you have an interest in real practical Management then please read and digest. If what you want is a magic formula for success that involves neither employees or customers then this book will probably seem dated and of little use.
My takeaways from the book are to think how do you best perform, how do others best perform, what culture/values are important to you in a workplace and then aim to find/create a workplace or job that brings the best of those things together in unison.