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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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
Needs
Entrepreneurship
Continuous
Steady
Entrepreneur
Innovation
Normal
Society
Need
Entrepreneurial
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The only thing we know about the future is that it will be different.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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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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When a resource is scarce, you increase its yield.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
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Decision making is the specific executive task.
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Look upon every obstacle as part payment towards your success.
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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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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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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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What's measured improves
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Our society has become an employee society.
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Don't solve problems. Pursue opportunities.
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To make a living is no longer enough. Work also has to make a life.
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Leadership is all about getting results.
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Do the right things instead of trying to do everything right.
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The true business of every company is to make and keep customers.
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