Quote

Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.

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
Power
Communication
Make
Tried
People
Information
Transmitting
Secret
Hiding
Knowledge
Post
Often
Posts
Comes
Productive
Past
Capitalism

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We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out.
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We know nothing about motivation. All we can do is write books about it.
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Conductors do not know how the oboe does its work, but they know what the oboe should contribute.
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Universities won't survive. The future is outside the traditional campus, outside the traditional classroom. Distance learning is coming on fast.
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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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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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It's amazing how many things busy people are doing that never will be missed.
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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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Efficiency is doing better what is already being done.
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Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.
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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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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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Every success creates new opportunities. So does every failure.
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The purpose of information is not knowledge. It is being able to take the right action.
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Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.
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There are usually half a dozen right answers to what needs to be done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing.
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One cannot hire a hand the whole man always comes with it.
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Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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