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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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
Matter
Management
Make
Decisions
Dangerous
Discussions
Mistake
Senior
Decision
Executives
Making
Assume
Business
Discussion
Reality
Assuming
More quotes by Peter Drucker
The enterprise can fulfill its human and social functions only if it prospers as a business.
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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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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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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 only things that evolve by themselves in an organization are disorder, friction and malperformance.
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Don't try to innovate for the future. Innovate for the present!
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To survive and succeed, every organization will have to turn itself into a change agent
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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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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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Accept the fact that we have to treat almost anybody as a volunteer.
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The best plan is only a plan... unless it degerates into work.
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Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
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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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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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Of those things that would make a difference, which are right for me?
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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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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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One either meets or one works.
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Our most important education system is in the employees' own organization.
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Time is the scarcest resource.
Peter Drucker
