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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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
Present
Decline
Age
Ages
Change
Enterprise
Doe
Innovation
Period
Declines
Fast
Innovate
Periods
Rapid
Growth
Rapids
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Meetings are a symptom of bad organization. The fewer meetings the better.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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...because knowledge rapidly deteriorates unless it is used constantly, maintaining within an organization an activity that is used only intermittently guarantees incompetence.
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Don't solve problems. Pursue opportunities.
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There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
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Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
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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 key to greatness is to look for people's potential and spend time developing it.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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