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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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
Responsibility
Executives
Individual
Fellow
Jobs
Fellows
Important
Individuals
Management
Workers
Organization
Decision
Tolerate
More quotes by Peter Drucker
If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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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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The computer, being a mechanical moron, can handle only quantifiable data.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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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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The first step toward making the worker achieving is to make work productive.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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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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Nobody can predict the future the idea is to have a firm grasp of the present.
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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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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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