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Today knowledge has power. It controls access to opportunity and advancement.

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
Opportunity
Power
Controls
Today
Advancement
Access
Wise
Economy
Education

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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 fruit of your work grows on other people's trees
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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
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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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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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Most innovators are successful to the extent to which they define risks and confine them.
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The most effective way to manage change is to create it.
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As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
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Strong people have strong weaknesses.
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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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The worker's effectiveness is determined largely by the way he is being managed.
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Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.
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If you want to predict the future create it.
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Organizationally what is required - and evolving - is systems management.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.
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