Decision Quote by Peter Drucker
“A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.”
About This Quote
Source Book: The Practice of Management, 1954
A decision that risks immediate disaster for a distant, grand vision is irresponsible.
In simple terms: Avoid reckless long‑term bets that endanger now.
Balance short‑term risk with long‑term goals.
Themes
Mood
Type
When to use this quote
- business strategy
- project planning
- investment decisions
Key Concepts
Questions to Reflect On
- When is it justified to take big risks?
- How can you mitigate immediate fallout?
Short‑term sacrifices may be necessary for breakthrough innovation.