Quote

You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.

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
Motivational
Either
Hope
Action
Unpredictable
Back
Miracles
Take
Hang
Great
Miracle
Thinking
Positive

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Every organization has to prepare for the abandonment of everything it does.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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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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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
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The productivity of work is not the responsibility of the worker but of the manager.
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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Any organisation develops people it either forms them or deforms them.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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As to the idea that advertising motivates people, remember the Edsel.
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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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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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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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