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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
Knowledge
Challenged
Inspirational
Improved
Increased
Encouraging
Improvement
Constantly
Challenges
Vanishes
Wise
Vanishing
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To satisfy the customer is the mission and purpose of every business.
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If you want to predict the future create it.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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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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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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The first step toward making the worker achieving is to make work productive.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
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If you want it, measure it. If you can't measure it, forget it.
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People in any organization, including bureaucrats and politicians, are always attached to the obsolete the obsolescent the things that should have worked but didn't the things that once were productive and no longer are.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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Nobody can predict the future the idea is to have a firm grasp of the present.
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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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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
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