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The only thing we know about the future is that it will be different.
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
Journey
Wise
Economy
Future
Change
Different
Thing
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No one has ever failed to find the facts they are looking for.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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One does not manage people. The task is to lead people.
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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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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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Elephants have a hard time adapting. Cockroaches outlive everything.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
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Without institution there is no management. But without management there is no institution.
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In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
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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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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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The really important things are said over cocktails and are never done.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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