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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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
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Life
Afford
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Cannot
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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We do not need more laws . No country suffers from a shortage of laws. We need a new model .
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Every single social and global issue of our day is a business opportunity in disguise.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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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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All companies are service companies some also manufacture products.
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