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The most effective way to manage change is to create it.
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
Change
Way
Effective
Manage
Motivational
Create
Inspirational
More quotes by Peter Drucker
The better a man is the more mistakes will he make – for the more new things he will try.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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There is a point of complexity beyond which a business is no longer manageable.
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Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
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Look upon every obstacle as part payment towards your success.
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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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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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When a resource is scarce, you increase its yield.
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Managers are the basic and scarcest resource of any business enterprise.
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The individual is the central, rarest, most precious capital resource of our society.
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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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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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Accept the fact that we have to treat almost anybody as a volunteer.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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Follow effective action with quiet reflection.
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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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