Pete Lee

Monday, September 12, 2005

Primum Non Nocerre

"Primum non nocerre, not knowingly to do harm, is the basic rule of professional ethics, the basic rule of an ethics of public responsibility."

A quote attributed to Peter Drucker, noted for work that is critically important in the praxis of business philosophy. Any self-respecting business major, MBA graduate or corporate manager will be amply familiar with his work, and have at least read Management Challenges for the 21st Century.

The Wikipedia entry (see above Peter Drucker link) notes this interesting tidbit:
His most controversial work is on compensation schemes, in which he said that senior management should not be compensated more than twenty times the lowest paid employees.

If you don't have the time or inclination to read his work, I can wholeheartedly recommend Five Temptations of a CEO. It's a quick read, but summarizes important leadership concepts and mindset. One does not need (or want) to be a CEO for this book to be useful.

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