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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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
Business
Costs
Mail
Communication
Physical
Cost
Eliminated
Internet
Communications
Technology
Practically
Information
Redemption
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Succession planning often results in the selection of a weaker representation of yourself.
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The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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Don't try to innovate for the future. Innovate for the present!
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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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The single minded ones, the monomaniacs, are the only true achievers
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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Fascism is the result of the collapse of Europe's spiritual and social order... catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
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Objectives are not commands they are commitments.
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