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The best way to predict the future is to create it.

Peter Drucker

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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
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Businessperson
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Economist
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Philosopher
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University Teacher
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Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
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Entrepreneurship
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To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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If you want to predict the future create it.
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Our most important education system is in the employees' own organization.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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There's no such thing as knowledge management there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it.
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
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We know nothing about motivation. All we can do is write books about it.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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It's amazing how many things busy people are doing that never will be missed.
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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Plans are only good intentions unless they immediately degenerate into hard work.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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