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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.
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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Action
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Work
Money
Educated
People
Also
Commit
Need
Satisfied
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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One cannot manage change. One can only be ahead of it.
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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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Time is the scarcest resource.
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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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Every single social and global issue of our day is a business opportunity in disguise.
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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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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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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
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Without institution there is no management. But without management there is no institution.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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The essence of management is to make knowledge productive.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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People in any organization, including bureaucrats and politicians, are always attached to the obsolete the obsolescent the things that should have worked but didn't the things that once were productive and no longer are.
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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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