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No executive has ever suffered because his subordinates were strong and effective.
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
Suffered
Executives
Effective
Leadership
Business
Strong
Inspirational
Subordinates
Ever
Executive
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Defending yesterday is far more risky than making tomorrow.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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If you want it, measure it. If you can't measure it, forget it.
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To satisfy the customer is the mission and purpose of every business.
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Of those things that would make a difference, which are right for me?
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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Every organization has to prepare for the abandonment of everything it does.
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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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There is nothing worse than doing the wrong thing well.
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Every success creates new opportunities. So does every failure.
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The only thing we know about the future is that it will be different.
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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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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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Knowledge applied is productivity.
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