Business Quote by Peter Drucker
“Few relationships are as critical to the business enterprise itself as the relationship to government. The manager has responsibility for this relationship as part of his responsibility to the enterprise itself. To a large extent the relationship to government results from what businesses do or fail to do.”
About This Quote
Source Book: The Effective Executive, Peter Drucker, 1966
Business success depends on managing government relations, which reflect corporate actions and responsibilities.
In simple terms: Managing government ties is essential for business health.
Key Takeaway
Cultivate responsible government engagement.
Themes
business
government
responsibility
strategy
Mood
strategic
pragmatic
Type
advisory
instructional
When to use this quote
- regulatory compliance
- public affairs
- corporate social responsibility
- risk management
Key Concepts
corporate governance
public policy
stakeholder management
Questions to Reflect On
- How does your company's conduct affect its government relationship?
- What steps can you take to improve compliance?
A Different Perspective
Neglecting government relations can lead to legal penalties and reputational damage.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)