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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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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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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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Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
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All companies are service companies some also manufacture products.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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Most innovators are successful to the extent to which they define risks and confine them.
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Don't try to innovate for the future. Innovate for the present!
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The computer, being a mechanical moron, can handle only quantifiable data.
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Succession planning often results in the selection of a weaker representation of yourself.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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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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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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Doing the right thing is more important than doing the thing right.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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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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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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As to the idea that advertising motivates people, remember the Edsel.
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