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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.

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
Edges
Tree
Knowledge
Learn
Make
Forest
Connect
Productive
Forests

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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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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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Objectives are not commands they are commitments.
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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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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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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
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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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Knowledge applied is productivity.
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Leadership is not rank, privileges, title or money. It is responsibility.
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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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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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Managers are the basic and scarcest resource of any business enterprise.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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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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When a resource is scarce, you increase its yield.
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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Nobody in the world is as good at making decisions as the Japanese.
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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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