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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.
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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Learning
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Economic
Capital
Knowledge
Production
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Labor
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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The most effective way to manage change is to create it.
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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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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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Don't solve problems. Pursue opportunities.
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The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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To satisfy the customer is the mission and purpose of every business.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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