Why People Succeed (or Fail) in New Assignments

Peter F. Drucker provides us with a valuable lesson relating to what is necessary to succeed in a new position. Back in 1933, Drucker was working as a securities analyst in a large insurance company and then, a year later, joined a fast-growing private bank as the firm's economist and executive secretary to three senior partners. Initially, he worked exclusively with two of the younger partners, both in their mid-30s. Then, the oldest of the partners (a man in his 70s) called him into his...
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