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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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
Instruments
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Entrepreneurship
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Create
Entrepreneur
Inspirational
Innovation
More quotes by Peter Drucker
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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You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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We always remember best the irrelevant.
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Of those things that would make a difference, which are right for me?
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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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Culture eats Christianity for breakfast.
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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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If you want to predict the future create it.
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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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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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One does not start with facts. One starts with opinions.
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