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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
Means
Basic
Labor
Mean
Resources
Longer
Learning
Resource
Economic
Capital
Knowledge
Production
Natural
Productions

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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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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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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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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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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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The individual is the central, rarest, most precious capital resource of our society.
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Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
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That people even in well paid jobs choose ever earlier retirement is a severe indictment of our organizations - not just business, but government service, the universities. These people don't find their jobs interesting.
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No one learns as much about a subject as one who is forced to teach it.
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Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
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Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
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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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