Finance quotes

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Peter_Drucker

Productivity and Efficiency

“The major incentive to productivity and efficiency are social and moral rather than financial.”
  • Source: Peter Drucker, The New Society (1950).

Layoffs

“...what's absolutely unforgivable is the financial benefit top management people get for laying off people. There is no excuse for it. No justification. This is morally and socially unforgivable, and we will pay a heavy price for it.”
  • Source: A cantankerous interview with Peter Drucker, Wired (August 1996).