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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

Peter Drucker

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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Challenges
Vanishes
Wise
Vanishing
Knowledge
Challenged
Inspirational
Improved
Increased
Encouraging
Improvement
Constantly

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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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The better a man is the more mistakes will he make – for the more new things he will try.
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An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.
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The best plan is only a plan... unless it degerates into work.
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The true business of every company is to make and keep customers.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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To satisfy the customer is the mission and purpose of every business.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Plans are only good intentions unless they immediately degenerate into hard work.
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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