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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
Subordinates
Inspirational
Executive
Ever

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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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Universities won't survive. The future is outside the traditional campus, outside the traditional classroom. Distance learning is coming on fast.
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Of those things that would make a difference, which are right for me?
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Success always obsoletes the very behavior that achieved it.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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Don't solve problems. Pursue opportunities.
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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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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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Accept the fact that we have to treat almost anybody as a volunteer.
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Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?'
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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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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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.
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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 essence of management is to make knowledge productive.
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