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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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
Much
Truly
Blackout
Beyond
Blackouts
Needed
Overload
Information
Enrich
Business
Fewer
Doe
Investing
Anything
Data
Better
Leads
Impoverishes
More quotes by Peter Drucker
Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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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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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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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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You cannot build performance on weaknesses. You can build only on strengths.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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Look upon every obstacle as part payment towards your success.
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There are no creeds in mathematics.
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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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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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.
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Succession planning often results in the selection of a weaker representation of yourself.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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Everything must degenerate into work if anything is to happen.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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Efficiency is doing better what is already being done.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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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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