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Entrepreneurship is neither a science nor an art. It is a practice.
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
Inspirational
Art
Entrepreneurial
Entrepreneurship
Entrepreneur
Neither
Practice
Science
More quotes by Peter Drucker
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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Adversarial power relationships only work if you never have to see or work with the bastards again.
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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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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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Every single social and global issue of our day is a business opportunity in disguise.
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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The enterprise can fulfill its human and social functions only if it prospers as a business.
Peter Drucker
Adequacy is the enemy of excellence.
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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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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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The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
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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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Vision without execution is delusion. The joy is in the results
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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.
Peter Drucker
