Management by Objectives

Peter Drucker postulated 8 cooperate objectives in his theory of Management by Objective and Self-control. Profit is one of the eight.

It is interesting that Jeff Van Duzer wrote in his book, "Why Buisness matters to God," that to "generate a reasonable profit is not an independent goal or purpose, but as a constraint." Of course, Duzer is talking about the goal and purpose while Drucker talked about operational objectives. Objectives and goals are different.

But it is interesting to see profit as a constraint.


Eric Kung I guess Duzer has a salaried job. If he runs a business, he would think differently about profit