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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
Science
Inspirational
Art
Entrepreneurial
Entrepreneurship
Entrepreneur
Neither
Practice

More quotes by Peter Drucker

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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right effectiveness is doing the right things.
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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Vision without execution is delusion. The joy is in the results
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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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The days of the 'intuitive' manager are numbered.
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Systematic change requires a willingness to look on change as an opportunity.
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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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What's measured improves
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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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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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To survive and succeed, every organization will have to turn itself into a change agent
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The individual is the central, rarest, most precious capital resource of our society.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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The best way to predict the future is to create it.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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