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Nothing is less productive than to make more efficient what should not be done at all.
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
Make
Productivity
Efficiency
Efficient
Productive
Less
Government
Nothing
Done
Procrastination
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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One cannot manage change. One can only be ahead of it.
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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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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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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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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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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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One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money we also feel we need to work.
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The only things that evolve by themselves in an organization are disorder, friction and malperformance.
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There is a point of complexity beyond which a business is no longer manageable.
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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
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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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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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The society of organizations is new-only seventy years ago employees were a small minority in every society.
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